We are living in world of technology, everything we see around us is digital, like computers, watch, mobile even we do shopping online.
So buying and selling through internet is called electronic commerce or Ecommerce, where people all over the world buy the product and pay through the internet banking transaction.
There are many many successful business in this ecommerce but one of the most successful business through online is www.amazon.com
Amazon.com is an american multinational company and the world larget online retail shop, its headquater is in seattle, washington. The company was founded in 1994, on the 1st year of operation Amazon only used to sell books and couldn't make profit until 1999. But end of 2000 it was the world larget book store, after that internet took a rapid change in world. amazon.com jeff Bezos knew that they can sell other product as well so end of 1999 they start selling movies, in 2005 they start selling designer clothes and other apparels.
After that year Amazon.com was the number one online site in the ecommerce world.
from above chart we can say that how each quarter Amazon is making profit.
References:
www.Amazon.com extracted on 28th of july 2012
www.wikipedia.com extracted on 29th july 2012
www.ecommerce.com extracted on 29th of july 2012
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