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Amazon.com Launches Election 2000 Store; Bush Leads Gore 79% to 21% in Book Sales; Complete Selection of Important and Fun Political Merchandise
/news/news-details/2000/Amazon.com-Launches-Election-2000-Store-Bush-Leads-Gore-79-to-21-in-Book-Sales-Complete-Selection-of-Important-and-Fun-Political-Merchandise/default.aspx
Amazon.com-Launches-Election-2000-Store-Bush-Leads-Gore-79-to-21-in-Book-Sales-Complete-Selection-of-Important-and-Fun-Political-Merchandise
4,178
07/31/2000 00:00:00
Amazon.com Launches Election 2000 Store; Bush Leads Gore 79% to 21% in Book Sales; Complete Selection of Important and Fun Political Merchandise
07/31/2000
2000
SEATTLE--July 31, 2000--Leading online retailer Amazon.com (www.amazon.com) today launched its new Election 2000 Store within the Amazon.com bookstore, which features a wide range of election year merchandise to inform and entertain voters of all parties. In addition to its leading online selection of political products, Amazon.com's Election 2000 Store features the Bush/Gore index, a weekly updated graph comparing the past four weeks' sales of books related to Democrat Al Gore and Republican George W. Bush. As the Election 2000 Store launches, Bush-related books have a strong lead, with 79 percent of all sales compared to only 21 percent for Gore-related books. Amazon.com's book editors selected the top five books about each nominee for the index, including biographies and political analysis. Besides leading political books, the store, at www.amazon.com/election2000, includes a recommended reading list from political pundit James Carville; audiobooks featuring well-known political speeches and memoirs; DVDs and videos, including both documentaries and politically oriented motion pictures; toys and games featuring presidential candidates and political themes; and Purchase Circles information showcasing what's being read on Capitol Hill. "As the nation marks the start of the Republican National Convention today and looks toward the Democratic National Convention, Amazon.com can help people of all political stripes find, discover and buy anything they want about the 2000 election in one easy-to-use online location," said Lyn Blake, general manager of Amazon.com Books. Books in the George W. Bush index include: -- A Charge to Keep by George W. Bush, Karen Hughes -- Shrub: The Short but Happy Political Life of George W. Bush by Molly Ivins, Lou Dubose -- First Son: George W. Bush and the Bush Family Dynasty by Bill Minutaglio -- W: Revenge of the Bush Dynasty by Elizabeth Mitchell -- Fortunate Son: George W. Bush and the Making of an American President by J.H. Hatfield, et al. The Al Gore index comprises the following: -- Gore: A Political Life by Bob Zelnick -- Inventing Al Gore: A Biography by Bill Turque -- The Prince of Tennessee: The Rise of Al Gore by David Maraniss, Ellen Nakashima -- The World According to Al Gore: An A-to-Z Compilation of His Opinions, Positions, and Public Statements by Joseph Kaufman -- Prince Albert: The Life and Lies of Al Gore by David N. Bossie, Floyd G. Brown About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 23 million customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry and collectibles, at www.sothebys.amazon.com. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com, Amazon.co.uk and Amazon.de on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in WeddingChannel.com, which brings together leading retailers with gift registry, expert advice and personalized gift suggestions to help everyone give and receive the right wedding gifts, at www.weddingchannel.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.
<p>SEATTLE--July 31, 2000--Leading online retailer Amazon.com (www.amazon.com) today launched its new Election 2000 Store within the Amazon.com bookstore, which features a wide range of election year merchandise to inform and entertain voters of all parties.</p><p>In addition to its leading online selection of political products, Amazon.com's Election 2000 Store features the Bush/Gore index, a weekly updated graph comparing the past four weeks' sales of books related to Democrat Al Gore and Republican George W. Bush. As the Election 2000 Store launches, Bush-related books have a strong lead, with 79 percent of all sales compared to only 21 percent for Gore-related books. Amazon.com's book editors selected the top five books about each nominee for the index, including biographies and political analysis.</p><p>Besides leading political books, the store, at www.amazon.com/election2000, includes a recommended reading list from political pundit James Carville; audiobooks featuring well-known political speeches and memoirs; DVDs and videos, including both documentaries and politically oriented motion pictures; toys and games featuring presidential candidates and political themes; and Purchase Circles information showcasing what's being read on Capitol Hill.</p><p>"As the nation marks the start of the Republican National Convention today and looks toward the Democratic National Convention, Amazon.com can help people of all political stripes find, discover and buy anything they want about the 2000 election in one easy-to-use online location," said Lyn Blake, general manager of Amazon.com Books.</p><p>Books in the George W. Bush index include:</p><p>-- A Charge to Keep by George W. Bush, Karen Hughes</p><p>-- Shrub: The Short but Happy Political Life of George W. Bush by</p><p>Molly Ivins, Lou Dubose</p><p>-- First Son: George W. Bush and the Bush Family Dynasty by Bill</p><p>Minutaglio</p><p>-- W: Revenge of the Bush Dynasty by Elizabeth Mitchell</p><p>-- Fortunate Son: George W. Bush and the Making of an American</p><p>President by J.H. Hatfield, et al.</p><p>The Al Gore index comprises the following:</p><p>-- Gore: A Political Life by Bob Zelnick</p><p>-- Inventing Al Gore: A Biography by Bill Turque</p><p>-- The Prince of Tennessee: The Rise of Al Gore by David</p><p>Maraniss, Ellen Nakashima</p><p>-- The World According to Al Gore: An A-to-Z Compilation of His</p><p>Opinions, Positions, and Public Statements by Joseph Kaufman</p><p>-- Prince Albert: The Life and Lies of Al Gore by David N.</p><p>Bossie, Floyd G. Brown</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 23 million customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com, Amazon.co.uk and Amazon.de on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in WeddingChannel.com, which brings together leading retailers with gift registry, expert advice and personalized gift suggestions to help everyone give and receive the right wedding gifts, at www.weddingchannel.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.</p>
Amazon.com Announces Financial Results for Second Quarter 2000
/news/news-details/2000/Amazon.com-Announces-Financial-Results-for-Second-Quarter-2000/default.aspx
Amazon.com-Announces-Financial-Results-for-Second-Quarter-2000
4,179
07/26/2000 00:00:00
Amazon.com Announces Financial Results for Second Quarter 2000
07/26/2000
2000
AMAZON.COM ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER 2000 U.S. Books, Music and DVD/Video Segment Achieves Pro Forma Operating Profitability;Over 23 Million Cumulative Customers Served in Five Years;Cash Balance at $908 Million SEATTLE, WA-July 26, 2000-Amazon.com, Inc. (Nasdaq: AMZN) today announced that net sales for the second quarter of 2000 were $578 million, an increase of 84% over net sales of $314 million for the second quarter of 1999. The Amazon Electronics store, launched in July 1999, became Amazon.com's fastest-growing store yet. Pro forma operating loss for the second quarter of 2000 was $89 million, or 15% of sales, compared to a pro forma operating loss of $67 million, or 21% of sales, in the second quarter of 1999. Second-quarter pro forma net loss was $0.33 per share, compared with a pro forma net loss of $0.26 per share in the second quarter of 1999. Amazon.com's U.S. Books, Music and DVD/Video segment pro forma operating profit was $10 million. Cumulative customer accounts increased by 2.5 million during the second quarter to more than 22.5 million as of June 30, 2000, and now stand at over 23 million. Repeat customer orders represented 78% of orders in the second quarter, up from 70% the previous year. Trailing 12-month sales per customer who purchased during the 12 months ended June 30, 2000, was $125, up from $108 for the same period a year ago. Total sales outside the United States, including exports from the U.S., were 23% of sales in the second quarter. Amazon.co.uk and Amazon.de sales were $73 million, up 134% from $31 million for the second quarter of 1999. The two sites added more than 500,000 new customer accounts in the second quarter of 2000, bringing their total customer accounts to more than 3 million, up from about 800,000 as of June 30, 1999. "Our vision remains being Earth's most customer-centric company, the best place for customers to find and discover anything they want to buy online," said Jeff Bezos, Amazon.com founder and CEO. "While we continue to see improvements in all of our businesses, we are especially pleased with the profitability in our U.S. Books, Music and Video group and the unusual growth in our Electronics store. For the company as a whole, we're well on our way to achieving our 2000 objectives." "We are pleased to report strong year-over-year growth in revenue, gross margin and operating margin improvement, U.S. Books, Music and DVD/Video segment pro forma operating profitability, and a cash balance of $908 million," said Warren Jenson, Amazon.com chief financial officer. "Looking ahead, we continue to expect pro forma operating losses in the single digits as a percentage of sales by the fourth quarter of this year and strong year-over-year sales growth. In addition we expect to end the year with roughly $1 billion in cash." In July, a worldwide total of 410,000 copies of Harry Potter and the Goblet of Fire were ordered in advance of its release, making it the largest pre-order ever. Amazon.com accounted for nearly 10% of the print run for the book and teamed up with FedEx to deliver 250,000 copies to fans on Saturday, July 8-the first day the book was available to the public. Amazon.com's overall fulfillment expenses, which comprise distribution center costs, customer service costs and net credit card fees, were $88 million, or 15% of sales in the second quarter. A live Webcast of the company's second quarter 2000 financial results conference call can be heard at 5:00 p.m. EDT/2:00 p.m. PDT today at www.amazon.com/ir. The call will also be archived and available until September 30, 2000. RECENT HIGHLIGHTS Branded Platform Amazon.com celebrated its five-year anniversary this month with over 23 million cumulative customers. The World's Most Valuable Brands 2000, Interbrand's annual survey, valued the Amazon.com brand as the 48th most valuable brand in the world, up from 57th in 1999. The Amazon Tools and Hardware, Toys, Video/DVD, Music, Books and Home Living stores were named the overall top stores in their respective categories in the most recent Gomez Internet Scorecard and/or Forrester Research PowerRankings. Amazon.com partnered with Stephen King to provide online payment services for downloading installments of The Plant, a new episodic novel that can be found at www.amazon.com/stephenking. Global Expansion Amazon Anywhere, Amazon.com's mobile e-commerce initiative, extended beyond Amazon.com and Amazon.co.uk to provide easy access to Amazon.de using the Wireless Application Protocol. The global Amazon Anywhere initiative underscores Amazon.com's commitment to enhancing the customer buying experience with the convenience, safety and speed of state-of-the-art wireless commerce. According to the MMXI Europe May 2000 European Audience Ratings Report, the Amazon.co.uk, Amazon.de and Amazon.com sites were the top three online retail sites based on reach. Within the past month, Amazon.co.uk added Software and Video Games stores and Amazon.de added a Video Games store. Expanded Selection and Partnerships Amazon.com launched the Amazon Kitchen store (www.amazon.com/kitchen), featuring thousands of culinary products and accessories alongside in-depth editorial content, including original product reviews, recipes, and cooking and entertaining tips. Amazon.com launched a Home Living store, providing Amazon.com customers direct access to living.com from the top of Amazon.com's welcome page. Home Living visitors can shop for furniture, decorative accessories, bed and bath linens, lighting and rugs. Amazon.com introduced the Amazon.com NextCard Visa, offering no annual fee and the ability to purchase both online and offline while earning reward points that can be redeemed for Amazon.com gift certificates. Amazon.com announced the availability of more than 22,000 hours of spoken audio content from Audible, Inc. Located within the Amazon bookstore, the new audible.com Audio Downloads Store is the only place Amazon.com customers can find more than 4,700 audiobooks plus a vast array of comedy, audio newspapers, magazines, speeches, lectures, language lessons, motivational programs, business information and subscriptions to public radio programs. Amazon Books added Spanish Language, Large Print and Gay & Lesbian stores within the Amazon bookstore. Amazon Music, the No. 1 online music retailer, added several new areas to its store, including Bargain Music, Music Accessories and Classical for Beginners, and it opened the Music Lovers Lounge, which features exclusive live streaming concerts, artist spotlights, interviews, digital downloads and discussion boards. Amazon.com entered into an agreement with Hewlett-Packard to be Amazon.com's primary Internet infrastructure provider and become an anchor tenant in the Amazon Electronics store, providing Amazon.com's customers with an even more extensive selection of HP products. The Amazon Electronics store also added Handspring Visor handheld computers to its ever-growing electronics selection. Handspring appointed Amazon Electronics as the exclusive online reseller for its Visor and Visor Deluxe handheld computers through July 2000. Amazon.com's DVD store, the largest online retailer of DVDs, has become the top retailer (online or offline) for pre-order sales of many of the industry's top DVDs, including the highly anticipated August 29 Braveheart DVD release, with over 26,000 units ordered to date. Amazon zShops introduced new storefront features that offer sellers custom browse, search, featured items, merchant photos and business description functionality. