Jeff Bezos |
In 1995 Jeffrey Bezos(founder and CEO) founded the famous e-commerce website Amazon.
Its headquaters is in Seattle Washington.It is the largest internet based company in USA.
It was initially an online bookstore and it became one of
the first success of internet economy as an e-Commerce website.
Bezos decided that
books were a good product to market through Amazon.
Several million books are
in printed at any one time,
with about 275,000 titles
or editions added in 2007 in the United States alone.
Over the years the company’s offerings have
expanded beyond books to
34 different categories of
merchandise, including software,
music, video, electronics,
apparel, home furnishings, and
even nonperishable gourmet
food and groceries.
Amazon is now providing Web hosting service also.
And its service had also
expanded to lot more countries in the
world including India.
the company achieved its
first profitable year in 2003.
Since then growth has
remained steady and generally impressive.
In 2005, Amazon.com earned $8.49 billion
revenues with a net
income of $359 million.
Now Amazon is one the top
most leading online marketer.
Note:Stay tuned for more
information regarding various categories.
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