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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
Founded: February 2, 2005; 19 years ago ) ... Amazon started a trial partnership with Audi and DHL in order to deliver directly into the trunks ... England, with free ...
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]
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 ...
In the 2012–13 financial year, Amazon paid £3.2 million in tax on sales of £4.2 billion and received £2.5 million in grants from the government. [139] In the same period, it was revealed that Waterstones paid £11.9 million in tax, despite an operating loss of £25.4 million and sales of £410.4 million. [140] [141]
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]
1616 — Santa Maria do Grão Pará de Belém is founded, marking Portuguese presence as the French, English, and Irish try to colonize the region. 1619 — The settlement of Borja is founded on the banks of the Marañón River, Peru. 1637-39 — Pedro Teixeira leads the first European expedition up the Amazon from Belém to Quito, arriving ...