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 23 million customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com, Amazon.co.uk, and Amazon.de on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service-with operations in Seattle; Portland, Oregon; and Southern California-at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in WeddingChannel.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give and receive the right wedding gifts, at www.weddingchannel.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. Historical results of operations are preliminary and unaudited. This press release also contains forward-looking statements, including statements regarding expectations of future sales, pro forma operating losses and cash, all of which are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including the rate of growth of the Internet and online commerce, the amount that Amazon.com invests in new business opportunities and the timing of those investments, customer spending patterns, the mix of products sold to customers, the mix of revenues derived from products sales as compared to services, risks of inventory management, the magnitude of losses arising from investments accounted for under the equity method, the degree to which the company enters into Amazon Commerce Network (ACN) and other strategic transactions, fluctuations in the value of securities and non-cash payments Amazon.com receives in connection with such transactions, and risks of distribution and fulfillment throughput and productivity. Other risks and uncertainties include Amazon.com's limited operating history, anticipated losses, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks associated with distribution center expansion, adverse consequences arising from system interruptions, risks associated with management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000. Note on Financial Presentation Financial results are prepared in accordance with U.S. generally accepted accounting principles. Pro forma financial results exclude amortization of goodwill and other intangibles, equity in losses of equity-method investees, stock-based compensation costs, and merger-, acquisition- and investment-related costs. Customer accounts exclude users of the ACN and catalog businesses but include users of Amazon marketplace services. Trailing 12-month sales per customer figures include revenue recorded from ACN partners and exclude catalog sales and catalog customers. AMAZON.COM, INC.Statements of Operations(in thousands, except per share data)(unaudited)                                                     Three Months Ended                    Six Months Ended                                                       June 30,                     June 30,                                                 2000           1999           2000            1999 Net sales                                     $577,876       $314,377      $1,151,765       $608,019Cost of sales                                  441,812        246,846         887,567        475,696Gross profit                                   136,064         67,531         264,198        132,323 Operating expenses:  Marketing, sales and fulfillment              129,813         86,165         269,924        146,883  Technology and content                         67,132         34,149         128,376         57,552  General and administrative                     28,468         14,469          54,513         25,712  Stock-based compensation                        8,166          4,669          21,818          4,780  Amortization of goodwill        and other intangibles                    80,413         37,150         163,368         58,050  Merger, acquisition and        investment-related costs                  2,449          3,809           4,468          4,208Total operating expenses                       316,441        180,411         642,467        297,185 Loss from operations                          (180,377)      (112,880)      (378,269)     (164,862) Interest income                                 10,314         12,860          20,440         23,780Interest expense                              (33,397)      (28,320)        (61,018)       (44,954)Other expense, net                             (3,272)           (74)         (8,046)          (122)        Net interest expense and other         (26,355)      (15,534)        (48,624)       (21,296) Loss before equity in losses of        equity-method investees                      (206,732)      (128,414)      (426,893)      (186,158) Equity in losses of        equity-method investees                       (110,452)        (9,594)      (198,716)        (13,517) Net loss                                     $(317,184)      $(138,008)     $(625,609)        $(199,675) Basic and diluted loss per share               $(0.91)        $(0.43)         $(1.80)        $(0.63) Shares used in computation of basic        and diluted loss per share (Note 1)     349,886        322,340         346,885        318,106 Pro Forma Results (Note 2 ) Pro forma loss from operations                $(89,349)      $(67,252)      $(188,615)     $(97,824) Pro forma net loss                           $(115,704)      $(82,786)      $(237,239)        $(119,120) Pro forma basic and diluted loss per share        $(0.33)      $(0.26)         $(0.68)        $(0.37) Shares used in computation of pro forma  basic and diluted loss per share (Note 1)     349,886        322,340         346,885        318,106                                      Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying balance sheets and statements of operations have been restated to reflect the splits. Note 2: Pro forma results for the 3-month and 6-month periods ended June 30, 2000 and 1999 are presented for informational purposes only and are not prepared in accordance with generally accepted accounting principles. These results present the operating results of Amazon.com, excluding charges of $201.5 million and $55.2 million for the 3-month periods, and $388.4 million and $80.6 million for the 6-month periods ended June 30, 2000 and 1999, respectively, related to amortization of goodwill and other intangible assets, equity in losses of equity-method investees, stock-based compensation and merger, acquisition and investment-related costs. AMAZON.COM, INC.Balance Sheets(in thousands, except per share data)(unaudited)                                                                 JUNE 30             DECEMBER 31                                                                 2000                   1999ASSETSCurrent assets:        Cash and cash equivalents                               $720,377               $116,962        Marketable securities                                   187,244                589,226        Inventories                                              172,360                220,646        Prepaid expenses and other current assets                 86,659                 85,344               Total current assets                           1,166,640              1,012,178 Fixed assets, net                                               344,042                317,613Goodwill, net                                                   441,240                534,699Other purchased intangibles, net                               155,538                195,445Investments in equity-method investees                                 211,715                226,727Other investments                                                88,261                144,735Deferred charges and other                                      53,294                 40,154               Total assets                                 $2,460,730             $2,471,551 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)Current liabilities:        Accounts payable                                       $286,239               $463,026        Accrued expenses and other current liabilities                  146,874                181,909        Unearned revenue                                        115,566                 54,790        Interest payable                                         41,213                 24,888        Current portion of long-term debt and other               17,731                 14,322               Total current liabilities                       607,623                738,935 Long-term debt                                                2,131,531              1,466,338 Commitments and contingencies Stockholders' equity (deficit)        Preferred stock, $0.01 par value:            Authorized shares -- 500,000            Issued and outstanding shares -- none        Common stock, $0.01 par value:            Authorized shares -- 5,000,000            Issued and outstanding shares --               355,400 and 345,155               shares at June 30, 2000                and December 31, 1999, respectively                 3,554                  3,452        Additional paid-in capital                            1,335,733              1,194,369        Stock-based compensation                               (25,410)               (47,806)        Accumulated other comprehensive loss                    (84,664)                (1,709)        Accumulated deficit                                  (1,507,637)              (882,028)          Total stockholders' equity (deficit)                         (278,424)                266,278          Total liabilities and stockholders' equity (deficit)       $2,460,730             $2,471,551 Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying balance sheets and statements of operations have been restated to reflect the splits. AMAZON.COM, INC.Segment Information(in thousands)(unaudited)                                               Three Months Ended June 30, 2000                                               US Books,                      Early-Stage                                              Music and                      Businesses                                              DVD/Video      International  And Other        Consolidated Net sales                                    $385,275         $73,393       $119,208        $577,876Gross profit                                   86,862          16,286         32,916         136,064Proforma Operating Income (Loss) by Segment     10,056        (34,503)      (64,902)        (89,349)Other operating expenses                        -            -               -                (91,028)Net interest expense and other                   -            -              -                (26,355)Equity in losses of equity-method investees      -            -               -               (110,452)Net loss                                        -            -               -               $(317,184)                                               Three Months Ended June 30, 1999                                               US Books,                      Early-Stage                                              Music and                      Businesses                                              DVD/Video      International  And Other        Consolidated                                                                                            Net sales                                    $279,593        $31,345          $3,439        $314,377Gross profit                                   61,680          6,575           (724)          67,531Proforma Operating Income (Loss) by Segment   (11,147)       (16,034)       (40,071)        (67,252)Other operating expenses                     -               -                -               (45,628)Net interest expense and other                -               -                -               (15,534)Equity in losses of equity-method investees   -               -               -                (9,594)Net loss                                     -               -                -              $(138,008)                                                              Six Months Ended June 30, 2000                                                                                                           US Books,                      Early-Stage                                              Music and                      Businesses                                              DVD/Video      International  And Other        Consolidated                                              Net sales                                     $786,689      $148,525        $216,551       $1,151,765Gross profit                                   169,716        32,323          62,159          264,198Proforma Operating Income (Loss) by Segment         7,630    (61,949)       (134,296)        (188,615)Other operating expenses                       -             -               -                (189,654)Net interest expense and other                 -             -               -                 (48,624)Equity in losses of equity-method investees     -             -               -                (198,716)Net loss                                       -             -               -               $(625,609)                                                              Six Months Ended June 30, 1999                                               US Books,                      Early-Stage                                              Music and                      Businesses                                              DVD/Video      International  And Other        Consolidated               Net sales                                     $547,114         $57,064         $3,841        $608,019Gross profit                                   120,946          11,732          (355)         132,323Proforma Operating Income (Loss) by Segment   (14,264)       (30,287)      (53,273)        (97,824)Other operating expenses                      -               -                -                (67,038)Net interest expense and other                -               -                -                (21,296)Equity in losses of equity-method investees   -               -                -                (13,517)Net loss                                      -               -                -               $(199,675) Note 1: The Company identifies operating segments based on product line information, considering line maturity, within the United States and separately identifies its international operations as an operating segment.
