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After expanding and setting up operations in Europe
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Tech Billionaires: Jeff Bezos

After expanding and settingup operations in Europe

After expanding and setting
up operations in Europe

Full Transcript

00:00:01.000 --> 00:00:04.201
After expanding and setting up operations in Europe.
Duration
4 seconds
Views
31
Timestamp in Movie
00:14:02
Uploaded
May 24, 2025
Genres
documentary, biography
Production
Entertain Me Productions

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Movie Summary

Along with Google, Apple, Microsoft and Facebook, Amazon is one of the Big Five companies in the US tech industry. It has become one of the most influential companies in the world. In 2018, it surpassed 100 million subscribers wor...
Most of us will be braving the crowds in the coming days - Tech Billionaires: Jeff Bezos 00:05
Most of us will be braving the crowds in the coming days
But Christmas shopping doesn't have to be so traumatic. - Tech Billionaires: Jeff Bezos 00:04
But Christmas shopping doesn't have to be so traumatic.
This year more people than ever will buy their gifts - Tech Billionaires: Jeff Bezos 00:06
This year more people than ever will buy their gifts
I tested the system by ordering a book - Tech Billionaires: Jeff Bezos 00:05
I tested the system by ordering a book
It's been printed out at Amazon's warehouse in Berkshire. - Tech Billionaires: Jeff Bezos 00:05
It's been printed out at Amazon's warehouse in Ber...
And just a few hours after the order is placed - Tech Billionaires: Jeff Bezos 00:06
And just a few hours after the order is placed
But the growth in the market that we've identified - Tech Billionaires: Jeff Bezos 00:06
But the growth in the market that we've identified
As part of retailing - Tech Billionaires: Jeff Bezos 00:07
As part of retailing
There's already a great deal of price competition, - Tech Billionaires: Jeff Bezos 00:05
There's already a great deal of price competition,
This year, they'll be looking over their shoulders - Tech Billionaires: Jeff Bezos 00:05
This year, they'll be looking over their shoulders
However, with success came adversity. - Tech Billionaires: Jeff Bezos 00:05
However, with success came adversity.
The company became involved in several notable lawsuits, - Tech Billionaires: Jeff Bezos 00:11
The company became involved in several notable lawsuits,
In 2000 Bezos and the company were put to the ultimate test. - Tech Billionaires: Jeff Bezos 00:06
In 2000 Bezos and the company were put to the ultimate test.
Though spent millions developing its software, - Tech Billionaires: Jeff Bezos 00:14
Though spent millions developing its software,
In January, 2001 to deal with the crisis, - Tech Billionaires: Jeff Bezos 00:08
In January, 2001 to deal with the crisis,
It laid off 1300 workers - Tech Billionaires: Jeff Bezos 00:06
It laid off 1300 workers
Amazon rebounded from financial instability. - Tech Billionaires: Jeff Bezos 00:04
Amazon rebounded from financial instability.
Amazon turned his first ever net profit later in 2001. - Tech Billionaires: Jeff Bezos 00:05
Amazon turned his first ever net profit later in 2001.
However, it was small and barely counted. - Tech Billionaires: Jeff Bezos 00:04
However, it was small and barely counted.
It took Amazon more than 18 years to catch Walmart - Tech Billionaires: Jeff Bezos 00:08
It took Amazon more than 18 years to catch Walmart