To expand in Europe, Amazon plans to invest $3.04 billion in new data centres in Spain. The new data centres will open in mid-2022 in the Spanish northern region of Aragon. The company will hire approximately 1,300 employees for new data centres.
- The cloud computing service unit of Amazon, Amazon Web Services, will invest the amount over a period of ten years.
- The investment includes capital expenditure, the construction of the centres, imports of equipment and operating expenses
We highlight below select prominent expansions and deals by Amazon below:
May 2021: In order to strengthen entertainment portfolio, Amazon announced to acquire leading entertainment company MGM for approximately USD 8.45 billion. MGM has a vast catalog with more than 4,000 films.
May 2021: For operational efficiency and increasing consumer base Amazon is hiring 75,000 people in its fulfilment and logistics network across the U.S. and Canada. The expansion will help to expand its regional footprint and serve customers.
March 2021: Amazon announced to create more than 500 new jobs in Texas. The company plans to open a new fulfillment center in Amarillo, the USA. The new one million square-foot fulfillment center, is expected to launch in early 2022.
Jan 2021: Amazon, plans to expand its Boston Tech Hub. The company would create more than 3,000 new corporate and technology jobs over the next several years. To accommodate its growing teams in Boston, Amazon leased a new 17-story office tower located at One Boston Wharf Road in the 33-acre Boston Seaport project.
Jan 2021: To meet customers’ growing demand Amazon announced investment in Quebec with two new sortation centres and its first three delivery stations in the province. The five facilities would create more than 1,000 jobs in the region.
Dec 2020: To strengthen presence in Oklahoma City, Amazon.com, Inc. announces to open a new fulfillment center in Oklahoma City, OK. The new fulfillment center, which is anticipated to launch in 2021, will create over 500 new full-time jobs.
Nov 2020: Amazon Web Services (AWS) plans to set up its second data centre region in India in Telangana. The company will invest approximately $2.77 billion. The new data centre will be operational by mid-2022.
Oct 2020: The global retail leader Amazon.com, plans to open two new fulfillment centers in Kansas, the USA. The new fulfillment centers, which are expected to complete in 2021, and it will together create more than 1,000 new full-time jobs.
Aug 2020: Amazon announced that it plans to create 3,500 new tech and corporate jobs across six cities in the United States. The company will invest more than $1.4 billion to expand its business.
Aug 2020:To develop next generation mobility platform Toyota Motor Corporation announced a global collaboration with Amazon Web Services, Inc. (AWS), a subsidiary of technology giant Amazon.com. The expanded collaboration with AWS helps to strengthen Toyota’s Mobility Services Platform (MSPF).
Aug 2020, To expand the customer service the Amazon.com, Inc. plans to launch a new, state-of-the-art Amazon fulfillment center in Temple Terrace, Florida. The new fulfillment center, will create 750 new full-time jobs in the area.
July 2020: The global ecommerce leader Amazon.com, Inc. plans to open its first fulfillment center in El Paso, Texas. The new fulfillment center will create more than 700 new, full-time jobs with industry leading pay and comprehensive benefits.
July 2020: Amazon.com, plans to open its first fulfillment center in Little Rock, Arkansas. The company also plans to open second delivery station in Little Rock. The new fulfilment center will create over 1,000 new full-time jobs.
June 2020: Amazon announced $2 billion The Climate Pledge Fund to support the development of sustainable technologies and services. The fund will help to meet The Climate Pledgecommitments to be net zero carbon by 2040.
May 2020: The global technological firm Amazon announced five new renewable energy projects in China, Australia and the U.S. that further support Amazons commitment to reach 80% renewable energy by 2024 and 100% renewable energy by 2030, as well as to reach net zero carbon by 2040.
March 2020: The global technological firm Amazon had announced four new renewable energy projects in Australia, Spain, Sweden, and the USA. The company is investing globally to enable new renewable energy projects as the company works towards net zero carbon by 2040.
February 2020: Amazon had announced that its cloud computing arm AWS (Amazon Web Services) is investing around $1.5 billion to set up two data centres in India. These data centres will come up in Hyderabad, in Telangana.
February 2020: Amazon.com plans to open its first fulfillment center in the state of Iowa in the city of Bondurant, the USA. The new fulfillment center will create 1,000 new full-time jobs with industry-leading pay and comprehensive benefits.
February 2020: Amazon, had announced an expansion of the companys workforce in Santa Barbara, California, and plans to create 150 additional tech jobs in the city. Recently the company has opened a new 48,000 square foot office for Alexa tech teams located in Santa Barbara.
January 2020: Amazon announced plans to invest $1 billion to enhance digitalisation in India. The company will primarily invest in digitizing micro, small, and medium enterprises (MSMEs) and traders across the country. The main beneficiary of investments includes manufacturers, resellers, local offline shops, and local brands. Amazon announced that it would establish nearly 100 Digital Haats in cities and villages to help businesses integrate into the digital economy. The company aims to digitize 10 million MSMEs in this country.
Seattle based Amazon is a worlds largest online marketplace. The companys more than 1,900,000 people focus on e-commerce, digital streaming, cloud computing, and artificial intelligence globally. The company is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking.
Some of the pioneered products of Amazon include 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa.