By Wand Agency
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Amazon.com, Inc. (NASDAQ: AMZN) is a US-based multinational electronic commerce company. Headquartered in Seattle, Washington, it is the largest online retailer in the United States, with nearly three times the Internet sales revenue of the runner up, Staples, Inc., as of January 2010.
Jeff Bezos founded Amazon.com, Inc. in 1994 and launched it online in 1995. The company was originally named Cadabra, Inc., but the name was changed when it was discovered that people sometimes heard the name as "Cadaver". The name Amazon.com was chosen because the Amazon River is one of the largest rivers in the world, and so the name suggests large size, and also in part because it starts with "A" and therefore would show up near the beginning of alphabetical lists. Amazon.com started as an online bookstore, but soon diversified, selling DVDs, CDs, MP3 downloads, computer software, video games, electronics, apparel, furniture, food, and toys. Amazon has established separate websites in Canada, the United Kingdom, Germany, France, Italy, Japan, and China. It also provides international shipping to certain countries for some of its products.
Amazon.com, Inc. Amazon.com-Logo.svg
Type Public (NASDAQ: AMZN)
S&P 500 Component
Founder Jeffrey P. Bezos
Headquarters Seattle, Washington, U.S.
Area served Worldwide
Key people Jeffrey P. Bezos
(Chairman, President & CEO)
Industry Online shopping
Amazon Web Services
Revenue increase US$34.204 billion (2010)
Operating income increase US$1.406 billion (2010)
Net income increase US$1.152 billion (2010)
Employees 33,700 (2010)
Alexa rank steady 14 (February 2011[update])
Type of site E-commerce
Advertising Web banners
Available in English, Japanese, German, French, Italian & Chinese