After a few months, he changed the name to, Inc, because a lawyer misheard its original name as "cadaver". On July 5, 1994, Bezos initially incorporated the company in Washington state with the name Cadabra, Inc. Shaw & Co., a Wall Street firm, and moved to Seattle, Washington, where he began to work on a business plan for what would become. In 1994, Bezos left his job as a vice president at D. The company was created as a result of what Jeff Bezos called his "regret minimization framework" – to avoid regretting, in his old age, not having tried to participate in the emerging internet with his own startup.
Its other subsidiaries include Ring, Twitch, IMDb, MGM Holdings and Whole Foods Market. It has multiple subsidiaries including Amazon Web Services (cloud computing), Zoox ( autonomous vehicles), Kuiper Systems (satellite Internet), Amazon Lab126 (computer hardware R&D). Initially an online marketplace for books, it has expanded into a multitude of product categories: a strategy that has earned it the moniker The Everything Store. Īmazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5, 1994. It has been referred to as "one of the most influential economic and cultural forces in the world", and is one of the world's most valuable brands. is an American multinational technology company which focuses on e-commerce, cloud computing, and digital streaming.
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