Saturday, April 19, 2014

Aurangzeb : Facts about Amazon.com

It’s one of the top websites in the world. If you’ve ever used a Kindle or ordered video games, diapers, jewelry, electronics or any number of products online, chances are you ordered them from Amazon.com. Launched in July of 1994 by Jeff Bezos, the e-commerce company that has forever changed the way we shop online turns 19. –

The company began as an online bookstore. In the first two months of business, Amazon sold to all 50 states and over 45 countries and their sales were up to.

They went public in 1997, with stock shares starting at $18.00.

Founder Jeff Bezos was named TIME’s ‘Man of the Year’ in 1999.

Amazon.com once sold a CD-ROM for $2,904,980,000 and someone tried to buy it. The order was later cancelled by Amazon.

Their first profit was made in the fourth quarter of 2001: $5 million, on revenues of more than $1 billion.

Amazon’s current logo was designed to depict a smile that goes from A to Z. “This signifies that the company is willing to deliver everything to everyone, anywhere in the world.”


Ready to take on the music industry, Amazon launched its own online music store, Amazon MP3 in 2007.

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