Amazon (company)
Some of the key events about Amazon (company)
- 1995Launched as an online bookstore, revolutionizing e-commerce
- 1999Introduced "1-Click" ordering, streamlining the online shopping process
- 1999Patented the "1-Click" ordering system, criticized for stifling e-commerce innovation
- 2000Implemented dynamic pricing, leading to accusations of price discrimination
- 2002Launched Amazon Web Services (AWS), providing cloud computing services
- 2005Introduced Amazon Prime, offering free two-day shipping for members
- 2007Released the first Kindle e-reader, transforming digital book consumption
- 2008Removed sales rankings for LGBTQ+ books, sparking controversy over censorship
- 2009Acquired Zappos for $1.2 billion, expanding into online shoe and clothing retail
- 2011Poor working conditions in warehouses exposed, including extreme heat and productivity pressures
- 2014Introduced Amazon Echo with Alexa, pioneering voice-activated smart home technology
- 2014Engaged in a dispute with publisher Hachette, delaying book shipments and removing pre-order buttons
- 2015New York Times exposé revealed harsh corporate culture and management practices
- 2017Acquired Whole Foods Market for $13.7 billion, entering the grocery industry
- 2017Announced search for second headquarters, criticized for creating a "bidding war" among cities
- 2018Became the second U.S. company to reach a $1 trillion market capitalization
- 2018Faced scrutiny for low wages and reliance on government subsidies for employee benefits
- 2019Canceled plans for New York City headquarters after local opposition to tax incentives
- 2020Pledged to be net-zero carbon across its business by 2040
- 2020Fired employees who spoke out about warehouse safety concerns during the COVID-19 pandemic
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
Amazon (company) Latest news
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