<h3>AMAZON.COM ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER 2000</h3><h4>U.S. Books, Music and DVD/Video Segment Achieves Pro Forma Operating Profitability;Over 23 Million Cumulative Customers Served in Five Years;Cash Balance at $908 Million</h4><p>SEATTLE, WA-July 26, 2000-Amazon.com, Inc. (Nasdaq: AMZN) today announced that net sales for the second quarter of 2000 were $578 million, an increase of 84% over net sales of $314 million for the second quarter of 1999. The Amazon Electronics store, launched in July 1999, became Amazon.com's fastest-growing store yet.</p><p>Pro forma operating loss for the second quarter of 2000 was $89 million, or 15% of sales, compared to a pro forma operating loss of $67 million, or 21% of sales, in the second quarter of 1999. Second-quarter pro forma net loss was $0.33 per share, compared with a pro forma net loss of $0.26 per share in the second quarter of 1999. Amazon.com's U.S. Books, Music and DVD/Video segment pro forma operating profit was $10 million.</p><p>Cumulative customer accounts increased by 2.5 million during the second quarter to more than 22.5 million as of June 30, 2000, and now stand at over 23 million. Repeat customer orders represented 78% of orders in the second quarter, up from 70% the previous year. Trailing 12-month sales per customer who purchased during the 12 months ended June 30, 2000, was $125, up from $108 for the same period a year ago.</p><p>Total sales outside the United States, including exports from the U.S., were 23% of sales in the second quarter. Amazon.co.uk and Amazon.de sales were $73 million, up 134% from $31 million for the second quarter of 1999. The two sites added more than 500,000 new customer accounts in the second quarter of 2000, bringing their total customer accounts to more than 3 million, up from about 800,000 as of June 30, 1999.</p><p>"Our vision remains being Earth's most customer-centric company, the best place for customers to find and discover anything they want to buy online," said Jeff Bezos, Amazon.com founder and CEO. "While we continue to see improvements in all of our businesses, we are especially pleased with the profitability in our U.S. Books, Music and Video group and the unusual growth in our Electronics store. For the company as a whole, we're well on our way to achieving our 2000 objectives."</p><p>"We are pleased to report strong year-over-year growth in revenue, gross margin and operating margin improvement, U.S. Books, Music and DVD/Video segment pro forma operating profitability, and a cash balance of $908 million," said Warren Jenson, Amazon.com chief financial officer. "Looking ahead, we continue to expect pro forma operating losses in the single digits as a percentage of sales by the fourth quarter of this year and strong year-over-year sales growth. In addition we expect to end the year with roughly $1 billion in cash."</p><p>In July, a worldwide total of 410,000 copies of Harry Potter and the Goblet of Fire were ordered in advance of its release, making it the largest pre-order ever. Amazon.com accounted for nearly 10% of the print run for the book and teamed up with FedEx to deliver 250,000 copies to fans on Saturday, July 8-the first day the book was available to the public.</p><p>Amazon.com's overall fulfillment expenses, which comprise distribution center costs, customer service costs and net credit card fees, were $88 million, or 15% of sales in the second quarter.</p><p>A live Webcast of the company's second quarter 2000 financial results conference call can be heard at 5:00 p.m. EDT/2:00 p.m. PDT today at www.amazon.com/ir. The call will also be archived and available until September 30, 2000.</p><h4>RECENT HIGHLIGHTS</h4><p>Branded Platform</p><ul><li>Amazon.com celebrated its five-year anniversary this month with over 23 million cumulative customers.</li><li>The World's Most Valuable Brands 2000, Interbrand's annual survey, valued the Amazon.com brand as the 48th most valuable brand in the world, up from 57th in 1999.</li><li>The Amazon Tools and Hardware, Toys, Video/DVD, Music, Books and Home Living stores were named the overall top stores in their respective categories in the most recent Gomez Internet Scorecard and/or Forrester Research PowerRankings.</li><li>Amazon.com partnered with Stephen King to provide online payment services for downloading installments of The Plant, a new episodic novel that can be found at www.amazon.com/stephenking.</li></ul><p>Global Expansion</p><ul><li>Amazon Anywhere, Amazon.com's mobile e-commerce initiative, extended beyond Amazon.com and Amazon.co.uk to provide easy access to Amazon.de using the Wireless Application Protocol. The global Amazon Anywhere initiative underscores Amazon.com's commitment to enhancing the customer buying experience with the convenience, safety and speed of state-of-the-art wireless commerce.</li><li>According to the MMXI Europe May 2000 European Audience Ratings Report, the Amazon.co.uk, Amazon.de and Amazon.com sites were the top three online retail sites based on reach.</li><li>Within the past month, Amazon.co.uk added Software and Video Games stores and Amazon.de added a Video Games store.</li></ul><p>Expanded Selection and Partnerships</p><ul><li>Amazon.com launched the Amazon Kitchen store (www.amazon.com/kitchen), featuring thousands of culinary products and accessories alongside in-depth editorial content, including original product reviews, recipes, and cooking and entertaining tips.</li><li>Amazon.com launched a Home Living store, providing Amazon.com customers direct access to living.com from the top of Amazon.com's welcome page. Home Living visitors can shop for furniture, decorative accessories, bed and bath linens, lighting and rugs.</li><li>Amazon.com introduced the Amazon.com NextCard Visa, offering no annual fee and the ability to purchase both online and offline while earning reward points that can be redeemed for Amazon.com gift certificates.</li><li>Amazon.com announced the availability of more than 22,000 hours of spoken audio content from Audible, Inc. Located within the Amazon bookstore, the new audible.com Audio Downloads Store is the only place Amazon.com customers can find more than 4,700 audiobooks plus a vast array of comedy, audio newspapers, magazines, speeches, lectures, language lessons, motivational programs, business information and subscriptions to public radio programs.</li><li>Amazon Books added Spanish Language, Large Print and Gay &amp; Lesbian stores within the Amazon bookstore.</li><li>Amazon Music, the No. 1 online music retailer, added several new areas to its store, including Bargain Music, Music Accessories and Classical for Beginners, and it opened the Music Lovers Lounge, which features exclusive live streaming concerts, artist spotlights, interviews, digital downloads and discussion boards.</li><li>Amazon.com entered into an agreement with Hewlett-Packard to be Amazon.com's primary Internet infrastructure provider and become an anchor tenant in the Amazon Electronics store, providing Amazon.com's customers with an even more extensive selection of HP products.</li><li>The Amazon Electronics store also added Handspring Visor handheld computers to its ever-growing electronics selection. Handspring appointed Amazon Electronics as the exclusive online reseller for its Visor and Visor Deluxe handheld computers through July 2000.</li><li>Amazon.com's DVD store, the largest online retailer of DVDs, has become the top retailer (online or offline) for pre-order sales of many of the industry's top DVDs, including the highly anticipated August 29 Braveheart DVD release, with over 26,000 units ordered to date.</li><li>Amazon zShops introduced new storefront features that offer sellers custom browse, search, featured items, merchant photos and business description functionality.</li></ul><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 23 million customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com, Amazon.co.uk, and Amazon.de on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service-with operations in Seattle; Portland, Oregon; and Southern California-at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in WeddingChannel.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give and receive the right wedding gifts, at www.weddingchannel.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>Historical results of operations are preliminary and unaudited. This press release also contains forward-looking statements, including statements regarding expectations of future sales, pro forma operating losses and cash, all of which are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including the rate of growth of the Internet and online commerce, the amount that Amazon.com invests in new business opportunities and the timing of those investments, customer spending patterns, the mix of products sold to customers, the mix of revenues derived from products sales as compared to services, risks of inventory management, the magnitude of losses arising from investments accounted for under the equity method, the degree to which the company enters into Amazon Commerce Network (ACN) and other strategic transactions, fluctuations in the value of securities and non-cash payments Amazon.com receives in connection with such transactions, and risks of distribution and fulfillment throughput and productivity. Other risks and uncertainties include Amazon.com's limited operating history, anticipated losses, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks associated with distribution center expansion, adverse consequences arising from system interruptions, risks associated with management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.</p><p>Note on Financial Presentation</p><p>Financial results are prepared in accordance with U.S. generally accepted accounting principles. Pro forma financial results exclude amortization of goodwill and other intangibles, equity in losses of equity-method investees, stock-based compensation costs, and merger-, acquisition- and investment-related costs.</p><p>Customer accounts exclude users of the ACN and catalog businesses but include users of Amazon marketplace services. Trailing 12-month sales per customer figures include revenue recorded from ACN partners and exclude catalog sales and catalog customers.</p><p>AMAZON.COM, INC.Statements of Operations(in thousands, except per share data)(unaudited)</p><p>                                                    Three Months Ended                    Six Months Ended                                                       June 30,                     June 30,                                                 2000           1999           2000            1999 Net sales                                     $577,876       $314,377      $1,151,765       $608,019Cost of sales                                  441,812        246,846         887,567        475,696Gross profit                                   136,064         67,531         264,198        132,323 Operating expenses:  Marketing, sales and fulfillment              129,813         86,165         269,924        146,883  Technology and content                         67,132         34,149         128,376         57,552  General and administrative                     28,468         14,469          54,513         25,712  Stock-based compensation                        8,166          4,669          21,818          4,780  Amortization of goodwill        and other intangibles                    80,413         37,150         163,368         58,050  Merger, acquisition and        investment-related costs                  2,449          3,809           4,468          4,208Total operating expenses                       316,441        180,411         642,467        297,185 Loss from operations                          (180,377)      (112,880)      (378,269)     (164,862) Interest income                                 10,314         12,860          20,440         23,780Interest expense                              (33,397)      (28,320)        (61,018)       (44,954)Other expense, net                             (3,272)           (74)         (8,046)          (122)        Net interest expense and other         (26,355)      (15,534)        (48,624)       (21,296) Loss before equity in losses of        equity-method investees                      (206,732)      (128,414)      (426,893)      (186,158) Equity in losses of        equity-method investees                       (110,452)        (9,594)      (198,716)        (13,517) Net loss                                     $(317,184)      $(138,008)     $(625,609)        $(199,675) Basic and diluted loss per share               $(0.91)        $(0.43)         $(1.80)        $(0.63) Shares used in computation of basic        and diluted loss per share (Note 1)     349,886        322,340         346,885        318,106 Pro Forma Results (Note 2 ) Pro forma loss from operations                $(89,349)      $(67,252)      $(188,615)     $(97,824) Pro forma net loss                           $(115,704)      $(82,786)      $(237,239)        $(119,120) Pro forma basic and diluted loss per share        $(0.33)      $(0.26)         $(0.68)        $(0.37) Shares used in computation of pro forma  basic and diluted loss per share (Note 1)     349,886        322,340         346,885        318,106                                     </p><p>Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying balance sheets and statements of operations have been restated to reflect the splits.</p><p>Note 2: Pro forma results for the 3-month and 6-month periods ended June 30, 2000 and 1999 are presented for informational purposes only and are not prepared in accordance with generally accepted accounting principles. These results present the operating results of Amazon.com, excluding charges of $201.5 million and $55.2 million for the 3-month periods, and $388.4 million and $80.6 million for the 6-month periods ended June 30, 2000 and 1999, respectively, related to amortization of goodwill and other intangible assets, equity in losses of equity-method investees, stock-based compensation and merger, acquisition and investment-related costs.</p><p>AMAZON.COM, INC.Balance Sheets(in thousands, except per share data)(unaudited)</p><p>                                                                JUNE 30             DECEMBER 31                                                                 2000                   1999ASSETSCurrent assets:        Cash and cash equivalents                               $720,377               $116,962        Marketable securities                                   187,244                589,226        Inventories                                              172,360                220,646        Prepaid expenses and other current assets                 86,659                 85,344               Total current assets                           1,166,640              1,012,178 Fixed assets, net                                               344,042                317,613Goodwill, net                                                   441,240                534,699Other purchased intangibles, net                               155,538                195,445Investments in equity-method investees                                 211,715                226,727Other investments                                                88,261                144,735Deferred charges and other                                      53,294                 40,154               Total assets                                 $2,460,730             $2,471,551 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)Current liabilities:        Accounts payable                                       $286,239               $463,026        Accrued expenses and other current liabilities                  146,874                181,909        Unearned revenue                                        115,566                 54,790        Interest payable                                         41,213                 24,888        Current portion of long-term debt and other               17,731                 14,322               Total current liabilities                       607,623                738,935 Long-term debt                                                2,131,531              1,466,338 Commitments and contingencies Stockholders' equity (deficit)        Preferred stock, $0.01 par value:            Authorized shares -- 500,000            Issued and outstanding shares -- none        Common stock, $0.01 par value:            Authorized shares -- 5,000,000            Issued and outstanding shares --               355,400 and 345,155               shares at June 30, 2000                and December 31, 1999, respectively                 3,554                  3,452        Additional paid-in capital                            1,335,733              1,194,369        Stock-based compensation                               (25,410)               (47,806)        Accumulated other comprehensive loss                    (84,664)                (1,709)        Accumulated deficit                                  (1,507,637)              (882,028)          Total stockholders' equity (deficit)                         (278,424)                266,278          Total liabilities and stockholders' equity (deficit)       $2,460,730             $2,471,551</p><p>Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying balance sheets and statements of operations have been restated to reflect the splits.</p><p>AMAZON.COM, INC.Segment Information(in thousands)(unaudited)</p><p>                                              Three Months Ended June 30, 2000                                               US Books,                      Early-Stage                                              Music and                      Businesses                                              DVD/Video      International  And Other        Consolidated Net sales                                    $385,275         $73,393       $119,208        $577,876Gross profit                                   86,862          16,286         32,916         136,064Proforma Operating Income (Loss) by Segment     10,056        (34,503)      (64,902)        (89,349)Other operating expenses                        -            -               -                (91,028)Net interest expense and other                   -            -              -                (26,355)Equity in losses of equity-method investees      -            -               -               (110,452)Net loss                                        -            -               -               $(317,184)                                               Three Months Ended June 30, 1999                                               US Books,                      Early-Stage                                              Music and                      Businesses                                              DVD/Video      International  And Other        Consolidated                                                                                            Net sales                                    $279,593        $31,345          $3,439        $314,377Gross profit                                   61,680          6,575           (724)          67,531Proforma Operating Income (Loss) by Segment   (11,147)       (16,034)       (40,071)        (67,252)Other operating expenses                     -               -                -               (45,628)Net interest expense and other                -               -                -               (15,534)Equity in losses of equity-method investees   -               -               -                (9,594)Net loss                                     -               -                -              $(138,008)                                                              Six Months Ended June 30, 2000                                                                                                           US Books,                      Early-Stage                                              Music and                      Businesses                                              DVD/Video      International  And Other        Consolidated                                              Net sales                                     $786,689      $148,525        $216,551       $1,151,765Gross profit                                   169,716        32,323          62,159          264,198Proforma Operating Income (Loss) by Segment         7,630    (61,949)       (134,296)        (188,615)Other operating expenses                       -             -               -                (189,654)Net interest expense and other                 -             -               -                 (48,624)Equity in losses of equity-method investees     -             -               -                (198,716)Net loss                                       -             -               -               $(625,609)                                                              Six Months Ended June 30, 1999                                               US Books,                      Early-Stage                                              Music and                      Businesses                                              DVD/Video      International  And Other        Consolidated               Net sales                                     $547,114         $57,064         $3,841        $608,019Gross profit                                   120,946          11,732          (355)         132,323Proforma Operating Income (Loss) by Segment   (14,264)       (30,287)      (53,273)        (97,824)Other operating expenses                      -               -                -                (67,038)Net interest expense and other                -               -                -                (21,296)Equity in losses of equity-method investees   -               -                -                (13,517)Net loss                                      -               -                -               $(199,675)</p><p>Note 1: The Company identifies operating segments based on product line information, considering line maturity, within the United States and separately identifies its international operations as an operating segment.</p>
Amazon.com President, COO Joseph Galli Resigns
/news/news-details/2000/Amazon.com-President-COO-Joseph-Galli-Resigns/default.aspx
Amazon.com-President-COO-Joseph-Galli-Resigns
4,180
07/25/2000 00:00:00
Amazon.com President, COO Joseph Galli Resigns
07/25/2000
2000
SEATTLE--July 25, 2000--Amazon.com (Nasdaq:AMZN) today announced that Joe Galli, president and chief operating officer, is leaving the company for personal reasons. Amazon.com founder and CEO Jeff Bezos said, "We'd like to thank Joe for his hard work and accomplishments over the last year. I believe he is making the right decision for him and his family circumstances. We all wish him the very best." Bezos will continue as CEO and resume the duties of president. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in WeddingChannel.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give and receive the right wedding gifts, at www.weddingchannel.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.
