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Jeff Bezos's home in Bellevue, Washington, where the company was founded in 1994. Amazon was founded on July 5, 1994, by Jeff Bezos after he relocated from New York City to Bellevue, Washington, near Seattle, to operate an online bookstore.
Amazon also offers the Amazon Kindle for people to purchase their books as eBooks, and by 2010, more people buy ebooks than physical books from Amazon. 2011–2015: Amazon starts offering streaming services like Amazon Music and Amazon Video. By 2015, its market capitalization surpassed that of Walmart.
On February 14, 2019, Amazon canceled its plan for the HQ2 location in New York City. Amazon is also in the process of building a retail hub of operations center in Nashville, Tennessee. On August 21, 2019, Amazon opened its largest campus in the world at Nanakramguda in Hyderabad, India. It is the first Amazon-owned campus located outside the ...
A year later, Bezos took on 130,000 new employees when he ramped up hiring at company distribution centers. [72] By January 19, 2018, his Amazon stock holdings had appreciated to slightly over $109 billion; months later he began to sell stock to raise cash for other enterprises, in particular, Blue Origin. [73]
Miguel Ángel Bezos was born in 1945 or 1946 [2] [3] in Santiago de Cuba, Cuba and was brought up with his brother and sister.His father owned a lumber mill and his mother was a part-time shopkeeper, selling fabric and infant clothing.
The New York Times found Denver to be the best site based on Amazon's criteria, followed closely by Boston and Washington, D.C. [26] Irish gambling site Paddy Power originally listed Atlanta as the odds on favorite to win HQ2, with 2-to-1 odds, [27] but as of January 2018, listed Atlanta and Austin as sharing 3-to-1 odds of winning Amazon HQ2. [28]
Amazon most often refers to: Amazon River, in South America; Amazon rainforest, a rainforest covering most of the Amazon basin; Amazon (company), an American multinational technology company Amazon Prime Video, an American video streaming service; Amazons, a tribe of female warriors in Greek mythology; Amazon or Amazone may also refer to:
The company was founded in 2000 by Jeff Bezos, the founder of Amazon. [4] [5] Rob Meyerson joined the company in 2003 and served as the CEO before leaving the company in 2018. [6] Bob Smith served as CEO from 2018 to 2023. [7] The current CEO is Dave Limp. [8] Little is known about the company's activities in its early years.