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Amazon marks 20 years as a public company

May 16, 2017

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Amazon is celebrating two decades as a public company in a big way — as an enterprise worth nearly $460 billion.

The retail giant, which began as a modest online bookstore, went public on the Nasdaq in an IPO valued at a modest $438 million. Today, Amazon has grown into an empire that not only sells books, but has become a major player across categories, including clothing, food, furniture, jewelry, private-label goods and electronics, among other segments.

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