Twenty years ago, Jeff Bezos launched Amazon. Since it opened its website in July 1995, Amazon.com has grown from a seller of books into one of the world’s biggest retailers. Its growth has been helped by a consumer shift to online shopping. Somewhat surprisingly, despite amassing $400 billion in sales, Amazon has made less than $2 billion in profit.
There are many famous quotes from Jeff Bezos—here’s one of our favourites, “If you’re competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.”
Here’s the key events of Amazon’s 20 year history in one stunning infographic from our friends at Currencies Direct.
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