🛠️ Invention or technique

E-commerce (Amazon, eBay)

Comercio electrónico (Amazon, eBay)

Date
1994-1995 · confidence high
Place
Amazon, Seattle, and eBay, San Jose, California, United States
Credited to
Jeff Bezos (Amazon, July 1995); Pierre Omidyar (eBay, September 1995); first secure sale on NetMarket (1994)
People
👤 Jeff Bezos1964–👤 Pierre Omidyar1967–
Field
Communication

What it is

Online shops and marketplaces that sell to anyone with a connection, with encrypted card payment and user reviews. They reshaped retail worldwide.

What it led to

  • Last-mile logistics, robotic warehouses and the platform economy
  • The decline of physical retail and concentration among a few giants
  • Amazon Web Services as a spin-off that created the cloud
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