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Amazon

Amazon: From Online Bookstore to Global Tech Giant Founded in 1994 by Jeff Bezos, Amazon initially operated as an online bookstore. Its rapid expansion led to its current status as a multinational technology behemoth, encompassing e-commerce, cloud computing (AWS), digital streaming, and artificial ...

Amazon Overview

Image Source : Wikipedia
  • Company type Public
  • Industry Conglomerate
  • Founded 1995
  • Founders Jeff Bezos
  • Headquarters Seattle, Washington and Arlington, Virginia, U.S.
  • Area served Worldwide
  • Key people Jeff Bezos (Executive Chairman), Andy Jassy (President and CEO)
  • Services Amazon.com, Amazon Alexa, Amazon Appstore, Amazon Clinic, Amazon Luna, Amazon Music, Amazon Pay, Amazon Prime, Amazon Prime Video, Amazon MGM Studios, Amazon Robotics, Amazon Web Services, MGM+, One Medical, Ring, Twitch
  • Revenue US$637.9 billion (2024)
  • Net income US$59.25 billion (2024)
  • Number of employees 1,556,000 (2024)
  • Parent Amazon Inc.
  • Subsidiaries A9.com, AbeBooks, Alexa Internet, Amazon.com, Amazon Air, Amazon Books, Amazon Fresh, Amazon Games, Amazon Lab126, Amazon Logistics, Amazon Pharmacy, Amazon Publishing, Amazon Robotics, Amazon MGM Studios, AWS, Audible, Blink, Body Labs, Book Depository, Brilliance Audio, ComiXology, Eero LLC, Goodreads, Graphiq, IMDb, Kuiper Systems, PillPack, Ring, Souq.com, Twitch Interactive, Whole Foods Market, Woot, Zappos, Zoox
  • Website www.amazon.com

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Amazon history

Last Updated : 28/03/25, 02:55 AM
Amazon: From Online Bookstore to Global Giant Founded in 1994 by Jeff Bezos, Amazon began as an online bookstore in Bellevue, Washington, leveraging the region's tech talent. Initially named Cadabra, it was renamed Amazon and launched publicly in 1995. The company's initial focus on book sales quick...

AMAZON NEWS

Alphabet, Nvidia invest in OpenAI co-founder Sutskever's SSI: Report

April 12, 2025 8:34 am

The twin moves by Alphabet's corporate and cloud division with high-profile AI labs including SSI and Anthropic show the tech giant's evolving AI hardware strategy.

Tech CEOs spent millions courting Trump. It has yet to pay off.

April 09, 2025 1:03 pm

The sweeping tariffs Trump imposed last week will squeeze Apple’s iPhone supply chain and make it much more expensive for Amazon, Meta, Google, and Microsoft to build supercomputers to power AI.

Amazon said to make a bid to buy TikTok in the U.S.

April 03, 2025 8:43 am

The e-commerce giant put in a last-minute offer for the popular video app, according to three people familiar with the talks. TikTok faces a Saturday deadline to change its ownership structure.

Amazon targets April 9 launch of first Kuiper internet satellites

April 03, 2025 8:34 am

Amazon is set to launch the first 27 satellites for its Project Kuiper internet network on April 9, marking the start of its ambitious plan to rival Elon Musk's Starlink.

Amazon bids to buy TikTok as deadline looms: Report

April 02, 2025 11:35 pm

Various parties who have been involved in the talks do not appear to be taking Amazon's bid seriously, the New York Times said.

Amazon, Flipkart found to have violated quality control rules during warehouse raids

March 21, 2025 7:53 am

Last September, an anti-trust investigation found that both companies violated local competition laws.

Amazon Echo users will no longer have option to process Alexa voice recordings on-device

March 18, 2025 8:46 am

While Amazon said Echo users will still have the option to not save their voice commands, certain features of Alexa+ might not work in that case.

Amazon Prime Video tests AI-based dubbing on licensed movies, series

March 06, 2025 8:12 am

Amazon Prime Video is set to introduce AI-powered dubbing in English and Spanish for select licensed movies and series starting Wednesday.

Amazon to launch new AI reasoning model in June this year: Report

March 05, 2025 4:50 pm

Amazon’s upcoming AI model could bring it into closer competition with Anthropic, a startup it has heavily backed.

Anthropic raises $3.5 billion in funds at $61.5 billion value to build next-gen AI models

March 04, 2025 2:49 pm

The Series E round was led by Lightspeed Venture Partners, which contributed $1 billion, according to Anthropic.

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