Amazon company is one of the world’s best online retailer products and cloud services providers.
the business was initially a book vendor but has expanded to sell a wide array of consumer products and electronic media in addition to its own electronic devices, like a streaming media adapter, Kindle Fire tablet, and Fire TV, e-book reader. The very first AWS offerings were established in 2006 to provide online services for websites and client-side software. Amazon’s Elastic Compute Cloud (EC2) and Simple Storage Service (S3) are the backbone of the organization’s large and expanding collection of Web services.
History of amazon
Amazon over the past 20 years has been as meaningful an economic reform as Walmart has been in the 20 years before it, Amazon is one of the marvels of the modern world, constructed from scratch in a hyper-competitive environment, scaled out of nothing to the largest company in America by revenue and from headcount of the products. It is by far the most successful social welfare system ever implemented, saving billions and billions of dollars to get regular Americans.
Amazon accepts the offer for registering
Amazon e-commerce industry place to flourish its functions by assessing nation’s top exporters with Amazon. The U.S eCommerce giant Amazon accepts the offer for registering 38 exporters from Pakistan to enlist their products on its own platform.
Pakistan has delivered the list of authorized sellers coping in surgical products, sports goods and home textile sector. As per eCommerce council meeting held on June 18th chaired by Abdul Razak Dawood verified that it will be further enlarged if this trial is successful.
A video message from the Director General of the World Trade Organization (WTO), who appreciated Pakistan’s efforts in the right direction, was introduced through this National E-Commerce Council meeting. Dawood also spoke about the advancement of the e-commerce policy since October 2019 along with the efforts of both the public and private businesses to have that policy successfully implemented.
As we know during this pandemic, the importance of eCommerce has climbed to an extent in past few months. This business was accelerated in the prior decades along with advancement and access to the world wide web. We have to understand the significance of this sector and that too this industry has to be invested. Especially with the little and midsize businesses (SMEs), the e-commerce platform could be a victory.
The State Bank of Pakistan also emphasized the advancement of this regulatory mechanism for facilitating cross-border B2C by e-commerce; it is complete and is to be executed immediately about the Amazon accepts the offer for registering in Pakistan with the incorporation of Federal Board Revenue (FBR) e-commerce platform.