Amazon Financial Analysis Paper

Introduction:

This paper is going to analyze and talk about an amazing company, Amazon. It will give us a better understanding of what the financial situation of the company is and how it has come so far. This paper’s main focus will be on Amazon’s financial perspective rather than marketing or human resources management (HRM) or consulting. Before doing analysis of the company, this paper will tell about Amazon’s history, competitors and their products and services. Amazon changed the way people buy product for themselves. Amazon is a company with a website where people can buy products such as books, shoes, cloths, gadgets and accessories etc. (Amazon.com)1 Moreover, people get all those products delivered at home. However, if people don’t

Amazon’s roots are binding in the American soil which means Amazon is an American company based in Seattle and launched in 1995. (09.04.2017, Avery Hartmans, Business Insider, 15 fascinating facts you probably didn’t know about amazon)3 Amazon came a long way through struggling in the past. Amazon founder wanted to give the company name Cadabra but his lawyer convinced him that the Cadabra name sounded too similar to Cadaver particularly over phone. (3) Nevertheless, founder finalized the company name Amazon at the end. Amazon started its business with selling books online. In the first month of its launch, Amazon had already sold books to people in all 50 states and in 45 different countries. (3) Amazon’s founder had an amazing idea and he made that successful because everyone can see that Amazon still exists today. In 1997, Amazon started its public offering (IPO) in Nasdaq and their value was modest 438 million dollars. (15 May 2017, Rani Molla and Jason Del Rey, recode, Amazon’s epic 20-year run as a public company, explained in five charts)4 Through this reader has information that Amazon was a multi-million dollars company. Three years later, in year 2000 Amazon’s third-party seller business launches and Amazon also launched its new logo with arrow running from the A to Z which displays their desire to sell everything from A to Z. (15 Aug 2015, James Quinn, The Telegraph, Amazon timeline: from internet bookshop to world’s biggest online retailer)5 Everyone knows that what happen in start of 21st century. Dot com bubble busted, and many companies could not survive that means they went bankrupt or out of the business. Nevertheless, Amazon survived and moved on with their plan and they were still doing good. There are many people behind the success of Amazon.com but there is one-person, Jeff Bezos, who is really most important to the company because, in the end, he is the owner