Amazon is the world’s largest online retailer and eCommerce website. Whenever a topic about online shopping arises, the term ‘Amazon’ can never stay out of the discussion. Since its inception, growth, development, and the climb to the peak of success, Amazon has written an incredible story. We’ll present that to you in the form of Amazon Stats and Facts.
In this post, I will tell you about 60+ Amazon Stats and Facts that are worth reading. You must know these before the year ends. You can take them for whatever you want, to be inspired, to follow their strategies, for research, just for curiosity.
The Most Interesting Amazon Stats and Facts for 2021
Since the start in 1994, Amazon has come a very long way now. It has become synonymous to online shopping. Its services have expanded to hundreds of countries and regions globally. Amazon is the global eCommerce leader now. Throughout the journey, Amazon has written certain stats and facts that are worth giving a read. We have collected all those interesting facts and compiled them here.
We’ll cover facts and statistics about how Amazon started, how it grew, and how it is doing today. Going through these, you’ll be able to understand the success story of the online retail giant company. We’ll also cover facts about the products and services offered by Amazon, like Alexa, Prime, etc.
How Amazon Started?
Amazon has a very interesting story about how it started and went on to climb the Everest of success. Jeff Bezos founded Amazon in July 1994 in his garage. It was launched as an online bookstore, which soon started selling other products like electronics, furniture, toys, video games, and many other things. It has now become the ‘world’s largest online retailer’ and is touted as one of the most influential names in the economic and cultural forces. Here are some very interesting facts and stats about the History of Amazon.
- Mr. Jeffrey P. Bezos (Jeff Bezos) quit his job and founded Amazon in his garage as Cadabra.
- In 1995, Cadabra became Amazon and went live as an online book store. They sold the first-ever book in the same year.
- Just after the first month of its launch, Amazon had already sold books to buyers in over 50 states and 45 countries.
- It generates over $20,000 per week sales just in the first month.
- Jeff Bezos chose Seattle to start Amazon because of the technical talent present there.
- In 1996, Amazon incorporated in Delaware.
- In 1997, Amazon went public.
- By 1998, the company started selling music and videos. Meanwhile, also acquiring online sellers of books in the UK and Germany to operate internationally.
- By 1998, they also started selling video games, consumer electronics, home-improvement items, software, games, and toys.
- In 2002, Amazon started Amazon Web Services (AWS).
This is how Amazon started its way to success. Let’s proceed further and take a look at its growth and development.
Growth, Development, and Acquisitions of Amazon
After having a nice beginning, Amazon kept on adding wonderful chapters to its story. It acquired a number of companies and services over the course of years to reach as many customers as they can. Here are the must-know statistics about them here.
- In 1998, Amazon bought IMDB.
- In 199, Jeff Bezos became the “Time Person of the Year.”
- Amazon entered into a 10-year agreement with the US toy retailer Toys “R” Us in 2000.
- The next year, Amazon entered into a similar agreement with the Borders Group.
- In 2008, Amazon purchased Audible.
- The next year (2009), they acquired Zappos.
- In 2012, Amazon purchased Kiva Systems to automate its inventory-management business.
- The next year, Amazon bought Goodreads and bought Twitch in 2014.
- Amazon surpassed Walmart as the most valuable retailer in the US by market capitalization in 2015.
- In 2017, Amazon acquired Whole Foods and also bought Souq.
- In 2018, Amazon purchased Ring, PillPack. They also announced it will open two additional headquarters in Crystal City and New York.
- The same year, Amazon came into an agreement with Apple Inc. to sell its selective products through the eCommerce platform.
- Amazon also partnered with many other big names throughout the years like Nike, DC Comics, United States Postal Service, and many more.
So, that’s how Amazon evolved into what it is today.
Amazon Users, Usage & Demographics Stats
It has been 25 years since Amazon sold their first product, and now they have sold billions of products, and sell millions daily. Let’s take a look at the current users, usage, and demographic statistics and facts about Amazon.
- Amazon reached 300 million+ monthly active users by 2017. It is now estimated to have over 750 million+ monthly active users worldwide.
- Amazon is the most popular shopping app in the USA with over 220 million+ mobile users.
- Electronics is the most shopped category on Amazon. Out of 100 sales they make, 44 are from the electronics category.
- 85% of the online shopping app users in the USA trust Amazon over any other platform.
- 65% of the Amazon users prefer to use in on their PC or laptops.
- Amazon sells 4500+ items every minute on average.
- Amazon has over 3 million sellers on its platform.
- It operates in over 100 countries globally. Some of the countries where Amazon doesn’t operate are North Korea, Somalia, Cuba, Iran, Botswana, Iraq, and Myanmar.
- By the percentage of popular, the countries that use Amazon the most are the USA (82%), Canada (2%), China (1.5%), India (1.5%), and the UK (1.4%).
- Males prefer Amazon more than females.
Amazon has become a behemoth in the global eCommerce industry now.
Financial Amazon Stats
Jeff Bezos and Amazon have become an inspiration for many entrepreneurs and businessmen worldwide. This is due to the massive financial success of the company. Here are some brilliant financial Amazon stats that’ll help you to understand that.
- Amazon is headquartered in Seattle, Washington, US.
- The company is the second-largest employer of the USA, with over 840,000 employees.
- Amazon posted over $75.5 billion in revenue for the first quarter of 2020.
- Their net sales for 2019 1was over $193.6 billion. Their revenue for Q4 of 2019 was $87.4 billion.
- Amazon Inc. has a market cap of $900 billion. It is one of the most valuable companies in the world.
- CEO Jeff Bezos is the richest person in the world having a net worth of $115 billion. He is expected to be the first-ever ‘Trillionaire’ of the world by 2026.
- Amazon’s minimum wage for its workers is $15 per hour.
- Amazon has more third-party sales than first-party ones. In 2018, they had first-party sales of $117 billion while having $160 billion third-party sales.
- The company holds 5% of the US retail shares and 38% of the eCommerce shares.
While other businessmen and companies suffered by a great margin during the Covid-19 crisis, Jeff Bezos got even richer. There’s nothing stopping Amazon now.
Amazon Products & Services Facts
Throughout the course of years, Amazon introduced some really amazing products and services that helped it climb the ladders of success faster. Here are some facts and stats about the Amazon subsidiaries that you must read.
- Amazon Prime surpassed 100 million subscribers worldwide in 2018. As of now, it has 150 million+ subscribers all around the globe.
- 101 million+ people have Amazon Prime membership in the USA.
- Over 85,000+ sellers use Amazon Business.
- 3% of the Echo owners have bought a product using Alexa.
- By 2019, Amazon has sold over 100 million Alexa enabled devices.
- There are over 20 million Twitch Prime users worldwide.
- Amazon Music has over 55 million active users in 2020. It is soon estimated to surpass Apple Music.
- There are over 200,000 full-length audiobooks and original programs available on Audible.
- There are over 100 million Amazon Pay users in around 73 countries.
- Whole Foods is one of the most profitable subsidiaries of Amazon.
- ComiXology has over 75000 comics to read. It has 10 million+ app downloads in the Play Store.
The list of facts and stats for Amazon subsidiaries and products can be endless. But, we’ll leave that for another post. That’s it for now readers.
Amazon has become a giant now. The story of Amazon is really interesting to read. These are some really interesting facts and stats about Amazon. If you think I have missed some important ones, let me know in the comments. Or, if you need help with anything mentioned here, feel free to reach up to me.
That’s all for this post. I hope you find it useful. Signing off.