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Amazon's Story: From Online Bookstore to a Major Tech Giant

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If you are an investor, chances are you've heard of Amazon (AMZN) - Get Inc. Report  ... and even if you haven't jumped on the bandwagon of investing in the Amazon stock, well, then you're probably at least familiar with the name or at one point may have shopped on to find that book you've always wanted to read or to buy that cool espresso maker you just couldn't live without.

Yup. That's right.

Amazon, which once started out as just an online bookstore, now offers way more than just books. From clothing to electronics like Amazon's Alexa, Amazon has become not only the most valuable public company in the world but also one of the world's largest online retailers.

Curious to find out more about how it actually landed these notorious titles?

Here are a few highlights from its history:

  • 1994 - Jeff Bezos leaves D. E. Shaw & Co. to work on a business plan for an online bookstore.
  • 1998- Amazon announces that it will move beyond books.
  • 2017- Amazon acquires Whole Foods, a high-end supermarket chain with over 400 stores, for $13.4 billion.

There's plenty more to learn, just watch the video above to take a trip down Amazon's memory lane.

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