Company Background
Amazon was established in 1994 by Jeff Bezos and was originally named Cadabra. The name was changed to Amazon after the Amazon River, which is the largest in the world, which implies size.
Amazon is doing very well financially, even with the global recession and general economic problems affecting the population. In 2009 it received $902million of income. This meant that the business is now has a total of $13.8billion in money and resources.
Amazon has no actual shops because all transactions are made online. Apart from the company offices, the only buildings that Amazon owns are warehouses where they store the products they are selling.
Amazon was originally an American company, and is still based in Seattle. However due to its popularity and growth it has started to operate in many countries including Europe, Canada, China and Japan.
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