Refund rate 0.25%, profits about 10 million dollars per year. This is the result of the world's most largest internet bookstore, amazon.com, which opened in 1994.
During the 1990s when internet technology began to spread through the public, Amazon.com’s CEO, Jeffry P. Bezos, realized that internet users were increasing about 2400% a year. So he decided to start a business based on Internet. H
The first-mover of online auction
The biggest network of online auction in the world
Inimitable auction system
Absence of powerful competitors
A reliable safety device
The lost reputation through impractical M&A
People think auction process is complicated
Negative image of auction
Sellers strain at increase of fees
Rapid growth of e-commerce’s trade volume
Possib
1.1 Definition
Electronic commerce has been simply defined as conducting business on-line. Not only products and services, which are delivered via on-line order process, but also the products, such as computer software program and digitalized music – all kinds of commercial transactions mean E-Commerce. OECD defines electronic commerce as a new way of conducting business qualifying it as b
e-commerce, online payment, and e-communication. We defined the biggest part as e-commerce, which is including not only auction and open market platform, but also price comparing website (shopping.com) and the web site for building online shopping homepage (prostores.com). After acquiring PayPal and Bill Me Later, these online payment companies not only gave profits to eBay, but also made some sy
Profile
American Multinational e-commerce company
The world’s largest online retailer
International market of US, Canada, UK, France, Germany, Italy, Spain, Japan, China
Also expects to launch in Poland, Netherlands and Sweden.
Incorporated in 1994 and went online in 1995
The effects of acquisition
Tight control over operations in China
Easily establish a strong position in the e-reta