Dear MEL Topic Readers,
Amazon at 25: The story of a giant
Born on July 5, 1994, in a Seattle metropolitan
area in Washington, Amazon celebrated its 25th birthday this month. The
company initially sold books at its online marketplace and later added
electronics, CDs and DVDs, games, apparel, groceries and toys to its offering. Just
in five years, its sales surpassed well over the one-billion-dollar mark. The rapidly growing online giant retailer opened its distribution services to small businesses, introduced
prime membership and subscription services, launched electronic reading and smart
devices, started on-demand cloud computing platforms, and stepped into
brick-and-mortar retail business. Now, Amazon is the world’s largest online retailer
and internet company and US’s second largest employer and technology company by
revenue. It is now one of three most valued companies with Microsoft and Apple,
which made the founder and chairman Jeff Bezos the wealthiest person in the
world, who just made the world most expensive divorce settlement.
What Amazon will be doing in the next 25 years?
Will we see extraterrestrial delivery services by amazon spacecraft? That might
not be in the not so far future.
Enjoy reading the article and imagine how
much you’ll be paying to Amazon next year.
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