Jeff Bezos Steps Down As Amazon CEO


Jeff Bezos is all set to leave an enduring legacy after transforming Amazon from an online bookseller into one of the world’s most powerful corporations. He is set to hand over the job of Amazon chief executive to Andy Jassy and turn his attention to his private space exploration firm, philanthropy, and other endeavours. He will retain a key role as executive chair at the technology and e-commerce giant that he founded 27 years ago.

Bezos often recounted the early days at Amazon, started in his garage when he packed up orders himself and drove boxes to the post office. Today, Amazon has a market value of more than $1.7 trillion. It posted 2020 annual revenues of $386 billion from operations in the e-commerce, cloud computing, groceries, artificial intelligence, streaming media, and more.



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