Amazon, one of the world's largest companies by market cap, was founded in 1994 as an online store primarily selling books.
Jeff Bezos established the company as Cadabra, Inc., in July 1994, and it later became Amazon. The website launched in 1995 as an online bookstore, offering a far larger catalog than a typical physical shop could keep on its shelves.
Amazon expanded into music, electronics, clothing, groceries, digital media, devices, and many other categories. Amazon Web Services, launched in 2006, became a major cloud-computing business serving companies, governments, and developers.
The original book focus is sometimes overlooked because Amazon is now a diversified technology and retail corporation. Its market capitalization is influenced by several businesses, including online commerce, cloud services, advertising, subscriptions, and logistics.