amazon what year was founded
Founded in 1994 by Jeffrey Bezos, it’s world headquarters are in Seattle, Washington. Amazon serves a worldwide audience. Its website was launched in 1995 and is available in English, Chinese, French, German and Japanese. These are separate websites but the business model is the same. Amazon remained and eventually made a $ 5 million profit in the last quarter of 2001. The next year it turned in a profit of $ 3.9 billion. In December 2008 Amazon replaced Merrill Lynch on the S&P 100 after it was taken over by Bank of America. Amazon is credited with popularizing online shopping. For its contribution to the world of ecommerce, Jeffrey Bezos was named Time magazine’s person of the year in 1999. The Life And Awesomeness Of Amazon Founder And CEO Jeff Bezos. Amazon Inc. Jeff Bezos, founder and CEO of Amazon, is a billionaire who's had an amazing life and career. Today, his Everything Store sells nearly $80 billion worth of goods per year. The orders poured in, and by September 1996, Amazon.com had grown into a company of 100 employees and had racked up more than $15.7 million in sales. Three years later, those figures would rocket to more than 3,000 employees (including some in Britain and Germany) and more than $610 million in sales. It was a risky move, but it quickly paid off. Just four years after Bezos created Amazon.com, the virtual bookstore became the template for how e-commerce businesses should be run, with sales of more than $610 million and more than 13 million customers worldwide. Bezos first got the idea to start an Internet enterprise in 1994. Jeff Bezos (/ˈbeɪzoʊs/; born Jeffrey Preston Jorgensen; January 12, 1964) is an American technology entrepreneur, investor, and philanthropist. He is the founder, chairman, and CEO of Amazon.com, an Internet merchant of books and later of a wide variety of products and services, most recently video streaming. Amazon.com became the world's largest online shopping retailer on the World Wide Web and a model for Internet sales. Bezos' mother Jacklyn was a teenager at the time of his birth. Her marriage to his father lasted a little more than a year. In April 1968, when Jeff was four, she remarried to Miguel Bezos, a Cuban who immigrated to the United States alone when he was fifteen years old. Miguel worked his way through the University of Albuquerque, married Jacklyn and legally adopted his stepson Jeff. In 1994, Jeff Bezos was already what many would consider extremely successful. The youngest-ever senior vice president at Wall Street investment banker D.E. Shaw & Co., the 30-year-old Bezos was already making an estimated six-figure salary and was destined to rise even further in the company ranks. Here's an abridged version of the life and awesomeness of Jeff Bezos ». Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions. The History of eBay. eBay was founded in Pierre Omidyar's San Jose living room back in September 1995. It was from the start meant to be a marketplace for the sale of goods and services for individuals. In 1998, Pierre and his cofounder Jeff Skoll brought in Meg Whitman to sustain the success. Meg had studied at the Harvard Business School and had learned the importance of branding at companies such as Hasbro.
1994