Amazon: 1.2 billion euro investment plan in France
May 13, 2024 at 02:12 am
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On the occasion of the Choose France Summit, Amazon announces an investment plan of more than 1.2 billion euros in France and the creation of more than 3,000 permanent jobs, in addition to the 2,000 permanent jobs the technology group has already announced for 2024.
These investments include, in particular, the development of Amazon Web Services (AWS) cloud infrastructure in the Paris region to support the growing opportunities for generative AI in France.
Amazon also plans, as part of this plan, to expand its logistics infrastructure for online commerce in Auvergne-Rhône-Alpes to deliver to customers in a faster, greener way.
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Amazon.com, Inc. is one of the world leaders in on-line distribution of products to the general public. The group also operates a marketplace activity, allowing individuals and distribution companies to conduct their purchase and selling transactions for goods and services. The activity is organized around three families of products and services:
- electronic and computer products: toys, cameras, computers, laptops and peripherals, TVs, stereo systems, readers, wireless communication products, etc. Amazon.com also offers kitchen and garden equipment, clothing, beauty products, etc.;
- cultural products: books, musical products, video games and DVDs;
- other: primarily Internet interface and application development services.
Net sales break down by source of income between sales of services (55.5%) and sales of products (44.5%).
Net sales are distributed geographically as follows: the United States (68.8%), Germany (6.5%), the United Kingdom (5.9%), Japan (4.5%), and other (14.3%).