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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
‘Reliability, speed, and great return experience are why customers trust Amazon’: Akshay Sahi on Prime Day’s growth in India
July 17, 2024 9:23 am
Ahead of Prime Day 2024, Amazon’s Akshay Sahi explains what’s different this year and how Amazon is reaching the remote corners of the country.
Amazon Prime Day 2024: Your guide to best deals and discounts
July 16, 2024 8:08 am
The Amazon Prime Day 2024 annual sale goes live at 12am on July 20 and will continue for the next 24 hours.
Amazon announces incremental AI refinements to fend off rivals
July 11, 2024 8:56 am
Key updates include enhanced memory for AI agents to automate tasks, improved code suggestions in Q chatbot, and enhanced hallucination detection in Bedrock service.
Amazon to wind down its Astro for Business security robot
July 04, 2024 8:21 am
Amazon is discontinuing its Astro for Business security robot to focus on household robots. The robot, initially launched for homes in 2021, was designed for tasks like monitoring, routines, and entertainment.
Amazon to host Prime Day sale from July 20 to July 21: Here's what we know so far
July 03, 2024 8:25 am
As part of the Amazon Prime Day 2024 sale, Prime members can avail discounts on various products from brands across categories like mobile phones, kitchen appliances, and more.
‘No way out of this place’: Life as an Amazon warehouse worker
June 29, 2024 10:43 pm
The 24-year-old has been working at an Amazon warehouse for four years. It’s hectic, taxing and barely pays enough to make ends meet
Amazon hits $2 trillion in valuation on AI fervor, rate cut bets
June 27, 2024 8:24 am
Amazon hit $2 trillion in market value, joining tech giants Microsoft, Apple, Nvidia, and Alphabet.
Row over workers made to take pledge: Amazon admits lapse, tells govt action taken against staff
June 27, 2024 3:38 am
On June 14, The Indian Express reported that on May 16, a group of employees was made to take an oath that they would not take toilet and water breaks until their target was met.
Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
June 22, 2024 6:23 pm
Amazon is also aiming to supercharge the home automation offered through Alexa
So long plastic air pillows: Amazon shifting to recycled paper filling for packages in North America
June 21, 2024 1:42 am
The company said Thursday that it's already replaced 95% of the plastic air pillows with paper filler in North America and is working toward complete removal by year's end.
