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The first book sold on Amazon.com was Douglas Hofstadter's Fluid Concepts and ... Key developments at Amazon 1994–1998: Amazon started off as an online bookstore ...
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]
The Amazon Web Services blog is launched, with a first blog post by Jeff Barr. [ 9 ] [ 10 ] At the time, the name Amazon Web Services refers to a collection of APIs and tools to access the Amazon.com catalog, rather than the Infrastructure as a Service it would eventually become.
The first centibillionaire on the Forbes Real Time Billionaires Index and the second ever to have eclipsed the feat since Bill Gates in 1999, Bezos was named the "richest man in modern history" after his net worth increased to $150 billion in July 2018. [7] In August 2020, according to Forbes, he had a net worth exceeding $200 billion. On July ...
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]
Working there from 1994 to 1999, he co-wrote the first Amazon website, wrote the product review system, and contributed to 1-Click. Amazon founder Jeff Bezos described Kaphan as "the most important person ever in the history of Amazon.com," [ 1 ] and Brad Stone wrote in his book about Amazon, The Everything Store , that "Kaphan was an ...
The Boston Computer Exchange and Minitel become among some of the first most notable e-commerce platforms in the world. [1] [3] [4] 1990s–2000s The advent of the World Wide Web opened the door for many new e-commerce services to have a global scope.
In September 2007, AWS announced its annual Start-up Challenge, a contest with prizes worth $100,000 for entrepreneurs and software developers based in the US using AWS services such as S3 and EC2 to build their businesses. [52] The first edition saw participation from Justin.tv, [53] which Amazon would later acquire in 2014. [54]