amazon overview

Amazon.com a Fortune 500 company based in Seattle was established by Jeff Bezos and launched its website on the following July and placed a 100-order day by the fourth month. In May 1997 it managed to raise $54 million in its IPO and added music CDs and movie video to the website and claimed itself as “Earth’s biggest bookstore”. On Dec 1999 Bezos is chosen as Time magazine’s person of the year but reported a whopping fiscal loss of $1.4 billion in early 2001.

Today, Amazon.com, Inc a B2C ETailing company which operates in North America and other countries including United Kingdom, Germany, Japan, France, and China is selling more than 16 million items and has a well running community of more than 39 million customers. It is empowered by more than 12,000 employees and its sales figure is reaching $8,5 billion nearly double eBay, Inc, with a steady 22.67% growing sales report.

sources:
Amazon.com
Factiva.com
Forrester.com
CIOInsight.com

BusinessWeek.com
SeattlePI.com