The History of Amazon
We all know that Amazon is the biggest retailer in the world. Amazon currently has a total of over 300 million different products that allow consumers to choose from. Today Amazon is the go-to site for online shoppers. You can buy almost everything on Amazon marketplace. How did Amazon become so big? Here is a brief of Amazon’s history. Jeff Bezos was working at D.E Shaw & Co. as a vice-president. In 1994, he came across the statistic that World Wide Web usage was growing by 2,300 percent a month 1 . Then he decided to leave his company and moved to Seattle to start an e-commerce company with a massive growth opportunity like the Internet. He initially named the company Cadabra Inc. as in abracadabra, but he changed it when someone misheard it as cadaver. Then he came up with another name called relentless, but his friend told him that it sounded too sinister 2 . He named the company Amazon after the Amazon River because it was massive monolithic and powerful. These qualiti