Amazon
A giant online store that also rents out computer servers in the cloud (AWS).
📖 Its story
In 1994, Jeff Bezos quit his job to sell books on the internet from the garage of his house. He and his small team packed the orders by hand. Over time they started selling all kinds of things and delivering packages in many countries.
💵 How it makes money
By selling products online, charging fees to other stores, with its Prime membership and by renting out its AWS cloud.
🤯 Fun fact
Before it was called Amazon, its first name was Cadabra, like in “abracadabra.”
👍 The good part
Its AWS cloud is one of the most used in the world by other companies.
⚠️ The risk
Governments in several countries are checking whether its huge size is unfair to competitors.
🧠 Did you get it?
What did Amazon sell at the beginning?
🗂️ Quick facts
- Founded in: 1994
- Founded by: Jeff Bezos
- Home: Seattle, Washington, USA
🔎 How to find it on the stock market
- Search the internet for AMZN stock.
- You can also find it in your parents' investing app with the letters AMZN.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Amazon. Ask your mom or dad to join the list.
Join the list