Amazon began as an online bookstore in 1994. Jeff Bezos founded the company from his garage in Bellevue, Washington.
Today, Amazon operates in over 20 countries and serves hundreds of millions of customers. The company employs more than 1.5 million people worldwide.
Headquartered in Seattle, Washington, Amazon trades publicly on NASDAQ and ranks among the world's most valuable companies.
About Amazon
Sector
Technology
Industry
E-commerce, Cloud Computing
CEO
Andy Jassy
Website
amazon.com
Headquarters
Seattle, WA
Founded
July 5, 1994
Status
Public (NASDAQ: AMZN)
Amazon Founders
Jeff Bezos
Founder & Executive Chairman
Amazon History
1994
Jeff Bezos incorporates Amazon as an online bookstore, operating from his garage in Bellevue, Washington.
1997
Amazon goes public on NASDAQ at $18 per share, raising $54 million in its initial public offering.
2005
Amazon launches Prime membership program, offering free two-day shipping for an annual fee of $79.
2006
Amazon Web Services (AWS) launches publicly, introducing cloud computing services that would become the company's profit engine.
2017
Amazon acquires Whole Foods Market for $13.7 billion, marking its largest acquisition and entry into physical grocery retail.
FAQs
Who owns Amazon?
Amazon is a publicly traded company. Jeff Bezos remains the largest individual shareholder with approximately 9% ownership. Institutional investors like Vanguard and BlackRock hold substantial stakes.
When did Amazon come out?
Amazon launched on July 16, 1995, as an online bookstore. Jeff Bezos had incorporated the company on July 5, 1994, in Washington state.
Is Amazon an American company?
Yes, Amazon is an American multinational corporation. The company is headquartered in Seattle, Washington, and incorporated in Delaware. It operates in over 20 countries globally.
Who made Amazon logo?
Turner Duckworth designed the current Amazon logo in 2000. The arrow pointing from A to Z represents the company's wide product selection and also forms a smile.