Because of the rising economy of e-commerce, online stores are popping all over the market with much competitiveness in them. In our time today, Amazon.com is one of the greatest online sellers in the world. It is an American electronic commerce and a cloud computing company established in Seattle, Washington that was founded on July 5, 1994. It is the largest internet retailer in the world based on revenue and market capitalization and the second largest from Alibaba Group based on total sales. Amazon has retail websites for United States, France, Canada, Germany, Italy, Spain, the United Kingdom and Ireland, Netherlands, Brazil, Japan, China, India, Mexico and the newly launched website in Australia. It continues to grow in other countries and it will seize to exist in every corner of the world.
Amazon surpassed Walmart as the most valuable retailer in the United States based on market capitalization. Amazon has its own product lines on their websites such as apparel, baby products, consumer electronics, beauty products, gourmet food, groceries, health and personal care items, and many more. it also includes AmazonFresh, Amazon Prime, Amazon Web Services, Alexa, Appstore, Amazon Drive, Echo, Kindle, Fire tablets, fire TV, Video, Kindle Store and many more.
Amazon allows the viewers to put their reviews on the web page of the product. Reviewers can rate on the rating scale from one to five stars. Amazon is a retail site with a sales revenue model. They take a small percentage of the sale price of the product if it is sold through their website. Through the years, a lot of improvements and plans that Amazon.com is trying to convey. Such as Amazon HQ2.
Amazon HQ2 is a proposed headquarters for online retail of Amazon.com in North America. In September 2017, Amazon.com announced the plan with proposal requests from governments and economic development organizations. They are gaining attention from more than 200 cities in Canada, United States, and even Mexico. They will hire approximately 50,000 employees and is planning to invest 5 billion dollars in the construction. Here are some of the finalists for HQ2 bidding process:
- Atlanta, Georgia
- Austin, Texas
- Boston, Massachusetts
- Chicago, Illinois
- Columbus, Ohio
- Dallas, Texas
- Denver, Colorado
- Indianapolis, Indiana
- Los Angeles, California
- Miami, Florida
- Montgomery County, Maryland
- Nashville, Tennessee
- Newark, New Jersey
- New York city
- Northern Virginia
- Philadelphia, Pennsylvania
- Pittsburgh, Pennsylvania
- Raleigh, North Carolina
- Toronto, Canada
- Washington, D.C.
The announcement shocked Seattle, where Amazon is expanding to South Lake Union campus with 40,000 workers occupying 20% of city’s office space. Here are some of the reaction of the chosen cities:
“Atlanta’s spot on this list is a testament to our city’s assets, including the strong working relationship between the City and the State. I am excited to move forward into this next phase of the process, and I look forward to continuing to work with Governor Deal, Commissioner Wilson, and all of our stakeholders to make sure Atlanta puts forth the strongest, most competitive bid possible.” Mayor Keisha Lance Bottoms said.
- Austin, Texas
“We are pleased that the Austin region has advanced to the second round. We look forward to presenting the best of what our region has to offer and how we can partner with Amazon,” said Mike Berman, a spokesman for the Greater Austin Chamber of Commerce.
“I am proud that Boston is on Amazon’s shortlist for its second North American headquarters. As a thriving city with a talented and diverse workforce, a culture of innovation and opportunity for all, I see no better city than Boston for Amazon to call their second home.” Mayor Marty Walsh said.
“Today’s news makes clear that Amazon recognizes Chicago’s great strengths — access to talent, transportation, higher education, affordability and quality of life, which are the keys to growth and prosperity. We are prepared to compete at the next level and the next level after that.” Mayor Rahm Emanuel said.
- Columbus, Ohio
“Amazon recognizes what we already know — America’s opportunity city would provide an excellent home for Amazon. We will compete hard, we will compete professionally and we will be respectful of Amazon’s process. Most importantly, we will ensure that, if selected, this development will provide new opportunities for our entire community.” Mayor Andrew Ginther said.
“The great news today is that we’ve made it to the playoffs, but we’ve obviously got an impressive list of competitors still in the running for Amazon HQ2. This process has reiterated for me how strong we are as a city and a region. No area has grown faster and better than Dallas over the past few years.” Dallas Mayor Mike Rawlings said.
“It’s great to be on Amazon’s list of finalists as they consider the location of their second headquarters. Colorado is one of the most business-friendly states in America and we believe the Denver region would be a great choice for Amazon,” said Governor John Hickenlooper.
- Los Angeles
“We’ve got rockets and rock stars, more engineers, and more sunshine. The Olympics, two NFL teams, and George Lucas all know L.A. is the future — so should Amazon. And we love that Jeff Bezos already has a home here.” Mayor Eric Garcetti said.
“My mayorship reflects a generational change that is perfect for receiving a tech company like Amazon. We need to usher in the knowledge-based economy to our city and ensure that it filters down to every resident. I put a call into Jeff Bezos and said I would be willing to fly to Seattle and make a personal pitch. He is from Miami so we would love nothing more for him to have his second HQ in his hometown.” said Mayor Francis Suarez.
- Montgomery County, Maryland
“I am extremely pleased and proud that Amazon selected Montgomery County, Md. to enter into future discussions regarding locating their second headquarters. As the only County in the country on the short list, having the ability to move forward for further consideration is a real honor.” Montgomery County Executive Ike Leggett said.
In addition to Amazon’s direct hiring and investment, construction and ongoing operation of Amazon HQ2 are expected to create tens of thousands of additional jobs and tens of billions of dollars in additional investment in the surrounding community.