Early Days of Amazon
Amazon was founded in 1994 by Jeff Bezos in Bellevue, Washington. Initially, the company focused on selling books online, but Bezos had bigger plans for his new venture.
In July 1995, Amazon launched its website and began selling books online. The company's early success was fueled by its customer-centric approach and fast shipping.
- 1997: Amazon went public and raised $54 million in its initial public offering (IPO).
- 1998: Amazon expanded its product offerings to include CDs, videos, and software.
- 2002: Amazon acquired Zappos, an online shoe and clothing retailer.
Today, Amazon is one of the world's largest and most successful companies, with a market value of over $1 trillion.
Key Milestones in Amazon's History
- 1994: Amazon was founded by Jeff Bezos.
- 1995: Amazon launched its website and began selling books online.
- 1997: Amazon went public.
- 1998: Amazon expanded its product offerings.
- 2002: Amazon acquired Zappos.