amazon

  • founded

    Amazon was founded on July 5th, 1994, by Jeff Bezoz,
  • products

    Amazon was first selling books, and it was an online bookstore
  • Name change

    Later, in about a few months, it started selling CD's and all other things, and he also changed the name from Cadabra to Amazon.
  • Went online

    In about one year, in 1994, it was made as an online website.
  • Sold its first book

    Amazon sold its first book in 1995
  • Barnes and Noble sued Amazon

    Barnes and Nobles sued Amazon on May 12, 1997, stating that Amazon's claim to be "the world's largest bookstore" was false because it isn't a bookstore at all, It's a book broker.
  • Walmart sues Amazon

    Walmart sued Amazon on October 16, 1998, alleging that Amazon had stolen Walmart's trade secrets by hiring former Walmart executives. Although this suit was also settled out of court, it caused Amazon to fire those people.
  • logo

    Since June 19, 2000, Amazon's logotype has been a curved arrow, from A to Z, representing that the company carries every product from A to Z, with the arrow shaped like a smile.
  • Amazon's success

    When the dot-com bubble burst at the start of the 21st century and destroyed many e-companies in the process, Amazon survived and became a huge player in online sales. The company finally turned its first profit in the fourth quarter of 2001: $5 million on revenues of more than $1 billion. This profit margin, proved that Bezos' unconventional business model could succeed.
  • Employees

    In 2011, Amazon grew very large and worldwide, and had 30,000 full-time employees in the USA, and by the end of 2016, it had 180,000 employees. The company employs 306,800 people worldwide in full and part-time jobs.