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Amazon Creation and Expansion
Amazon starts as an online book store and becomes a competitor for Barnes and Noble, they start selling CDs and movies four years later. -
The Internet Movie Data Base
Amazon acquires the Internet Movie Database, a database for movie information on the internet. -
Cloud Computing and the Kindle
Amazon becomes an early player in Cloud computing, giving them advantages on internet infrastructure. They come out with the Kindle and ebooks become more well sold than paper books. -
Launch of Amazon Prime
Amazon announces Amazon Prime, which allows members to gain free two day shipping for an annual fee of $79 USD. -
Amazon e-books Outnumber Paperback
Amazon announces that sales on Kindle and e-books have surpassed sales on paper books for the first time. -
Amazon Music and Video
Amazon launches the streaming services Amazon Music and Amazon Video. They surpass Walmart in market capitalization. -
Amazon App Store for Android
Amazon launches the Amazon App Store, which becomes a service available in over 200 countries. -
Amazon Acquires GoodReads
Amazon buys GoodReads, a social reading and book review app, for $150 million USD. -
Amazon Echo and Alexa
Amazon announces the Amazon Echo speaker and voice controlled device, the Alexa Voice series is later added to their devices. -
Amazon Acquires Twitch
Amazon announces their intention to acquire the video game streaming service Twitch for $970 million USD. -
First Amazon Prime Air Delivery
Amazon announces the first successful Amazon Air Delivery, a service that delivers packages by drones. -
Amazon Acquires Whole Foods
Amazon acquires Whole Foods for $13.4 billion USD. This is considered a large change in food delivery services. -
Amazon Fills Job Vacancies
Amazon launches job fairs across the U.S. that offer both full time and part time jobs to those who show up. Over 50,000 people are recruited. -
Jeff Bezos is Named the Wealthiest Man
Jeff Bezos is named as the worlds wealthiest man with a net worth of over $112 billion USD, becoming a centi-billionire. -
Corona Virus Raises Amazons Stocks
With the Covid pandemic raging, Amazon’s market has skyrocketed as the need for online shopping and delivery increases.
