Amazon.com originally incorporated in July 1994 as an online book store, selling its first book in July 1995. The company had a global scope from the beginning, fulfilling orders from all 50 states and 45 countries in its first month of business.Continue Reading
The company's first IPO occurred in May 1997, when the stock began trading on NASDAQ as AMZN. Amazon.com launched 1-Click Shopping in September 1997, offering unprecedented convenience for online shoppers. The company began to diversify itself in 1998 by acquiring the Internet Movie Database in April, opening a music store in June, launching international websites in both Germany and the United Kingdom in October, and selling DVDs and videos for the first time in November. This trend continued in 1999, as the company began selling consumer electronics, toys and games, home improvement supplies and video games. The selection expanded as the company continued to grow.
In 2007, Amazon introduced the first Kindle, an electronic device that allows electronic reading of books, magazines, newspapers and any other printed media. The device launched a new chapter in Amazon.com's history, placing the company firmly in the technological sector as well as the retailer's original space.Learn more about Corporations