
Amazon's growth over the past three decades has been phenomenal. The company initially started out selling books online at the start of the internet boom in the mid-1990s, but its online marketplace now offers millions of goods, from clothing to electronics to groceries and household essentials. The world's biggest online retailer has also expanded into other businesses, namely in cloud computing and artificial intelligence, the latest trend in tech. Growing its massive everyday relevance in retail and media while maintaining its dominance in cloud computing requires major investment and cash.
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Summary by ByteBrief