Our customers include both buyers and sellers on our marketplaces, and they discover, select and transact with each other on our platform. Buyers access our marketplaces free of charge. Buyers include consumers who come to our retail marketplaces to shop for anything anytime anywhere, as well as business buyers who use our wholesale marketplaces to source products for use in their own business or for resale. Sellers use our marketplaces to establish a presence on the Internet and market products and services to hundreds of millions of consumers and other businesses. Sellers include brands, retailers, wholesalers and manufacturers. We also provide cloud computing services to a wide range of customers including merchants doing business on our marketplaces, systems integrators, mobile app developers and digital entertainment companies.

An ecosystem has developed around our platforms and businesses, consisting of consumers, merchants, brands, retailers, third-party service providers, strategic alliance partners and other businesses. At the nexus of this ecosystem are our technology platform, our marketplace rules and the role we play in connecting these participants to make it possible for them to discover, engage and transact with each other and manage their businesses anytime and anywhere. Our ecosystem has strong self-reinforcing network effects benefiting its various participants, who are in turn invested in our ecosystem’s growth and success.