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The funds gained from the IPO allowed Amazon to grow quickly, making its first three acquisitions on April 27, 1998, less than a year after the company had gone public. [2] After the dot-com bubble burst on March 11, 2000, several companies that Amazon had invested in went bankrupt, with Amazon's stock price itself sinking to record lows. [3]
Visits to amazon.com grew from 615 million annual visitors in 2008, [50] to more than 2 billion per month in 2022. [citation needed] The e-commerce platform is the 12th most visited website in the world. [51] Results generated by Amazon's search engine are partly determined by promotional fees. [52]
Gift card for a U.S hardware store. A gift card, also known as a gift certificate in North America, or gift voucher or gift token in the UK, [1] is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses.
In June 2019, Amazon expanded its one-day delivery with Amazon Prime, stating that Prime Free One Day was available to U.S. members on more than 10 million products with no minimum purchase. [ 43 ] In June 2018, Amazon launched Prime Australia, with a 2-business-day delivery promise, free delivery of international orders, and Amazon Video.
The 1992 United States presidential election was the 52nd quadrennial presidential election, held on Tuesday, November 3, 1992. Democratic governor Bill Clinton of Arkansas defeated incumbent Republican president George H. W. Bush and independent businessman Ross Perot of Texas.
The Amazon rainforest, [a] also called Amazon jungle or Amazonia, is a moist broadleaf tropical rainforest in the Amazon biome that covers most of the Amazon basin of South America. This basin encompasses 7,000,000 km 2 (2,700,000 sq mi), [ 2 ] of which 6,000,000 km 2 (2,300,000 sq mi) are covered by the rainforest . [ 3 ]
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