You will like to know the interesting facts about Amazon

You will like to know the interesting facts about Amazon


1. Amazon had just different name.

  • The company was initially called (Cadabra), like the magical and interesting term "abracadabra", but Jeff Bezos' an lawyer told him about the magical term that reference was too mysterious, and when you say it loudly, "Cadabra" could be mistaken for "Cadaver". At long last, they came up with the name Amazon, a remark about the river in South America. The idea was to selection of books which would be huge and broad, just similar to the world's largest river. The team did have abundant names in mind but they choose Amazon as one of the domains. If you type relentless in your (any) browser, you will be redirected to Amazon, as the domain name refers as similar.

2. Amazon hasn't paid federal taxes in two years.

  • Amazon's profits almost doubled in the year's 2017 to 2018, but the tax department of company hasn't paid federal taxes in two years, but this was completely legal. The US government has allowed companies to certain tax break down with certain deductions. One policy, which was the R&D tax credit, which uplifted the companies to spend its profits and bonus on research and development. Beginning from 2005 to 2014 year quarter, Amazon conquer worth of $600 million in tax breaks to build and develop warehouses in particular states. It reached the another development worth of $147 million in tax breaks for building and managing data centers around the country.

3. In few months, Amazon cloud (AWS) made Amazon $7.3 billion in revenue.

  • It prompted like Amazon, was doing yet slightly different. The abbreviation of AWS stands for Amazon Web Services, a cloud service which Amazon operates. AWS has given an Kick to many start-ups to begin from low overhead so they purchase only what they required from AWS and increase their needs and productivity as the company grows. Many more sites and applications we use in day-to-day run on AWS, which including Lyft, Airbnb, Netflix, Spotify and many more. Even large and small enterprises which works on time inclusions and comcast have shifted their servers to the AWS cloud. As the majority of Amazon's total revenue comes from its AWS service. In 2018, the company announced that AWS made the worth of $7.3 billion in revenue. As the main growth was in 2017 of generating an revenue of worth $4.3 billion for the company, where after 2017 the competition started and the service doesn't get hamper were AWS keep on growing.

4. What you can't purchase or buy on Amazon.

  • Full-size homes (own or rent), cars (old or new), cigarettes and live animals (funny but true fact) are some things you might not be able to purchase from Amazon, for it you have to come out of house and search for the things.

5. Amazon possess 41+ subsidiaries and brands, officially they have keep hidden.

  • When you shop for shoes on any particular platform or search your favorite actor on Internet Movie Database, you're indirectly making Amazon money. Other brands Amazon own include Goodreads, Whole Foods, Audible, and Souq an eCommerce site for Middle Eastern countries (European and Arabic countries). As Amazon has not officially declared but they owns 41+ subsidiaries and brands.

6. An operating manager had an fantastic method to let go away frustration.

  • Off season is frustrating for the retail industry. The Jeff Wilke, who was an operating/operations manager in the beginning of 2000s, had an interesting method to get away of frustration. Like he would motivate his employees who had just completed his goal so they may call him, close their eyes and yelp at the top of their lungs like a primal scream.

7. Amazon is a company which has pet-friendly environment.

  • Amazon employees who loves or  having their furry friends are allowed at office. There are more than 6,000 dogs and employee's who with different pet lover work's at Amazon's campus in Seattle. Amazon has always been a pet-friendly environment for the purpose of employees happiness. As there a doggy deck in one of the buildings  of Amazon with a fake fire hydrant.

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