DID YOU KNOW?
Amazon, the e-commerce giant started in a garage in Bellvue, Washington? It started in 1994 with funding from Nick Hanauer followed by Tom Alburg. The company went public in 1997 with an IPO that was targeting $18. By end of the day though, the share price was at $24 resulting in a $54 million in funds. The same year, Amazon also added movies and music to its offerings. By 2009, the company had fulfillment centers in 12 states and 8 countries. The company has reportedly made $6.7 billion in the 4th quarter of 2008. Its headquarters are in Seattle, Washington now. It also employs more than 21, 000 employees worldwide.
Today, the company's reach and popularity span the entire globe. Amazon is the preferred e-commerce site for most buyers but it does not stop there. Amazon Alexa is a thing and it's quite robust and even rivals the likes of Siri and Google Assistant. The company has also been building up a strong online streaming service over the years. This is in the form of Amazon Prime Video. Today, it has become one of the most popular and most used streaming sites on the web. It has also been making Amazon Prime Original series the past few years. This has proven to be the right move for the service and has resulted in increased popularity and users.