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Web Sites Big and Small Participating -- From Film Critics to Chefs to Puppies | /news/news-details/1996/Web-Sites-Big-and-Small-Participating----From-Film-Critics-to-Chefs-to-Puppies/default.aspx | Web-Sites-Big-and-Small-Participating----From-Film-Critics-to-Chefs-to-Puppies | 3,960 | 07/18/1996 00:00:00 | Web Sites Big and Small Participating -- From Film Critics to Chefs to Puppies | 07/18/1996 | 1996 | SEATTLE--(BUSINESS WIRE)--July 18, 1996--Amazon.com Books (www.amazon.com), the leading Internet-based bookstore, is breaking new ground for commerce on the Web with a program announced today called Amazon.com Associates. Through this program, any Web site, whether it attracts only a few visitors or hundreds of thousands of hits, can enhance its content and earn revenue by recommending books. More than 300 Web sites are currently enrolled as Amazon.com Associates, with dozens signing up daily.
With the Amazon.com Associates program, Web sites select books of interest to their visitors and link directly to the Amazon.com 1.1 million title catalogue. Amazon.com handles online ordering, credit card charging, customer service and shipping the books directly to customers. Amazon.com, already recognized as one of the leading electronic retailers, offers Associate customers the same discounted prices and service that has earned its reputation among Web users. Associate Web sites earn a referral fee for their book recommendations.
"Literally thousands of Web sites offer great information and services designed for their visitors, whether it be cooking, astronomy or infinite other topics of interest. With the Amazon.com Associates program, these sites can now add book recommendations," said Jeff Bezos, president and CEO of Amazon.com Books. "By providing a referral fee for these recommendations, Amazon.com has developed an electronic business model that takes advantage of what the Web has to offer."
Starchefs, a Web site featuring America's highest acclaimed chefs and cookbook authors was one of the first Amazon.com Associates. "We at Starchefs think our viewers should have the best the world of cookbooks has to offer. We already feature them on our site. And now, through our association with Amazon.com, we have made it possible for our audience to acquire them in the easiest possible way -- without ever having to leave their homes or offices. Information and convenience! It's a great partnership," said Fern W. Berman, partner Starchefs.com (www.starchefs.com).
As many specialized sites look for ways to build their Web-based businesses, the Associates referral fee approach wins praise. "At Inquiry.com's Ask the VB Pro site (www.inquiry.com/techtips/thev bpro), we offer the latest information on software products and technologies. Participating in `Amazon.com Associates' allows us to sell the latest books on Visual Basic directly from our site," said Eric Smith, Webmaster of Inquiry.com. "Not only do we get to provide this wonderful new service to our visitors, we get a referral fee in the process. Now that makes good business sense."
The Associates program is designed to make it easy for any site, no matter how large or small, to participate. With all the enrollment information on the Amazon.com site, Web sites can complete an application online, set up their book recommendations and link to the Amazon.com catalogue, all in a matter of hours. "Amazon.com made it incredibly easy for us to sell books from our site. We registered, chose the books and within hours they were for sale on our Web site." said Kenneth Troy of Pure Bred Puppynet (www.puppynet.com). "As owners and breeders of Pure-Bred dogs, we know the kind of books that will help our visitors in buying, owning and caring for their beloved pets. Participating in the Amazon.com Associates program has provided us with the capability of actually selling the books we recommend."
Starchefs, Inquiry.com and Puppynet are just three of the more than 300 sites that have already enrolled in the program, with other sites ranging from individual's special interest pages to growing companies also offering and selling books.
Founded by Jeff Bezos in 1994, Amazon.com Inc. is headquartered in Seattle and is privately held. Amazon.com Books is the leading bookstore on the Web, with the world's largest selection of books. The Internet-only bookstore offers a catalogue of 1.1 million titles, easy-to-use search and browse features, email services, Web-based credit card payment and direct shipping to customers. Amazon.com's name pays homage to the Amazon River. Just as the Amazon River is more than eight times the size of the next largest river in the world, Amazon.com's catalogue is more than eight times the size of the largest physical bookstore. | <p>SEATTLE--(BUSINESS WIRE)--July 18, 1996--Amazon.com Books (www.amazon.com), the leading Internet-based bookstore, is breaking new ground for commerce on the Web with a program announced today called Amazon.com Associates. Through this program, any Web site, whether it attracts only a few visitors or hundreds of thousands of hits, can enhance its content and earn revenue by recommending books. More than 300 Web sites are currently enrolled as Amazon.com Associates, with dozens signing up daily.</p><p>With the Amazon.com Associates program, Web sites select books of interest to their visitors and link directly to the Amazon.com 1.1 million title catalogue. Amazon.com handles online ordering, credit card charging, customer service and shipping the books directly to customers. Amazon.com, already recognized as one of the leading electronic retailers, offers Associate customers the same discounted prices and service that has earned its reputation among Web users. Associate Web sites earn a referral fee for their book recommendations.</p><p>"Literally thousands of Web sites offer great information and services designed for their visitors, whether it be cooking, astronomy or infinite other topics of interest. With the Amazon.com Associates program, these sites can now add book recommendations," said Jeff Bezos, president and CEO of Amazon.com Books. "By providing a referral fee for these recommendations, Amazon.com has developed an electronic business model that takes advantage of what the Web has to offer."</p><p>Starchefs, a Web site featuring America's highest acclaimed chefs and cookbook authors was one of the first Amazon.com Associates. "We at Starchefs think our viewers should have the best the world of cookbooks has to offer. We already feature them on our site. And now, through our association with Amazon.com, we have made it possible for our audience to acquire them in the easiest possible way -- without ever having to leave their homes or offices. Information and convenience! It's a great partnership," said Fern W. Berman, partner Starchefs.com (www.starchefs.com).</p><p>As many specialized sites look for ways to build their Web-based businesses, the Associates referral fee approach wins praise. "At Inquiry.com's Ask the VB Pro site (www.inquiry.com/techtips/thev bpro), we offer the latest information on software products and technologies. Participating in `Amazon.com Associates' allows us to sell the latest books on Visual Basic directly from our site," said Eric Smith, Webmaster of Inquiry.com. "Not only do we get to provide this wonderful new service to our visitors, we get a referral fee in the process. Now that makes good business sense."</p><p>The Associates program is designed to make it easy for any site, no matter how large or small, to participate. With all the enrollment information on the Amazon.com site, Web sites can complete an application online, set up their book recommendations and link to the Amazon.com catalogue, all in a matter of hours. "Amazon.com made it incredibly easy for us to sell books from our site. We registered, chose the books and within hours they were for sale on our Web site." said Kenneth Troy of Pure Bred Puppynet (www.puppynet.com). "As owners and breeders of Pure-Bred dogs, we know the kind of books that will help our visitors in buying, owning and caring for their beloved pets. Participating in the Amazon.com Associates program has provided us with the capability of actually selling the books we recommend."</p><p>Starchefs, Inquiry.com and Puppynet are just three of the more than 300 sites that have already enrolled in the program, with other sites ranging from individual's special interest pages to growing companies also offering and selling books.</p><p>Founded by Jeff Bezos in 1994, Amazon.com Inc. is headquartered in Seattle and is privately held. Amazon.com Books is the leading bookstore on the Web, with the world's largest selection of books. The Internet-only bookstore offers a catalogue of 1.1 million titles, easy-to-use search and browse features, email services, Web-based credit card payment and direct shipping to customers. Amazon.com's name pays homage to the Amazon River. Just as the Amazon River is more than eight times the size of the next largest river in the world, Amazon.com's catalogue is more than eight times the size of the largest physical bookstore.</p> |
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Shopping for Books on the Internet Isn't Just for Tech Buyers Anymore; Amazon.com, World's Largest Bookseller, Tracks Who's Buying Online | /news/news-details/1996/Shopping-for-Books-on-the-Internet-Isnt-Just-for-Tech-Buyers-Anymore-Amazon.com-Worlds-Largest-Bookseller-Tracks-Whos-Buying-Online/default.aspx | Shopping-for-Books-on-the-Internet-Isnt-Just-for-Tech-Buyers-Anymore-Amazon.com-Worlds-Largest-Bookseller-Tracks-Whos-Buying-Online | 3,961 | 06/14/1996 00:00:00 | Shopping for Books on the Internet Isn't Just for Tech Buyers Anymore; Amazon.com, World's Largest Bookseller, Tracks Who's Buying Online | 06/14/1996 | 1996 | June 14, 1996--What do Dilbert, Robert Jordan, John Grisham and Lladro collectibles have in common? They are some of the most popular authors -- and subjects -- among book buyers on the Internet today, according to Amazon.com Books, the leading bookstore on the Web, which has the world's largest selection of books. While computer-related books were early favorites, Web buyers are now increasingly likely to choose popular bestsellers or specific subject interests, reflecting the diversity and growing number of people who are using the Web, announced Amazon.com at the American Bookseller's Association conference today.
Amazon.com Books (http://www.amazon.com), which opened its virtual doors on the World Wide Web less than a year ago, offers a catalogue of more than 1 million titles and easy online ordering. The Amazon.com Bestseller List updates the most popular books on the Web each week.
Dilbert, Scott Adams' cartoon character who comments wryly on life amidst computers and managers, was an early favorite among Web-savvy readers. While The Dilbert Principle made headlines in the publishing industry just six weeks ago, when it climbed onto The New York Times Bestseller List (which ranks bookstore sales across the country), all of Adams' Dilbert books have been fixtures on the Amazon.com Bestseller List for months.
Robert Jordan is much better known among the science-fiction and fantasy cognoscenti than among the general public. In fact, Jordan is so popular among his fans that they helped land his latest book, Crown of Swords, on the Amazon.com Bestseller List more than four months before it had even been published. Using Amazon.com's online catalogue and ordering system, droves of fans paid for the book in advance. They used the customer review feature (which allows any Web user to comment on a book listing) to rate the book to actually rate the unpublished book, hoping to persuade Jordan to finish the book early!
The Dilbert Principle and Crown of Swords are signs of the continued popularity of computer-related and science-fiction books, which still rank as the best selling categories among Web book buyers. But they have been joined on the Amazon.com Bestseller list by such authors as John Grisham, Jane Smiley and Stephen King and by such books as Primary colors and I Was Amelia Earhart, which have been sleeper hits among readers nationally. Literary fiction is the number three category among subscribers to Amazon.com's Editor's Service, a unique email notification service which alerts readers to new books in their favorite genres.
"The increasing popularity of national authors at Amazon.com is a sign of changes among Web users," says Jeff Bezos, Amazon.com Books founder and CEO. "Not only are more people around the world using the Web, but they are increasingly comfortable with the convenience of shopping online."
Beyond the bestseller list, Web book buyers are choosing an exceptionally broad range of special interest books. In a recent week at Amazon.com, customers made multiple book purchases on such topics as Lladro collectibles, kosher cooking, veterinary medicine and French film theory, just to name a few.
"Just as the Web is the ideal medium for people to find information on special interests or to meet others who share their interest, no matter how obscure, a Web-based bookstore is the ideal way to find books on a very specific topic," notes Bezos. "With our 1 million title catalogue and customers from more than 95 countries, we are matching readers to books and publishers to customers in new ways. Those individual orders -- from three books on Charlie Chaplin to four books on pulmonary medicine -- are an everchanging snapshot of books and people on the Web today."
Founded by Jeff Bezos in 1994, Amazon.com is headquartered in Seattle and is privately held. Amazon.com Books is the leading bookstore on the Web, with the world's largest selection of books. The Internet-only bookstore offers a catalogue of 1.1 million titles, easy-to-use search and browse features, email services, Web-based credit card payment and direct shipping to customers. Amazon.com's name pays homage to the Amazon River. Just as the Amazon River is more than eight times the size of the world, Amazon.com's catalogue is more than eight times the size of the largest physical bookstore. | <p>June 14, 1996--What do Dilbert, Robert Jordan, John Grisham and Lladro collectibles have in common? They are some of the most popular authors -- and subjects -- among book buyers on the Internet today, according to Amazon.com Books, the leading bookstore on the Web, which has the world's largest selection of books. While computer-related books were early favorites, Web buyers are now increasingly likely to choose popular bestsellers or specific subject interests, reflecting the diversity and growing number of people who are using the Web, announced Amazon.com at the American Bookseller's Association conference today.</p><p>Amazon.com Books (http://www.amazon.com), which opened its virtual doors on the World Wide Web less than a year ago, offers a catalogue of more than 1 million titles and easy online ordering. The Amazon.com Bestseller List updates the most popular books on the Web each week.</p><p>Dilbert, Scott Adams' cartoon character who comments wryly on life amidst computers and managers, was an early favorite among Web-savvy readers. While The Dilbert Principle made headlines in the publishing industry just six weeks ago, when it climbed onto The New York Times Bestseller List (which ranks bookstore sales across the country), all of Adams' Dilbert books have been fixtures on the Amazon.com Bestseller List for months.</p><p>Robert Jordan is much better known among the science-fiction and fantasy cognoscenti than among the general public. In fact, Jordan is so popular among his fans that they helped land his latest book, Crown of Swords, on the Amazon.com Bestseller List more than four months before it had even been published. Using Amazon.com's online catalogue and ordering system, droves of fans paid for the book in advance. They used the customer review feature (which allows any Web user to comment on a book listing) to rate the book to actually rate the unpublished book, hoping to persuade Jordan to finish the book early!</p><p>The Dilbert Principle and Crown of Swords are signs of the continued popularity of computer-related and science-fiction books, which still rank as the best selling categories among Web book buyers. But they have been joined on the Amazon.com Bestseller list by such authors as John Grisham, Jane Smiley and Stephen King and by such books as Primary colors and I Was Amelia Earhart, which have been sleeper hits among readers nationally. Literary fiction is the number three category among subscribers to Amazon.com's Editor's Service, a unique email notification service which alerts readers to new books in their favorite genres.</p><p>"The increasing popularity of national authors at Amazon.com is a sign of changes among Web users," says Jeff Bezos, Amazon.com Books founder and CEO. "Not only are more people around the world using the Web, but they are increasingly comfortable with the convenience of shopping online."</p><p>Beyond the bestseller list, Web book buyers are choosing an exceptionally broad range of special interest books. In a recent week at Amazon.com, customers made multiple book purchases on such topics as Lladro collectibles, kosher cooking, veterinary medicine and French film theory, just to name a few.</p><p>"Just as the Web is the ideal medium for people to find information on special interests or to meet others who share their interest, no matter how obscure, a Web-based bookstore is the ideal way to find books on a very specific topic," notes Bezos. "With our 1 million title catalogue and customers from more than 95 countries, we are matching readers to books and publishers to customers in new ways. Those individual orders -- from three books on Charlie Chaplin to four books on pulmonary medicine -- are an everchanging snapshot of books and people on the Web today."</p><p>Founded by Jeff Bezos in 1994, Amazon.com is headquartered in Seattle and is privately held. Amazon.com Books is the leading bookstore on the Web, with the world's largest selection of books. The Internet-only bookstore offers a catalogue of 1.1 million titles, easy-to-use search and browse features, email services, Web-based credit card payment and direct shipping to customers. Amazon.com's name pays homage to the Amazon River. Just as the Amazon River is more than eight times the size of the world, Amazon.com's catalogue is more than eight times the size of the largest physical bookstore.</p> |
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Amazon.com Completes $75 Million Credit Facility | /news/news-details/1997/Amazon.com-Completes-75-Million-Credit-Facility/default.aspx | Amazon.com-Completes-75-Million-Credit-Facility | 3,962 | 12/30/1997 00:00:00 | Amazon.com Completes $75 Million Credit Facility | 12/30/1997 | 1997 | SEATTLE, WA (December 29, 1997)-- Amazon.com, Inc. (Nasdaq: AMZN) today announced that it had completed a $75 million, three-year credit facility led by Deutsche Morgan Grenfell, Inc. Additional information concerning the facility is included in the company's Form 8-K report dated November 7, 1997, filed with the Securities and Exchange Commission.
