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Amazon.com, Inc., is an American electronic commerce and cloud computing company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1] The funds gained from the IPO allowed Amazon to ...
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On July 22, 2009, Amazon announced that it would buy Zappos for $940 million in a stock and cash deal. [19] [20] [21] Owners of shares of Zappos were set to receive approximately 10 million Amazon.com shares, and employees would receive a separate $40 million in cash and restricted stock units. [21]
Two of the top ten rivers by discharge are tributaries of the Amazon river. The Amazon represents 20% of the global riverine discharge into oceans. [26] The Amazon basin is the largest drainage basin in the world, with an area of approximately 7,000,000 km 2 (2,700,000 sq mi). [3]
In 2022, about 20% of the Amazon rainforest has already been deforested and a further 6% was "highly degraded". [65] Research suggests that upon reaching about 20–25% (hence 0–5% more), the tipping point to flip it into a non-forest ecosystem – degraded savannah – (in eastern, southern and central Amazonia) will be reached.
Amazon purchased $200 million of stock in the IPO, raising its total stake in Rivian to 22%. [147] Previously, in October 2021, Amazon stated that it owned a 20% stake in the company. [148] The stock peaked at a closing price of $146.07 on November 13, 2021. [149]
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