History
of Amazon.com
Amazon is the
largest internet-based e- commerce website in America with
headquarters in Seattle, Washington .It is the separate retail website for United
States,
UK &Ireland,Germany,Canada,France,Brazil,Japan,Spain,Italy,Netherlands,Australia,China,Indian,Mexico
with employees 132,600 (June 2014) the revenue is US$74.45
billion(2013),Operating income US$ 745.00 million(2013),net income US$274
million(2013), Total Assest US$ 40.25 (2013) and Total equity US$ 9.74
billion(2013). And the Alexa rank is 8(September 2014).
First selling
First the Amazon
start selling book store, but soon it starts the selling theCDs,videos,MP3,DVDs,software,vido
games,etc. The company was founded in 1994
by Jeff Bezos as Cadabra.com after it changed as Amazon.com in 1995.Actually
the Cadabra.com sound too much like cadaver. So he preferred to Put name
as the starting latter with “A” and it
would occur at the top level of any list so Bezos after long research in
dictionary , he decided to put the name as Amazon .The Amazon was incorporate
in 1994 but in 1995 the company began service and sold its first book on Amazon
.com.
Key Dates
1996- It was
reincorporated in Delaware.
1997- Trading
under the NASDQ stock exchange symbol AMZN,at the price of US$18.00 /share 1998 -Amazon enters the video business and
online music ,Companies areacquired in the
Germany and UK.
1999- The Time Magazine’s declared as the “Person of The
Year”. Amazon starts selling the toys, tools, hardware and electronics .
2000 -The compsny
reports the first net profit during the fourth quarter .
2001-Company
reported a net loss of $149 million for the year,an improvement from the $567
million loss
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