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  • Mountain View, California, U.S.
    Thursday Aug 19, 2004

    Google LLC

    Google's Initial Public Offering (IPO)

    Mountain View, California, U.S.
    Thursday Aug 19, 2004

    Google's initial public offering (IPO) took place five years later, on August 19, 2004. At that time Larry Page, Sergey Brin, and Eric Schmidt agreed to work together at Google for 20 years, until the year 2024. At IPO, the company offered 19,605,052 shares at a price of $85 per share. Shares were sold in an online auction format using a system built by Morgan Stanley and Credit Suisse, underwriters for the deal. The sale of $1.67 billion gave Google a market capitalization of more than $23 billion.




  • China
    Thursday Aug 19, 2004

    Amazon

    Amazon acquires Joyo

    China
    Thursday Aug 19, 2004

    Amazon acquires Joyo, an online bookstore in China, for $75 million, which then becomes the 7th regional website of Amazon.com. joyo later becomes Amazon China.




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