Sunday 28 December 2014

Founder of Amazon

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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