The world_s most "consumer-centric" company

Published: 8 June 1999 y., Tuesday
Amazon.com Inc. turned another page in the annals of successful e-tailing Monday with its announcement that it had served its 10 millionth customer, the first e-commerce site to do so, in less than four years. Amazon began online bookselling in July of 1995 and by October 1997, it became the first e-tailer to serve 1 million customers. By June 1998 Amazon reached 3 million customers and CDs were added to its inventory, followed by video offerings five months later. In 1998, Amazon totaled 6.2 million customers and has since launched Amazon.com Auctions, as well as a free e-greeting card service. Today_s news that it reached the 10th million customer milestone represents a tenfold gain during the past 21 months, the company said, surging beyond the technically-inclined user to a more mainstream consumer base.
Šaltinis: E-Commerce News Archives
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Innovative Range of Mobile Services

NOKIA: TheFeature.com launches new, innovative mobile information services at CeBIT 2003 more »

The darkest side of ID theft

When impostors are arrested, victims get criminal records more »

search.lt news

search.lt presents newest links more »

FIX uptake is good news for Swift

Interbank payments network Swift is likely to be the primary beneficiary of FIX uptake by European securities firms, according to a survey conducted by London consultancy City IQ. more »

Visa to hide card numbers in bid to cut identity theft

Visa is to require merchants to display only the last four digits of a credit card number on receipts in a bid to combat a rising tide of financial identity crime more »

Norwegian Court Approves DVD Hack Retrial

A Norwegian court has approved prosecutors' appeal of a teenager's acquittal on charges that he created and circulated online a program that cracks the security codes on DVDs more »

Recruitment website's ID theft warning

Fraudsters pose as employers to steal job-seekers' personal details more »

How Web Services Will Change E-Business

IDC has estimated that just 5 percent of U.S. businesses in 2002 had completed a Web services project. But by 2008, the research firm said, 80 percent of firms will have such a project under way. more »

Credit Card Cos. Watch Own Backs

The credit card industry focuses too much on reducing its own fraud costs and not enough on protecting consumers more »

Chipmakers dip processor prices

PC chipmakers Intel and Advanced Micro Devices this week enacted their first sweeping desktop processor price cuts of the year more »