"This fully-funded credit facility provides Amazon.com with substantially increased resources to execute its long-term strategy," said Joy Covey, Amazon.com's Chief Financial Officer. "The additional $75 million in our possession will enhance the company's flexibility as we pursue our goal of extending our leading position in this competitive market. We intend to invest aggressively in building our business and brand, enhancing and expanding our product and service offerings and broadening our distribution relationships," Covey added.
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite.com, GeoCities, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10-Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.
Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone (206) 622-2335.
Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners. | <p>SEATTLE, WA (December 29, 1997)-- Amazon.com, Inc. (Nasdaq: AMZN) today announced that it had completed a $75 million, three-year credit facility led by Deutsche Morgan Grenfell, Inc. Additional information concerning the facility is included in the company's Form 8-K report dated November 7, 1997, filed with the Securities and Exchange Commission.</p><p>"This fully-funded credit facility provides Amazon.com with substantially increased resources to execute its long-term strategy," said Joy Covey, Amazon.com's Chief Financial Officer. "The additional $75 million in our possession will enhance the company's flexibility as we pursue our goal of extending our leading position in this competitive market. We intend to invest aggressively in building our business and brand, enhancing and expanding our product and service offerings and broadening our distribution relationships," Covey added.</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite.com, GeoCities, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10-Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.</p><p>Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone (206) 622-2335.</p><p>Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p> |
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Amazon.com Issues Statement Regarding Barnes & Noble-AOL Commerce Agreement | /news/news-details/1997/Amazon.com-Issues-Statement-Regarding-Barnes--Noble-AOL-Commerce-Agreement/default.aspx | Amazon.com-Issues-Statement-Regarding-Barnes--Noble-AOL-Commerce-Agreement | 3,963 | 12/18/1997 00:00:00 | Amazon.com Issues Statement Regarding Barnes & Noble-AOL Commerce Agreement | 12/18/1997 | 1997 | SEATTLE, WA (December 18, 1997)-- Amazon.com (Nasdaq: AMZN) said today that the Barnes & Noble/America Online commerce agreement has no effect on Amazon.com's existing position as an exclusive bookseller on America Online.
Amazon.com announced a three-year exclusive bookseller agreement with AOL in July of this year. Under the terms of the agreement, Amazon.com is the exclusive bookseller on AOL.com and AOL's NetFind search engine. In addition, Amazon.com has multi-year exclusive and premier bookseller relationships with 5 of the top 6 sites on the World Wide Web: AOL.com, Yahoo!, Netscape, GeoCities, and Excite.
"Amazon.com is and continues to be one of AOL's strongest partners," said Bob Pittman, president and chief executive officer of AOL Networks. "With the impressive results Amazon.com continues to garner, we feel very strongly about this partnership and are looking forward to working together with Amazon.com in the future and to build on this relationship," continued Pittman.
"Of all the online bookstores, Amazon.com has the biggest selection, is the easiest to use, and offers the lowest prices," said Jeff Bezos, founder and CEO of Amazon.com. "Amazon.com is providing the best possible online experience for book buyers and is the clear leader in online bookselling with a PC Meter (Media Metrix) reach of 5.9% compared to its nearest competitor's 1.5%."
Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network.
Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-Click(SM) technology.
Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: 206-622-2335.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.
Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc. All other names are trademarks and/or registered trademarks of their respective owners. | <p>SEATTLE, WA (December 18, 1997)-- Amazon.com (Nasdaq: AMZN) said today that the Barnes & Noble/America Online commerce agreement has no effect on Amazon.com's existing position as an exclusive bookseller on America Online.</p><p>Amazon.com announced a three-year exclusive bookseller agreement with AOL in July of this year. Under the terms of the agreement, Amazon.com is the exclusive bookseller on AOL.com and AOL's NetFind search engine. In addition, Amazon.com has multi-year exclusive and premier bookseller relationships with 5 of the top 6 sites on the World Wide Web: AOL.com, Yahoo!, Netscape, GeoCities, and Excite.</p><p>"Amazon.com is and continues to be one of AOL's strongest partners," said Bob Pittman, president and chief executive officer of AOL Networks. "With the impressive results Amazon.com continues to garner, we feel very strongly about this partnership and are looking forward to working together with Amazon.com in the future and to build on this relationship," continued Pittman.</p><p>"Of all the online bookstores, Amazon.com has the biggest selection, is the easiest to use, and offers the lowest prices," said Jeff Bezos, founder and CEO of Amazon.com. "Amazon.com is providing the best possible online experience for book buyers and is the clear leader in online bookselling with a PC Meter (Media Metrix) reach of 5.9% compared to its nearest competitor's 1.5%."</p><p>Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network.</p><p>Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-Click(SM) technology.</p><p>Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: 206-622-2335.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.</p><p>Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p> |
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'Twas the Night Before Christmas and... You Haven't Shopped Yet?!? Amazon.com Saves the Day With E-Mail Gift Certificates | /news/news-details/1997/Twas-the-Night-Before-Christmas-and...-You-Havent-Shopped-Yet-Amazon.com-Saves-the-Day-With-E-Mail-Gift-Certificates/default.aspx | Twas-the-Night-Before-Christmas-and...-You-Havent-Shopped-Yet-Amazon.com-Saves-the-Day-With-E-Mail-Gift-Certificates | 3,964 | 12/18/1997 00:00:00 | 'Twas the Night Before Christmas and... You Haven't Shopped Yet?!? Amazon.com Saves the Day With E-Mail Gift Certificates | 12/18/1997 | 1997 | 'Twas the Night Before Christmas and... You Haven't Shopped Yet?!? Amazon.com Saves the Day With E-mail Gift Certificates
SEATTLE, WA (December 18, 1997)-- Amazon.com, Earth's Biggest Bookstore, has just three soothing words for all the stressed-out, extremely last minute shoppers out there -- e-mail gift certificates. For an almost instantaneous gift that can be sent as late as December 25th, customers can order e-mail gift certificates in a matter of minutes through the Amazon.com Gift Center.
"Amazon.com gift certificates are the best solution if you're down to the wire and still wracking your brain to find just the right present for someone," said Jeff Bezos, Amazon.com founder and CEO. "And if you wake up at 11:59 on Christmas Eve because you forgot a gift, make a quick trip to your PC, log on to Amazon.com and send a gift certificate via e-mail. You'll soon be sleeping soundly knowing that your gift will arrive on time."
Corporate Gift-Giving
Amazon.com gift certificates also provide corporations with an easy, personalized way to thank or reward employees, vendors and clients during the holidays. Through a special, limited-time offer, Amazon.com will process multiple gift certificate orders for 10 or more recipients. Companies can choose from paper or email certificates and have them delivered with a customized gift message to each individual. All corporate orders for multiple gift certificates must be placed by December 24th.
With a catalog of 2.5 million titles to choose from, gift certificate recipients can find books that exactly match their personalities and passions. "When you know there's someone on your list who loves books, but you don't know what they've currently got on their nightstand, our gift certificates give them the freedom to choose what they want," said Bezos.
The Amazon.com Gift Center features thousands of book recommendations and personalized gift-matching services for grownups and kids alike. In addition, customers also can choose from thousands of audio books and hundreds of calendars. Customers also benefit from Amazon.com's everyday low prices on more than 400,000 titles-40% off selected titles, 30% off hardcovers and audio books, 20% off paper backs and calendars, and up to 89% off special value editions.
Amazon.com's Safe Shopping Guarantee
Every credit-card purchase customers make at Amazon.com is backed by a security guarantee. If any unauthorized use of a customer's credit card occurs as a result of their credit-card purchase from Amazon.com, the customer can simply notify their credit-card provider in accordance with its reporting rules and procedures. If, through no fault of the customer, their credit-card company finds credit-card fraud but does not waive their entire liability for unauthorized charges, Amazon.com. will reimburse the customer for the remaining liability, up to a maximum of fifty dollars U.S. ($50).
Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web- based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-Click(SM) technology.
Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: 206-622-2335.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.
Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc.
All other names are trademarks and/or registered trademarks of their respective owners. | <p>'Twas the Night Before Christmas and... You Haven't Shopped Yet?!? Amazon.com Saves the Day With E-mail Gift Certificates</p><p>SEATTLE, WA (December 18, 1997)-- Amazon.com, Earth's Biggest Bookstore, has just three soothing words for all the stressed-out, extremely last minute shoppers out there -- e-mail gift certificates. For an almost instantaneous gift that can be sent as late as December 25th, customers can order e-mail gift certificates in a matter of minutes through the Amazon.com Gift Center.</p><p>"Amazon.com gift certificates are the best solution if you're down to the wire and still wracking your brain to find just the right present for someone," said Jeff Bezos, Amazon.com founder and CEO. "And if you wake up at 11:59 on Christmas Eve because you forgot a gift, make a quick trip to your PC, log on to Amazon.com and send a gift certificate via e-mail. You'll soon be sleeping soundly knowing that your gift will arrive on time."</p><p>Corporate Gift-Giving</p><p>Amazon.com gift certificates also provide corporations with an easy, personalized way to thank or reward employees, vendors and clients during the holidays. Through a special, limited-time offer, Amazon.com will process multiple gift certificate orders for 10 or more recipients. Companies can choose from paper or email certificates and have them delivered with a customized gift message to each individual. All corporate orders for multiple gift certificates must be placed by December 24th.</p><p>With a catalog of 2.5 million titles to choose from, gift certificate recipients can find books that exactly match their personalities and passions. "When you know there's someone on your list who loves books, but you don't know what they've currently got on their nightstand, our gift certificates give them the freedom to choose what they want," said Bezos.</p><p>The Amazon.com Gift Center features thousands of book recommendations and personalized gift-matching services for grownups and kids alike. In addition, customers also can choose from thousands of audio books and hundreds of calendars. Customers also benefit from Amazon.com's everyday low prices on more than 400,000 titles-40% off selected titles, 30% off hardcovers and audio books, 20% off paper backs and calendars, and up to 89% off special value editions.</p><p>Amazon.com's Safe Shopping Guarantee</p><p>Every credit-card purchase customers make at Amazon.com is backed by a security guarantee. If any unauthorized use of a customer's credit card occurs as a result of their credit-card purchase from Amazon.com, the customer can simply notify their credit-card provider in accordance with its reporting rules and procedures. If, through no fault of the customer, their credit-card company finds credit-card fraud but does not waive their entire liability for unauthorized charges, Amazon.com. will reimburse the customer for the remaining liability, up to a maximum of fifty dollars U.S. ($50).</p><p>Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web- based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-Click(SM) technology.</p><p>Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: 206-622-2335.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.</p><p>Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc.</p><p>All other names are trademarks and/or registered trademarks of their respective owners.</p> |
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Amazon.com and Geocities Strike Exclusive Bookseller Agreement | /news/news-details/1997/Amazon.com-and-Geocities-Strike-Exclusive-Bookseller-Agreement/default.aspx | Amazon.com-and-Geocities-Strike-Exclusive-Bookseller-Agreement | 3,965 | 12/03/1997 00:00:00 | Amazon.com and Geocities Strike Exclusive Bookseller Agreement | 12/03/1997 | 1997 | Earth's Biggest Bookstore and the World's Largest and Fastest Growing Internet Community Team Up to Provide Users New Features and Services
SEATTLE, WA (December 3, 1997)-- Amazon.com, Earth's Biggest Bookstore (Nasdaq: AMZN) and GeoCities, the world's largest and fastest growing community on the Internet, today announced an agreement naming Amazon.com (www.amazon.com) the exclusive bookseller on GeoCities (www.geocities.com). In addition, GeoCities will incorporate Amazon.com throughout its 39 themed communities, offering GeoCities members and visitors new book features and services based on their areas of interest.
Under the terms of the agreement, Amazon.com will be an anchor tenant in the GeoCities Marketplace and will have a prominent position on the GeoCities home page, neighborhood home pages, and neighborhood topic pages, providing GeoCities members and visitors easy access to Amazon.com's catalog of more than 2.5 million books. In addition, the two companies will team up in co-marketing efforts designed to attract GeoCities members, or "Homesteaders" to Amazon.com's successful Associates Program, providing Homesteaders the opportunity to sell books directly from their home pages through Amazon.com. A "Book Guide" program will also be created which will enable users to host chat sessions and provide bulletin boards about books, authors, and book genres, and to easily find Book Guides that are currently in operation. A combination of banners in high-traffic areas, targeted pop-up advertisements, interstitials, and other promotional programs will also be used to promote book buying opportunities through Amazon.com to GeoCities users.
"As the largest and fastest growing community on the Internet, GeoCities already offers our millions of members and visitors a variety of valuable shopping opportunities," said David Bohnett, president and CEO of GeoCities. "We recognize that expanding our online commerce offerings enhances this value proposition for our users and we are excited to be partnering with Amazon.com to further this mission."
"Amazon.com's Associates Program gives communities across the Web a chance to profitably marry their areas of interest with our bookstore," said Jeff Bezos, Amazon.com founder and CEO. "We currently have more than 21,000 Associate members who have enrolled to sell books from their sites and we are particularly enthusiastic to extend the advantages of this program to the more than one million members of the GeoCities Homesteader community."
Based in Santa Monica, CA, with advertising sales offices in New York and San Francisco, GeoCities (www.geocities.com) is the largest community of free home pages on the Web. The site currently receives more than 477 million page views and 77 million individual visits each month, according to IPRO's September 1997 report. PC Meter's latest analysis (September 1997) reported that one in five Internet users visited GeoCities in the month of September. In January of 1997, the company closed on a $9.0 million round of venture capital financing from SOFTBANK Holdings Inc., Chase Capital Partners, InnoCal, CMG@Ventures and Flatiron Partners. Recently, SOFTBANK Corporation of Japan and GeoCities launched a joint venture to develop an Internet-related company in Japan.
Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL .com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.
Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: (206) 622-2335.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.
Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc. All other names are trademarks and/or registered trademarks of their respective owners. | <p>Earth's Biggest Bookstore and the World's Largest and Fastest Growing Internet Community Team Up to Provide Users New Features and Services</p><p>SEATTLE, WA (December 3, 1997)-- Amazon.com, Earth's Biggest Bookstore (Nasdaq: AMZN) and GeoCities, the world's largest and fastest growing community on the Internet, today announced an agreement naming Amazon.com (www.amazon.com) the exclusive bookseller on GeoCities (www.geocities.com). In addition, GeoCities will incorporate Amazon.com throughout its 39 themed communities, offering GeoCities members and visitors new book features and services based on their areas of interest.</p><p>Under the terms of the agreement, Amazon.com will be an anchor tenant in the GeoCities Marketplace and will have a prominent position on the GeoCities home page, neighborhood home pages, and neighborhood topic pages, providing GeoCities members and visitors easy access to Amazon.com's catalog of more than 2.5 million books. In addition, the two companies will team up in co-marketing efforts designed to attract GeoCities members, or "Homesteaders" to Amazon.com's successful Associates Program, providing Homesteaders the opportunity to sell books directly from their home pages through Amazon.com. A "Book Guide" program will also be created which will enable users to host chat sessions and provide bulletin boards about books, authors, and book genres, and to easily find Book Guides that are currently in operation. A combination of banners in high-traffic areas, targeted pop-up advertisements, interstitials, and other promotional programs will also be used to promote book buying opportunities through Amazon.com to GeoCities users.</p><p>"As the largest and fastest growing community on the Internet, GeoCities already offers our millions of members and visitors a variety of valuable shopping opportunities," said David Bohnett, president and CEO of GeoCities. "We recognize that expanding our online commerce offerings enhances this value proposition for our users and we are excited to be partnering with Amazon.com to further this mission."</p><p>"Amazon.com's Associates Program gives communities across the Web a chance to profitably marry their areas of interest with our bookstore," said Jeff Bezos, Amazon.com founder and CEO. "We currently have more than 21,000 Associate members who have enrolled to sell books from their sites and we are particularly enthusiastic to extend the advantages of this program to the more than one million members of the GeoCities Homesteader community."</p><p>Based in Santa Monica, CA, with advertising sales offices in New York and San Francisco, GeoCities (www.geocities.com) is the largest community of free home pages on the Web. The site currently receives more than 477 million page views and 77 million individual visits each month, according to IPRO's September 1997 report. PC Meter's latest analysis (September 1997) reported that one in five Internet users visited GeoCities in the month of September. In January of 1997, the company closed on a $9.0 million round of venture capital financing from SOFTBANK Holdings Inc., Chase Capital Partners, InnoCal, CMG@Ventures and Flatiron Partners. Recently, SOFTBANK Corporation of Japan and GeoCities launched a joint venture to develop an Internet-related company in Japan.</p><p>Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL .com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.</p><p>Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: (206) 622-2335.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.</p><p>Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p> |
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Amazon.com Announces New Deeper Discounts | /news/news-details/1997/Amazon.com-Announces-New-Deeper-Discounts/default.aspx | Amazon.com-Announces-New-Deeper-Discounts | 3,966 | 11/21/1997 00:00:00 | Amazon.com Announces New Deeper Discounts | 11/21/1997 | 1997 | 30% Off Audiobooks, 20% Off Calendars, Up to 89% Off Value Books
SEATTLE, WA (November 21, 1997)-- Effective today, Amazon.com, Inc. (Nasdaq: AMZN), Earth's Biggest Bookstore, is deeply discounting virtually all audiobooks (more than 30,000 audiobooks) as well as virtually all 1998 calendars in all categories (more than 1,000 calendars). The discount on audiobooks is 30 percent, and the calendar discount is 20 percent. Audiobooks and calendars round out holiday gift-giving, and customers will appreciate the new savings. In addition, book lovers looking to spend less will love Amazon.com's new special value editions, with discounts of up to 89 percent.
These new discounts are in addition to Amazon.com's already low everyday prices of up to 40 percent off on 400,000 books in its catalog of 2.5 million titles.
Expensive and Rare Books
For those looking to give a truly exceptional gift, Amazon.com today introduces a selection of exceedingly rare gift books, including a first edition of Thomas Hardy's classic, Tess of the Urbervilles ($10,000.00), and a handwritten letter by Thomas Jefferson ($34,000.00).
"We're absolutely committed to providing our customers with exceptional values on an exceptional selection of books. We now offer great books for as little as $5.00 and as much as $50,000.00. These new discounts and our expanded selection are simply additional steps to deliver the best shopping experience to our customers," said Jeff Bezos, Amazon.com founder and CEO.
These discounts and features complement the earlier launch of Amazon.com's holiday Gift Center, a powerful recommendation service that includes thousands of gift ideas from Amazon.com's editors, dynamic new personalized gift-matching services (specialized for both adults and children), gift certificates, and much more.
Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.
Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone (206) 622-2335.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.
Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc. All other names are trademarks and/or registered trademarks of their respective owners. | <p>30% Off Audiobooks, 20% Off Calendars, Up to 89% Off Value Books</p><p>SEATTLE, WA (November 21, 1997)-- Effective today, Amazon.com, Inc. (Nasdaq: AMZN), Earth's Biggest Bookstore, is deeply discounting virtually all audiobooks (more than 30,000 audiobooks) as well as virtually all 1998 calendars in all categories (more than 1,000 calendars). The discount on audiobooks is 30 percent, and the calendar discount is 20 percent. Audiobooks and calendars round out holiday gift-giving, and customers will appreciate the new savings. In addition, book lovers looking to spend less will love Amazon.com's new special value editions, with discounts of up to 89 percent.</p><p>These new discounts are in addition to Amazon.com's already low everyday prices of up to 40 percent off on 400,000 books in its catalog of 2.5 million titles.</p><p>Expensive and Rare Books</p><p>For those looking to give a truly exceptional gift, Amazon.com today introduces a selection of exceedingly rare gift books, including a first edition of Thomas Hardy's classic, Tess of the Urbervilles ($10,000.00), and a handwritten letter by Thomas Jefferson ($34,000.00).</p><p>"We're absolutely committed to providing our customers with exceptional values on an exceptional selection of books. We now offer great books for as little as $5.00 and as much as $50,000.00. These new discounts and our expanded selection are simply additional steps to deliver the best shopping experience to our customers," said Jeff Bezos, Amazon.com founder and CEO.</p><p>These discounts and features complement the earlier launch of Amazon.com's holiday Gift Center, a powerful recommendation service that includes thousands of gift ideas from Amazon.com's editors, dynamic new personalized gift-matching services (specialized for both adults and children), gift certificates, and much more.</p><p>Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.</p><p>Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone (206) 622-2335.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.</p><p>Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p> |
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Amazon.com Celebrates Opening of Second Distribution Center | /news/news-details/1997/Amazon.com-Celebrates-Opening-of-Second-Distribution-Center/default.aspx | Amazon.com-Celebrates-Opening-of-Second-Distribution-Center | 3,967 | 11/18/1997 00:00:00 | Amazon.com Celebrates Opening of Second Distribution Center | 11/18/1997 | 1997 | Earth's Biggest Bookstore Expands Capacity and Speed of Delivery Time to Customers with Second State-of-the-Art Distribution Center in New Castle, Delaware
NEW CASTLE, DE and SEATTLE, WA (November 18, 1997)-- Online bookseller Amazon.com (Nasdaq: AMZN) today officially opened its second distribution center--in New Castle, Delaware--in a ribbon-cutting ceremony officiated at by Amazon.com Founder and CEO Jeff Bezos and Delaware Governor Thomas Carper. The 200,000-square-foot state-of-the-art distribution center, the length of three football fields, together with the expansion of its Seattle distribution center, increases the company's stocking and shipping capacities to nearly six times their previous levels.
The new Delaware distribution center positions Amazon.com closer to its East Coast customers and provides immediate reductions in shipping times for many Amazon.com book buyers. The distribution center also brings the company closer to East Coast publishers, who benefit from faster shipping and receiving service.
"Now with distribution centers on both coasts, we can dramatically reduce order-to-mailbox time for Amazon.com customers everywhere," Bezos said.
Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.
Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone (206) 622-2335.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.
Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc. All other names are trademarks and/or registered trademarks of their respective owners. | <p>Earth's Biggest Bookstore Expands Capacity and Speed of Delivery Time to Customers with Second State-of-the-Art Distribution Center in New Castle, Delaware</p><p>NEW CASTLE, DE and SEATTLE, WA (November 18, 1997)-- Online bookseller Amazon.com (Nasdaq: AMZN) today officially opened its second distribution center--in New Castle, Delaware--in a ribbon-cutting ceremony officiated at by Amazon.com Founder and CEO Jeff Bezos and Delaware Governor Thomas Carper. The 200,000-square-foot state-of-the-art distribution center, the length of three football fields, together with the expansion of its Seattle distribution center, increases the company's stocking and shipping capacities to nearly six times their previous levels.</p><p>The new Delaware distribution center positions Amazon.com closer to its East Coast customers and provides immediate reductions in shipping times for many Amazon.com book buyers. The distribution center also brings the company closer to East Coast publishers, who benefit from faster shipping and receiving service.</p><p>"Now with distribution centers on both coasts, we can dramatically reduce order-to-mailbox time for Amazon.com customers everywhere," Bezos said.</p><p>Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.</p><p>Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone (206) 622-2335.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.</p><p>Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p> |
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Amazon.com Rings in the Holidays with the Ultimate Online Shopping Solution | /news/news-details/1997/Amazon.com-Rings-in-the-Holidays-with-the-Ultimate-Online-Shopping-Solution/default.aspx | Amazon.com-Rings-in-the-Holidays-with-the-Ultimate-Online-Shopping-Solution | 3,968 | 11/18/1997 00:00:00 | Amazon.com Rings in the Holidays with the Ultimate Online Shopping Solution | 11/18/1997 | 1997 | Earth's Biggest Bookstore makes it fast, fun, and convenient to find and send the perfect gifts this holiday season SEATTLE, WA (November 18, 1997)-- Amazon.com, Earth's Biggest Bookstore (Nasdaq: AMZN), is suiting up for the holidays with the launch of an innovative new Gift Center that makes Amazon.com the perfect one-stop, online-shopping solution for book lovers everywhere this holiday season.
The powerful new features of the Amazon.com Gift Center–including thousands of gift recommendations from Amazon.com's editors, dynamic new personalized gift-matching services (one for grownups and one for kids), and gift certificates–make it simple, fast, and fun to find and send the best gifts this holiday season.
"Books are ideal gifts for the holidays or any other time of year," said Jeff Bezos, founder and CEO of Amazon.com. "With more than 2.5 million titles in our catalog, we've got something for everyone, no matter what age, personality, or passion–from Beginning Java to Green Eggs and Ham and everything in-between."
"With a few simple mouse clicks, customers can select and order their gifts, choose any of 10 festive gift-wraps, and have their packages wrapped and sent with a personalized message anywhere in the world. This is especially good news for those who don't want to fight bad weather, traffic, and shopping mall crowds," adds Bezos.
About the Amazon.com Gift Center
The new Gift Center augments Amazon.com's powerful recommendation services, making it faster and easier than ever for book lovers to find a tailor-made gift for each person on their shopping lists. For the holiday-focused launch, the Gift Center features thousands of recommendations in such popular gift-giving categories as "Stocking Stuffers," "For the Person Who Has Everything," and "Kids' Books."
Customers who prefer to shop by subject can easily enlarge their searches to encompass thousands of subjects in 24 easy-to-navigate subject categories: from mystery, music, and biographies to art, audiobooks, and history. Each subject category provides book excerpts, reviews, Essential Bookshelves, recommended reads, bestsellers, award winners, great gift ideas, and more.
Gift Certificates
Customers looking for a guarantee that those on their list will get exactly what they want this holiday season, and throughout the year, now have the option of sending Amazon.com gift certificates. Delivered in traditional paper form or via e-mail, Amazon.com gift certificates make it fun and easy to delight a hard-to-please friend or dazzle a dad who has it all. Online gift certificates are an innovative new way to send gifts to Internet friends and business associates, as an e-mail address is all that is required. Also, for the last-minute shopper, online gift certificates can be sent up to the very last minute and still arrive in time for the holidays. Amazon.com gift certificates can be issued in any dollar amount between U.S. $10.00 and U.S. $500.00.
Special Features for Kids
Home to more than 100,000 books for children and young adults, Amazon.com has added a special Gift Ideas for Kids feature in the Gift Center to help adults find the perfect books for children of any age and any personality. With Gift Ideas for Kids, for example, it's easy to find the perfect gift books for the insect lover who's crazy about bugs and spiders, and the ballerina who's passionate about purple.
In response to customer requests, Amazon.com has also added a new feature that makes it easy to search for children's books by age range. For example, finding the perfect "moon" book for a preschooler or a 10-year-old is as simple as entering "moon" and clicking on the appropriate target age range. A list of recommendations for a preschooler would include Goodnight Moon, whereas Apollo to the Moon would appear on a recommendation list for a 10-year-old.
"We've worked hard at Amazon.com to make gift shopping easier than ever for our customers," adds Bezos, "leaving more time for them to enjoy their family and friends instead."
Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.
Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone (206) 622-2335.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.
Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc. All other names are trademarks and/or registered trademarks of their respective owners. | <p>Earth's Biggest Bookstore makes it fast, fun, and convenient to find and send the perfect gifts this holiday season SEATTLE, WA (November 18, 1997)-- Amazon.com, Earth's Biggest Bookstore (Nasdaq: AMZN), is suiting up for the holidays with the launch of an innovative new Gift Center that makes Amazon.com the perfect one-stop, online-shopping solution for book lovers everywhere this holiday season.</p><p>The powerful new features of the Amazon.com Gift Center–including thousands of gift recommendations from Amazon.com's editors, dynamic new personalized gift-matching services (one for grownups and one for kids), and gift certificates–make it simple, fast, and fun to find and send the best gifts this holiday season.</p><p>"Books are ideal gifts for the holidays or any other time of year," said Jeff Bezos, founder and CEO of Amazon.com. "With more than 2.5 million titles in our catalog, we've got something for everyone, no matter what age, personality, or passion–from Beginning Java to Green Eggs and Ham and everything in-between."</p><p>"With a few simple mouse clicks, customers can select and order their gifts, choose any of 10 festive gift-wraps, and have their packages wrapped and sent with a personalized message anywhere in the world. This is especially good news for those who don't want to fight bad weather, traffic, and shopping mall crowds," adds Bezos.</p><p>About the Amazon.com Gift Center</p><p>The new Gift Center augments Amazon.com's powerful recommendation services, making it faster and easier than ever for book lovers to find a tailor-made gift for each person on their shopping lists. For the holiday-focused launch, the Gift Center features thousands of recommendations in such popular gift-giving categories as "Stocking Stuffers," "For the Person Who Has Everything," and "Kids' Books."</p><p>Customers who prefer to shop by subject can easily enlarge their searches to encompass thousands of subjects in 24 easy-to-navigate subject categories: from mystery, music, and biographies to art, audiobooks, and history. Each subject category provides book excerpts, reviews, Essential Bookshelves, recommended reads, bestsellers, award winners, great gift ideas, and more.</p><p>Gift Certificates</p><p>Customers looking for a guarantee that those on their list will get exactly what they want this holiday season, and throughout the year, now have the option of sending Amazon.com gift certificates. Delivered in traditional paper form or via e-mail, Amazon.com gift certificates make it fun and easy to delight a hard-to-please friend or dazzle a dad who has it all. Online gift certificates are an innovative new way to send gifts to Internet friends and business associates, as an e-mail address is all that is required. Also, for the last-minute shopper, online gift certificates can be sent up to the very last minute and still arrive in time for the holidays. Amazon.com gift certificates can be issued in any dollar amount between U.S. $10.00 and U.S. $500.00.</p><p>Special Features for Kids</p><p>Home to more than 100,000 books for children and young adults, Amazon.com has added a special Gift Ideas for Kids feature in the Gift Center to help adults find the perfect books for children of any age and any personality. With Gift Ideas for Kids, for example, it's easy to find the perfect gift books for the insect lover who's crazy about bugs and spiders, and the ballerina who's passionate about purple.</p><p>In response to customer requests, Amazon.com has also added a new feature that makes it easy to search for children's books by age range. For example, finding the perfect "moon" book for a preschooler or a 10-year-old is as simple as entering "moon" and clicking on the appropriate target age range. A list of recommendations for a preschooler would include Goodnight Moon, whereas Apollo to the Moon would appear on a recommendation list for a 10-year-old.</p><p>"We've worked hard at Amazon.com to make gift shopping easier than ever for our customers," adds Bezos, "leaving more time for them to enjoy their family and friends instead."</p><p>Amazon.com Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the AltaVista Search Service, @Home Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, secure Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.</p><p>Amazon.com is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone (206) 622-2335.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the third quarter ended September 30, 1997, both filed with the Securities and Exchange Commission.</p><p>Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p> |
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Amazon.com and @Home Network Sign Multiyear Agreement to Sell Books Over the @Home Service | /news/news-details/1997/Amazon.com-and-Home-Network-Sign-Multiyear-Agreement-to-Sell-Books-Over-the-Home-Service/default.aspx | Amazon.com-and-Home-Network-Sign-Multiyear-Agreement-to-Sell-Books-Over-the-Home-Service | 3,969 | 11/10/1997 00:00:00 | Amazon.com and @Home Network Sign Multiyear Agreement to Sell Books Over the @Home Service | 11/10/1997 | 1997 | Earth's Biggest Bookstore and @Home Network Offer Users Direct Access to Leading Online Bookseller
SEATTLE, WA and REDWOOD CITY, CA (November 10, 1997)-- Amazon.com, Inc. (Nasdaq: AMZN) the leading online book retailer, and @Home Network (NASDAQ: ATHM) the leader in high-speed Internet services via the cable infrastructure, today announced a multi-year agreement whereby Amazon.com (www.amazon.com) will be the premier bookseller throughout the @Home service. @Home users will have high-speed, direct access to browse and purchase books from Amazon.com's catalog of more than 2.5 million books. These services are expected to be integrated into @Home's service by the end of the year. Under the terms of the agreement, Earth's Biggest Bookstore will be the premier bookseller on the @Home Network's shopping service, book directories, and search pages. @Home users also will have direct access to Amazon.com's fast and easy search and browse services through contextual links in @Home's editorial content. This agreement marks the first time Amazon.com has formed a strategic alliance with a cable Internet service provider.
"By leveraging @Home's high-speed capabilities, broadband content, and unique user interface, this agreement clearly demonstrates our ability to build an effective portal for merchants," said Charles Moldow, @Home Network's Vice President of Media Development. "We expect our broadband environment to provide significantly higher revenues than merchants in the narrowband space, as our users can browse and shop effortlessly for a bestseller or a book on a specialized subject in Earth's Biggest Bookstore."
"This deal matches huge selection with a broadband environment to provide our customers with a high-octane way to access our store," said George Aposporos, Amazon.com's Vice President of Business Development. "As the premier bookseller on the @Home service, we have maximized our position in the emerging cable Internet market."
Based in Redwood City, California, @Home Network
(http://www.home.net) distributes high-speed interactive services to residences and businesses using its own network architecture and a variety of transport options including the cable industry's hybrid-fiber coaxial infrastructure. The cable connection provides users significant increases in speed over conventional Internet services. Leveraging the always on attributes of cable, @Home allows for unique multimedia applications that go beyond current Web experiences. Since its founding in May 1995, @Home Network has reached affiliate agreements with eight leading cable companies in North America, including Tele-Communications Inc., Cablevision Systems Corp., Comcast Corporation, Cox Communications, InterMedia Partners, Marcus Cable, Rogers Cablesystems Limited, and Shaw Communications.
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the Alta Vista Search Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.
Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: (206) 622-2335.
This press release contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, the amount of time required to integrate the @Home and Amazon.com services, Amazon.com's and @Home's limited operating history, the unpredictability of their future revenues, and the risks associated with capacity constraints and management of growth. More information about factors that may affect @Home's and Amazon.com's financial results is included in @Home's and Amazon.com's filings with the Securities and Exchange Commission. In particular, see the Final Prospectus for @Home's initial public offering date July 11, 1997, the Final Prospectus for Amazon.com's initial public offering dated May 15, 1997, and Amazon.com's Form 10Q for the second quarter ended June 30, 1997. Neither @Home or Amazon.com assumes any obligation to update the information contained in this press release.
@Home Network, @Home, and the @ logo are trademarks of @Home Network and may be registered in certain jurisdictions. Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com, Inc. All other brands and products are trademarks of their respective companies. | <p>Earth's Biggest Bookstore and @Home Network Offer Users Direct Access to Leading Online Bookseller</p><p>SEATTLE, WA and REDWOOD CITY, CA (November 10, 1997)-- Amazon.com, Inc. (Nasdaq: AMZN) the leading online book retailer, and @Home Network (NASDAQ: ATHM) the leader in high-speed Internet services via the cable infrastructure, today announced a multi-year agreement whereby Amazon.com (www.amazon.com) will be the premier bookseller throughout the @Home service. @Home users will have high-speed, direct access to browse and purchase books from Amazon.com's catalog of more than 2.5 million books. These services are expected to be integrated into @Home's service by the end of the year. Under the terms of the agreement, Earth's Biggest Bookstore will be the premier bookseller on the @Home Network's shopping service, book directories, and search pages. @Home users also will have direct access to Amazon.com's fast and easy search and browse services through contextual links in @Home's editorial content. This agreement marks the first time Amazon.com has formed a strategic alliance with a cable Internet service provider.</p><p>"By leveraging @Home's high-speed capabilities, broadband content, and unique user interface, this agreement clearly demonstrates our ability to build an effective portal for merchants," said Charles Moldow, @Home Network's Vice President of Media Development. "We expect our broadband environment to provide significantly higher revenues than merchants in the narrowband space, as our users can browse and shop effortlessly for a bestseller or a book on a specialized subject in Earth's Biggest Bookstore."</p><p>"This deal matches huge selection with a broadband environment to provide our customers with a high-octane way to access our store," said George Aposporos, Amazon.com's Vice President of Business Development. "As the premier bookseller on the @Home service, we have maximized our position in the emerging cable Internet market."</p><p>Based in Redwood City, California, @Home Network</p><p>(http://www.home.net) distributes high-speed interactive services to residences and businesses using its own network architecture and a variety of transport options including the cable industry's hybrid-fiber coaxial infrastructure. The cable connection provides users significant increases in speed over conventional Internet services. Leveraging the always on attributes of cable, @Home allows for unique multimedia applications that go beyond current Web experiences. Since its founding in May 1995, @Home Network has reached affiliate agreements with eight leading cable companies in North America, including Tele-Communications Inc., Cablevision Systems Corp., Comcast Corporation, Cox Communications, InterMedia Partners, Marcus Cable, Rogers Cablesystems Limited, and Shaw Communications.</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite, the Alta Vista Search Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.</p><p>Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: (206) 622-2335.</p><p>This press release contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, the amount of time required to integrate the @Home and Amazon.com services, Amazon.com's and @Home's limited operating history, the unpredictability of their future revenues, and the risks associated with capacity constraints and management of growth. More information about factors that may affect @Home's and Amazon.com's financial results is included in @Home's and Amazon.com's filings with the Securities and Exchange Commission. In particular, see the Final Prospectus for @Home's initial public offering date July 11, 1997, the Final Prospectus for Amazon.com's initial public offering dated May 15, 1997, and Amazon.com's Form 10Q for the second quarter ended June 30, 1997. Neither @Home or Amazon.com assumes any obligation to update the information contained in this press release.</p><p>@Home Network, @Home, and the @ logo are trademarks of @Home Network and may be registered in certain jurisdictions. Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com, Inc. All other brands and products are trademarks of their respective companies.</p> |
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Amazon.com Obtains Commitment For $75 Million Credit Facility | /news/news-details/1997/Amazon.com-Obtains-Commitment-For-75-Million-Credit-Facility/default.aspx | Amazon.com-Obtains-Commitment-For-75-Million-Credit-Facility | 3,970 | 11/07/1997 00:00:00 | Amazon.com Obtains Commitment For $75 Million Credit Facility | 11/07/1997 | 1997 | SEATTLE, WA (November 7, 1997)-- Amazon.com, Inc. (Nasdaq: AMZN) today announced that it has entered into a commitment for a $75 million, 3-year credit facility led by Deutsche Morgan Grenfell, Inc. DMG will syndicate the credit facility on an underwritten basis. Subject to the fulfillment of customary conditions precedent, the Company expects the facility to close in December 1997. Additional information regarding the credit facility may be found in the Company's Report on Form 8-K, to be filed with the Securities and Exchange Commission today.
"This credit facility will provide Amazon.com with substantially increased resources to execute its long-term strategy," said Joy Covey, Amazon.com's Chief Financial Officer. "This additional $75 million will enhance our flexibility as we pursue our goal of extending our leading position in this competitive market. We intend to invest aggressively in building our business and brand, enhancing and expanding our product and service offerings and broadening our distribution relationships," Covey added.
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite.com, the Alta Vista Search Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.
Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone (206) 622-2335.
Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the second quarter ended June 30, 1997, both filed with the Securities and Exchange Commission. | <p>SEATTLE, WA (November 7, 1997)-- Amazon.com, Inc. (Nasdaq: AMZN) today announced that it has entered into a commitment for a $75 million, 3-year credit facility led by Deutsche Morgan Grenfell, Inc. DMG will syndicate the credit facility on an underwritten basis. Subject to the fulfillment of customary conditions precedent, the Company expects the facility to close in December 1997. Additional information regarding the credit facility may be found in the Company's Report on Form 8-K, to be filed with the Securities and Exchange Commission today.</p><p>"This credit facility will provide Amazon.com with substantially increased resources to execute its long-term strategy," said Joy Covey, Amazon.com's Chief Financial Officer. "This additional $75 million will enhance our flexibility as we pursue our goal of extending our leading position in this competitive market. We intend to invest aggressively in building our business and brand, enhancing and expanding our product and service offerings and broadening our distribution relationships," Covey added.</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite.com, the Alta Vista Search Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search-and-retrieval interface, as well as streamlined ordering through 1-ClickSM technology.</p><p>Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone (206) 622-2335.</p><p>Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the second quarter ended June 30, 1997, both filed with the Securities and Exchange Commission.</p> |
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Amazon.com Announces Financial Results for Third Quarter 1997 | /news/news-details/1997/Amazon.com-Announces-Financial-Results-for-Third-Quarter-1997/default.aspx | Amazon.com-Announces-Financial-Results-for-Third-Quarter-1997 | 3,971 | 10/27/1997 00:00:00 | Amazon.com Announces Financial Results for Third Quarter 1997 | 10/27/1997 | 1997 | SEATTLE, WA (October 23, 1997)-- Amazon.com, Inc. (Nasdaq: AMZN) today announced financial results for the third quarter of 1997.
Net sales for the third quarter were $37.9 million, a 36 percent increase over net sales of $27.9 million reported for the second quarter ended June 30, 1997. Sales increased 808 percent over net sales of $4.2 million reported for the third quarter of 1996. Net loss for the third quarter ended September 30, 1997 was $8.5 million, or $0.37 per share, compared with a net loss in the quarter ended June 30, 1997 of $6.7 million, or $0.31 per share. The company reported a net loss of $2.4 million, or $0.12 per share, in the quarter ended September 30, 1996.
Amazon.com also announced that cumulative customer accounts grew to more than 940,000 by September 30, 1997, an increase of 54 percent from 610,000 customer accounts at the end of June. Repeat customer orders represented more than 55 percent of orders placed during the quarter ended September 30, 1997.
Amazon.com's audience reach increased dramatically during the quarter, according to Media Metrix: The PC Meter Company. The site was ranked as the No. 1 Internet site across all shopping categories among both business and household users in August 1997. More broadly, in August, Amazon.com moved to No. 29 in rank among all Internet sites compared to No. 62 in June and No. 87 in January. No other book retailer appeared among the top 500 sites. Among household users, Amazon.com's reach rose to 4.5 percent in August, up from 3.2 percent in June.
"The strong growth in our customer base and our growing reach among Internet users demonstrate our leadership in this rapidly evolving market," said Jeff Bezos, Amazon.com president and chief executive officer. "During the quarter, we progressed along many fronts in our effort to build an enduring franchise. We intend to continue to invest aggressively in building our business and brand, enhancing our product and service offerings, expanding the range of products we offer to our customers, and broadening our distribution relationships with the goal of maintaining and extending our leadership position in this competitive market."
The company entered into agreements to increase its distribution center capacity to nearly six times the current level, including a new 200,000-square-foot facility in Delaware and a 70 percent increase in square footage in its Seattle facility. The capacity increases, scheduled for late 1997 and early 1998, will enable the company to stock hundreds of thousands of titles and support substantial future growth. In addition, by establishing distribution centers on both coasts, many Amazon.com customers will benefit from immediate reductions in shipping times.
In September, Amazon.com launched major improvements to the Amazon.com store, including powerful new features that increase the benefits of online shopping. The new features include a state-of-the-art Recommendation Center; 22 subject-browsing areas; and the use of a proprietary technology, 1- Click(SM) ordering, to streamline the ordering process. These enhancements represent the largest-ever step forward in the company's strategy of offering customers the easiest, most enjoyable, and most effective way to find their next book.
Amazon.com extended its promotional placement significantly during the quarter. Beginning in September, AOL.com, Excite.com, and Yahoo! implemented extensive Amazon.com promotional placements as part of the strategic relationships established in June. In addition, Amazon.com became the premier bookseller on the AltaVista Search Network, the Prodigy Shopping Network, and Netscape's Netcenter Marketplace. Amazon.com continued to extend its Associates Program by offering a bonus to Premium Associates. These relationships extend Amazon.com's customer reach and brand visibility throughout the Internet.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as in the company's Form 10Q for the quarter ended June 30, 1997, both filed with the Securities and Exchange Commission.
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite.com, the AltaVista Search Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface.
Amazon.com, Inc. is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: 206-622-2335.
NOTE: Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.
