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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 likely to cut 15% jobs in new round of AI-driven layoffs: Report
October 16, 2025 7:57 am
The latest round of job cuts at Amazon comes amid a deteriorating job market, especially for those in the tech sector.
Jeff Bezos urges young founders to get college degrees, work before starting a company: ‘My 10 years of experience improved the odds of Amazon’
October 11, 2025 12:15 pm
Bezos himself was 30 when he founded Amazon. After graduating from Princeton University in 1986, with a degree in electrical engineering and computer science, he first worked debugging code at Fitel.
Who is Rahul Patil, the former Stripe exec chosen as Anthropic’s new CTO?
October 07, 2025 10:34 am
The new CTO hire comes at a time when Anthropic faces pressure to optimise its infrastructure in order to meet growing demand.
Amazon founder Jeff Bezos says 'AI bubble' is real but its impact on society will be ‘gigantic’
October 09, 2025 8:40 am
Big Tech is spending billions of dollars on advanced artificial intelligence chips and data centers, driven by the belief that they are all competing in the AI race.
Amazon loses devices VP and member of elite CEO advisory just days after launches
October 04, 2025 10:24 am
He attended Amazon's devices event on Tuesday in New York where the firm showed off an array of new products like refreshed Echo voice assistant speakers, color Kindle e-readers and Fire TV sets with improved screen quality.
Amazon announces Vega OS, a new operating system for Fire TVs
October 04, 2025 10:55 am
Amazon is finally switching from Fire OS, its Android based operating system to its in-house developed Linux based Vega OS.
Amazon refreshes device lineup to integrate new AI-powered Alexa+
October 02, 2025 8:33 am
Amazon is trying to drive interest in the new Alexa, after investing billions of dollars and years updating it with AI for better personalization and a more conversational tone,
Amazon to pay $2.5 billion to settle Prime deception allegations
September 26, 2025 5:12 am
Of that, $1.5 billion will go into a fund to repay eligible Prime subscribers and Amazon will not admit wrongdoing as part of the settlement, the FTC said.
Amazon Great Indian Festival 2025: iPhone 15, Galaxy S24 Ultra, and more at huge discounts
September 23, 2025 9:53 am
Amazon’s Indian Festival 2025 is offering massive discounts across smartphones, laptops, TVs, and home appliances.
As Trump raises H-1B fees, Amazon, Google, and Microsoft press employees to return to US
September 23, 2025 9:56 am
White House Press Secretary Karoline Leavitt reassured anxious employees and businesses that they could continue travelling normally and would not be charged $100,000.