<p>SEATTLE--July 25, 2000--Amazon.com (Nasdaq:AMZN) today announced that Joe Galli, president and chief operating officer, is leaving the company for personal reasons.</p><p>Amazon.com founder and CEO Jeff Bezos said, "We'd like to thank Joe for his hard work and accomplishments over the last year. I believe he is making the right decision for him and his family circumstances. We all wish him the very best."</p><p>Bezos will continue as CEO and resume the duties of president.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in WeddingChannel.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give and receive the right wedding gifts, at www.weddingchannel.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.</p>
Amazon.com Chosen by Stephen King to Facilitate Payment for Exclusive Serialized Online Novel, The Plant
/news/news-details/2000/Amazon.com-Chosen-by-Stephen-King-to-Facilitate-Payment-for-Exclusive-Serialized-Online-Novel-The-Plant/default.aspx
Amazon.com-Chosen-by-Stephen-King-to-Facilitate-Payment-for-Exclusive-Serialized-Online-Novel-The-Plant
4,181
07/24/2000 00:00:00
Amazon.com Chosen by Stephen King to Facilitate Payment for Exclusive Serialized Online Novel, The Plant
07/24/2000
2000
SEATTLE--July 24, 2000--Amazon.com (www.amazon.com) has been chosen by Stephen King to provide payment services via Amazon.com Payments for his novel in progress, The Plant. In an ambitious publishing experiment, monthly installments of The Plant will be available for download only on www.stephenking.com, with King asking his readers to pay $1 for each installment on the honor system. The first installment of The Plant was made available today, and the second installment will be posted on King's site on August 21. Amazon.com was selected by King to provide a secure, easy-to-use online payment system for The Plant, a novel set in the early 1980s. Readers will be linked from www.stephenking.com to Amazon.com Payments to make their payments by credit card, cash, check or money order. Readers will then be returned to King's site to complete their downloads. Readers have the option of either paying immediately prior to download or downloading the installment with the promise to pay later. King has said that he plans to continue the series after the first two installments if a sufficient number of readers who download them honor his request for payment. In King's own words, "If you pay, the story rolls. If you don't, the story folds." The third installment of The Plant would be posted in September. "I am delighted that Amazon.com is providing a safe and easy way for readers to pay for The Plant," said King. "By doing so, Amazon.com has considerably upped our chances for success in this innovative publishing experiment." "King's distribution of The Plant using an online honor system is a groundbreaking innovation, and Amazon.com is proud to support this experiment by making its convenient, trusted payment system available to Stephen King fans everywhere," said Alan Caplan, vice president and general manager of product development for Amazon.com. "By providing King's readers with Amazon.com's secure payment technology and outstanding customer service, we will help them pay King quickly and easily so that they can start enjoying the story." As a service to Amazon.com customers who wish to learn more about downloading The Plant, a link will be available at www.amazon.com/stephenking. Amazon.com Payments provides an integrated payment system that allows buyers and sellers to use their credit cards to pay each other online. The system allows sellers in Amazon.com Auctions, zShops and sothebys.amazon.com to accept secure credit card payments from Amazon.com's more than 20 million customers, while buyers enjoy the convenience of 1-Click shopping. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in WeddingChannel.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give and receive the right wedding gifts, at www.weddingchannel.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.
<p>SEATTLE--July 24, 2000--Amazon.com (www.amazon.com) has been chosen by Stephen King to provide payment services via Amazon.com Payments for his novel in progress, The Plant.</p><p>In an ambitious publishing experiment, monthly installments of The Plant will be available for download only on www.stephenking.com, with King asking his readers to pay $1 for each installment on the honor system. The first installment of The Plant was made available today, and the second installment will be posted on King's site on August 21.</p><p>Amazon.com was selected by King to provide a secure, easy-to-use online payment system for The Plant, a novel set in the early 1980s. Readers will be linked from www.stephenking.com to Amazon.com Payments to make their payments by credit card, cash, check or money order. Readers will then be returned to King's site to complete their downloads.</p><p>Readers have the option of either paying immediately prior to download or downloading the installment with the promise to pay later. King has said that he plans to continue the series after the first two installments if a sufficient number of readers who download them honor his request for payment. In King's own words, "If you pay, the story rolls. If you don't, the story folds." The third installment of The Plant would be posted in September.</p><p>"I am delighted that Amazon.com is providing a safe and easy way for readers to pay for The Plant," said King. "By doing so, Amazon.com has considerably upped our chances for success in this innovative publishing experiment."</p><p>"King's distribution of The Plant using an online honor system is a groundbreaking innovation, and Amazon.com is proud to support this experiment by making its convenient, trusted payment system available to Stephen King fans everywhere," said Alan Caplan, vice president and general manager of product development for Amazon.com. "By providing King's readers with Amazon.com's secure payment technology and outstanding customer service, we will help them pay King quickly and easily so that they can start enjoying the story."</p><p>As a service to Amazon.com customers who wish to learn more about downloading The Plant, a link will be available at www.amazon.com/stephenking.</p><p>Amazon.com Payments provides an integrated payment system that allows buyers and sellers to use their credit cards to pay each other online. The system allows sellers in Amazon.com Auctions, zShops and sothebys.amazon.com to accept secure credit card payments from Amazon.com's more than 20 million customers, while buyers enjoy the convenience of 1-Click shopping.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in WeddingChannel.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give and receive the right wedding gifts, at www.weddingchannel.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.</p>
Bidpath Corporation and LiveBid Amazon.com Auctions Form Alliance to Bring Innovative Internet Efficiencies to Auctioneers Around the World
/news/news-details/2000/Bidpath-Corporation-and-LiveBid-Amazon.com-Auctions-Form-Alliance-to-Bring-Innovative-Internet-Efficiencies-to-Auctioneers-Around-the-World/default.aspx
Bidpath-Corporation-and-LiveBid-Amazon.com-Auctions-Form-Alliance-to-Bring-Innovative-Internet-Efficiencies-to-Auctioneers-Around-the-World
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07/18/2000 00:00:00
Bidpath Corporation and LiveBid Amazon.com Auctions Form Alliance to Bring Innovative Internet Efficiencies to Auctioneers Around the World
07/18/2000
2000
BELLEVUE, Wash.--July 18, 2000--Bidpath Corporation (http://www.bidpath.com), the universal platform and e-infrastructure solution provider for the $200 billion U.S. traditional auction industry, announced today a strategic alliance with Amazon.com LiveBid Auctions, to integrate company capabilities and bring auctioneers the best technical Internet efficiencies on the market today. According to the agreement, Bidpath and Amazon.com LiveBid Auctions will co-market to auctioneers, cross-sell to B2B and B2C auction customers and combine online and live broadcast technologies to provide greater ability and convenience to attract buyers and sellers around the globe. "Bidpath is thrilled to be working with Amazon.com LiveBid Auctions, they are the most experienced and recognized names in the auction industry," said Scott Laster, CEO of Bidpath Corporation. "This relationship combines our respective strengths. Amazon recognizes Bidpath's strength as an infrastructure and distribution solution to the online Internet economy." Jon Bengtsson of Amazon.com LiveBid Auctions agreed saying, "The Bidpath solution creates comprehensive answers and new time-saving conveniences -- exactly what auctioneers have long been asking for. "By combining our respective strengths, we create one-stop shopping experiences for auctioneers and their customers," continued Jon Bengtsson. "The Amazon.com LiveBid Auctions technology empowers many more potential bidders to participate as virtual buyers via the Internet, while Bidpath technology allows us to find win-win solutions for sellers and buyers thousands of times a day." The consolidation of each company's proprietary technologies brings together for the first time a complete solution to bridge the traditional and the online auction industries. The tools, software and distribution network of Bidpath and the live bidding technology and customers of Amazon.com LiveBid.com Auctions, is designed to breathe new vitality into a non-efficient and fragmented, four-thousand year old industry. The Bidpath and Amazon.com LiveBid Auctions alliance was announced at the National Auctioneers Association Convention in Norfolk, Virginia today. Both companies are key sponsors of the weeklong event. The NAA membership roster includes close to six-thousand auctioneers from the United States and Canada. The $200 billion annual U.S. traditional auction market has had difficulty accessing the Internet until recently when Bidpath deployed their industry-specific solution. Auctioneers struggled to efficiently gather information and get massive numbers of listings, which make up a single auction, properly distributed on the Internet. Bidpath offers traditional auctioneers proprietary technology and a comprehensive network of online auction powerhouses to distribute their inventories. By using the Bidpath system, customers gain 10-fold improvements in efficiencies in existing business practices and add distribution to the Internet. Bidpath simplifies the process through the company's patent-pending firmware that comes loaded on a special digital camera. The information is later downloaded to a laptop computer onto Bidpath software. These listings are transferred to Bidpath and automatically distributed by category to the most appropriate online auction exchanges partnered. Bidpath introduced their infrastructure and distribution solution in June. Since then, the company has introduced partnerships with traditional auction companies that include John Roebuck & Associates, Inc., whose founder, John Roebuck, is currently the President of the National Auctioneers Association, and George Cunningham & Associates, Inc. from Phoenix, Arizona. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc. and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 13 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com seeks to be the world's most customer-centric company where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. About Bidpath Bidpath Corporation (http://www.bidpath.com) is building a bridge between bricks-n-mortar auction companies and B2B and business to consumer online auction powerhouses. Bidpath has built a comprehensive solution, to give traditional auction companies the tools they need to bring Internet efficiencies to the world of real auctions and taking a long labor-intensive process and making it easy. Bidpath has tapped the power of the Internet through a wide array of online auction sites to bring together existing communities. Bidpath has a first-mover advantage in the large, fragmented and self-sustaining marketplace of traditional auctioneers. Bidpath was incorporated in April 1999 and is headquarter in Bellevue, Washington. The company completed its Series A funding round in December 1999. Timberline Venture Capital, the Northwest affiliate of Draper, Fisher, Jurvetson (www.dfj.com) was the lead investor.
