ITM - in 1998 • In 1999 Time Magazine called Jeff Bezos...

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Report on History: In 1994, Jeff  Bezos started a retail website, which is now one of the largest  retail websites in the world. At that time, the company was running from the garage of  Jeff bezos, which was in Bellevue, Washington. Products and services : The product lines of includes music CDs, videotapes and DVDs, software,  products, apparel, sporting goods, etc. Amazon launched “Amazon kindle”  an eBook  reader in 2007, which was became very popular in the USA.  Expansion and popularity: includes movies and music in his menu, in 1997. The first international websites were open in the United Kingdom and Germany, 
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Unformatted text preview: in 1998. • In 1999, Time Magazine called Jeff Bezos “King of cyber commerce.” Business results: Some facts and figure about company’s income are follows: • In 2003, company’s income was $35 million. • In 2004, it was $588 million • In 2005, it was $359 million. • Amazon listed in S&P 500 index on 21 November 2005. • Amazon sales were $6.7 billion in 2008. The company has build fulfillment centers 12 US states and in eight other countries, it has more than 21,000 employees worldwide. References: Name: Muhammad Wasif Qureshi Reg id# 4701 Class timing 2:15 to 3:45 Tuesday and Thursday...
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This note was uploaded on 03/08/2011 for the course ECON 4702 taught by Professor Abj during the Spring '11 term at Alaska Pacific University.

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ITM - in 1998 • In 1999 Time Magazine called Jeff Bezos...

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