Amazon.com,Inc. Amazon, is an American e-

commerce and cloud computing company, founded in July 5, 1994 by Jeff Bezos and based in Seattle, Washington.

The initial success of the company was meteoric. With no press promotion, Amazon.com sold books across the United States and in 45 foreign countries within 30 days.

In two months, sales reached $20,000 a week, growing faster than Bezos and his start-up team had envisioned.

Jeff Bezos

The company began as an Internet merchant of books and expanded to a wide variety of products and services, most recently video streaming and audio streaming.

Currently is the world's largest Internet sales website.

Earlier it was named as “Cadabra” but a year later changed to “Amazon” after a lawyer misheard its original name as "cadaver“.

Named "Amazon" because it was a place that was "exotic and different" just as he planned for his store to be.

In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization.

Bezos boasted at the 2016 shareholders meeting that Amazon is the fastest company ever to reach $100 billion in annual sales, which it cleared in 2015

Amazon's localized storefronts, which differ in selection and prices, are differentiated by top-level domain and country code.

Has separate retail websites for the United States, the United Kingdom and Ireland, France, Canada, Germany, Italy, Spain, Netherlands, Australia, Brazil, Japan, China, India and Mexico.

Amazon Store Locations

Products and Services Kindle eReaders & eBooks Books Movies, Music & Video Games Consumer electronics Beauty, Health & Groceries Handbags & Luggage

Products and Services

Sports, Fitness & Outdoors Home, Kitchen & Pets Jewelry, Watches & Eyewear Toys & Baby Products Car, Motorbike & Industrial Clothing & Accessories

Amazon also have diversified and wide products and services through companies like the following:

Statistics and facts • The majority of the company’s revenues are generated through the sale of

electronics and other products, followed by media and other activities. • As of the fourth quarter of 2016, the e-retailer reported more than 244 million

active customer accounts worldwide. • Due to Amazon’s global scope and reach, it is also considered one of the most

valuable brands worldwide.• The online retailer does not only lead in terms of desktop retailing but has also

taken to mobile commerce. • As of January 2014, Amazon had more than 14 million mobile-only visitors aged 25

to 34 in the United States.• Recent data also indicates that the e-retailer also leads the global rankings

regarding mobile conversion rate as 7 percent of mobile visits result in a sale on the website.

•Amazon.com Announces Third Quarter Sales up 29% to $32.7 Billion•Net sales are expected to be between $42.0 billion and $45.5 billion, or to grow between 17% and 27% compared with fourth quarter 2015.

Statistics and facts

•Amazon also offers Amazon Prime, an annually paid membership offering free two-day shipping in the United States as well as discounted one-day shipping rates, which current users regard as the key reason for subscribing to the service. •The average online expenditure of Amazon Prime members in the United States amounts to 58 U.S. dollars per transaction, compared to 41 U.S. dollars of a non-Prime member. •There are about 54 million prime users

Statistics and facts