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July 17, 2015

Amazon turns 20: a look at its big bets

  • There have been money-minting successes, big misses and headscratchers since Jeff Bezos started selling books online way back in July 1995.
    • By MAE ANDERSON
    AP Technology Writer

    NEW YORK — Amazon has come a long way from selling books out of a Seattle garage.

    The company had an inauspicious start in July 1995 at the dawn of the Web as an online bookseller. It narrowly escaped the dot-com bust of 2000 to reinvent online retailing. And eventually, it morphed into the global e-commerce powerhouse it is today, with $89 billion in annual revenue.


     
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