Amazon grew astronomically because of its personalization tools and is now considered a top multinational technology company.Īmazon has a variety of product offerings. In 2006, the company ventured from being just a retailer to become a technology company when it started providing Amazon web services. Despite the critics, the company grew and started selling other products such as consumer electronics, videogames, toys, and other items. ![]() ![]() Many naysayers thought that the company would lose its place in the marketplace, but Jeff Bezos dismissed this, saying that the critics were not aware of how fast the internet would grow. Initially, it was only selling books online, whereby it promised the customers that it would deliver the books anywhere. ![]() Jeff Bezos, Amazon CEO, incorporated the company in the year 1994.
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