August 26: The history of Amazon (part 4 of 5)
As the second decade of the 2000s began, Amazon continued to grow in both revenue and company acquisitions.
Source: CNN and Fact of the Day 1
Published: October 2018 and August 2021
The history of Amazon (part 4 of 5)
As the second decade of the 2000s began, Amazon continued to grow in both revenue and company acquisitions. New product launches were a hallmark of this time period.
Product launches here, there, everywhere
2011: Amazon launches Kindle Fire ($199 compared to the $499 iPad). Amazon Instant Video—now called Prime Video—is included in Amazon Prime memberships.
2012: Amazon Web Services announces Amazon Redshift (data warehouse in the cloud).
2013: Amazon launches its online shopping site in India. Bezos reveals Amazon’s Prime Air drone program.
2014: Amazon Echo is launched and Amazon acquires Twitch (live streaming service). Amazon Prime membership fee raised from $79 to $99.
2015: Amazon surpasses Walmart as the United States’ most valuable retailer (measured by market value). Amazon Books, Amazon’s first physical store, opens. Amazon acquires Annapurna Labs (Israel-based microprocessor chip designer). Amazon launches Prime Day, an annual sales event for Prime members.
2016: Prime Air completes its first drone delivery in the UK.
The Amazon.com home page as of September 2012. Source: Version Museum
Amazon reveals a teaser video for the Prime Air drone program that ran on December 2, 2013 – right before peak holiday shopping season.
Amazon Echo launched at $199, or $99 for Amazon Prime members, and asked customers to request an invitation before they were able to buy the product.
Create your profile
Only paid subscribers can comment on this post
Check your email
For your security, we need to re-authenticate you.
Click the link we sent to , or click here to sign in.