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Amazon.com, Inc., is an American electronic commerce and cloud computing company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1] The funds gained from the IPO allowed Amazon to ...
History of Amazon. Jeff Bezos, who founded Amazon in his Bellevue, Washington garage in 1994. Amazon is an American multinational technology company which focuses on e-commerce, cloud computing, and digital streaming. It has been referred to as "one of the most influential economic and cultural forces in the world", [1] and is one of the world ...
Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]
In an effort to make it more accessible to more investors, Amazon stock underwent a 20-for-1 split in June of 2022. All told, one share of Amazon purchased right at its IPO would be 240 shares ...
The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new ...
Mark Bezos (half-brother) [ 1 ] Signature. Jeffrey Preston Bezos (/ ˈbeɪzoʊs / BAY-zohss; [ 2 ] né Jorgensen; born January 12, 1964) is an American business magnate best known as the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and cloud computing company. He is the second wealthiest ...
2004. November 9. Customer outreach. The Amazon Web Services blog is launched, with a first blog post by Jeff Barr. [9][10] At the time, the name Amazon Web Services refers to a collection of APIs and tools to access the Amazon.com catalog, rather than the Infrastructure as a Service it would eventually become. [10][11][12][13] 2005.
Netflix initiates initial public offering (IPO), selling 5.5 million shares of common stock at the price of US$15.00 per share. It brings in $82.5 million. [7] 2003: April: Growth: Netflix announces that it reaches 1 million subscribers. [8] 2004: August 11: Competition