Who Really Owns KDP?
Kindle Direct Publishing is owned by Amazon.
Amazon is a multinational tech company based in the United States. It is known primarily for its online shopping platform. Founded in 1994, it has grown into one of the largest online retailers in the world.
Besides its E-commerce platform, the following are some of Amazon’s services and products:
- Amazon Prime: A subscription service that offers free shipping as well as streaming music, TV shows, and movies.
- Amazon Web Services (AWS): A cloud computing platform that offers computing power, storage, and databases.
- Amazon Devices: Amazon produces and sells the Kindle e-reader, Fire tablets, and Echo smart speakers with Alexa.
- KDP: An easy way for anyone to publish and share books with the world.
- Grocery and Retail: Amazon has a grocery sector comprising Amazon Fresh and Whole Foods Market.
Amazon is a publicly traded company, so its shareholders are its actual owners. Jeff Bezos, the founder, remains the largest shareholder.