Blood contains plasma, which is the liquid part of the blood containing useful things like glucose, amino acids, minerals, vitamins (nutrients) and hormones, as well as waste materials such as urea.
Red blood cells have a biconcave shape, which is the shape of a disc that is curved inwards on both sides, to maximise their surface area for oxygen absorption.
Haemoglobin can combine reversibly with oxygen, meaning it can combine with oxygen as blood passes through the lungs, and release the oxygen when it reaches the cells.