Wednesday, May 6, 2020

Financial Statement Analysis Of Amazon.com, Inc. - 1377 Words

Financial Statement Analysis AMAZON.COM, INC. History Incorporated in 1994 and launched in 1995 as an online bookstore, Amazon.com was founded by Jeff Bezos with a vision of creating â€Å"the everything store† (Stone, 2013) and the largest of its kind; hence, it was named after the largest river in the world (D’Onfro, 2014). In 1997, Amazon announced IPO and trading began on NASDAQ under â€Å"AMZN†. That same year, Amazon sold to its one-millionth customer copies of a Windows NT manual and The Royals, Kitty Kelley’s biography of the British Royal family, hand-delivered to Japan by founder Jeff Bezos. Since 1998, Amazon has started expanding and opened its doors to international trading by launching its first international websites: Amazon.co.uk (UK) and Amazon.de (Germany). In 2000, Amazon publicly showed its intention of selling all goods by adding a curved arrow from A to z on the company logo (Hayes, 2015). That same year, Amazon Marketplace allowed third party sellers (individuals and companie s) to sell new and used products on the Amazon platform. By 2001, Amazon finally earned a quarterly profit of $5 million on revenues of over $1 billion. In 2005, Amazon launches Amazon Prime, a membership that gives faster deliveries and access to Amazon’s film and tv streaming service, of which Google chairman, Eric Schmidt, is a member (Stone, 2013). In 2007, Amazon Kindle e-book reader was launched and as of 2014, there are 2.5 million e-book titles available (Hayes, 2015).Show MoreRelatedThe Financial Conditions Of Amazon Inc.1416 Words   |  6 PagesAmazon.com Inc. has been known as one of the fastest growing retailers around the world. During 2013, the company has achieved US$74.4 billion of net sales revenue. Compared to 2012, Amazon’s net sales revenue has increased by 22%. The company’s sales revenue exceeds its competitor, e-Bay, by US$58.4 billion or 364%. 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IusRead MoreCase Study : Amazon s Marketing Strategies1538 Words   |  7 PagesAmazon’s Marketing Strategies Abstract The purpose of this paper is to demonstrate Amazon.Com, Inc.’s ability to be successful and how other companies compare in building on success in the business world. The marketing concept is to deliver a product or service to consumers where there is a want/need for a targeted audience, while also profiting financially. Businesses success focuses on obtaining the necessary resources, striving towards excellence within the workforce and satisfying the customerRead MoreBusiness Entities Of Corporations And Partnerships Essay946 Words   |  4 Pagesmainly in terms of formation, taxes and liability. This paper is focused primarily on the issue of liability and will address the effects of damages, disclosure requirements and personal liability for both corporations and partnerships. 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