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Amazon

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 ...

Amazon Overview

Image Source : Wikipedia
  • 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

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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

'Worked nonstop for 17 years, never took a break': Laid off Amazon techie's post sparks debate

November 04, 2025 2:25 pm

The Amazon techie shared how years of nonstop hustle had distanced him from the simple joys of life.

OpenAI, Amazon strike $38 billion agreement for ChatGPT maker to use AWS

November 03, 2025 8:36 pm

Sam Altman, CEO of OpenAI said the company is committed to spending $1.4 trillion to develop 30 gigawatts of computing resources.

Amazon shares soar as AI boom fuels stellar growth in AWS cloud unit

November 01, 2025 10:28 am

Amazon shares had risen just 1.6% so far this year due to market share worries and a lack of solid AI updates, making the company the worst performer in the "Magnificent Seven" group of tech giants.

Amazon’s Profit Is Up 38% on Strong Performance

October 31, 2025 9:21 am

Amazon reported that the growth of its cloud division, Amazon Web Services, had picked up speed, with sales of $33 billion, up 20% from a year earlier.

‘He boarded his flight, excited to be back’: Amazon’s biggest layoffs with early-morning messages leave employees distressed

October 30, 2025 2:00 pm

The cuts follow Amazon’s recent announcement that it would eliminate roughly 14,000 corporate positions as part of a sweeping restructuring.

Big tech’s layoff spree: Amazon, UPS, Intel slash tens of thousands of jobs in just a week

October 30, 2025 9:01 am

Amazon layoffs 2025, Big tech job cuts: Let’s take a look at the recent outbreak of layoffs from big tech, major corporations, startups, and others.

Amazon lays off 14,000 corporate employees as ‘AI’ continues to take whitecollar jobs

October 29, 2025 10:04 am

The layoffs are said to be the largest corporate job cuts in Amazon’s history, with earlier reports stating that the total number of layoffs could reach as high as 30,000.

Amazon to cut 30,000 corporate jobs in largest-ever layoffs: Here’s what to know

October 30, 2025 9:12 am

Amazon is preparing to lay off 30,000 employees in what could be the biggest corporate downsizing in its history. The move reflects a broader industry trend of AI-driven restructuring and cost-cutting.

Amazon targets as many as 30,000 corporate job cuts, sources say

October 28, 2025 12:48 am

The figure represents a small percentage of Amazon's 1.55 million total employees, but nearly 10% of the company's roughly 350,000 corporate employees.

iPhone 16 under Rs 50,000, iPhone 15 under Rs 45,000: How to get the best deal on Amazon

October 25, 2025 1:31 pm

Phone festive discount, best iPhone deals 2025: Flat discounts, cashback offers, and generous exchange bonuses on Amazon make the iPhone 16 and iPhone 15 pocket-friendly.

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