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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.
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.
Amazon Basics (formerly written as AmazonBasics) is a private label that offers home goods, office supplies, and tech accessories. [5] The line was launched in 2009. [ 6 ] As of December 2017, Amazon Basics is the best-selling private label brand on Amazon.com. [ 7 ] In November 2018, AmazonBasics expanded their product line to include home ...
The company’s shift to international manufacturing began in 1993, when it was acquired by Mattel, and led to a massive recall of nearly a million China-made toys in 2007, because of concerns ...
The company, now based in Uruguay, started as a clone of eBay but today is known as the Amazon of Latin America. The e-commerce site sold over $11 billion in goods in the third quarter of 2023, a ...
Amazon Fresh is a home grocery delivery service first trialed in 2007, and later made available in Boston, Seattle, Los Angeles, San Francisco, California, San Diego, Brooklyn, New York, and Philadelphia. [77] In 2017, Amazon purchased Whole Foods and began selling 365 branded products through Amazon Fresh.
Pfizer made a hostile bid, just after the announcement of a $65 billion deal with American Home Products, the eventual purchase price would be in excess of $90 billion. [451] [452] [453] 20 1999 Deutsche Telekom: Telecom Italia: 81.0 148.1