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Amazon.com, Inc., [1] doing business as Amazon (/ ˈ æ m ə z ɒ n /, AM-ə-zon; UK also / ˈ æ m ə z ə n /, AM-ə-zən), is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. [5]
Key developments at Amazon 1994–1998: Amazon started off as an online bookstore selling books, primarily competing with local booksellers and Barnes & Noble. It IPOs in 1997. 1998–2004: Amazon starts to expand its services beyond books. It also starts offering convenience services, such as Free Super Savers Shipping. 2005–2011
In October of that year, Amazon was recognized as the largest online shopping retailer in the world. [69] Bezos in 2010. In May 2016, Bezos sold slightly more than one million shares of his holdings in the company for $671 million, the largest sum he had ever raised from selling some of his Amazon stock. [70]
Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1] 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]
Dropbox is founded. [247] Dropbox, a storage and backup service aimed at ordinary consumers and businesses, would grow into one of the biggest users of Amazon S3. 2008: August: Partnerships: Netflix announces it will start moving all its data to the Amazon Web Services cloud. It finally shifts all its data to the cloud by January 2016. [248 ...
After his stock payments ended in 1999, he stopped coming to the office and resigned later that year. [2]: 63–64 [5] In 2005, Kaphan founded the Kaphan Foundation, a non-profit organization which primarily funds grants for left-of-center leaning causes, and serves as its president. [6]
In 1994, Jeff Bezos founded Amazon in his garage in Seattle. On Jan. 12, he celebrated his 57th birthday as one of the richest people in the world with a personal fortune estimated at more than ...
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: