If anyone has benefited the most in the field of online business in the last two decades, then that person is Jeff Bezos. Bezos is considered the ‘master’ of the world in online business. Today we will discuss the world’s largest e-commerce website Amazon. Jeff Bezos founded the Amazon company 28 years ago on July 5, 1994, in Washington, USA.
However, neither digital nor online was the trend in that era. The craze of online shopping started after the beginning of the 21st century.
Gradually this online shopping spread all over the world. In today’s busy and hectic life, people are shopping online. At that time no one had imagined that this Amazon platform of online shopping would go so far.
Then made a big shopping platform in the era of increasing internet usage. Jeff Bezos started Amazon in 1994 as an online book store in his garage. Andy Jesse joined Amazon in 1997 as a marketing manager and founded the company’s cloud services division AWS in 2003.
It is one of the most profitable units for Amazon. Today it is an online retail giant that sells and distributes all kinds of products across the globe. Apart from this, the company is also working in areas like streaming, music and television, cloud computing, robotics, AI. Until recently, Jeff Bezos was the richest person in the world.
However, now Tesla company chairman Elon Musk is the richest person in the world. Jeff Bezos resigned as the CEO of Amazon on July 5, 2021, the company’s founding day last year. In his place, Andy Jesse is now the CEO of Amazon Company. In India too, Amazon has an umbrella rule in online shopping.
