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Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]
In 2021, the company had 111.6 million members. [52] As of November 2023, Costco had 129.5 million members. [1] Costco was the first company to grow from $0 in sales to $3 billion in sales in under six years. [15] For the fiscal year ending on August 31, 2012, the company's sales totaled $97.062 billion, with $1.709 billion net profit. [53]
The East India Company (EIC) [ a ] was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. [ 4 ] It was formed to trade in the Indian Ocean region, initially with the East Indies (South Asia and Southeast Asia), and later with East Asia. The company gained control of large parts of South Asia and Hong Kong.
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