AMAZON.COM, INC.Statements of Operations*(in thousands, except per share amounts)
(Unaudited)
Quarter Ended
September 30,
1997 1996
Net sales $ 37,887 $ 4,173
Cost of sales 30,709 3,262
Gross profit 7,178 911
Operating expenses:
Marketing and sales 10,979 2,251
Product development 3,582 755
General and
administrative 1,803 377
expenses 16,364 3,383
Loss from operations (9,186) (2,472)
Interest income 676 92
Net loss $ (8,510) $ (2,380)
Net loss per share $ (0.37) $ (0.12)
Shares used in
computation of
net loss per share 22,863 19,041
22,550
AMAZON.COM, INC.Balance Sheets(in thousands)
September 30, December 31,
1997 1996
(Unaudited) (Audited)
ASSETS
Current Assets
Cash and cash equivalents $ 44,687 $ 6,248
Short-term investments 3,494 --
Inventories 2,732 571
Prepaid expenses and other 1,784 321
Total current assets 52,697 7,140
Equipment and purchased software, net 4,403 985
Other long-term assets 347 146
Total assets $ 57,447 $ 8,271
LIABILITIES & STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable $ 15,386 $ 2,852
Accrued advertising -- 598
Accrued product development -- 500
Other liabilities and accrued expenses 4,462 920
Total current liabilities 19,848 4,870
LT Lease Obligations 181 --
Stockholders' equity:
Preferred stock, $0.01 par value -
Authorized, 10,000,000 shares
Issued and outstanding, none
and 569,396 shares, respectively -- 6
Common stock, $0.01 par value -
Authorized, 100,000,000 shares
Issued and outstanding, 23,858,702
and 15,900,229 shares, respectively 238 159
Additional paid-in capital 63,749 9,873
Deferred compensation (2,291) (612)
Accumulated deficit (24,278) (6,025)
Total stockholders' equity 37,418 3,401
Total liabilities & stockholders' equity $ 57,447 $ 8,271
* Because of new requirements issued in 1998 by the Securities and Exchange Commission for companies that recently completed an initial public offering and new interpretation by the Financial Accounting Standards Board of the initial application of the Statement of Financial Accounting Standard No. 128, Earnings per Share, the number of shares used to calculate net loss per share was revised as of March 30, 1998 when the company filed its Annual Report on Form 10-K. Share counts and net loss per share shown are revised figures. | <p>SEATTLE, WA (October 23, 1997)-- Amazon.com, Inc. (Nasdaq: AMZN) today announced financial results for the third quarter of 1997.</p><p>Net sales for the third quarter were $37.9 million, a 36 percent increase over net sales of $27.9 million reported for the second quarter ended June 30, 1997. Sales increased 808 percent over net sales of $4.2 million reported for the third quarter of 1996. Net loss for the third quarter ended September 30, 1997 was $8.5 million, or $0.37 per share, compared with a net loss in the quarter ended June 30, 1997 of $6.7 million, or $0.31 per share. The company reported a net loss of $2.4 million, or $0.12 per share, in the quarter ended September 30, 1996.</p><p>Amazon.com also announced that cumulative customer accounts grew to more than 940,000 by September 30, 1997, an increase of 54 percent from 610,000 customer accounts at the end of June. Repeat customer orders represented more than 55 percent of orders placed during the quarter ended September 30, 1997.</p><p>Amazon.com's audience reach increased dramatically during the quarter, according to Media Metrix: The PC Meter Company. The site was ranked as the No. 1 Internet site across all shopping categories among both business and household users in August 1997. More broadly, in August, Amazon.com moved to No. 29 in rank among all Internet sites compared to No. 62 in June and No. 87 in January. No other book retailer appeared among the top 500 sites. Among household users, Amazon.com's reach rose to 4.5 percent in August, up from 3.2 percent in June.</p><p>"The strong growth in our customer base and our growing reach among Internet users demonstrate our leadership in this rapidly evolving market," said Jeff Bezos, Amazon.com president and chief executive officer. "During the quarter, we progressed along many fronts in our effort to build an enduring franchise. We intend to continue to invest aggressively in building our business and brand, enhancing our product and service offerings, expanding the range of products we offer to our customers, and broadening our distribution relationships with the goal of maintaining and extending our leadership position in this competitive market."</p><p>The company entered into agreements to increase its distribution center capacity to nearly six times the current level, including a new 200,000-square-foot facility in Delaware and a 70 percent increase in square footage in its Seattle facility. The capacity increases, scheduled for late 1997 and early 1998, will enable the company to stock hundreds of thousands of titles and support substantial future growth. In addition, by establishing distribution centers on both coasts, many Amazon.com customers will benefit from immediate reductions in shipping times.</p><p>In September, Amazon.com launched major improvements to the Amazon.com store, including powerful new features that increase the benefits of online shopping. The new features include a state-of-the-art Recommendation Center; 22 subject-browsing areas; and the use of a proprietary technology, 1- Click(SM) ordering, to streamline the ordering process. These enhancements represent the largest-ever step forward in the company's strategy of offering customers the easiest, most enjoyable, and most effective way to find their next book.</p><p>Amazon.com extended its promotional placement significantly during the quarter. Beginning in September, AOL.com, Excite.com, and Yahoo! implemented extensive Amazon.com promotional placements as part of the strategic relationships established in June. In addition, Amazon.com became the premier bookseller on the AltaVista Search Network, the Prodigy Shopping Network, and Netscape's Netcenter Marketplace. Amazon.com continued to extend its Associates Program by offering a bonus to Premium Associates. These relationships extend Amazon.com's customer reach and brand visibility throughout the Internet.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as in the company's Form 10Q for the quarter ended June 30, 1997, both filed with the Securities and Exchange Commission.</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite.com, the AltaVista Search Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface.</p><p>Amazon.com, Inc. is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: 206-622-2335.</p><p>NOTE: Amazon.com, Earth's Biggest Bookstore, and 1-Click are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p><p>AMAZON.COM, INC.Statements of Operations*(in thousands, except per share amounts)</p><pre> (Unaudited) Quarter Ended September 30, 1997 1996 Net sales $ 37,887 $ 4,173 Cost of sales 30,709 3,262 Gross profit 7,178 911 Operating expenses: Marketing and sales 10,979 2,251 Product development 3,582 755 General and administrative 1,803 377 expenses 16,364 3,383 Loss from operations (9,186) (2,472) Interest income 676 92 Net loss $ (8,510) $ (2,380) Net loss per share $ (0.37) $ (0.12) Shares used in computation of net loss per share 22,863 19,041 22,550</pre><p>AMAZON.COM, INC.Balance Sheets(in thousands)</p><pre> September 30, December 31, 1997 1996 (Unaudited) (Audited) ASSETS Current Assets Cash and cash equivalents $ 44,687 $ 6,248 Short-term investments 3,494 -- Inventories 2,732 571 Prepaid expenses and other 1,784 321 Total current assets 52,697 7,140 Equipment and purchased software, net 4,403 985 Other long-term assets 347 146 Total assets $ 57,447 $ 8,271 LIABILITIES & STOCKHOLDERS' EQUITY Current Liabilities Accounts payable $ 15,386 $ 2,852 Accrued advertising -- 598 Accrued product development -- 500 Other liabilities and accrued expenses 4,462 920 Total current liabilities 19,848 4,870 LT Lease Obligations 181 -- Stockholders' equity: Preferred stock, $0.01 par value - Authorized, 10,000,000 shares Issued and outstanding, none and 569,396 shares, respectively -- 6 Common stock, $0.01 par value - Authorized, 100,000,000 shares Issued and outstanding, 23,858,702 and 15,900,229 shares, respectively 238 159 Additional paid-in capital 63,749 9,873 Deferred compensation (2,291) (612) Accumulated deficit (24,278) (6,025) Total stockholders' equity 37,418 3,401 Total liabilities & stockholders' equity $ 57,447 $ 8,271</pre><p>* Because of new requirements issued in 1998 by the Securities and Exchange Commission for companies that recently completed an initial public offering and new interpretation by the Financial Accounting Standards Board of the initial application of the Statement of Financial Accounting Standard No. 128, <em>Earnings per Share</em>, the number of shares used to calculate net loss per share was revised as of March 30, 1998 when the company filed its Annual Report on Form 10-K. Share counts and net loss per share shown are revised figures.</p> |
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Barnes & Noble and Amazon.com Announce Settlement of Lawsuit | /news/news-details/1997/Barnes--Noble-and-Amazon.com-Announce-Settlement-of-Lawsuit/default.aspx | Barnes--Noble-and-Amazon.com-Announce-Settlement-of-Lawsuit | 3,972 | 10/21/1997 00:00:00 | Barnes & Noble and Amazon.com Announce Settlement of Lawsuit | 10/21/1997 | 1997 | SEATTLE, WA (October 21, 1997)-- Amazon.com, Inc. (NASDAQ:AMZN) and Barnes & Noble, Inc. announced today that they have agreed to a settlement of the lawsuit filed by Barnes & Noble and of the counterclaims filed by Amazon.com.
Neither party admitted liability of any type, and neither party paid any damages to the other. The parties simply decided that they would rather compete in the marketplace than in the courtroom.
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite.com, the AltaVista Search Service, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping service, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface.
Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http//www.amazon.com. Telephone (206) 622-2335.
Amazon.com and Earth's Biggest Bookstore are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners. | <p>SEATTLE, WA (October 21, 1997)-- Amazon.com, Inc. (NASDAQ:AMZN) and Barnes & Noble, Inc. announced today that they have agreed to a settlement of the lawsuit filed by Barnes & Noble and of the counterclaims filed by Amazon.com.</p><p>Neither party admitted liability of any type, and neither party paid any damages to the other. The parties simply decided that they would rather compete in the marketplace than in the courtroom.</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Yahoo!, Netscape, Excite.com, the AltaVista Search Service, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping service, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface.</p><p>Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http//www.amazon.com. Telephone (206) 622-2335.</p><p>Amazon.com and Earth's Biggest Bookstore are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p> |
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Amazon.com and Netscape Announce Strategic Online Commerce Deal | /news/news-details/1997/Amazon.com-and-Netscape-Announce-Strategic-Online-Commerce-Deal/default.aspx | Amazon.com-and-Netscape-Announce-Strategic-Online-Commerce-Deal | 3,973 | 10/20/1997 00:00:00 | Amazon.com and Netscape Announce Strategic Online Commerce Deal | 10/20/1997 | 1997 | Earth's Biggest Bookstore to Serve as Exclusive Bookseller on Leading Internet Business Site - Netscape Netcenter
SEATTLE, WA and MOUNTAIN VIEW, CA (October 20, 1997)-- Amazon.com, Inc. (NASDAQ: AMZN) and Netscape Communications Corporation (NASDAQ: NCSP) today announced an agreement naming Amazon.com (www.amazon.com) the exclusive bookseller on Netscape Netcenter's newly launched commerce section, Netscape Marketplace. Under the terms of the agreement, the two companies will offer members of Netscape Netcenter a co-branded storefront where Earth's Biggest Bookstore will be easily accessed through Netscape Netcenter (home.netscape.com). Through the co-branded storefront, which is expected to be available by the end of the year, Amazon.com will feature book titles and editorial content tailored specifically to the Netscape Netcenter audience. Under the agreement, Amazon.com will also have an above-the-fold button on Netscape's popular NetSearch page. This will provide easy access for busy Internet users to search and browse Amazon.com's more than 2.5 million titles. In addition, Amazon.com will receive prominent marketing and advertising within Netscape Netcenter and will be bookmarked in future releases of Netscape client software.
In a related announcement today, Netscape unveiled its commerce strategy for Netcenter with the launch of Netscape Marketplace. Amazon.com will be one of the first commerce offerings that Netscape will provide to its Netscape Netcenter membership of busy professionals. "This agreement marks another important advance in our strategy to be the primary destination for all Internet bookbuyers," said George Aposporos, Amazon.com Vice President of Business Development. "We are particularly excited about our relationship with Netscape because it secures Amazon.com's place as the premier bookseller on the top three most highly trafficked sites on the Web."
"Our agreement with Amazon.com will provide Internet users with a winning combination of Amazon's world-leading bookstore offerings through Netscape's highly-ranked business Internet site," said Jennifer Bailey, Vice President, Web Site at Netscape. "With our new co-branded storefront located in Netscape Marketplace, Netscape Netcenter members will have easy access not only to more than 2.5 million titles but also to leading editorial content customized for our busy professional audience."
Netscape Communications Corporation is a leading provider of open software for linking people and information over enterprise networks and the Internet. The company offers a full line of clients, servers, development tools, and commercial applications to create a complete platform for next-generation, live online applications. Traded on Nasdaq under the symbol "NSCP," Netscape Communications Corporation is based in Mountain View, California.
Additional information on Netscape Communications Corporation is available on the Internet at http://home.netscape.com, by sending e-mail to info@netscape.com, or by calling (650) 937-2555 (corporations) or (650) 937-3777 (individuals).
Netscape, Netscape Navigator, and the Netscape N logo are registered trademarks of Netscape Communications Corporation in the United States and other countries. Other Netscape logos, product names, and service names are also trademarks of Netscape Communications Corporation, which may be registered in other countries.
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, Yahoo!, the AltaVista Search Service, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping service, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface.
Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: (206) 622-2335.