<p>BELLEVUE, Wash.--July 18, 2000--Bidpath Corporation (http://www.bidpath.com), the universal platform and e-infrastructure solution provider for the $200 billion U.S. traditional auction industry, announced today a strategic alliance with Amazon.com LiveBid Auctions, to integrate company capabilities and bring auctioneers the best technical Internet efficiencies on the market today.</p><p>According to the agreement, Bidpath and Amazon.com LiveBid Auctions will co-market to auctioneers, cross-sell to B2B and B2C auction customers and combine online and live broadcast technologies to provide greater ability and convenience to attract buyers and sellers around the globe.</p><p>"Bidpath is thrilled to be working with Amazon.com LiveBid Auctions, they are the most experienced and recognized names in the auction industry," said Scott Laster, CEO of Bidpath Corporation. "This relationship combines our respective strengths. Amazon recognizes Bidpath's strength as an infrastructure and distribution solution to the online Internet economy."</p><p>Jon Bengtsson of Amazon.com LiveBid Auctions agreed saying, "The Bidpath solution creates comprehensive answers and new time-saving conveniences -- exactly what auctioneers have long been asking for.</p><p>"By combining our respective strengths, we create one-stop shopping experiences for auctioneers and their customers," continued Jon Bengtsson. "The Amazon.com LiveBid Auctions technology empowers many more potential bidders to participate as virtual buyers via the Internet, while Bidpath technology allows us to find win-win solutions for sellers and buyers thousands of times a day."</p><p>The consolidation of each company's proprietary technologies brings together for the first time a complete solution to bridge the traditional and the online auction industries. The tools, software and distribution network of Bidpath and the live bidding technology and customers of Amazon.com LiveBid.com Auctions, is designed to breathe new vitality into a non-efficient and fragmented, four-thousand year old industry.</p><p>The Bidpath and Amazon.com LiveBid Auctions alliance was announced at the National Auctioneers Association Convention in Norfolk, Virginia today. Both companies are key sponsors of the weeklong event. The NAA membership roster includes close to six-thousand auctioneers from the United States and Canada.</p><p>The $200 billion annual U.S. traditional auction market has had difficulty accessing the Internet until recently when Bidpath deployed their industry-specific solution. Auctioneers struggled to efficiently gather information and get massive numbers of listings, which make up a single auction, properly distributed on the Internet. Bidpath offers traditional auctioneers proprietary technology and a comprehensive network of online auction powerhouses to distribute their inventories.</p><p>By using the Bidpath system, customers gain 10-fold improvements in efficiencies in existing business practices and add distribution to the Internet. Bidpath simplifies the process through the company's patent-pending firmware that comes loaded on a special digital camera. The information is later downloaded to a laptop computer onto Bidpath software. These listings are transferred to Bidpath and automatically distributed by category to the most appropriate online auction exchanges partnered.</p><p>Bidpath introduced their infrastructure and distribution solution in June. Since then, the company has introduced partnerships with traditional auction companies that include John Roebuck &amp; Associates, Inc., whose founder, John Roebuck, is currently the President of the National Auctioneers Association, and George Cunningham &amp; Associates, Inc. from Phoenix, Arizona.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc. and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 13 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com seeks to be the world's most customer-centric company where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>About Bidpath</p><p>Bidpath Corporation (http://www.bidpath.com) is building a bridge between bricks-n-mortar auction companies and B2B and business to consumer online auction powerhouses. Bidpath has built a comprehensive solution, to give traditional auction companies the tools they need to bring Internet efficiencies to the world of real auctions and taking a long labor-intensive process and making it easy. Bidpath has tapped the power of the Internet through a wide array of online auction sites to bring together existing communities. Bidpath has a first-mover advantage in the large, fragmented and self-sustaining marketplace of traditional auctioneers. Bidpath was incorporated in April 1999 and is headquarter in Bellevue, Washington. The company completed its Series A funding round in December 1999. Timberline Venture Capital, the Northwest affiliate of Draper, Fisher, Jurvetson (www.dfj.com) was the lead investor.</p>
Amazon.com Celebrates Fifth Anniversary; Timeline Illustrates Milestones and Little Known Facts About Leading Online Retailer's First Five Years
/news/news-details/2000/Amazon.com-Celebrates-Fifth-Anniversary-Timeline-Illustrates-Milestones-and-Little-Known-Facts-About-Leading-Online-Retailers-First-Five-Years/default.aspx
Amazon.com-Celebrates-Fifth-Anniversary-Timeline-Illustrates-Milestones-and-Little-Known-Facts-About-Leading-Online-Retailers-First-Five-Years
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07/12/2000 00:00:00
Amazon.com Celebrates Fifth Anniversary; Timeline Illustrates Milestones and Little Known Facts About Leading Online Retailer's First Five Years
07/12/2000
2000
July 12, 2000-- What: Five years ago this week, Jeff Bezos launched Amazon.com -- a small online book retailer -- from his garage. The company's mission? Leverage the Internet to transform book buying into the fastest, easiest and most enjoyable online shopping experience, while becoming the Earth's most customer-centric company. Today Amazon.com is the world's leading online retailer, whose customer-centric mission includes being the place to find and discover anything (with a capital "A") one wants to buy online. The company's customer base and product offerings have exploded since the early days ... and Amazon.com is today recognized as a pioneer in changing the way people shop. The proliferation of the Internet and e-commerce has raised the customer experience bar, shifting power from the retailer to the customer. Amazon.com has believed in and supported this evolution since it opened it virtual doors in 1995. Graphic: Amazon.com's five year history includes numerous well- and little-known milestones, ranging from ground-breaking e-commerce developments to funny, behind the scenes anecdotes. Here are just a few of the highlights that have helped build Amazon.com's 20+ million customer base. Recommended usage size: Minimum of 6" wide. Color and black-and-white versions attached. Text Only: Following is a text-only version of this graphic, which includes several, additional little-known Amazon.com facts for use in editorial coverage. Notes: Amazon.com currently lists more than 18 million unique items in categories such as books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software and video games, as well as auctions. zShops, and electronic greeting cards. For more information, contact Kristin Schaefer at 206/266-7180, kristins@amazon.com. Five years of Amazon.com July 1995 -- Amazon.com opens for business. Systems beep every time customer places an order. Constant beeping drives employees nuts. Beeper disabled. Orders, thankfully, continue. -- By month's end, books shipped to all 50 states in the U.S. and 45 countries worldwide. September 1995 -- Seattle Yellow Pages listing under "bookstores" results in customers trying to place orders by phone. We were kind of hoping they'd use the Web site. We don't renew the listing.(a) October 1995 -- First 100-order day. (First 100-order hour comes less than a year later. One hundred-order minutes are common today).(a) November 1995 -- Moved Web site to new office in back seat of chief programmer's Honda. Site down for just 20 minutes. July 1996 -- Associates Program launched. First Amazon.com Associate is Pure-bred PuppyNet. www.puppynet.com. Most common response in the office: "awwww..." (Today, there are more than 450,000 Amazon.com Associates.)(a) May 1997 -- IPO -- Amazon.com appears on the NASDAQ as AMZN(a) July 1997 -- Forty-four Amazonians co-author online short story with John Updike, who pens the opening and closing paragraphs. Amazon.com editors go cross-eyed reading through thousands of entries daily. September 1997 -- Instant gratification reaches new heights: 1-Click(R)shopping introduced. (a) -- Lucky customer wins law school on us, in contest celebrating publication of John Grisham's The Street Lawyer. October 1997 -- One-millionth customer places order. It's hand-delivered to Japan by Jeff Bezos. Package contains Windows NT manual and Kitty Kelly's Princess Di biography.(a) November 1997 -- Vice President Al Gore drops by. Works customer service phone queues. Looks spiffy in headset. Doesn't do a bad job, at all.(a) January 1998 -- Amazon.com announces its 1997 bestseller list, a cool mix of fiction, design and technology titles. February 1998 -- The little guy gets a leg up as Amazon.com Advantage launches, leveling the playing field for independent publishers. (Program now includes music and video.) (a) April 1998 -- Amazon.com acquires the Internet Movie Database (IMDB). There is much rejoicing. May 1998 -- Garry Trudeau joins with Amazon.com customers to pen the first collaborative online comic strip, The People's Doonsbury @amazon.com. Thousands enter panel captions daily. The outcome is a good giggle, if we do say so: http://www.amazon.com/exec/obidos/subst/promotions /doonesbury/doonesbury-home.html/). June 1998 -- Drumroll, please: Amazon Music opens for business.(a) October 1998 -- We're international! Amazon.co.uk and Amazon.de open. (a) -- Stephen King stops by to sign few copies of Bag of Bones. A Corgi-owner himself, King writes a lovely inscription in one book to the original company pooch, a Corgi named Rufus. November 1998 -- We're ready for our closeup, DeMille: Amazon Video & DVD opens. (a) December 1998 -- More than 1 million new customers shop Amazon.com during the holiday season. Employees from every department in the company work 'round-the-clock -- wrapping, packing and shipping orders to insure they'll be delivered in time for the holidays. March 1999 -- Amazon Auctions opens, bringing virtual, gavel-dropping fun to homes worldwide. April 1999 -- Amazon E-cards launches, based on the belief that if cards were free, the world would be a better place. Woof, the waving English Bulldog, quickly pulls to the head of the e-cards pack.(a) May 1999 -- All New York Times bestseller list titles are discounted to 50 percent, everyday (and they still are). June 1999 -- Ten-millionth customer served. Customer population is now equivalent to the population of Greece. The order? A set of golf clubs, purchased via Amazon Auctions. -- Amazon.com becomes first Internet retailer to offer free digital music downloads to customers with offerings from Lyle Lovett and Randy Newman to Sarah McLachlan and Public Enemy. July 1999 -- Amazon Toys opens for business. Customers' Slinky needs, thankfully, are met.(a) -- Amazon Electronics opens for business, quickly upping the number of Pilots in the world's palms. -- A welcome pop cultural embrace: Amazon.com is the answer to a Jeopardy question and a punch line in a Jay Leno monologue joke. September 1999 -- Amazon zShops launches, enabling anyone to offer merchandise for sale at Amazon.com, be they micro- or major manufacturers, small businesses or global corporations, specialized retailers or "mega-conglomerates". November 1999 -- Four new stores join the Amazon.com family: Software, Video Games, Gift Ideas and Tools and Hardware. Finally -- we provide customers with the tools they need to build shelves for all the stuff they've been buying from us! -- Amazon.com launches its Wishlist service. Countless customers get presents they actually want for the holidays. Harmony reigns. -- Sothebys.amazon.com launches, bringing authenticated art and collectibles to our auction experience. First offerings include Austin Powers' Spy Who Shagged Me Time Machine and salvaged treasure from the "Ship of Gold," the SS Central America. December 1999 -- Amazon.com has now shipped 20 million items to 150 countries worldwide. (a) -- Eight-o-clock p.m., 12/23. Deluxe Scrabble set ordered. It arrives in Honolulu the next day. -- Jeff Bezos is chosen as Time Magazine's Person of the Year. January 2000 -- Customers smile. New logo smiles back.(a) -- You ain't heard nothin' yet: Amazon.com and Audible, Inc. team up to provide Amazon.com customers with spoken-word content online. April 2000 -- Amazon Lawn and Patio opens. Buying online gives customers more time to enjoy both lawns and patios. May 2000 -- Calling all cooks! Amazon Kitchen is open for business. July 2000 -- Amazon.com celebrates fifth anniversary! Twenty million customers now served -- and we're ready for more! (a) = Appears on timeline graphic Note to editors: The URL under the May 1998 section has been broken up to fit. Note: A Photo is available at URL: http://www.businesswire.com/cgi-bin/photo.cgi?pw.071200/bw1.
