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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 workers in India join Black Friday strike action for better wages and working conditions
November 29, 2024 9:36 pm
About 200 warehouse workers and delivery drivers rallied in the capital, New Delhi, under a ``Make Amazon Pay” banner.
‘Makerspace lab aims to make students future-ready with AI and robotics’: Amazon’s Akshay Kashyap
November 30, 2024 2:18 pm
Amazon’s new Makerspace lab in Bengaluru aims to train over 4,000 young innovators by 2025.
Amazon develops video AI model
November 28, 2024 9:06 am
Amazon is developing a new generative AI model, Olympus, capable of processing images, videos, and text.
‘When Alexa meet Alexa’: Viral video shows voice artist rumoured to be behind Amazon assistant confusing the AI
November 23, 2024 11:09 am
Whether or not Susan Caplin is the voice artist behind Amazon's Alexa has not been confirmed officially by the company.
Amazon doubles down on AI startup Anthropic with another $4 bln
November 23, 2024 8:51 am
This doubles Amazon's investment in the firm known for its GenAI chatbot Claude, but it remains a minority investor.
Amazon likely to face investigation under EU tech rules next year
November 22, 2024 10:20 am
The DMA prohibits Amazon and other Big Tech companies from giving preference to their products and services on their platforms, among other requirements.
Amazon unveils Echo Show 21, a smart display with a huge 21-inch screen
November 23, 2024 10:08 am
The newly launched Echo Show 21 features better speakers and camera and comes with a huge 21-inch screen and voice enabled Alexa remote.
Turkey fines Amazon's Twitch 2 million lira for data breach
November 18, 2024 11:44 am
KVKK launched an investigation after a 125 GB data leak. It found that Twitch had failed to take adequate security measures beforehand, addressing the issue only afterward.
Amazon announces Black Friday Week sale dates: Here's what you need to know
November 15, 2024 9:27 am
Amazon has announced that its Black Friday Week sale will start from November 21 and last till November 29.
ED shortlists 5 sellers each on Amazon, Flipkart for probe, flags unfair practices
November 14, 2024 7:12 am
Officials said ED is probing financial links between the vendors and the companies. The agency suspects this link goes beyond that of a platform and vendor.
