Amazon was founded by Jeff Bezos

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Updated By: History Editorial Network (HEN)
Published:  | Updated:
3 min read

Amazon was established by Jeff Bezos as an online bookstore, marking the beginning of a significant shift in retail. The decision to locate the company in Bellevue, Washington, was strategic, influenced by the area's access to a skilled workforce from nearby tech companies and educational institutions. The proximity to a major book distribution center in Roseburg, Oregon, further facilitated operations. Initially, Amazon focused on selling books, but the vision was to create a comprehensive online marketplace. This foundational choice laid the groundwork for Amazon's evolution into a global e-commerce leader. Over time, the company expanded its product offerings beyond books to include electronics, clothing, and various consumer goods, ultimately transforming the way people shop. The impact of Amazon on the retail industry has been profound, contributing to the decline of traditional brick-and-mortar stores and reshaping consumer behavior. As of recent statistics, Amazon holds a significant share of the U.S. e-commerce market, illustrating its dominance and the effectiveness of its business model. The company's innovations, such as Prime membership and same-day delivery, have set new standards in customer service and convenience, further solidifying its position in the market.
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Primary Reference: History of Amazon
Location: Washington, United States
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