Amazon.com and Earth's Biggest Bookstore are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the second quarter ended June 30, 1997, both filed with the Securities and Exchange Commission. | <p>Earth's Biggest Bookstore to Serve as Exclusive Bookseller on Leading Internet Business Site - Netscape Netcenter</p><p>SEATTLE, WA and MOUNTAIN VIEW, CA (October 20, 1997)-- Amazon.com, Inc. (NASDAQ: AMZN) and Netscape Communications Corporation (NASDAQ: NCSP) today announced an agreement naming Amazon.com (www.amazon.com) the exclusive bookseller on Netscape Netcenter's newly launched commerce section, Netscape Marketplace. Under the terms of the agreement, the two companies will offer members of Netscape Netcenter a co-branded storefront where Earth's Biggest Bookstore will be easily accessed through Netscape Netcenter (home.netscape.com). Through the co-branded storefront, which is expected to be available by the end of the year, Amazon.com will feature book titles and editorial content tailored specifically to the Netscape Netcenter audience. Under the agreement, Amazon.com will also have an above-the-fold button on Netscape's popular NetSearch page. This will provide easy access for busy Internet users to search and browse Amazon.com's more than 2.5 million titles. In addition, Amazon.com will receive prominent marketing and advertising within Netscape Netcenter and will be bookmarked in future releases of Netscape client software.</p><p>In a related announcement today, Netscape unveiled its commerce strategy for Netcenter with the launch of Netscape Marketplace. Amazon.com will be one of the first commerce offerings that Netscape will provide to its Netscape Netcenter membership of busy professionals. "This agreement marks another important advance in our strategy to be the primary destination for all Internet bookbuyers," said George Aposporos, Amazon.com Vice President of Business Development. "We are particularly excited about our relationship with Netscape because it secures Amazon.com's place as the premier bookseller on the top three most highly trafficked sites on the Web."</p><p>"Our agreement with Amazon.com will provide Internet users with a winning combination of Amazon's world-leading bookstore offerings through Netscape's highly-ranked business Internet site," said Jennifer Bailey, Vice President, Web Site at Netscape. "With our new co-branded storefront located in Netscape Marketplace, Netscape Netcenter members will have easy access not only to more than 2.5 million titles but also to leading editorial content customized for our busy professional audience."</p><p>Netscape Communications Corporation is a leading provider of open software for linking people and information over enterprise networks and the Internet. The company offers a full line of clients, servers, development tools, and commercial applications to create a complete platform for next-generation, live online applications. Traded on Nasdaq under the symbol "NSCP," Netscape Communications Corporation is based in Mountain View, California.</p><p>Additional information on Netscape Communications Corporation is available on the Internet at http://home.netscape.com, by sending e-mail to info@netscape.com, or by calling (650) 937-2555 (corporations) or (650) 937-3777 (individuals).</p><p>Netscape, Netscape Navigator, and the Netscape N logo are registered trademarks of Netscape Communications Corporation in the United States and other countries. Other Netscape logos, product names, and service names are also trademarks of Netscape Communications Corporation, which may be registered in other countries.</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, Yahoo!, the AltaVista Search Service, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping service, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface.</p><p>Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: (206) 622-2335.</p><p>Amazon.com and Earth's Biggest Bookstore are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as well as the company's Form 10Q for the second quarter ended June 30, 1997, both filed with the Securities and Exchange Commission.</p> |
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Earth's Biggest Bookstore Serves Millionth Unique Customer | /news/news-details/1997/Earths-Biggest-Bookstore-Serves-Millionth-Unique-Customer/default.aspx | Earths-Biggest-Bookstore-Serves-Millionth-Unique-Customer | 3,974 | 10/14/1997 00:00:00 | Earth's Biggest Bookstore Serves Millionth Unique Customer | 10/14/1997 | 1997 | Earth's Biggest Bookstore Serves Millionth Unique Customer
SEATTLE, WA (October 14, 1997)-- Amazon.com, Inc. (NASDAQ: AMZN) today announced it will be the first Internet retailer to reach the one-millionth new customer milestone. Celebrating its number one status in e-commerce traffic, the company today kicks off a two-week customer promotion "You're One in a Million at Amazon.com."
Harking back two years -- when Founder and CEO Jeff Bezos started Amazon.com out of his garage in a suburb of Seattle, wrapping orders and then delivering them to the post office in the family car -- Bezos will hand deliver an order celebrating the one millionth new customer, regardless of the order's destination.
"We have customers in more than 160 countries," said Bezos, "I don't know if I'm on my way to Tanganyika or Beijing in the next several days, or if I'm travelling by jet or jet-ski, Daimler or dug-out canoe."
In just two years, Amazon.com (www.amazon.com) has established itself as not only the leader in online booksellers but as the leading Internet retailer, according to the latest report from Media Metrix (formerly PC Meter). With an estimated 4.5% of all Web households visiting Amazon.com during August, 1997, Amazon.com received more traffic than Internet giants wal-mart.com, QVC.com, and landsend.com combined.
Amazon.com continues to advance in the Media Metrix reach rankings. The company has moved from an 87 ranking in January 1997 to a 29 ranking in August 1997, led mainly by search engines and directory services. According to Media Metrix, Amazon.com has seven and a half times the reach ratings of its number one competitor and is the only bookseller in the top 500 Web sites.
During the two-week promotion period, Amazon.com will thank its customers by awarding a $10,000 prize in the "You're One in a Million at Amazon.com" promotion. Also each day, 100 Amazon.com T-shirts will be awarded.
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, Yahoo!, AltaVista Search Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search-and-retrieval interface.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as filed with the Securities and Exchange Commission, as well as the company's Form 10Q for the second quarter ended June 30, 1997 and filed with the Securities and Exchange Commission.
Some restrictions apply to the "You're One in a Million at Amazon.com" promotion, please see full rules and regulations at Amazon.com's Web site, www.amazon.com.
Amazon.com and Earth's Biggest Bookstore are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.
Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: (206) 622-2335. | <p>Earth's Biggest Bookstore Serves Millionth Unique Customer</p><p>SEATTLE, WA (October 14, 1997)-- Amazon.com, Inc. (NASDAQ: AMZN) today announced it will be the first Internet retailer to reach the one-millionth new customer milestone. Celebrating its number one status in e-commerce traffic, the company today kicks off a two-week customer promotion "You're One in a Million at Amazon.com."</p><p>Harking back two years -- when Founder and CEO Jeff Bezos started Amazon.com out of his garage in a suburb of Seattle, wrapping orders and then delivering them to the post office in the family car -- Bezos will hand deliver an order celebrating the one millionth new customer, regardless of the order's destination.</p><p>"We have customers in more than 160 countries," said Bezos, "I don't know if I'm on my way to Tanganyika or Beijing in the next several days, or if I'm travelling by jet or jet-ski, Daimler or dug-out canoe."</p><p>In just two years, Amazon.com (www.amazon.com) has established itself as not only the leader in online booksellers but as the leading Internet retailer, according to the latest report from Media Metrix (formerly PC Meter). With an estimated 4.5% of all Web households visiting Amazon.com during August, 1997, Amazon.com received more traffic than Internet giants wal-mart.com, QVC.com, and landsend.com combined.</p><p>Amazon.com continues to advance in the Media Metrix reach rankings. The company has moved from an 87 ranking in January 1997 to a 29 ranking in August 1997, led mainly by search engines and directory services. According to Media Metrix, Amazon.com has seven and a half times the reach ratings of its number one competitor and is the only bookseller in the top 500 Web sites.</p><p>During the two-week promotion period, Amazon.com will thank its customers by awarding a $10,000 prize in the "You're One in a Million at Amazon.com" promotion. Also each day, 100 Amazon.com T-shirts will be awarded.</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, Yahoo!, AltaVista Search Network, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search-and-retrieval interface.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as filed with the Securities and Exchange Commission, as well as the company's Form 10Q for the second quarter ended June 30, 1997 and filed with the Securities and Exchange Commission.</p><p>Some restrictions apply to the "You're One in a Million at Amazon.com" promotion, please see full rules and regulations at Amazon.com's Web site, www.amazon.com.</p><p>Amazon.com and Earth's Biggest Bookstore are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p><p>Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: (206) 622-2335.</p> |
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Amazon.com and Digital's AltaVista Announce Exclusive Bookseller Agreement | /news/news-details/1997/Amazon.com-and-Digitals-AltaVista-Announce-Exclusive-Bookseller-Agreement/default.aspx | Amazon.com-and-Digitals-AltaVista-Announce-Exclusive-Bookseller-Agreement | 3,975 | 10/09/1997 00:00:00 | Amazon.com and Digital's AltaVista Announce Exclusive Bookseller Agreement | 10/09/1997 | 1997 | AltaVista Launches into E-Commerce with Amazon.com
SEATTLE, WA and LITTLETON, MA (October 9, 1997)-- Amazon.com, Inc. (NASDAQ: AMZN) and Digital Equipment Corp (NYSE: DEC) today announced an agreement naming Amazon.com the exclusive bookseller on the AltaVista search service (www.altavista.digital.com). Under the terms of the agreement, Amazon.com (www.amazon.com) will have direct contextual links from search results pages to related Amazon.com titles as well as early promotion on the AltaVista home page. The agreement launches AltaVista in the new direction of electronic commerce. This alliance brings together one of the world's largest and most technologically advanced search engines with Earth's Biggest Bookstore.
"We are excited that AltaVista's entry into e-commerce is with the clear leader in this area," said Bob Hult, Digital's Vice President and General Manager for AltaVista. "We are looking forward to extending Digital's relationship with Amazon.com."
"AltaVista has quietly amassed a large and loyal base of business users," said George Aposporos, Amazon.com Vice President of Business Development. "This differentiated audience gives Amazon.com an important boost in drawing new users to our site."
According to a recent study conducted by NPD Group, Inc., AltaVista is one of the premiere destination sites on the Web for serious searchers and business users. AltaVista attracts approximately 18 million unique users each month, accounting for over 400 million page-views.
The agreement extends Amazon.com's ability to provide online customers with easy and enjoyable methods of shopping from its catalog of more than 2.5 million titles. Amazon.com also recently established premier bookseller agreements with AOL.com, Excite.com, Yahoo!, and the Prodigy Shopping Network.
About AltaVista Search Network
Digital's fast and powerful AltaVista Search Network is the premier solution for locating information in all concerns on the Internet. One f the top destination sites on the Web, AltaVista has won numerous awards worldwide for its Internet innovation and advanced technology. The AltaVista Search Network's flagship site is located at http://www.altavista.digital.com.
About Digital Equipment Corporation
Digital Equipment Corporation recognized for product and service excellence is a leading supplier of high-performance, Web-based computing solutions, which help enterprises compete in the global marketplace. Digital gives its customers a winning Internet advantage through a comprehensive portfolio of Internet solutions based on award-winning systems, advanced through networking infrastructure, innovative software, and industry applications M-^V including those from its business partners. The expertise and experience of Digital employees help customers plan, design, implement, manage and support Internet solutions in countries throughout the world. For the latest company information, visit Digital on the World Wide Web at http://www.digital.com.
About Amazon.com, Inc.
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, Yahoo!, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping service, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as filed with the Securities and Exchange Commission.
Amazon.com and Earth's Biggest Bookstore are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.
Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: (206) 622-2335. | <p>AltaVista Launches into E-Commerce with Amazon.com</p><p>SEATTLE, WA and LITTLETON, MA (October 9, 1997)-- Amazon.com, Inc. (NASDAQ: AMZN) and Digital Equipment Corp (NYSE: DEC) today announced an agreement naming Amazon.com the exclusive bookseller on the AltaVista search service (www.altavista.digital.com). Under the terms of the agreement, Amazon.com (www.amazon.com) will have direct contextual links from search results pages to related Amazon.com titles as well as early promotion on the AltaVista home page. The agreement launches AltaVista in the new direction of electronic commerce. This alliance brings together one of the world's largest and most technologically advanced search engines with Earth's Biggest Bookstore.</p><p>"We are excited that AltaVista's entry into e-commerce is with the clear leader in this area," said Bob Hult, Digital's Vice President and General Manager for AltaVista. "We are looking forward to extending Digital's relationship with Amazon.com."</p><p>"AltaVista has quietly amassed a large and loyal base of business users," said George Aposporos, Amazon.com Vice President of Business Development. "This differentiated audience gives Amazon.com an important boost in drawing new users to our site."</p><p>According to a recent study conducted by NPD Group, Inc., AltaVista is one of the premiere destination sites on the Web for serious searchers and business users. AltaVista attracts approximately 18 million unique users each month, accounting for over 400 million page-views.</p><p>The agreement extends Amazon.com's ability to provide online customers with easy and enjoyable methods of shopping from its catalog of more than 2.5 million titles. Amazon.com also recently established premier bookseller agreements with AOL.com, Excite.com, Yahoo!, and the Prodigy Shopping Network.</p><p>About AltaVista Search Network</p><p>Digital's fast and powerful AltaVista Search Network is the premier solution for locating information in all concerns on the Internet. One f the top destination sites on the Web, AltaVista has won numerous awards worldwide for its Internet innovation and advanced technology. The AltaVista Search Network's flagship site is located at http://www.altavista.digital.com.</p><p>About Digital Equipment Corporation</p><p>Digital Equipment Corporation recognized for product and service excellence is a leading supplier of high-performance, Web-based computing solutions, which help enterprises compete in the global marketplace. Digital gives its customers a winning Internet advantage through a comprehensive portfolio of Internet solutions based on award-winning systems, advanced through networking infrastructure, innovative software, and industry applications M-^V including those from its business partners. The expertise and experience of Digital employees help customers plan, design, implement, manage and support Internet solutions in countries throughout the world. For the latest company information, visit Digital on the World Wide Web at http://www.digital.com.</p><p>About Amazon.com, Inc.</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, Yahoo!, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping service, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search-and-retrieval interface.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as filed with the Securities and Exchange Commission.</p><p>Amazon.com and Earth's Biggest Bookstore are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p><p>Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet address: http://www.amazon.com. Telephone: (206) 622-2335.</p> |
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Amazon.com Catapults Electronic Commerce to Next Level with Powerful New Features | /news/news-details/1997/Amazon.com-Catapults-Electronic-Commerce-to-Next-Level-with-Powerful-New-Features/default.aspx | Amazon.com-Catapults-Electronic-Commerce-to-Next-Level-with-Powerful-New-Features | 3,976 | 09/23/1997 00:00:00 | Amazon.com Catapults Electronic Commerce to Next Level with Powerful New Features | 09/23/1997 | 1997 | Earth's Biggest Bookstore gives customers unrivaled state-of-the-art recommendation center, 22 subject-browsing areas, and the ease of 1-Click(SM) ordering
SEATTLE, WA (September 23, 1997)-- Amazon.com, Earth's Biggest Bookstore (Nasdaq: AMZN), today announced powerful new features that dramatically increase the benefits of online shopping and further strengthen the company's position as a leader in e-commerce. The new features include an unparalleled, state-of-the-art recommendation center; 22 subject-browsing areas; and the use of a proprietary technology, 1-Click(SM) ordering, to streamline the ordering process.
"The combination of Amazon.com's editorial expertise, technological leadership, and large customer base allows the company to offer customers these new features and services that are not available anywhere online or in physical stores," said Jeff Bezos, founder and CEO of Amazon.com. "We are making Amazon.com the easiest, most enjoyable, and most effective way for customers to find their next book."
Amazon.com's recommendation center empowers visitors with seven distinct ways to choose their next book. Features range from personalized book recommendations, based upon customer ratings, to an If You Like This Author selection which allows customers to select favorite authors and receive a list of suggested authors the customer might also enjoy discovering. Included in the recommendation center is Book Matcher, which features technology developed by Amazon.com using NetPerceptions GroupLens collaborative filtering technology.
Amazon.com has designed 22 easy-to-navigate subject areas for customers who prefer to shop by subject. Within each area, subjects such as Literary Fiction, Mystery, and Romance are broken down into subcategories, including Bestsellers, Award Winners, New in Paperback, and Essential Bookshelf. Each area provides book excerpts, reviews, and recommended reads as well as Amazon.com's most popular selling books in the genre.
Driving the model for e-commerce, Amazon.com has developed proprietary software that for the first time, gives customers the ability to make purchases on the Web with just one click of the mouse, eliminating the need for customers to fill out order information every time they return to the site. The 1-Click(SM) technology offers customers the fastest, easiest, and most convenient way to shop.
"1-Click represents a new standard for ease of buying on or off the Web," says Bezos.
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, Yahoo!, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search and retrieval interface.
This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as filed with the Securities and Exchange Commission.
Amazon.com, Earth's Biggest Bookstore, 1-Click, and Book Matcher are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.
Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet Address: http://www.amazon.com. Telephone: (206) 622-2335. | <p>Earth's Biggest Bookstore gives customers unrivaled state-of-the-art recommendation center, 22 subject-browsing areas, and the ease of 1-Click(SM) ordering</p><p>SEATTLE, WA (September 23, 1997)-- Amazon.com, Earth's Biggest Bookstore (Nasdaq: AMZN), today announced powerful new features that dramatically increase the benefits of online shopping and further strengthen the company's position as a leader in e-commerce. The new features include an unparalleled, state-of-the-art recommendation center; 22 subject-browsing areas; and the use of a proprietary technology, 1-Click(SM) ordering, to streamline the ordering process.</p><p>"The combination of Amazon.com's editorial expertise, technological leadership, and large customer base allows the company to offer customers these new features and services that are not available anywhere online or in physical stores," said Jeff Bezos, founder and CEO of Amazon.com. "We are making Amazon.com the easiest, most enjoyable, and most effective way for customers to find their next book."</p><p>Amazon.com's recommendation center empowers visitors with seven distinct ways to choose their next book. Features range from personalized book recommendations, based upon customer ratings, to an If You Like This Author selection which allows customers to select favorite authors and receive a list of suggested authors the customer might also enjoy discovering. Included in the recommendation center is Book Matcher, which features technology developed by Amazon.com using NetPerceptions GroupLens collaborative filtering technology.</p><p>Amazon.com has designed 22 easy-to-navigate subject areas for customers who prefer to shop by subject. Within each area, subjects such as Literary Fiction, Mystery, and Romance are broken down into subcategories, including Bestsellers, Award Winners, New in Paperback, and Essential Bookshelf. Each area provides book excerpts, reviews, and recommended reads as well as Amazon.com's most popular selling books in the genre.</p><p>Driving the model for e-commerce, Amazon.com has developed proprietary software that for the first time, gives customers the ability to make purchases on the Web with just one click of the mouse, eliminating the need for customers to fill out order information every time they return to the site. The 1-Click(SM) technology offers customers the fastest, easiest, and most convenient way to shop.</p><p>"1-Click represents a new standard for ease of buying on or off the Web," says Bezos.</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, Yahoo!, and the Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search and retrieval interface.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties, and actual results may differ materially from predicted results. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints and management of growth. More information about factors that potentially could affect Amazon.com's financial results is included in the company's final prospectus, dated May 15, 1997, as filed with the Securities and Exchange Commission.</p><p>Amazon.com, Earth's Biggest Bookstore, 1-Click, and Book Matcher are service marks of Amazon.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.</p><p>Amazon.com, Inc., is headquartered at 1516 Second Avenue, Seattle, WA 98101. Internet Address: http://www.amazon.com. Telephone: (206) 622-2335.</p> |
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Earth's Biggest Bookstore Offers Premium Associate Incentive to Top 500 PC Meter Sites | /news/news-details/1997/Earths-Biggest-Bookstore-Offers-Premium-Associate-Incentive-to-Top-500-PC-Meter-Sites/default.aspx | Earths-Biggest-Bookstore-Offers-Premium-Associate-Incentive-to-Top-500-PC-Meter-Sites | 3,977 | 09/09/1997 00:00:00 | Earth's Biggest Bookstore Offers Premium Associate Incentive to Top 500 PC Meter Sites | 09/09/1997 | 1997 | Amazon.com Celebrates 15,000 Associate Sites
SEATTLE, WA (September 8, 1997)-- Further expanding its Web presence, Amazon.com (NASDAQ: AMZN) today announced a new incentive to recruit the Top 500 PC Meter sites as Premium Associates. This new offer is an extension of Amazon.com's tremendously successful Associates Program in which participating Web sites earn referral fees by recommending books. Amazon.com's Associates Program is currently celebrating the enrollment of more than 15,000 Associate Web sites. The Top 500 PC Meter sites will be eligible for a 50% bonus over the existing referral fee structure. This means that more than 400,000 titles will be eligible for a 22.5% referral fee, and Amazon.com's remaining 1.1 million in-print titles will be eligible for a 7.5% referral fee. The bonus will be paid on qualifying sales made between October 1, 1997, and March 31, 1998.
The Amazon.com Associates Program is an innovative model for Internet-based commerce. Established in July 1996, the Associates Program allows individual Web sites to select books of interest to their visitors, add their own reviews and recommendations, and link directly to the Amazon.com catalog. Amazon.com handles the secure online ordering, customer service, and shipping, and sends weekly, automatically generated sales reports via e-mail. Associates enroll on the Amazon.com Web site and can be up and running in hours. Participation in the program is free.
Additional enhancements to the Associates Program are planned in the coming months. Full details of the program and instructions for enrolling can be found at http://www.amazon.com/associates.
Media Metrix, Inc., The PC Meter Company, is the leader in usage measurement services for the new interactive media and digital technologies. Its flagship is the syndicated World Wide Web Audience Measurement Service, which provides objective third-party usage statistics and demographics of Web users. Other Media Metrix measurement services address online services, and use of computer hardware, computer software and other new interactive technologies.
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, Yahoo!, and Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search-and-retrieval interface. | <p>Amazon.com Celebrates 15,000 Associate Sites</p><p>SEATTLE, WA (September 8, 1997)-- Further expanding its Web presence, Amazon.com (NASDAQ: AMZN) today announced a new incentive to recruit the Top 500 PC Meter sites as Premium Associates. This new offer is an extension of Amazon.com's tremendously successful Associates Program in which participating Web sites earn referral fees by recommending books. Amazon.com's Associates Program is currently celebrating the enrollment of more than 15,000 Associate Web sites. The Top 500 PC Meter sites will be eligible for a 50% bonus over the existing referral fee structure. This means that more than 400,000 titles will be eligible for a 22.5% referral fee, and Amazon.com's remaining 1.1 million in-print titles will be eligible for a 7.5% referral fee. The bonus will be paid on qualifying sales made between October 1, 1997, and March 31, 1998.</p><p>The Amazon.com Associates Program is an innovative model for Internet-based commerce. Established in July 1996, the Associates Program allows individual Web sites to select books of interest to their visitors, add their own reviews and recommendations, and link directly to the Amazon.com catalog. Amazon.com handles the secure online ordering, customer service, and shipping, and sends weekly, automatically generated sales reports via e-mail. Associates enroll on the Amazon.com Web site and can be up and running in hours. Participation in the program is free.</p><p>Additional enhancements to the Associates Program are planned in the coming months. Full details of the program and instructions for enrolling can be found at http://www.amazon.com/associates.</p><p>Media Metrix, Inc., The PC Meter Company, is the leader in usage measurement services for the new interactive media and digital technologies. Its flagship is the syndicated World Wide Web Audience Measurement Service, which provides objective third-party usage statistics and demographics of Web users. Other Media Metrix measurement services address online services, and use of computer hardware, computer software and other new interactive technologies.</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, Yahoo!, and Prodigy Shopping Network. Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search-and-retrieval interface.</p> |
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Amazon.com Secures Exclusive Bookseller Position on Prodigy Shopping Network | /news/news-details/1997/Amazon.com-Secures-Exclusive-Bookseller-Position-on-Prodigy-Shopping-Network/default.aspx | Amazon.com-Secures-Exclusive-Bookseller-Position-on-Prodigy-Shopping-Network | 3,978 | 09/03/1997 00:00:00 | Amazon.com Secures Exclusive Bookseller Position on Prodigy Shopping Network | 09/03/1997 | 1997 | SEATTLE, WA and WHITE PLAINS, NY (September 3, 1997)-- Amazon.com, Inc. (NASDAQ: AMZN) and Prodigy Services Corporation today announced an agreement naming Amazon.com the exclusive bookseller on the Prodigy Shopping Network. Under the terms of the agreement, Prodigy Shopping Network (http://www.shopnet.prodigy.com) will offer Internet users a direct gateway to the Web site of online bookseller Amazon.com (www.amazon.com).
The Prodigy Shopping Network search engine shops across a database of more than 20,000 items and enjoys a large and loyal user base. In the future, users will find Amazon.com to be prominent in the Prodigy Shopping Network Mall with direct links to Amazon.com content from relevant areas inside the Prodigy Internet service.
Merchandisers on the Prodigy Shopping Network also include JCPenney, PC Flowers & Gifts, The Cheeseboard, Computer Express, The Gift Sender, The NBA Shop, World Beer and Cigar Direct, Music Style, and Health Oasis.
The agreement is the latest in Amazon.com's continuing commitment to provide online customers with easy and enjoyable methods of shopping from its catalog of more than 2.5 million titles. Amazon.com also recently established premier bookseller agreements with America Online, Excite, and Yahoo.
Amazon.com delivers both the broad selection and high quality service our members have come to rely on when shopping online, said Seth Radwell, Prodigy's Senior Vice President of Content. We look forward to creating innovative promotions that capitalize on the heightened interactivity of the Prodigy Shopping Network.
We are pleased to be able to extend the ease of use for Prodigy customers, who have been valuable to us as we've built our customer base, said Rick Ayre, Vice President of Editorial for Amazon.com. In addition, this exclusive arrangement continues to extend our reach on the Web and further, right into the Prodigy Service.
Prodigy Services Corporation is a wholly-owned subsidiary of Prodigy, Inc., an international creator and distributor of Internet-based content and services. PC Magazine has selected Prodigy Internet as Editor's Choice for an ISP.
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books, offering a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search and retrieval interface. | <p>SEATTLE, WA and WHITE PLAINS, NY (September 3, 1997)-- Amazon.com, Inc. (NASDAQ: AMZN) and Prodigy Services Corporation today announced an agreement naming Amazon.com the exclusive bookseller on the Prodigy Shopping Network. Under the terms of the agreement, Prodigy Shopping Network (http://www.shopnet.prodigy.com) will offer Internet users a direct gateway to the Web site of online bookseller Amazon.com (www.amazon.com).</p><p>The Prodigy Shopping Network search engine shops across a database of more than 20,000 items and enjoys a large and loyal user base. In the future, users will find Amazon.com to be prominent in the Prodigy Shopping Network Mall with direct links to Amazon.com content from relevant areas inside the Prodigy Internet service.</p><p>Merchandisers on the Prodigy Shopping Network also include JCPenney, PC Flowers & Gifts, The Cheeseboard, Computer Express, The Gift Sender, The NBA Shop, World Beer and Cigar Direct, Music Style, and Health Oasis.</p><p>The agreement is the latest in Amazon.com's continuing commitment to provide online customers with easy and enjoyable methods of shopping from its catalog of more than 2.5 million titles. Amazon.com also recently established premier bookseller agreements with America Online, Excite, and Yahoo.</p><p>Amazon.com delivers both the broad selection and high quality service our members have come to rely on when shopping online, said Seth Radwell, Prodigy's Senior Vice President of Content. We look forward to creating innovative promotions that capitalize on the heightened interactivity of the Prodigy Shopping Network.</p><p>We are pleased to be able to extend the ease of use for Prodigy customers, who have been valuable to us as we've built our customer base, said Rick Ayre, Vice President of Editorial for Amazon.com. In addition, this exclusive arrangement continues to extend our reach on the Web and further, right into the Prodigy Service.</p><p>Prodigy Services Corporation is a wholly-owned subsidiary of Prodigy, Inc., an international creator and distributor of Internet-based content and services. PC Magazine has selected Prodigy Internet as Editor's Choice for an ISP.</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books, offering a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and offers customers a vast selection through an efficient search and retrieval interface.</p> |
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Amazon.com Appoints Former Wal-Mart Executive As Chief Information Officer | /news/news-details/1997/Amazon.com-Appoints-Former-Wal-Mart-Executive-As-Chief-Information-Officer/default.aspx | Amazon.com-Appoints-Former-Wal-Mart-Executive-As-Chief-Information-Officer | 3,979 | 08/26/1997 00:00:00 | Amazon.com Appoints Former Wal-Mart Executive As Chief Information Officer | 08/26/1997 | 1997 | SEATTLE, WA (August 26, 1997)-- In its continuing commitment to develop leading information systems technology that will define a new category of electronic commerce and distribution, online bookseller Amazon.com, Inc. (Nasdaq: AMZN) today announced the appointment of Richard L. Dalzell to the position of Chief Information Officer.
Dalzell joins Amazon.com from Wal-Mart Stores, Inc., the world's largest retailer, where he served as Vice President, Information Systems Division since 1994, having joined the company in 1990. As Wal-Mart's Information Systems executive responsible for all merchandising and logistics systems, he led the development of world-class supply chain systems, set the standard for international retailing and merchandising systems, and was instrumental in establishing the world's largest commercial decision support and data mining systems.
Dalzell's appointment completes the engineering and operations management team of the two-year-old online bookseller, launched on the World Wide Web in July 1995. Dalzell will deliver strategic systems and solutions to meet the needs of the company's burgeoning customer base. All corporate networks, logistics systems, electronic buying, accounting, and data warehousing systems fall into his domain.
Announcing the appointment, Jeff Bezos, founder and CEO of Amazon.com, said, "There are very few people that have Rick's experience in large-scale retailing. His expertise in applying technology to merchandising is world-class."
Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, and Yahoo! Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search and retrieval interface. | <p>SEATTLE, WA (August 26, 1997)-- In its continuing commitment to develop leading information systems technology that will define a new category of electronic commerce and distribution, online bookseller Amazon.com, Inc. (Nasdaq: AMZN) today announced the appointment of Richard L. Dalzell to the position of Chief Information Officer.</p><p>Dalzell joins Amazon.com from Wal-Mart Stores, Inc., the world's largest retailer, where he served as Vice President, Information Systems Division since 1994, having joined the company in 1990. As Wal-Mart's Information Systems executive responsible for all merchandising and logistics systems, he led the development of world-class supply chain systems, set the standard for international retailing and merchandising systems, and was instrumental in establishing the world's largest commercial decision support and data mining systems.</p><p>Dalzell's appointment completes the engineering and operations management team of the two-year-old online bookseller, launched on the World Wide Web in July 1995. Dalzell will deliver strategic systems and solutions to meet the needs of the company's burgeoning customer base. All corporate networks, logistics systems, electronic buying, accounting, and data warehousing systems fall into his domain.</p><p>Announcing the appointment, Jeff Bezos, founder and CEO of Amazon.com, said, "There are very few people that have Rick's experience in large-scale retailing. His expertise in applying technology to merchandising is world-class."</p><p>Amazon.com, Inc., Earth's Biggest Bookstore, is the leading online retailer of books and is the premier bookseller on AOL.com, Excite.com, and Yahoo! Amazon.com offers a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search and retrieval interface.</p> |
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John Updike and Amazon.com Seek 44 Coauthors for 'The Greatest Tale Ever Told' | /news/news-details/1997/John-Updike-and-Amazon.com-Seek-44-Coauthors-for-The-Greatest-Tale-Ever-Told/default.aspx | John-Updike-and-Amazon.com-Seek-44-Coauthors-for-The-Greatest-Tale-Ever-Told | 3,980 | 07/29/1997 00:00:00 | John Updike and Amazon.com Seek 44 Coauthors for 'The Greatest Tale Ever Told' | 07/29/1997 | 1997 | $100,000 Grand Prize to Be Awarded By Amazon.com
John Updike Makes His First Foray Into Online Writing With Amazon.Com
SEATTLE, WA (July 29, 1997)-- Engaging in what he describes as "sticking my head into the mouth of the electronic lion," Pulitzer-Prize winning author John Updike has written the beginning of an original story titled "Murder Makes the Magazine" exclusively for online bookseller Amazon.com. The first paragraph of "Murder Makes the Magazine" will appear on Amazon.com's Web site (www.amazon.com) on Tuesday, July 29. Over the next 44 days, visitors to Amazon.com may write and submit their own paragraphs to continue John Updike's story, his first murder mystery. On September 12, Updike will write the final paragraph of this collaborative tale.
