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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 ...
- 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
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
Amazon and Starbucks workers are on strike. Trump might have something to do with it
December 21, 2024 9:32 am
Both Amazon and Starbucks saw a wave of organizing efforts following the Covid-19 pandemic.
Amazon exits Shoppers Stop; sells 4 pc stake for Rs 276 cr
December 18, 2024 8:39 pm
The shares were offoaded at an average price of Rs 627.60 apiece, taking the transaction value to Rs 275.89 crore.
From Jamal Kudu song to butter chicken recipe: What India asked Alexa in 2024
December 18, 2024 8:40 am
Alexa helped Indian users learn about various trends and topics in 2024, mostly in Hinglish.
Amazon Auto launches in the US; Hyundai cars now available for purchase on the platform
December 11, 2024 4:58 pm
Amazon shoppers in 48 American cities can buy vehicles listed for sale by local Hyundai car dealers directly on the platform.
‘Delivering muscle gainer in place of whey protein’: Chandigarh consumer commission orders Amazon, its seller to refund Rs 11,875
December 08, 2024 9:52 am
Amazon Services Seller and Khandelwal Enterprises were directed to refund Rs 11,875, along with an interest at 9 per cent per annum (simple) from March 10, 2023, till onwards payment and to pay a lump sum amount of Rs 5,000.
AWS pledges $100 million to help students understand AI, literacy and cloud computing
December 05, 2024 3:39 pm
Amazon says it will give $100 million in cloud credits over the next five years, which will act as cash that can be used by recipients to make use of Amazon Web Services' advanced tools.
AWS re:Invent 2024: Swami Sivasubramanian unveils Bedrock Marketplace, SageMaker updates, and Gen AI innovations
December 07, 2024 3:38 pm
The innovations announced aim to enhance scalability, efficiency, and affordability in building and deploying generative AI applications.
Amazon sued for allegedly stopping fast delivery to 2 Black neighborhoods in US
December 04, 2024 11:40 pm
The District of Columbia's attorney general’s office alleged the company never told Prime members in the two zip codes about the change even though they experienced slower deliveries as a result.
WAISL launches AI-powered, integrated command centre for airports
December 03, 2024 1:45 pm
It will act as a central hub of an airport to show passengers real-time updates on flight details, wait times, gate changes, baggage status, duty-free offers, etc.
Amazon fake returns’ scam: Karnataka HC refuses to quash case against duo accused of Rs 69 lakh fraud
November 30, 2024 10:39 am
The Karnataka High Court said that the Amazon fake returns’ scam case was ‘shrouded with seriously disputed questions of facts’ that ‘require a full-blown trial’.
