Companies
Junio 11, 2021 - < 1 min

Bezos's Universe

Amazon's Unstoppable Expansion

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Jeff Bezos, Amazon’s founder and CEO, is preparing to travel to space next month. But that’s not all. Bezos will also take an important step on July 5: he will step down as Amazon’s CEO, a position that will be taken over by Andy Jassy, the current CEO of Amazon Web Services, the company’s successful cloud services business. Bezos is leaving Jassy at the helm of a company very different from the one founded in 1994. In addition to its organic growth, Amazon has made major acquisitions, which have enabled it to become the second-largest company by sales in the U.S. and the ninth-largest in the world. This chart shows Amazon’s major acquisitions:

Source: VirtualCapitalist