The writers of paragraphs selected by the Amazon.com editorial staff to continue the story will each receive $1,000. All visitors to the contest site may register to win a grand prize of $100,000. The winner will be announced at the close of the contest.
Jeff Bezos, Amazon.com founder and CEO, announcing "The Greatest Tale Ever Told" from the company's headquarters in Seattle, said, "This is all about fun. We are pleased Mr. Updike decided to make his first foray onto the Internet with Amazon.com. We are committed to giving our customers rich and unique experiences. Forty-four talented people will get to collaborate in real-time with John Updike, the greatest living writer. We will all watch this collaboration unfold every day for 46 days."
John Updike, who won the Pulitzer Prize for Fiction in 1982 for Rabbit Is Rich and again in 1991 for Rabbit at Rest (only the third American to be honored with this prize on two occasions), has his 18th novel scheduled for publication by Knopf this fall. Titled Toward the End of Time, it is characterized as a thoughtful and audacious novel, set in 2020. Filled with fantasy, scientific exploration, and the connections between past, present, and future -- all filtered through the mind of a 66-year-old man as he meditates on the life around him through the changing seasons of the year. Customers can order this book in advance from Amazon.com.
Amazon.com, Inc. (Nasdaq:AMZN), Earth's Biggest Bookstore, is the leading online retailer of books, offering a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, Web-based credit card payment and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search and retrieval interface. | <p>$100,000 Grand Prize to Be Awarded By Amazon.com</p><p>John Updike Makes His First Foray Into Online Writing With Amazon.Com</p><p>SEATTLE, WA (July 29, 1997)-- Engaging in what he describes as "sticking my head into the mouth of the electronic lion," Pulitzer-Prize winning author John Updike has written the beginning of an original story titled "Murder Makes the Magazine" exclusively for online bookseller Amazon.com. The first paragraph of "Murder Makes the Magazine" will appear on Amazon.com's Web site (www.amazon.com) on Tuesday, July 29. Over the next 44 days, visitors to Amazon.com may write and submit their own paragraphs to continue John Updike's story, his first murder mystery. On September 12, Updike will write the final paragraph of this collaborative tale.</p><p>The writers of paragraphs selected by the Amazon.com editorial staff to continue the story will each receive $1,000. All visitors to the contest site may register to win a grand prize of $100,000. The winner will be announced at the close of the contest.</p><p>Jeff Bezos, Amazon.com founder and CEO, announcing "The Greatest Tale Ever Told" from the company's headquarters in Seattle, said, "This is all about fun. We are pleased Mr. Updike decided to make his first foray onto the Internet with Amazon.com. We are committed to giving our customers rich and unique experiences. Forty-four talented people will get to collaborate in real-time with John Updike, the greatest living writer. We will all watch this collaboration unfold every day for 46 days."</p><p>John Updike, who won the Pulitzer Prize for Fiction in 1982 for Rabbit Is Rich and again in 1991 for Rabbit at Rest (only the third American to be honored with this prize on two occasions), has his 18th novel scheduled for publication by Knopf this fall. Titled Toward the End of Time, it is characterized as a thoughtful and audacious novel, set in 2020. Filled with fantasy, scientific exploration, and the connections between past, present, and future -- all filtered through the mind of a 66-year-old man as he meditates on the life around him through the changing seasons of the year. Customers can order this book in advance from Amazon.com.</p><p>Amazon.com, Inc. (Nasdaq:AMZN), Earth's Biggest Bookstore, is the leading online retailer of books, offering a catalog of 2.5 million titles, easy-to-use search and browse features, e-mail services, Web-based credit card payment and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search and retrieval interface.</p> |
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Amazon.com Announces Financial Results for Second Quarter 1997 | /news/news-details/1997/Amazon.com-Announces-Financial-Results-for-Second-Quarter-1997/default.aspx | Amazon.com-Announces-Financial-Results-for-Second-Quarter-1997 | 3,981 | 07/10/1997 00:00:00 | Amazon.com Announces Financial Results for Second Quarter 1997 | 07/10/1997 | 1997 | SEATTLE, WA (July 10, 1997)-- Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for the second quarter of 1997. Net sales for the second quarter were $27.9 million, a 74 percent increase over net sales of $16.0 million reported for the first quarter ended March 31, 1997. Net sales increased 1,168 percent over net sales of $2.2 million reported for the second quarter of 1996. Net loss for the second quarter ended June 30, 1997 was $6.7 million, or a loss of $0.31 per share, compared with a net loss in the quarter ended March 31, 1997 of $3.0 million, or a loss of $0.16 per share. The company reported a net loss of $767,000 or a loss of $0.04 per share in the quarter ended June 30, 1996.
Amazon.com also announced that cumulative customer accounts grew to more than 610,000 customer accounts at June 30, 1997, an increase of 79 percent from 340,000 customer accounts at the end of March 1997. Repeat customers represented more than 50 percent of orders placed during the quarter ended June 30, 1997.
"The second quarter of 1997 marked several milestones for Amazon.com and its stockholders. We raised net proceeds of nearly $50 million in our initial public offering in May. These proceeds will enable us to invest aggressively in building our business, brand and customer base, and in enhancing our product and service offerings. We also invested in extensive promotional relationships with three of the most important aggregators of Internet traffic, Yahoo!, AOL and Excite. We believe these relationships will reinforce our momentum as the leading online bookseller by generating substantial additional brand awareness and customer flow for Amazon.com," said Jeff Bezos, president and chief executive officer of Amazon.com.
"Our customers responded very well to our price reduction in June, which resulted in immediate increases in unit sales and conversion rates. It appears that this pricing has encouraged our customers to do more of their book buying online. We're happy to be able to focus exclusively on the success of online commerce, and believe that the combination of this pricing and our new presence with the aggregators will accelerate the adoption of online book buying by a broad range of consumers," continued Mr. Bezos.
"We also continued to enhance our product and service offerings during the quarter and are eager to roll out the innovative services associated with our promotional relationships during the third and fourth quarters of 1997."
About Amazon.com
Amazon.com, Earth's Biggest Bookstore, is the leading online retailer of books, offering a catalog of 2.5 million titles, easy-to-use search and browse features, email services, Web-based credit card payment and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search and retrieval interface.
This announcement contains forward looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the evolving nature of its business model, the increasingly competitive online commerce environment, dependence on continuing growth of online commerce and risks associated with capacity constraints and the management of growth. More information about potential factors that could affect the company's financial results is included in the company's final prospectus dated May 15, 1997, as filed with the Securities and Exchange Commission.
Amazon.com and Earth's Biggest Bookstore are service marks of Amazon.com Inc. All other names are trademarks of their respective owners.
AMAZON.COM, INC.Statements of Operations*(in thousands, except per share amounts)
Second Quarter Ended
June 30,
1997 1996
Net sales $ 27,855 $ 2,230
Cost of sales 22,633 1,753
Gross profit 5,222 477
Operating expenses:
Marketing and sales 7,773 696
Product development 2,808 394
General and
administrative 1,708 163
Total operating
expenses 12,289 1,253
Loss from operations (7,067) (776)
Interest income 362 9
Net loss $(6,705) $(767)
Net loss per share $(0.31) $(0.04)
Shares used in
computation of net
loss per share 21,317 18,339
ets(in thousands)
June 30, December 31,
1997 1996
Assets
Cash, cash equivalents and
short-term investments $56,392 $6,248
Inventories 1,652 571
Prepaid expenses and other 1,162 321
Equipment, net 3,564 985
Deposits 328 146
Total assets $63,098 $8,271
Liabilities and Stockholders' Equity
Accounts payable 10,327 2,852
Accrued expenses and other
liabilities 7,211 2,018
Total liabilities 17,538 4,870
Preferred stock -- 7,970
Common stock and paid-in-capital 61,328 1,456
Accumulated deficit (15,768) (6,025)
Total stockholders' equity 45,560 3,401
Total liabilities and
stockholders' equity $63,098 $8,271
* Because of new requirements issued in 1998 by the Securities and Exchange Commission for companies that recently completed an initial public offering and new interpretation by the Financial Accounting Standards Board of the initial application of the Statement of Financial Accounting Standard No. 128, Earnings per Share, the number of shares used to calculate net loss per share was revised as of March 30, 1998 when the company filed its Annual Report on Form 10-K. Share counts and net loss per share shown are revised figures. | <p>SEATTLE, WA (July 10, 1997)-- Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for the second quarter of 1997. Net sales for the second quarter were $27.9 million, a 74 percent increase over net sales of $16.0 million reported for the first quarter ended March 31, 1997. Net sales increased 1,168 percent over net sales of $2.2 million reported for the second quarter of 1996. Net loss for the second quarter ended June 30, 1997 was $6.7 million, or a loss of $0.31 per share, compared with a net loss in the quarter ended March 31, 1997 of $3.0 million, or a loss of $0.16 per share. The company reported a net loss of $767,000 or a loss of $0.04 per share in the quarter ended June 30, 1996.</p><p>Amazon.com also announced that cumulative customer accounts grew to more than 610,000 customer accounts at June 30, 1997, an increase of 79 percent from 340,000 customer accounts at the end of March 1997. Repeat customers represented more than 50 percent of orders placed during the quarter ended June 30, 1997.</p><p>"The second quarter of 1997 marked several milestones for Amazon.com and its stockholders. We raised net proceeds of nearly $50 million in our initial public offering in May. These proceeds will enable us to invest aggressively in building our business, brand and customer base, and in enhancing our product and service offerings. We also invested in extensive promotional relationships with three of the most important aggregators of Internet traffic, Yahoo!, AOL and Excite. We believe these relationships will reinforce our momentum as the leading online bookseller by generating substantial additional brand awareness and customer flow for Amazon.com," said Jeff Bezos, president and chief executive officer of Amazon.com.</p><p>"Our customers responded very well to our price reduction in June, which resulted in immediate increases in unit sales and conversion rates. It appears that this pricing has encouraged our customers to do more of their book buying online. We're happy to be able to focus exclusively on the success of online commerce, and believe that the combination of this pricing and our new presence with the aggregators will accelerate the adoption of online book buying by a broad range of consumers," continued Mr. Bezos.</p><p>"We also continued to enhance our product and service offerings during the quarter and are eager to roll out the innovative services associated with our promotional relationships during the third and fourth quarters of 1997."</p><p>About Amazon.com</p><p>Amazon.com, Earth's Biggest Bookstore, is the leading online retailer of books, offering a catalog of 2.5 million titles, easy-to-use search and browse features, email services, Web-based credit card payment and direct shipping to customers. Amazon.com has virtually unlimited online shelf space and can offer customers a vast selection through an efficient search and retrieval interface.</p><p>This announcement contains forward looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. Potential risks and uncertainties include, among others, Amazon.com's limited operating history, the evolving nature of its business model, the increasingly competitive online commerce environment, dependence on continuing growth of online commerce and risks associated with capacity constraints and the management of growth. More information about potential factors that could affect the company's financial results is included in the company's final prospectus dated May 15, 1997, as filed with the Securities and Exchange Commission.</p><p>Amazon.com and Earth's Biggest Bookstore are service marks of Amazon.com Inc. All other names are trademarks of their respective owners.</p><p>AMAZON.COM, INC.Statements of Operations*(in thousands, except per share amounts)</p><pre> Second Quarter Ended June 30, 1997 1996 Net sales $ 27,855 $ 2,230 Cost of sales 22,633 1,753 Gross profit 5,222 477 Operating expenses:Marketing and sales 7,773 696 Product development 2,808 394 General and administrative 1,708 163 Total operating expenses 12,289 1,253 Loss from operations (7,067) (776) Interest income 362 9 Net loss $(6,705) $(767) Net loss per share $(0.31) $(0.04) Shares used in computation of net loss per share 21,317 18,339 </pre><p>ets(in thousands)</p><pre> June 30, December 31, 1997 1996AssetsCash, cash equivalents and short-term investments $56,392 $6,248Inventories 1,652 571Prepaid expenses and other 1,162 321Equipment, net 3,564 985Deposits 328 146Total assets $63,098 $8,271Liabilities and Stockholders' EquityAccounts payable 10,327 2,852Accrued expenses and other liabilities 7,211 2,018Total liabilities 17,538 4,870Preferred stock -- 7,970Common stock and paid-in-capital 61,328 1,456Accumulated deficit (15,768) (6,025)Total stockholders' equity 45,560 3,401Total liabilities and stockholders' equity $63,098 $8,271</pre><p>* Because of new requirements issued in 1998 by the Securities and Exchange Commission for companies that recently completed an initial public offering and new interpretation by the Financial Accounting Standards Board of the initial application of the Statement of Financial Accounting Standard No. 128, <em>Earnings per Share</em>, the number of shares used to calculate net loss per share was revised as of March 30, 1998 when the company filed its Annual Report on Form 10-K. Share counts and net loss per share shown are revised figures.</p> |
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amz-press-release
Public Amazon Press Release Dataset
Dataset Description
This dataset contains data from Amazon News: http://amazon2022tf.q4web.com/news/default.aspx
Dataset Structure
Each line in the downloaded data file is a JSON dictionary containing the following data.
{
"headline": "Amazon's Buy with Prime Increases Shopper Conversion by an Average of 25%",
"url": "/news/news-details/2023/Amazons-Buy-with-Prime-Increases-Shopper-Conversion-by-an-Average-of-25/default.aspx",
"seo_name": "Amazons-Buy-with-Prime-Increases-Shopper-Conversion-by-an-Average-of-25",
"id": 4850,
"date": "01/10/2023 08:00:00",
"parsed_headline": "Amazon's Buy with Prime Increases Shopper Conversion by an Average of 25%",
"parsed_date": "01/10/2023",
"parsed_subheading_txt": "Previously available on an invite-only basis ...",
"parsed_subheading_html": "<div><p><i>Previously available on an invite-only basis ... </i></p></div>",
"parsed_body_txt": "SEATTLE--(BUSINESS WIRE)-- \nAmazon today announced that Buy with Prime ...",
"parsed_body_html": "<p>SEATTLE--(BUSINESS WIRE)-- Amazon today announced that Buy with Prime ...</p>"
}
Citation Information
@misc{amz-press-release,
author = {Paul Greenberg},
title = {Public Amazon Press Release Dataset},
year = {2023},
publisher = {Hugging Face},
journal = {Hugging Face repository},
howpublished = {\\url{https://huggingface.co/datasets/greenpau/amz-press-release}},
}
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