What do the names of the world's best ecommerce organizations mean? How did Amazon, eBay, Rakuten, Alibaba, Walmart get named? What does it mean? Let's find out.
1. Amazon: Jeff Bezos founded Cadabra in the United States as a book store. But it was mispronounced as 'Cadaver'. He also bought a dot com domain called Awake, Browse, Bookmall. Then again buy Relentless.com domain and start doing business. The special name is Amazon.
Bezos chose the name Amazon to find the dictionary. This is because the uniqueness and uniqueness of the river named 'Amazon' attracts him and the word is also at the top of the dictionary. He also said that the Amazon is the largest river in the world, and he plans to turn his store into the largest bookstore in the world.
2. eBay: In 1995, software developer Pierre Omidia opened a website called 'AuctionWeb' in the United States to sell a broken laser pointer experimentally, thinking that this is how people buy something. Surely something good is going to happen.
Then they named their computer consulting company 'Echo Bay'. But the unfortunate thing is that the echobay (.com) domain was not empty at that time so they established 'eBay' by removing 'cho' from 'echo' and adding 'Bay' to it with only 'E'.
3. Rakuten: In 1997, Hiroshi Mikitani founded MDM Inc. (MDM, inc) in Japan. Two years later he was renamed 'Rakuten' from 'MDM'. The Bengali word 'rakuten' in Bengali means 'hope'.
Although it is one of the top ten ecommerce in the world, its name is not as well known in our country as it is not known as Amazon or Alibaba.
4. Alibaba: Jack Ma fixed this name while sitting in a coffee shop. He asked the waiters, "Do you know Alibaba?" In response, he says, "Open Sesame." This phrase means "the magic of opening the door of a treasure house". When Jack's mother asked ordinary pedestrians out on the street, they gave the same answer. Because everyone knows the story of Alibaba and 40 thieves.
Jack Ma prefers the name 'Alibaba' because Alibaba was a kind and honest businessman who protected the village. Jack Ma chose this name because his name is simple, melodious and known all over the world.
5. Walmart: Founded in 1982, this company is widely known as a discount store. Sam Walton named it Walmart by adding 'Mart' to the first three letters of his name. Like Rakuten, Walmart's name is not so well known in our country.
There are many more popular ecommerce organizations, I will talk about naming them another day.
B: Note: I have written from the history of naming companies by my own small knowledge. It is normal to have disagreements with the opinions of others
