Amazon.com was founded by Jeff Bezos in 1994. It is an American multinational electronic commerce company headquarted in Seattle, Washington. Amazon.com is known to be the largest online bookstore but it also sells all other sources of entertainment including DVDs, CDs, video games, as well as household furniture. Company founder Jeff Bezos claims that he founded Amazon after he realized that he didnt partake in the Internet Boom of the early to mid nineties.
Jeff Bezoz philosophy behind Amazon.com was that bookstores and mail-order catalogs had a finite amount of titles, but an online retailer could offer so muc.h more. He named his company "Amazon" after the world's biggest river, to reflect his vision for a limitless supply of titles.
What made Amazon.com unique was that it didn't plan on having immediate profits. During the internet boom of the mid 90s, many internet companies had immediate and excessive profits, while Amazon's growth was a lot slower. After a lot of internet companies went out of business during the Internet boom, Amazon still grew and turned its first profit in 2001. It has been exceptionally profitable ever since.