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Founded

Amazon.com was founded on July 16, 1995 by Jeff Bezos and was called Cadabra in the beginning. the nature of the company was that of a basic online bookstore. However the visionary Bezos saw the potential and features of the web, and while large brick and mortar bookstores offered 200,000 books, online bookstores were able to offer more than 200,000 books to choose from to their readers.

Bezos reopened Cadabra in July 1995 after renaming it after the Amazon River, which harbors the widest variety of life on Earth. Originally registered in the state of Washington in 1994, the company switched to the state of Delaware by 1996, and by May 15, 1997, the stock was listed.

The ticker symbol is AMZN, and one share is $18 (as of the market close on October 12, 2012, the share price was $242.36).

Extended Information

Status

On May 21, 2018, the 2018 Fortune 500 U.S. list was released, with Amazon ranked eighth.

On May 29, 2018, the 2018 BrandZ Top 100 Most Valuable Brands in the World was released, and Amazon was ranked 3rd.

On June 20, 2018, Amazon's official website launched the Amazon Global Collections service on. This service does not require a foreign bank card or third-party account, and sellers can receive global payments in their local currency and have them deposited directly into the seller's domestic bank account.

On September 4, 2018, Amazon's stock price once exceeded $2,050.50, making it the second U.S. company to break the trillion-dollar market capitalization after Apple

China Warehousing

Amazon China boasts one of the industry's largest and most advanced operational networks, with 15 operational centers currently located in Beijing (2), Suzhou (2), Guangzhou ( 2), Chengdu (2), Wuhan, Shenyang, Xi'an, Xiamen, Shanghai, Tianjin, Harbin and Nanning, with a total operating area of over 700,000 square meters.

It is mainly responsible for vendor receiving, warehousing, inventory management, order shipment, transfer shipment, customer returns, return to factory, product quality and safety. At the same time, Amazon China also has its own distribution team and customer service center to provide consumers with convenient delivery and after-sales service.

Baidu Encyclopedia-Amazon (online e-commerce company)