Amazon
Definition
Amazon.com, Inc. is an American multinational technology company based in Seattle that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
Analogy
Think of Amazon as a massive online department store. Just like a department store has different sections for electronics, clothing, home goods etc., Amazon has categories for virtually anything you can think of. And just like how some department stores have their own brands, Amazon also sells products under its own brand name.
Related terms
E-Commerce: The buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions. This is what Amazon specializes in.
Amazon Prime: A paid subscription service offered by Amazon that gives users access to services that would otherwise be unavailable or cost extra to the typical Amazon customer. This includes free two-day delivery and music and video streaming services.
Kindle: An e-reader device designed and marketed by Amazon which allows users to browse, buy, download and read e-books, newspapers, magazines and other digital media via wireless networking to the Kindle Store.
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