<p>July 12, 2000--</p><p>What:</p><pre> Five years ago this week, Jeff Bezos launched Amazon.com -- a small online book retailer -- from his garage. The company's mission? Leverage the Internet to transform book buying into the fastest, easiest and most enjoyable online shopping experience, while becoming the Earth's most customer-centric company. Today Amazon.com is the world's leading online retailer, whose customer-centric mission includes being the place to find and discover anything (with a capital "A") one wants to buy online. The company's customer base and product offerings have exploded since the early days ... and Amazon.com is today recognized as a pioneer in changing the way people shop. The proliferation of the Internet and e-commerce has raised the customer experience bar, shifting power from the retailer to the customer. Amazon.com has believed in and supported this evolution since it opened it virtual doors in 1995. Graphic: Amazon.com's five year history includes numerous well- and little-known milestones, ranging from ground-breaking e-commerce developments to funny, behind the scenes anecdotes. Here are just a few of the highlights that have helped build Amazon.com's 20+ million customer base. Recommended usage size: Minimum of 6" wide. Color and black-and-white versions attached. Text Only: Following is a text-only version of this graphic, which includes several, additional little-known Amazon.com facts for use in editorial coverage. Notes: Amazon.com currently lists more than 18 million unique items in categories such as books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software and video games, as well as auctions. zShops, and electronic greeting cards.</pre><p>For more information, contact Kristin Schaefer at 206/266-7180, kristins@amazon.com.</p><p>Five years of Amazon.com</p><p>July 1995</p><p>-- Amazon.com opens for business. Systems beep every time</p><p>customer places an order. Constant beeping drives employees</p><p>nuts. Beeper disabled. Orders, thankfully, continue.</p><p>-- By month's end, books shipped to all 50 states in the U.S. and</p><p>45 countries worldwide.</p><p>September 1995</p><p>-- Seattle Yellow Pages listing under "bookstores" results in</p><p>customers trying to place orders by phone. We were kind of</p><p>hoping they'd use the Web site. We don't renew the listing.(a)</p><p>October 1995</p><p>-- First 100-order day. (First 100-order hour comes less than a</p><p>year later. One hundred-order minutes are common today).(a)</p><p>November 1995</p><p>-- Moved Web site to new office in back seat of chief</p><p>programmer's Honda. Site down for just 20 minutes.</p><p>July 1996</p><p>-- Associates Program launched. First Amazon.com Associate is</p><pre> Pure-bred PuppyNet. www.puppynet.com. Most common response in the office: "awwww..." (Today, there are more than 450,000 Amazon.com Associates.)(a) May 1997 -- IPO -- Amazon.com appears on the NASDAQ as AMZN(a) July 1997 -- Forty-four Amazonians co-author online short story with John Updike, who pens the opening and closing paragraphs. Amazon.com editors go cross-eyed reading through thousands of entries daily. September 1997 -- Instant gratification reaches new heights: 1-Click(R)shopping introduced. (a) -- Lucky customer wins law school on us, in contest celebrating publication of John Grisham's The Street Lawyer. October 1997 -- One-millionth customer places order. It's hand-delivered to Japan by Jeff Bezos. Package contains Windows NT manual and Kitty Kelly's Princess Di biography.(a) November 1997 -- Vice President Al Gore drops by. Works customer service phone queues. Looks spiffy in headset. Doesn't do a bad job, at all.(a) January 1998 -- Amazon.com announces its 1997 bestseller list, a cool mix of fiction, design and technology titles. February 1998 -- The little guy gets a leg up as Amazon.com Advantage launches, leveling the playing field for independent publishers. (Program now includes music and video.) (a) April 1998 -- Amazon.com acquires the Internet Movie Database (IMDB). There is much rejoicing. May 1998 -- Garry Trudeau joins with Amazon.com customers to pen the first collaborative online comic strip, The People's Doonsbury @amazon.com. Thousands enter panel captions daily. The outcome is a good giggle, if we do say so: http://www.amazon.com/exec/obidos/subst/promotions /doonesbury/doonesbury-home.html/). June 1998 -- Drumroll, please: Amazon Music opens for business.(a) October 1998</pre><p>-- We're international! Amazon.co.uk and Amazon.de open. (a)</p><p>-- Stephen King stops by to sign few copies of Bag of Bones. A</p><p>Corgi-owner himself, King writes a lovely inscription in one</p><p>book to the original company pooch, a Corgi named Rufus.</p><p>November 1998</p><p>-- We're ready for our closeup, DeMille: Amazon Video &amp; DVD</p><p>opens. (a)</p><p>December 1998</p><p>-- More than 1 million new customers shop Amazon.com during the</p><pre> holiday season. Employees from every department in the company work 'round-the-clock -- wrapping, packing and shipping orders to insure they'll be delivered in time for the holidays. March 1999 -- Amazon Auctions opens, bringing virtual, gavel-dropping fun to homes worldwide. April 1999 -- Amazon E-cards launches, based on the belief that if cards were free, the world would be a better place. Woof, the waving English Bulldog, quickly pulls to the head of the e-cards pack.(a) May 1999 -- All New York Times bestseller list titles are discounted to 50 percent, everyday (and they still are). June 1999 -- Ten-millionth customer served. Customer population is now equivalent to the population of Greece. The order? A set of golf clubs, purchased via Amazon Auctions. -- Amazon.com becomes first Internet retailer to offer free digital music downloads to customers with offerings from Lyle Lovett and Randy Newman to Sarah McLachlan and Public Enemy. July 1999 -- Amazon Toys opens for business. Customers' Slinky needs, thankfully, are met.(a) -- Amazon Electronics opens for business, quickly upping the number of Pilots in the world's palms. -- A welcome pop cultural embrace: Amazon.com is the answer to a Jeopardy question and a punch line in a Jay Leno monologue joke. September 1999 -- Amazon zShops launches, enabling anyone to offer merchandise for sale at Amazon.com, be they micro- or major manufacturers, small businesses or global corporations, specialized retailers or "mega-conglomerates". November 1999 -- Four new stores join the Amazon.com family: Software, Video Games, Gift Ideas and Tools and Hardware. Finally -- we provide customers with the tools they need to build shelves for all the stuff they've been buying from us! -- Amazon.com launches its Wishlist service. Countless customers get presents they actually want for the holidays. Harmony reigns. -- Sothebys.amazon.com launches, bringing authenticated art and collectibles to our auction experience. First offerings include Austin Powers' Spy Who Shagged Me Time Machine and salvaged treasure from the "Ship of Gold," the SS Central America. December 1999 -- Amazon.com has now shipped 20 million items to 150 countries worldwide. (a) -- Eight-o-clock p.m., 12/23. Deluxe Scrabble set ordered. It arrives in Honolulu the next day. -- Jeff Bezos is chosen as Time Magazine's Person of the Year. January 2000 -- Customers smile. New logo smiles back.(a) -- You ain't heard nothin' yet: Amazon.com and Audible, Inc. team up to provide Amazon.com customers with spoken-word content online. April 2000 -- Amazon Lawn and Patio opens. Buying online gives customers more time to enjoy both lawns and patios. May 2000 -- Calling all cooks! Amazon Kitchen is open for business. July 2000 -- Amazon.com celebrates fifth anniversary! Twenty million customers now served -- and we're ready for more!(a) = Appears on timeline graphic</pre><p>Note to editors: The URL under the May 1998 section has been broken up to fit.</p><p>Note: A Photo is available at URL:</p><p>http://www.businesswire.com/cgi-bin/photo.cgi?pw.071200/bw1.</p>
Amazon.com Makes E-commerce History With Day-of-Launch Delivery of Highly Anticipated Harry Potter and the Goblet of Fire
/news/news-details/2000/Amazon.com-Makes-E-commerce-History-With-Day-of-Launch-Delivery-of-Highly-Anticipated-Harry-Potter-and-the-Goblet-of-Fire/default.aspx
Amazon.com-Makes-E-commerce-History-With-Day-of-Launch-Delivery-of-Highly-Anticipated-Harry-Potter-and-the-Goblet-of-Fire
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07/10/2000 00:00:00
Amazon.com Makes E-commerce History With Day-of-Launch Delivery of Highly Anticipated Harry Potter and the Goblet of Fire
07/10/2000
2000
SEATTLE--July 10, 2000--In what is sure to be one of the largest sales and distribution events in e-commerce history, the leading online retailer, Amazon.com (www.amazon.com), teamed up with FedEx to deliver 250,000 copies of Harry Potter and the Goblet of Fire to eager fans across the country on Saturday, July 8--the first day the book was available to the public. Amazon.com joined with FedEx (NYSE:FDX) to provide complimentary Saturday delivery upgrades by FedEx Home Delivery and FedEx Express for the first 250,000 orders placed via the Amazon.com Web site. To deliver this unprecedented number of books, 100 regularly scheduled FedEx flights, 9,000 FedEx delivery personnel and vehicles from 700 stations were mobilized from Amazon.com distribution centers. "As a simple Muggle, I am astounded at the huge number of pre-orders we received for Harry Potter and the Goblet of Fire," said Jeff Bezos, Amazon.com founder and CEO. "Our customers run the gamut from mothers and fathers to grandparents, professionals, and students. And everyone, and I mean everyone, loves Harry Potter." "Not since Santa Claus, the elves and the reindeer has one delivery made this many kids happy," said Lyn Blake, general manager of Amazon.com Books. "It's been an exciting experience for our whole staff to play such an integral role in this major event." The following statistics showcase the immense level of this distribution event: -- Harry Potter and the Goblet of Fire weighs in at 2.7 pounds per copy. To date, Amazon.com has shipped approximately 675,000 pounds (more than 300 tons) of the book -- At 752 pages per copy, Amazon.com delivered more than 188 million pages of Harry Potter magic on Saturday, July 8 -- At 9 1/4 inches in length, the Amazon.com/FedEx Harry Potter shipment would span 36 miles if lined up end-to-end "This is a classic example of how the speed of online shopping can be combined with innovative fulfillment solutions to satisfy customers," said T. Michael Glenn, FedEx executive vice president of market development and corporate communications. "FedEx developed a customized logistics solution for Amazon.com by combining the physical and electronic resources of its new FedEx Home Delivery network and its premiere Express shipping service." In addition, as of 12:01 a.m. on Saturday, July 8, a total of 350,020 copies of Harry Potter and the Goblet of Fire had been advance-ordered on Amazon.com, making the title the retailer's largest pre-order ever. One of the most popular books in publishing history, Harry Potter and the Goblet of Fire remained No. 1 on Amazon.com's bestseller list for 17 out of the last 23 weeks--all prior to the book's actual release date. Harry Potter and the Goblet of Fire received more than eight times the number of advance orders received for the third Harry Potter book, Harry Potter and the Prisoner of Azkaban, with 40,000 orders, or for the second highest pre-order total at Amazon.com, John Grisham's The Brethren at 43,000 orders. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000. About FedEx With annual revenues exceeding $18 billion, FedEx Corp. is the premier global provider of transportation, logistics, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small package ground delivery service; FedEx Logistics, an integrated logistics, technology and transportation-solution company; FedEx Custom Critical, the world's largest provider of expedited time-critical shipments; FedEx Trade Networks Inc., providing customs brokerage, consulting, information technology and trade facilitation solutions; and Viking Freight, the leading regional freight carrier in the western United States. More than 2.5 million customers are connected electronically through the FedEx information network, and approximately two-thirds of its U.S. domestic transactions are now handled online.
<p>SEATTLE--July 10, 2000--In what is sure to be one of the largest sales and distribution events in e-commerce history, the leading online retailer, Amazon.com (www.amazon.com), teamed up with FedEx to deliver 250,000 copies of Harry Potter and the Goblet of Fire to eager fans across the country on Saturday, July 8--the first day the book was available to the public.</p><p>Amazon.com joined with FedEx (NYSE:FDX) to provide complimentary Saturday delivery upgrades by FedEx Home Delivery and FedEx Express for the first 250,000 orders placed via the Amazon.com Web site. To deliver this unprecedented number of books, 100 regularly scheduled FedEx flights, 9,000 FedEx delivery personnel and vehicles from 700 stations were mobilized from Amazon.com distribution centers.</p><p>"As a simple Muggle, I am astounded at the huge number of pre-orders we received for Harry Potter and the Goblet of Fire," said Jeff Bezos, Amazon.com founder and CEO. "Our customers run the gamut from mothers and fathers to grandparents, professionals, and students. And everyone, and I mean everyone, loves Harry Potter."</p><p>"Not since Santa Claus, the elves and the reindeer has one delivery made this many kids happy," said Lyn Blake, general manager of Amazon.com Books. "It's been an exciting experience for our whole staff to play such an integral role in this major event."</p><p>The following statistics showcase the immense level of this distribution event:</p><p>-- Harry Potter and the Goblet of Fire weighs in at 2.7 pounds</p><p>per copy. To date, Amazon.com has shipped approximately</p><p>675,000 pounds (more than 300 tons) of the book</p><p>-- At 752 pages per copy, Amazon.com delivered more than 188</p><p>million pages of Harry Potter magic on Saturday, July 8</p><p>-- At 9 1/4 inches in length, the Amazon.com/FedEx Harry Potter</p><p>shipment would span 36 miles if lined up end-to-end</p><p>"This is a classic example of how the speed of online shopping can be combined with innovative fulfillment solutions to satisfy customers," said T. Michael Glenn, FedEx executive vice president of market development and corporate communications. "FedEx developed a customized logistics solution for Amazon.com by combining the physical and electronic resources of its new FedEx Home Delivery network and its premiere Express shipping service."</p><p>In addition, as of 12:01 a.m. on Saturday, July 8, a total of 350,020 copies of Harry Potter and the Goblet of Fire had been advance-ordered on Amazon.com, making the title the retailer's largest pre-order ever. One of the most popular books in publishing history, Harry Potter and the Goblet of Fire remained No. 1 on Amazon.com's bestseller list for 17 out of the last 23 weeks--all prior to the book's actual release date. Harry Potter and the Goblet of Fire received more than eight times the number of advance orders received for the third Harry Potter book, Harry Potter and the Prisoner of Azkaban, with 40,000 orders, or for the second highest pre-order total at Amazon.com, John Grisham's The Brethren at 43,000 orders.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.</p><p>About FedEx</p><p>With annual revenues exceeding $18 billion, FedEx Corp. is the premier global provider of transportation, logistics, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small package ground delivery service; FedEx Logistics, an integrated logistics, technology and transportation-solution company; FedEx Custom Critical, the world's largest provider of expedited time-critical shipments; FedEx Trade Networks Inc., providing customs brokerage, consulting, information technology and trade facilitation solutions; and Viking Freight, the leading regional freight carrier in the western United States. More than 2.5 million customers are connected electronically through the FedEx information network, and approximately two-thirds of its U.S. domestic transactions are now handled online.</p>
Amazon.com Receives 350,020 Pre-orders for Harry Potter and the Goblet of Fire, the Largest Advance Order in Its History
/news/news-details/2000/Amazon.com-Receives-350020-Pre-orders-for-Harry-Potter-and-the-Goblet-of-Fire-the-Largest-Advance-Order-in-Its-History/default.aspx
Amazon.com-Receives-350020-Pre-orders-for-Harry-Potter-and-the-Goblet-of-Fire-the-Largest-Advance-Order-in-Its-History
4,185
07/08/2000 00:00:00
Amazon.com Receives 350,020 Pre-orders for Harry Potter and the Goblet of Fire, the Largest Advance Order in Its History
07/08/2000
2000
SEATTLE--July 8, 2000--Amazon.com (Nasdaq:AMZN): IT'S HERE: -- As of 12:01 a.m. EDT on Saturday, July 8, 350,020 copies of Harry Potter and the Goblet of Fire have been pre-ordered at Amazon.com (www.amazon.com), making the title the retailer's largest advance order ever. -- One of the most popular books in publishing history, Harry Potter and the Goblet of Fire has remained No. 1 on Amazon.com's bestseller list for 17 out of the last 23 weeks -- all prior to the book's actual release date. -- With its 350,020 pre-orders, Harry Potter and the Goblet of Fire has received more than 8 times the number of advance orders received for the third Harry Potter book, Harry Potter and the Prisoner of Azkaban, with 40,000 orders, or for the second highest pre-order total at Amazon.com, John Grisham's The Brethren at 43,000 orders. DELIVERY: -- In an agreement likely to produce one of the largest sales and distribution events in e-commerce history, Amazon.com is providing complimentary Saturday shipping upgrades to the first 250,000 Harry Potter and the Goblet of Fire orders that were placed via Amazon's Web site.
