At the time, there were 3 million books in print
Mark Lennihan/APBut when CEOThey were the most practical product choice, and he could offer a much wider selection than any brick-and-mortar retailers could.
To be sure, that description is fitting for the Amazon we know today. But when Bezos was first thinking about launching the company, he knew that a store that sold absolutelyStone writes that Bezos thought up 20 possible product categories, from music to office supplies. Books seemed like the best option, for a few reasons. Customers would always know what they were in for, since one copy of a book is the same as another.
Finally, there were 3 million books in print, which was a lot more than a bookstore like Barnes and Noble could stock.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MacKenzie Bezos to receive 25% of Amazon stock jointly owned with Jeff Bezos in divorce settlementMacKenzie Bezos, the wife of Amazon.com Inc. Founder and Chief Executive Jeff Bezos, will receive about 4% of the company's outstanding stock as part of the...
Read more »
Saudis gained access to Amazon CEO Bezos' phone: Bezos' security chiefThe security chief for Amazon chief executive Jeff Bezos said on Saturday that t...
Read more »
Jeff Bezos' divorce won't affect his voting power at Amazon, because Mackenzie is giving him controlMackenzie Bezos will get 25% of the Bezos' combined stake in the company — about 19.7 million shares — but Jeff Bezos will get to vote the shares.
Read more »
Jeff Bezos' ex-wife cedes control of Amazon in divorce dealMacKenzie Bezos, ex-wife of Amazon.com Inc founder and Chief Executive Officer J...
Read more »
Jeff Bezos reaches divorce settlement, keeps 75 percent of couple's Amazon sharesThe powerful business executive and MacKenzie Bezos made separate announcements on Twitter.
Read more »
Saudis accessed Amazon CEO Jeff Bezos' phone and gained private data, security chief saysBezos is also the owner of The Washington Post, which has run critical coverage of the Trump administration and the Saudi government.
Read more »
Jeff Bezos to keep 75 percent of couple's Amazon stock after finalizing divorceMacKenzie Bezos shared on Twitter Thursday that her and ex-husband Jeff Bezos completed the process of dissolving their marriage.
Read more »
Mackenzie Bezos says she is going to give Jeff 75% of her Amazon sharesTogether Jeff and Mackenzie Bezos own 78.8 million shares of Amazon, good for a 16.05% stake in the company.
Read more »