Amazon Turns 30: A Look at the E-commerce Giant's Journey
Amazon, the e-commerce giant, turns 30 this week. Over the years, the company has grown enormously, with its market value surpassing $2 trillion for the first time in June. It has a 40% share of the US online retail market and the third biggest advertising business in the world. Amazon's success can be attributed to its customer-centric approach, its ability to innovate and experiment, and its significant investment in its own business. However, the company has faced criticism over the working conditions of its warehouse workers. Looking ahead, Amazon's challenge will be to integrate its various business units more closely together and continue to innovate.