Trusted News Discovery Since 2008
{{/content}}
This Day in History: Amazon Opens for Business
Video Credit: Wibbitz Top Stories
Published on July 16, 2020 - Duration: 00:58s
This Day in History: Amazon Opens for Business
This Day in History: Amazon Opens for Business July 16, 1995 The brainchild of founder Jeff Bezos, the online retail behemoth began simply as an online bookseller.
Named after the Amazon River, Amazon.com was billed as "Earth's biggest bookstore." The company took off immediately, accruing $15.7 million in revenues by the end of 1996.
In 1997, Bezos hand-delivered the company's one-millionth order to a customer in Japan.
Amazon would eventually become the most valuable retailer in the world.
In 2017, Jeff Bezos was named the richest man in the world, and Amazon became a $1 trillion company in 2018.
You are here
Related videos from verified sources
Amazon To Launch Car & Bike Insurance In India 00:28
Video credit: Wochit Business - Published on July 30, 2020
Dr. Dre and Colin Kaepernick Take a Knee in New Photo 01:03
Video credit: Wibbitz Top Stories - Published on July 27, 2020
Amazon Officially Delays Prime Day 00:28
Video credit: Wochit Business - Published on July 21, 2020