Amazon is one the biggest companies in the world. It is often referred to as a part of the Big Five group of companies (along with Alphabet, Apple, Meta and Microsoft). Amazon Inc. was founded on 5 July 1994, by Jeff Bezos in Bellevue, Washington, USA. Today Amazon is world’s largest online-retailer company selling everything. This has earned the company the reputation of “The Everything Store”.
Interesting Facts about Amazon
- Originally, Amazon was launched as an online bookstore.
- Amazon went public in May 1997
- In 1999, Amazon patented the 1-Click trademark. This patent expired in the United States on 11 September 2017. Amazon has not renewed it yet.
- In February 2020, Amazon became the 4th US company to reach $1 trillion mark.
- In June 2024, after 1,104 trading days in the share market, Amazon added the second trillion dollars to its market cap.