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Amazon.com, Inc., is an American electronic commerce and cloud computing company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1] The funds gained from the IPO allowed Amazon to ...
Last week, the company reported quarterly revenue of almost $140 billion. Let’s start with its cloud business (AWS), which generated top line of $17 billion, up 40% year over year in Q4 2021 ...
Amazon’s investor relations page offers past press releases and other information for current and potential investors. For more history on the world’s largest companies, check out the history ...
Amazon invested a further $2.75 billion in growing AI power Anthropic on Wednesday, following through on the option it left open last September. The $1.25 billion it invested at the time must be ...
Image Credits: Amazon. Amazon has closed its $8.5 billion acquisition of MGM, the company announced on Thursday. The completion of the transaction will see more than 4,000 films and 17,000 TV ...
Net sales rose 13% from the same period last year to $143.3 billion, Amazon reported late Tuesday, topping analyst expectations of $142.6 billion, per Bloomberg data. The beat was driven by a 16% ...
Amazon websites are country-specific (for example, amazon.com for the US and amazon.co.uk for UK) though some offer international shipping. Visits to amazon.com grew from 615 million annual visitors in 2008, to more than 2 billion per month in 2022. The e-commerce platform is the 14th most visited website in the world.
In the company’s latest earnings release, Amazon reported that it has made more profit in the past 12 months than it has in the previous three years. From April 2020 to March 31st 2021, Amazon ...