Amazon is a pioneer in online retailing. Amazon started and grew in the late 1990s.
Inside 4 months of operation, Amazon website was a great degree well known webpage on the Web, moving high in the rankings by Internet organizations. Amazon offers items from third party understandings, by means of retailers like , Circuit City Stores Inc, the Borders Group, National Leisure Group Inc, and Virgin Wines Waterstones, Expedia Inc, Hotwire, Toysrus.com Inc, Target Corporation.
Sometimes criticized for utilizing Gross merchandise value and market share in overall industry as opposed to profits, Amazon.com shocked everybody to demonstrate its first net benefit in 2001. Amazon collected National Retailer Federation’s award “Retailer of the year” in 2013.
It was likewise included among main 10 worldwide brands in the main 500 worldwide brands 2015 list by a driving industry source gaining practical experience in brand valuation. Amazon was positioned among the main three US retail marks in the main 50 US retail marks 2015 rundown discharged by the same source. The organization offers items in different classes through its e-business site www.amazon.com in the US. The online organization helps Amazon to turn its stock quickly and diminish its stock administration cost what's more, subsequently offer stock at nearly low costs.
Broadening product offering and reinforcing specialized stage through key acquisitions Amazon has been growing its business operations and items. In 2009, the organization obtained Zappos.com, an online attire, footwear and adornments retailer.
In September 2015, AWS aquired Elemental Technologies, one of the main suppliers of programming based video arrangements
The organization's emphasis on item extension will empower it to increase its noteworthy piece of the pie. The fortifying of its specialized stage will help Amazon decrease its working cost and make strides in operational proficiency and permit it to offer more esteem to its clients. Amazon has ruled the quickly developing electronic book market for as far back as couple of years through its tablet gadget, Kindle. Inside nine months of its dispatch, Kindle Fire represented 22% of the US tablet deals.
1.15 Ecommerce companies operating globally were chosen for the ranking
2.All the lastest revenue figures were taken for every brand
3.The companies were ranked on the basis of their revenues to find out the top 10.