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Amazon then and now: from tiny garage to tech titan

From humble beginnings to global empire
Jeff Bezos' bookstore dream
Name and site launch
First sale
Free publicity from Yahoo!
Worldwide sales start to come in
Clash with traditional booksellers
Branching out
Amazon goes public
Opening of first fulfilment centres
Crazy Christmas
First profits finally
High-profile acquisitions
Move into fashion
Quicker deliveries with Prime
Changing the way we read...
...and the way we scroll
But Bezos couldn't crack the smartphone market
TV and film player
Home help
Fresh groceries
Whole Foods takeover
First checkout-free store
Biometric payments
Investing in driverless technology
Sales continue to shatter records
Black Friday
Over 200 million Prime members
First person to be worth over $200 billion
Trillion-dollar valuation
22 of 30
Jonathan Weiss/Shutterstock

Whole Foods takeover

In 2017, Amazon made its biggest purchase to date when it bought Whole Foods for $13.7 billion ($17.6bn/£14bn today), with the aim of selling fresh produce at cheaper prices. The e-commerce giant pushed ahead with changes to the retailer, bringing down the price of some products and introducing the Amazon Echo to shelves.

However, the move came with criticism that Whole Foods had sold out to "one of the most disliked companies in retail". 

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Alice Cattley

26 November 2024

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