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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
AWS, Yotta to support govt apps and services during peak demand with hybrid ‘Outposts’
February 18, 2026 8:59 am
Speaking at an AWS Symposium on the sidelines of the AI Summit in New Delhi, Minister of State for IT Jitin Prasada said that India will ensure that everyone reaps the benefits of AI by democratising access to compute.
After Microsoft, Amazon plans to launch new content marketplace for AI training: Report
February 11, 2026 1:20 pm
For tech companies, a marketplace for licensed content could serve as a reliable source of AI training data amid the wave of copyright infringement lawsuits.
Amazon ordered to pay Rs 15,000 to Sangrur man over 11-gram seed delivery: Here’s why
February 05, 2026 4:24 pm
The complainant alleged that he received vegetable seeds far less than what was ordered online from Amazon.
Amazon plans to use AI to speed up TV and film production
February 05, 2026 9:40 am
Amazon is leaning on its cloud computing division, Amazon Web Services, for help and plans to work with multiple large language model providers to give creators a wider array of options for pre- and post-production filmmaking.
Amazon and Google eat into Nvidia’s AI chip supremacy
February 01, 2026 9:48 am
In 2025, Amazon’s revenue from its AI chip, Trainium, reached “multiple billions,” the company’s CEO, Andy Jassy, said in a recent earnings call with investors.
22,000 layoffs hit tech in January 2026, driven by cuts at Amazon, Meta and Ericsson
February 05, 2026 9:05 pm
Thousands of tech workers were laid off in January 2026 as companies including Amazon, Meta, and Ericsson cut jobs at the start of the year, continuing a multi-year pattern of restructuring across the industry.
Amazon in talks to invest as much as $50 billion in OpenAI, source says
January 30, 2026 9:52 am
Investing up to $50 billion could make Amazon the biggest contributor to the AI company's ongoing fundraising round.
Tech layoffs in January 2026: From Amazon to Pinterest, list of companies cutting jobs
January 31, 2026 9:44 am
Here is a list of tech companies that have announced job cuts in 2026 so far, along with the reasons they have cited.
Amazon to cut 16,000 corporate roles in its biggest layoffs since 2023
January 29, 2026 9:05 am
Beth Galetti, senior VP of People and Experience, said that the reductions will impact about 16,000 employees across Amazon and that the company is working towards supporting everyone.
Amazon bungles Wednesday layoff plan with misfired internal email
January 28, 2026 9:18 am
The size of the cuts to be announced on Wednesday remained unclear. The full 30,000 jobs flagged in October would represent a small portion of Amazon's 1.58 million employees, but nearly 10% of the firm's corporate workforce.
AMAZON PHOTOS
Amazon workers strike at seven US facilities during holiday rush
December 20, 2024 1:35 am
The strike, organized by the Teamsters union, is being called the largest-ever against Amazon.
Bolsonaro vs Lula: Fate of Amazon rainforest hinges on Brazil's presidential poll
October 29, 2022 3:12 pm
Brazil's presidential election on Sunday may determine the fate of the Amazon jungle, the world's largest rainforest, after deforestation soared in the past four years under President Jair Bolsonaro.
In pictures: The craziest Holi toys and products you can buy online this year
March 17, 2021 3:57 pm
This Holi, make some interesting additions to your collection. Here is a list of must-haves!
Jeff Bezos' phone hacked via a WhatsApp message: Here's what exactly happened
January 23, 2020 3:39 pm
The forensic report of Amazon CEO Jeff Bezos' phone hacking from 2018 has been made public by the UN. It shows how Saudi Crown Prince Mohammad Bin Salman got Bezos' iPhone hacked via a malicious video file.
Apple iPhone XR to Vivo Z1 Pro, best deals on smartphone at Flipkart, Amazon sale
January 20, 2020 6:18 pm
Both the Flipkart Republic Day Sale and Amazon Great Indian Sale are active for the users until January 22, 2020, where users can avail smartphones on discounted prices.
Akshay Kumar announces his digital debut in grand fashion
March 08, 2019 7:40 am
Bollywood actor Akshay Kumar hops on to the digital bandwagon with an Amazon Prime Video series
Reach Allure Secure with 5-inch display, fingerprint sensor: Price, features and specs
December 09, 2017 11:21 am
Reach had announced the Allure Secure in October, with powerful camera enhancements on this entry-level smartphone.
OnePlus 3 launch tomorrow: Here's all you need to know
June 13, 2016 3:03 pm
Amazon and OnePlus have announced a contest on the e-commerce platform’s app, where lucky winners can win the new OnePlus 3.
OnePlus sells 30,000 units of Loop VR; OnePlus 3 India launch scheduled for June 15
June 07, 2016 6:31 pm
OnePlus Loop VR will go on sale on Amazon app at 12 pm today. The VR headset will be available for Re 1.
Amazon Mega Mobile Sale op smartphone deals: Nexus 6P, Moto G Turbo and more
March 29, 2016 2:49 pm
Amazon India is hosting the 'Mega Mobile Sale' with a slew of discounts on several smartphones including Nexus 6P. here are the best deals.
AMAZON VIDEOS
Amazon Echo Input review: Now turn any old speaker smart
June 22, 2020 6:04 pm
With the Amazon Echo Input, you can turn any old speaker you have into an Alexa speaker. At Rs 2,999, it doesn't cost much and gets the job done. Here is our detailed review of Amazon Echo Input.
All you need to know about Amazon's new home, Long Island city
June 22, 2020 6:11 pm
Amazon officially announced that it will put a major corporate outpost in the New York neighborhood of Long Island City. Here is what the Queens enclave has to offer the tech giant.
Why Amazon CEO Jeff Bezos wore pajamas to board meeting
June 22, 2020 6:16 pm
Amazon’s Jeff Bezos wore pajamas to a meeting. But it was no casual wear Wednesday at work. In an instagram post he said that it was to raise awareness about childhood cancer, the second leading cause of death in the US between kids aged 4 and 14.
The net worth of the richest man in modern history: News in Numbers
June 22, 2020 6:21 pm
The net worth of Jeff Bezos, the man who founded Amazon in 1994, crossed $150 billion. Take a look in today’s #NewsInNumbers. See more: https://bit.ly/2M2t86i
