Amazon became a trillion-dollar company in 2018 while operating one of the world’s largest online retail businesses.
Amazon crossed a $1 trillion market capitalization on September 4, 2018, shortly after Apple reached the same milestone. The valuation reflected investor expectations for continued growth in online shopping, cloud computing, advertising, and subscription services.
Amazon began as an online bookstore founded by Jeff Bezos in 1994. Its Amazon Web Services division later became a major cloud infrastructure provider, giving the company a second powerful growth engine alongside retail. The business also expanded into logistics, entertainment, devices, and groceries.
The phrase “largest online retailer” can vary depending on whether rankings measure gross merchandise volume, sales, or market capitalization. The trillion-dollar fact refers specifically to Amazon’s stock-market value.