The man who started his business from a garage became the world’s second-richest person. Jeff Bezos is an American entrepreneur, investor, computer engineer, and commercial aerospace owner. He is the founder and executive chairman of Amazon. Here we covered the unknown history of amazon and interesting facts about amazon.
The History of Amazon
Bezos founded Amazon as an online bookstore selling books in 1994. Initially, Amazon started offering free shipping charges on the books competing with local booksellers and Barnes & Noble. Now, it is one of the big five American information technology companies next to Alphabet, Apple, Meta, and Microsoft. Bezos almost named Amazon “Cadabra” – a short form of the magic term “abracadabra”. Most of them are unaware that clicking on relentless.com will redirect users directly to Amazon.com
Evolution and Expansion of Amazon
When was Amazon founded?
- A. 1994
- B. 1990
- C. 1998
- D. 1996
After 20 years of its establishment, Amazon opened its first physical bookstore in 2015. It earned a reputation as one of the best online retailers and started its business expansion across the globe in multiple services. Amazon stepped into cloud computing services through AWS, a smart speaker production, live streaming services through Twitch, and an OTT platform like Amazon prime with 200 million subscribers worldwide. Amazon owns 41 subsidiaries and brands like IMDB, Zappos.com, Souq.com, Goodreads, Whole Foods, and Audible. Jeff Bezos even entered into the aerospace industry with Blue Origin company.
When it comes to customer service, Amazon has taken many initiatives and strategic plans to fulfill customer’s needs and services and one among them are fastest delivery options. From the beginning, Amazon has started a super fast delivery service to US customers and now it is spread over the boundaries. Amazon Air is a cargo airline for bulk transport handled either by Amazon Flex, Amazon Logistics, or the United States Postal Service and an experimental drone delivery service by Amazon Prime Air.
Employees of Amazon receive a 10% discount on products that are sold and fulfilled directly through Amazon with a deal to save up to $100 per year and special benefits like a free Amazon Prime subscription over a period of time.