<p>SEATTLE--July 8, 2000--Amazon.com (Nasdaq:AMZN):</p><p>IT'S HERE:</p><p>-- As of 12:01 a.m. EDT on Saturday, July 8, 350,020 copies of</p><pre> Harry Potter and the Goblet of Fire have been pre-ordered at Amazon.com (www.amazon.com), making the title the retailer's largest advance order ever. -- One of the most popular books in publishing history, Harry Potter and the Goblet of Fire has remained No. 1 on Amazon.com's bestseller list for 17 out of the last 23 weeks -- all prior to the book's actual release date. -- With its 350,020 pre-orders, Harry Potter and the Goblet of Fire has received more than 8 times the number of advance orders received for the third Harry Potter book, Harry Potter and the Prisoner of Azkaban, with 40,000 orders, or for the second highest pre-order total at Amazon.com, John Grisham's The Brethren at 43,000 orders. DELIVERY: -- In an agreement likely to produce one of the largest sales and distribution events in e-commerce history, Amazon.com is providing complimentary Saturday shipping upgrades to the first 250,000 Harry Potter and the Goblet of Fire orders that were placed via Amazon's Web site.</pre>
Amazon.com and FedEx Team Up to Deliver Harry Potter Book IV On First Day of Release; Largest Anticipated E-Commerce Distribution Event
/news/news-details/2000/Amazon.com-and-FedEx-Team-Up-to-Deliver-Harry-Potter-Book-IV-On-First-Day-of-Release-Largest-Anticipated-E-Commerce-Distribution-Event/default.aspx
Amazon.com-and-FedEx-Team-Up-to-Deliver-Harry-Potter-Book-IV-On-First-Day-of-Release-Largest-Anticipated-E-Commerce-Distribution-Event
4,186
06/20/2000 00:00:00
Amazon.com and FedEx Team Up to Deliver Harry Potter Book IV On First Day of Release; Largest Anticipated E-Commerce Distribution Event
06/20/2000
2000
SEATTLE--June 20, 2000--Amazon.com (Nasdaq:AMZN), the No. 1 online book retailer, and FedEx (NYSE:FDX) are teaming up to deliver the highly anticipated Harry Potter Book IV to eagerly waiting fans on Saturday, July 8 -- the first day the book is available to the public. In an agreement almost certain to produce the largest distribution event to date of any single item in e-commerce, Amazon.com is offering complimentary Saturday shipping upgrades to the first 250,000 Harry Potter Book IV orders placed via the Amazon.com Web site. Using both FedEx Home Delivery and FedEx Express services, this exclusive arrangement will provide special door-to-door deliveries in the continental United States for as many as a quarter-million orders placed at Amazon.com prior to the book's publication. Even after the 250,000 FedEx upgrades, Amazon.com customers can still order Harry Potter Book IV. "We have been amazed to watch the Harry Potter phenomenon grow at Amazon.com," said Lyn Blake, general manager of Amazon.com Books. "Our Harry Potter Book IV customers represent the highest number of pre-orders we have ever received for a book -- many of them placed months in advance. We wanted to join with the most recognized name in delivery to be the provider of reading enjoyment on day one of the book release." "FedEx Home Delivery and FedEx Express will provide Amazon.com with the tailored solution it needs to make the sale and distribution of Harry Potter Book IV a historic event in Internet commerce," said T. Michael Glenn, executive vice president, market development & corporate communications. FedEx Home Delivery, launched in March, is a ground service dedicated to meeting the needs of business-to-consumer shippers and their residential customers. It provides cost-effective services, such as appointment and evening delivery not generally available in the home-delivery sector. Allowing fans to avoid the endless lines, the crowded stores and the frantic shopping centers, the Amazon.com Harry Potter experience will be one of convenience and ease of delivery. Here are a few key facts about this undertaking: -- FedEx will mobilize more than 9,000 delivery personnel and vehicles from more than 700 stations covering the continental United States and about 100 regularly scheduled FedEx flights. -- Harry Potter Book IV is Amazon.com's largest pre-order book ever, with more than 169,000 orders to date. This number is more than three times the advance orders for the third Harry Potter book, Harry Potter and the Prisoner of Azkaban. -- Harry Potter Book IV has been the No. 1 best-selling book at Amazon.com for 15 of the past 20 weeks since February 9. Harry Potter Book IV orders placed outside of the FedEx Saturday delivery area will be shipped in the manner originally requested via Amazon.com. FedEx cannot deliver on Saturday to addresses outside of the contiguous U.S. (including Alaska and Hawaii), P.O. boxes, APO/FPO addresses, certain ZIP codes, commercial addresses without a signature or customers who have ordered more than nine copies in a single order. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000. About FedEx: With annual revenues exceeding $18 billion, FedEx Corp. is the premier global provider of transportation, logistics, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small package ground delivery service; FedEx Logistics, an integrated logistics, technology and transportation-solution company; FedEx Custom Critical, the world's largest provider of expedited time-critical shipments; FedEx Trade Networks Inc., providing customs brokerage, consulting, information technology and trade facilitation solutions; and Viking Freight, the leading regional freight carrier in the western United States. More than 2.5 million customers are connected electronically through the FedEx information network, and approximately two-thirds of its U.S. domestic transactions are now handled online.
<p>SEATTLE--June 20, 2000--Amazon.com (Nasdaq:AMZN), the No. 1 online book retailer, and FedEx (NYSE:FDX) are teaming up to deliver the highly anticipated Harry Potter Book IV to eagerly waiting fans on Saturday, July 8 -- the first day the book is available to the public.</p><p>In an agreement almost certain to produce the largest distribution event to date of any single item in e-commerce, Amazon.com is offering complimentary Saturday shipping upgrades to the first 250,000 Harry Potter Book IV orders placed via the Amazon.com Web site.</p><p>Using both FedEx Home Delivery and FedEx Express services, this exclusive arrangement will provide special door-to-door deliveries in the continental United States for as many as a quarter-million orders placed at Amazon.com prior to the book's publication. Even after the 250,000 FedEx upgrades, Amazon.com customers can still order Harry Potter Book IV.</p><p>"We have been amazed to watch the Harry Potter phenomenon grow at Amazon.com," said Lyn Blake, general manager of Amazon.com Books. "Our Harry Potter Book IV customers represent the highest number of pre-orders we have ever received for a book -- many of them placed months in advance. We wanted to join with the most recognized name in delivery to be the provider of reading enjoyment on day one of the book release."</p><p>"FedEx Home Delivery and FedEx Express will provide Amazon.com with the tailored solution it needs to make the sale and distribution of Harry Potter Book IV a historic event in Internet commerce," said T. Michael Glenn, executive vice president, market development &amp; corporate communications.</p><p>FedEx Home Delivery, launched in March, is a ground service dedicated to meeting the needs of business-to-consumer shippers and their residential customers. It provides cost-effective services, such as appointment and evening delivery not generally available in the home-delivery sector.</p><p>Allowing fans to avoid the endless lines, the crowded stores and the frantic shopping centers, the Amazon.com Harry Potter experience will be one of convenience and ease of delivery.</p><p>Here are a few key facts about this undertaking:</p><p>-- FedEx will mobilize more than 9,000 delivery personnel and</p><p>vehicles from more than 700 stations covering the continental</p><p>United States and about 100 regularly scheduled FedEx flights.</p><p>-- Harry Potter Book IV is Amazon.com's largest pre-order book</p><pre> ever, with more than 169,000 orders to date. This number is more than three times the advance orders for the third Harry Potter book, Harry Potter and the Prisoner of Azkaban. -- Harry Potter Book IV has been the No. 1 best-selling book at Amazon.com for 15 of the past 20 weeks since February 9.</pre><p>Harry Potter Book IV orders placed outside of the FedEx Saturday delivery area will be shipped in the manner originally requested via Amazon.com. FedEx cannot deliver on Saturday to addresses outside of the contiguous U.S. (including Alaska and Hawaii), P.O. boxes, APO/FPO addresses, certain ZIP codes, commercial addresses without a signature or customers who have ordered more than nine copies in a single order.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.</p><p>About FedEx:</p><p>With annual revenues exceeding $18 billion, FedEx Corp. is the premier global provider of transportation, logistics, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small package ground delivery service; FedEx Logistics, an integrated logistics, technology and transportation-solution company; FedEx Custom Critical, the world's largest provider of expedited time-critical shipments; FedEx Trade Networks Inc., providing customs brokerage, consulting, information technology and trade facilitation solutions; and Viking Freight, the leading regional freight carrier in the western United States. More than 2.5 million customers are connected electronically through the FedEx information network, and approximately two-thirds of its U.S. domestic transactions are now handled online.</p>
Four Unique Harry Potter E-cards Now Available At Amazon.com; Amazon.com Continues to be The Place for Harry Potter Fans
/news/news-details/2000/Four-Unique-Harry-Potter-E-cards-Now-Available-At-Amazon.com-Amazon.com-Continues-to-be-The-Place-for-Harry-Potter-Fans/default.aspx
Four-Unique-Harry-Potter-E-cards-Now-Available-At-Amazon.com-Amazon.com-Continues-to-be-The-Place-for-Harry-Potter-Fans
4,187
06/12/2000 00:00:00
Four Unique Harry Potter E-cards Now Available At Amazon.com; Amazon.com Continues to be The Place for Harry Potter Fans
06/12/2000
2000
SEATTLE--June 12, 2000-- What: As anticipation builds for the July 8 release of Harry Potter Book Four, Amazon.com, (Nasdaq:AMZN) the No. 1 online book retailer, is providing fans with Harry Potter-themed electronic greeting cards, celebrating the fact that "Harry Potter's Latest Adventure is Almost Here!" Starting Tuesday, June 13, Harry Potter enthusiasts who visit Amazon.com e-Cards or the Harry Potter Store will find a choice of four free e-Cards featuring illustrator Mary GrandPre's magical artwork from J.K. Rowling's popular series. Three e-Cards display a full-color portrait of Harry Potter while the fourth is animated --showing Harry zooming through the sky. All four e-Cards offer the option of a free voice greeting, letting customers send their own "e-Howlers" to friends and family. (A "Howler" in Harry Potter's world is a letter that screams its message loudly when opened.) Harry Potter Book Four continues to be Amazon.com's largest pre-order ever, with more than 145,000 pre-release orders to date. Pre-orders are tracked via the "Muggle Count," a ticker updated hourly on the Amazon.com Books home page. Where: Located in the Amazon.com e-Cards or the Harry Potter Store (www.amazon.com/harrypotter), these e-Cards allow fans everywhere to share in the excitement of the newest release in the Harry Potter series. In the Harry Potter Store, readers can also pre-order the fourth book online; read an interview with J.K. Rowling; browse complete listings of all Harry Potter book and audiobook formats; discover editorial recommendations for other fantasy adventure novels; and explore wizard toys, including a snowy owl that looks just like Hedwig. Interview Ops Available: Editors from Amazon.com are available to discuss the Harry Potter phenomenon as well as Amazon.com's commitment to young readers.
