INTRODUCTION
INTERNET HISTORY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Lovefilm
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Tesco
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Amazon
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Ebay
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Detailed explanation-1: -Amazon was founded in the garage of Bezos’ rented home in Bellevue, Washington. Bezos’ parents invested almost $250, 000 in the start-up. On July 16, 1995, Amazon opened as an online bookseller, selling the world’s largest collection of books to anyone with World Wide Web access.
Detailed explanation-2: -Its revenues jumped from $15.7 million in 1996 to $148 million in 1997, followed by $610 million in 1998. Amazon.com’s success propelled its founder to become Time magazine’s 1999 Person of the Year. The company expanded rapidly in other areas.
Detailed explanation-3: -When Amazon was founded on July 5, 1994, as a website that only sold books, founder Jeff Bezos had a vision for the company’s explosive growth and ecommerce domination. He knew from the very beginning that he wanted Amazon to be “an everything store."