Jeff Bezos founded Amazon in 1994 out of his Seattle garage as an online bookstore. It has since expanded to become a global e-commerce company selling a wide variety of products. Bezos was inspired by the concept of online shopping and saw Internet usage growing. Amazon grew rapidly in its early years and launched new product categories. It struggled during the 2001 recession but recovered by recruiting other companies to sell products on Amazon. Bezos remains CEO and has grown Amazon into one of the largest online retailers in the world.

1. By: Aminaa
Uuree
Misheel
Indra
Pandu
… and you’re done.”

2. • E-commerce company
based in Seattle, WA.
• Amazon was one of the
first big companies to
sell goods over the
Internet
• Was founded by Jeff
Bezos in 1994.
• First came out as an
online book store.
• Produces consumer
electronics.
• Was named after the
Amazon River, but then
renamed after the
Amazons, the
legendary nation of
female warriors in
Greek Mythology.
History

3. About Jeff Bezos
• Was born January 12, 1964
• Played a important role in e-commerce as the founder and CEO of
Amazon.com
• Graduated Princeton University in 1986.
• His business was set up in his garage in 1994.
• Named Time magazine’s “Person of the year” in 1999.
• He is a member of the Executive Committee of The Business Council.
• In 2008, he was selected by U.S News & World Report as one of America's
best leaders.
• One of the wealthiest people in the world with an estimated net worth of
US 22.1 billion.

4. What is Amazon.com and how does
it work?
• Amazon.com is a global website where thousands of
merchants sell products through Amazon.com
• A full online retail store center. It allows anyone to buy
or sell books, movies, clothes, toys, etc.
• It is divided into 2 sections. First one is for new
products and another where it can be used and in good
condition to be sold.
• Then you can choose your product and place it into
your online cart and check out with your card, to
confirm your purchase and let them deliver to you.

5. • A businessman by the name of Nick Hanauer believed in
Bezo’s idea and invested in $40,000 for his project.
• Another man, Tom Alberg decided to invest in $100,000
in Amazon in 1995.

6. • By 1997, Amazon.com had generated
$15.7 million in revenue. The same year,
they decided to add CDs and movies to
the website.
• In 1998, Amazon added some new
categories to the site as example:
software, electronics, video games, toys,
and home improvement items.

7. RECESSION
• In 2001, Amazon had a
financial loss of $1.4
billion, and had laid off
over 200 workers in the
last year. In the
beginning of 2001 found
Amazon laying off even
more workers, totaling
over 1000.
RECOVERY
Bezos had an idea to
recruit other
companies to sell
their products online
through Amazon. The
idea worked and so
companies such as
Target, Toys R Us,
Old Navy, and many
others have agreed
to sell their items
through Amazon.

8. Amazon’s Timeline

9. Amazon missed while Apple meet Wall Street's
expectations. Amazon's cash was very little
compared to Apple's. But Amazon's stock has
been ascending while Apple's was decreasing.

10. Resources
• http://jobsearchtech.about.com/od/com
panyprofiles/a/Amazon.htm
• http://en.wikipedia.org/wiki/Jeff_Bezos
• http://www.essortment.com/history-
amazoncom-21180.html
• http://en.wikipedia.org/wiki/Amazon.co
m
• http://www.amazon.com/Nick-
Hanauer/e/B006GUA7UG