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The funds gained from the IPO allowed Amazon to grow quickly, making its first three acquisitions on April 27, 1998, less than a year after the company had gone public. [2] After the dot-com bubble burst on March 11, 2000, several companies that Amazon had invested in went bankrupt, with Amazon's stock price itself sinking to record lows. [3]
The company was first founded in autumn 2013 by Jamie Siminoff as the crowdfunded startup Doorbot; it was renamed Ring in autumn 2014, after which it began to receive equity investments. It was acquired by Amazon in 2018 for approximately $1 billion. [3] Ring's product lines have faced scrutiny over privacy issues.
Media in category "Amazon (company) acquisitions" This category contains only the following file. A. File:AbeBooks logo.svg
(Reuters) -Amazon.com said on Tuesday that its cloud computing division, Amazon Web Services (AWS), plans to invest about $11 billion to expand its infrastructure in Georgia to support cloud ...
Amazon's 10-stock portfolio was worth $2.5 billion at the end of the second quarter and included companies ranging from an EV maker, to a couple of semiconductor makers, to an egg producer.
iRobot said Monday that a planned deal to be acquired by Amazon would not go through — a development that caused the Roomba floor vacuum maker to announce it would now lay off 31% of its staff.
This is a list of Georgia companies, current and former businesses whose headquarters are, or were, in the U.S. state of Georgia. Companies based in Georgia
Amazon.com, Inc. (NAS: AMZN) , a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com, Inc. seeks to be Earth's ...