English, asked by Anonymous, 11 months ago

previous name of Amazon company

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Answered by NeverMind11
5

Answer:

Amazon was founded in 1994 by Jeffrey P. Bezos. Jeff Bezos incorporated the company (as Cadabra) in July 1994. The name Amazon was founded soon after because the Amazon River is the largest in the world, and the letter “A” would help the company to show up at the top of alphabetical lists. and the site went online as Amazon.com in 1995. The name Amazon was founded soon after because the Amazon River is the largest in the world, and the letter “A” would help the company to show up at the top of alphabetical lists. The one thing that made them famous was their books.Their first profit was reached in the last quarter of 2001.The logo itself is the company name. Amazon, with an arrow below, pointing from A to Z, representing that they could provide every product in the alphabet and also customer satisfaction, as it forms a smile. Amazons headquarters is in Seattle Washington United States. A major provider of cloud computing services.

Amazons stock was opened to the public in 1997 under the Nasdaq symbol AMZN at the price of $18.00 per share. The stock prices over the past 10 years have increased from around $20 a share to nearly $170 per share.The last great climb in stock prices began in 2008 and the company has managed to stay on top. Amazon's goal for the stock price is $400. The progress has gradually continued steadily over the years and there is no sign that this company’s growth will stop anytime soon. One thing that is the similar between the Amazon of today and the Amazon of 20 years ago is that there are still many problems.

Answered by abhi200144
4

Answer:

On July 5, 1994, Bezos initially incorporated the company in Washington State with the name Cadabra Inc. He later changed the name to Amazon com, Inc. a few months later, after a lawyer misheard its original name as "cadaver".

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