Most people know Amazon only as an e-commerce based company. But it is hard to imagine how big Amazon is in reality. Their business is spread all over the world. Today’s article will discuss how Amazon became such a huge company and became financially prosperous.
Amazon officially started its journey in Washington in 1994. Jeff Bezos initially started out working in a garage. After that, the scope of their business gradually increased. Products like electronics, toys, furniture, foods etc. are reaching people by their hands.
Amazon’s current logo signifies that Amazon has everything you need from A to Z. In other words, Amazon is able to fulfill all your needs based on e-commerce.
Jeff Bezos bought IMDb and Book Page in 1998. In 1999, he made his debut in Time magazine. His business scope continued to grow through the implementation of Amazon Business, Amazon Software Development, Amazon Prime etc.
Amazon is working in the field of cloud computing, artificial intelligence, digital distribution etc. Their best services like Amazon Alexa, Amazon App Store, Amazon Music are still available.
Amazon is the world’s second-largest web service after Microsoft. Many big companies in the world are connected with this web service.
Asia includes China, India, Japan, Singapore, Turkey; France, Germany, Italy, Spain, United Kingdom within Europe; Within North America, they are doing business in Canada, Mexico and the United States.
Amazon has one of the largest warehouses in the world. About 16 lakh products are shipped daily from their warehouse. They have more than 6 lakh employees worldwide. To tell how big Amazon is, its revenue can be compared to Vietnam’s foreign reserves. In that case, Amazon is almost four times larger than Vietnam’s foreign reserves.