Amazon.com, Inc. is a US e-commerce Company, headquartered in Seattle, Washington. It is the largest Internet company in the world. Time Magazine named Jeff Bezos, founder of the company, 1999 Man of the Year, in recognition of Amazon’s success in popularizing e-commerce.
Founded under the name Cadabra.com by Jeff Bezos on July 5, 1994 and launched in 1995, Amazon.com began as an online bookstore, but soon expanded the range of products sold to DVDs, music CDs, software, video games, electronic products, comics, clothing, furniture, food, toys and more to diversify its businesses. He then created other sites in Canada, the United Kingdom, Germany, Australia, France, Italy, Spain, China, Brazil, Mexico, Japan, the Netherlands and India and ships its products all over the world. It entered the stock market on May 15, 1997, on the NASDAQ under the symbol AMZN with an initial price of $ 18.00 per share. On April 30, 2020, in the middle of the COVID-19 crisis, it reached a record price of $ 2 474.