Introduction
Amazon is one of the world's largest e-commerce companies, but when did it first start operating?
Early Years (1994-1997)
Amazon was founded in 1994 by Jeff Bezos as an online bookstore called Cadabra, Inc. The company's name was later changed to Amazon.com, Inc. in 1995.
- In 1995, Amazon launched its website and started selling books online.
- In 1997, Amazon went public with an initial public offering (IPO) and raised $54 million.
Growth and Expansion (1998-2002)
In the late 1990s and early 2000s, Amazon expanded its product offerings beyond books to include CDs, videos, and software.
- In 1998, Amazon acquired Web payday, a company that provided online payment services.
- In 2000, Amazon launched its 1-Click ordering feature, which allowed customers to quickly purchase products with a single click.
Today
Amazon is now a global e-commerce leader, offering a wide range of products and services, including cloud computing, advertising, and artificial intelligence.