<p>SEATTLE--June 12, 2000--</p><p>What:</p><p>As anticipation builds for the July 8 release of Harry Potter Book Four, Amazon.com, (Nasdaq:AMZN) the No. 1 online book retailer, is providing fans with Harry Potter-themed electronic greeting cards, celebrating the fact that "Harry Potter's Latest Adventure is Almost Here!"</p><p>Starting Tuesday, June 13, Harry Potter enthusiasts who visit Amazon.com e-Cards or the Harry Potter Store will find a choice of four free e-Cards featuring illustrator Mary GrandPre's magical artwork from J.K. Rowling's popular series. Three e-Cards display a full-color portrait of Harry Potter while the fourth is animated --showing Harry zooming through the sky. All four e-Cards offer the option of a free voice greeting, letting customers send their own "e-Howlers" to friends and family. (A "Howler" in Harry Potter's world is a letter that screams its message loudly when opened.)</p><p>Harry Potter Book Four continues to be Amazon.com's largest pre-order ever, with more than 145,000 pre-release orders to date. Pre-orders are tracked via the "Muggle Count," a ticker updated hourly on the Amazon.com Books home page.</p><p>Where:</p><p>Located in the Amazon.com e-Cards or the Harry Potter Store (www.amazon.com/harrypotter), these e-Cards allow fans everywhere to share in the excitement of the newest release in the Harry Potter series.</p><p>In the Harry Potter Store, readers can also pre-order the fourth book online; read an interview with J.K. Rowling; browse complete listings of all Harry Potter book and audiobook formats; discover editorial recommendations for other fantasy adventure novels; and explore wizard toys, including a snowy owl that looks just like Hedwig.</p><p>Interview Ops Available:</p><p>Editors from Amazon.com are available to discuss the Harry Potter phenomenon as well as Amazon.com's commitment to young readers.</p>
Recent Sales At Amazon Auctions Prove That It Is the Best Online Auction Site for Authentic Entertainment Memorabilia
/news/news-details/2000/Recent-Sales-At-Amazon-Auctions-Prove-That-It-Is-the-Best-Online-Auction-Site-for-Authentic-Entertainment-Memorabilia/default.aspx
Recent-Sales-At-Amazon-Auctions-Prove-That-It-Is-the-Best-Online-Auction-Site-for-Authentic-Entertainment-Memorabilia
4,188
06/02/2000 00:00:00
Recent Sales At Amazon Auctions Prove That It Is the Best Online Auction Site for Authentic Entertainment Memorabilia
06/02/2000
2000
(AMZN) Recent Sales At Amazon Auctions Prove That It Is the Best Online Auction Site for Authentic Entertainment Memorabilia SEATTLE--June 2, 2000-- In Gladiator Auction, Fan Bids $22,550 for Joaquin Phoenix's White Armor to Wear in His Upcoming Renaissance-Themed Wedding WHAT: -- Amazon Auctions' exclusive Gladiator auction with items from the popular movie blockbuster reached an average GMS of $2,458 per item. The mesmerizing Roman epic that continues to enthrall movie audiences everywhere drove thousands of bids as fans vied for memorabilia from the valiant Maximus (Russell Crowe), bidding anywhere from $5,700 for his shield to $19,700 for his chest armor. In partnership with DreamWorks SKG(R) and Operation Turnkey, the Gladiator auction reached $108,177 GMS on just 44 items. To view all results, go to www.amazon.com/gladiator-results. -- The record-breaking Beverly Hills 90210 auction featuring one-of-a-kind items from the hugely popular, long-running series, collected an unprecedented $528,000, with a portion of the proceeds benefiting Save the Children. Fans worldwide engaged in a bidding frenzy for items during the three-week auction that ran from May 1 through May 22, in conjunction with the May 17 series finale. In partnership with AsSeenIn.com and Spelling Entertainment, the sale at Amazon Auctions featured more than 400 unique items ranging from favorite cast members' signature clothing to standout props. To view all results, go to www.amazon.com/90210-results. AUCTION HIGHLIGHTS: -- Gladiator -- Maximus's gladiator chest armor, worn by Russell Crowe; 20 bids; $19,700.00 -- Gladiator -- Commodus's white armor worn by Joaquin Phoenix; total $22,550 Including: -- Chest armor & underdress, 22 bids; $18,600.00 -- leg armor, 15 bids; $1,975.00 -- wrist armor, 13 bids; $1,975.00 -- Gladiator -- Colosseum throne of Emperor Commodus (Joaquin Phoenix); 45 bids; $4,125.98 -- Gladiator -- Actual sword used by Russell Crowe as General Maximus; 28 bids; $6,600 -- "Beverly Hills 90210" -- Dylan's 1963 Triumph motorcycle; 110 bids; $15,100.00 -- "Beverly Hills 90210" -- Donna's wedding dress from the final episode; 57 bids; $13,600.00 -- "Beverly Hills 90210" -- Noah's 1989 shiny red Jeep; 52 bids; $6,800.00 WHERE: -- Amazon.com -- www.amazon.com/auctions-featured-sales
<p>(AMZN) Recent Sales At Amazon Auctions Prove That It Is the Best Online Auction Site for Authentic Entertainment Memorabilia</p><p>SEATTLE--June 2, 2000--</p><p>In Gladiator Auction, Fan Bids $22,550 for Joaquin Phoenix's White</p><p>Armor to Wear in His Upcoming Renaissance-Themed Wedding</p><p>WHAT:</p><p>-- Amazon Auctions' exclusive Gladiator auction with items from</p><pre> the popular movie blockbuster reached an average GMS of $2,458 per item. The mesmerizing Roman epic that continues to enthrall movie audiences everywhere drove thousands of bids as fans vied for memorabilia from the valiant Maximus (Russell Crowe), bidding anywhere from $5,700 for his shield to $19,700 for his chest armor. In partnership with DreamWorks SKG(R) and Operation Turnkey, the Gladiator auction reached $108,177 GMS on just 44 items. To view all results, go to www.amazon.com/gladiator-results. -- The record-breaking Beverly Hills 90210 auction featuring one-of-a-kind items from the hugely popular, long-running series, collected an unprecedented $528,000, with a portion of the proceeds benefiting Save the Children. Fans worldwide engaged in a bidding frenzy for items during the three-week auction that ran from May 1 through May 22, in conjunction with the May 17 series finale. In partnership with AsSeenIn.com and Spelling Entertainment, the sale at Amazon Auctions featured more than 400 unique items ranging from favorite cast members' signature clothing to standout props. To view all results, go to www.amazon.com/90210-results. AUCTION HIGHLIGHTS: -- Gladiator -- Maximus's gladiator chest armor, worn by Russell Crowe; 20 bids; $19,700.00 -- Gladiator -- Commodus's white armor worn by Joaquin Phoenix; total $22,550 Including: -- Chest armor &amp; underdress, 22 bids; $18,600.00 -- leg armor, 15 bids; $1,975.00 -- wrist armor, 13 bids; $1,975.00 -- Gladiator -- Colosseum throne of Emperor Commodus (Joaquin Phoenix); 45 bids; $4,125.98 -- Gladiator -- Actual sword used by Russell Crowe as General Maximus; 28 bids; $6,600 -- "Beverly Hills 90210" -- Dylan's 1963 Triumph motorcycle; 110 bids; $15,100.00 -- "Beverly Hills 90210" -- Donna's wedding dress from the final episode; 57 bids; $13,600.00 -- "Beverly Hills 90210" -- Noah's 1989 shiny red Jeep; 52 bids; $6,800.00 WHERE: -- Amazon.com -- www.amazon.com/auctions-featured-sales</pre>
Amazon.com Named Online Retailer for Handspring Visor Handheld Computers; Handspring Appoints Amazon.com Electronics as Exclusive Online Reseller for 60 Days
/news/news-details/2000/Amazon.com-Named-Online-Retailer-for-Handspring-Visor-Handheld-Computers-Handspring-Appoints-Amazon.com-Electronics-as-Exclusive-Online-Reseller-for-60-Days/default.aspx
Amazon.com-Named-Online-Retailer-for-Handspring-Visor-Handheld-Computers-Handspring-Appoints-Amazon.com-Electronics-as-Exclusive-Online-Reseller-for-60-Days
4,189
06/01/2000 00:00:00
Amazon.com Named Online Retailer for Handspring Visor Handheld Computers; Handspring Appoints Amazon.com Electronics as Exclusive Online Reseller for 60 Days
06/01/2000
2000
SEATTLE--June 1, 2000--Leading online retailer Amazon.com (www.amazon.com) today announced the addition of Handspring(TM) Visor(TM) handheld computers to its ever growing electronics selection. Handspring appointed Amazon.com Electronics as the exclusive online reseller for its Visor and Visor Deluxe handheld computers for 60 days. Amazon.com will also be offering a variety of Springboard(TM) expansion modules and accessories to help customers make the most of their Visors. Visor runs on the Palm operating system (OS), making it compatible with thousands of existing Palm applications. In addition, only the with thousands of existing Palm applications. In addition, only the Handspring line of handheld computers has the flexibility of the built-in Springboard expansion slot for adding exciting new functions. "Our customers count on us to have the latest and greatest electronics products," noted Carl Gish, general manager of the Amazon.com Electronics store. "With the addition of Handspring Visor products, we now have another great line of handheld computers that run all popular Palm applications, while adding the flexibility of easy expansion. Visor handheld computers and all the related accessories are sure bets to be hot gift items this Father's Day." Amazon.com's Visor product offerings include the graphite-colored 2 MB Visor for $179 and the 8 MB Visor Deluxe version, which comes in five colors, for $249. Customers will also be able to find Springboard expansion modules for Visor, including an 8 MB Flash memory module, a modem, the EA Sports(TM) Tiger Woods PGA Tour 2000 golf game and a Backup module. Additional expansion modules allowing Visor to function as GPS receivers, universal remotes and more are expected in the future. "Amazon.com clearly has what Handspring is looking for in an online retail partner. In addition to working with one of the most recognized brands in online retail, this relationship gives Visor great visibility among the loyal base of over 20 million customers that shop at Amazon.com," said Greg Woock, vice president of North American sales for Handspring. "With the company's fast delivery, in-depth online information and great customer service, Amazon.com is an ideal partner to help us continue to make Visor one of the best-selling products in the industry." Handspring Visor: The Next Step in Handheld Computing The Handspring Visor is an advanced handheld computer, using the renowned Palm OS for the ultimate in flexibility and convenience. A variety of new features -- including an advanced date book, a world clock and an advanced calculator -- make the Visor's organizational capabilities superior to any other handheld product on the market. Because the Visor uses the Palm OS, users may download any of the thousands of existing Palm-compatible applications. Additionally, the Visor's USB connection makes synchronizing to a Mac or PC fast and easy. Springboard Expansion Slot Makes Visor Infinitely Expandable The Handspring Visor is further distinguished among handheld computers because of its extraordinary capability for expansion. Using Handspring's patented external Springboard expansion slot, customers will be able to add software and hardware modules that are still under development -- such as an MP3 player, pager, modem, GPS receiver or video game module -- in a snap. What makes Visor's Springboard slot even more outstanding is its instant plug-and-play capability. There are no software drivers to install or special adapters needed. Both the Visor and Visor Deluxe come fully loaded with Palm OS software version 3.1 and can be instantly expanded with the snap of a Springboard module. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.
<p>SEATTLE--June 1, 2000--Leading online retailer Amazon.com (www.amazon.com) today announced the addition of Handspring(TM) Visor(TM) handheld computers to its ever growing electronics selection.</p><p>Handspring appointed Amazon.com Electronics as the exclusive online reseller for its Visor and Visor Deluxe handheld computers for 60 days. Amazon.com will also be offering a variety of Springboard(TM) expansion modules and accessories to help customers make the most of their Visors.</p><p>Visor runs on the Palm operating system (OS), making it compatible with thousands of existing Palm applications. In addition, only the with thousands of existing Palm applications. In addition, only the Handspring line of handheld computers has the flexibility of the built-in Springboard expansion slot for adding exciting new functions.</p><p>"Our customers count on us to have the latest and greatest electronics products," noted Carl Gish, general manager of the Amazon.com Electronics store. "With the addition of Handspring Visor products, we now have another great line of handheld computers that run all popular Palm applications, while adding the flexibility of easy expansion. Visor handheld computers and all the related accessories are sure bets to be hot gift items this Father's Day."</p><p>Amazon.com's Visor product offerings include the graphite-colored 2 MB Visor for $179 and the 8 MB Visor Deluxe version, which comes in five colors, for $249. Customers will also be able to find Springboard expansion modules for Visor, including an 8 MB Flash memory module, a modem, the EA Sports(TM) Tiger Woods PGA Tour 2000 golf game and a Backup module. Additional expansion modules allowing Visor to function as GPS receivers, universal remotes and more are expected in the future.</p><p>"Amazon.com clearly has what Handspring is looking for in an online retail partner. In addition to working with one of the most recognized brands in online retail, this relationship gives Visor great visibility among the loyal base of over 20 million customers that shop at Amazon.com," said Greg Woock, vice president of North American sales for Handspring. "With the company's fast delivery, in-depth online information and great customer service, Amazon.com is an ideal partner to help us continue to make Visor one of the best-selling products in the industry."</p><p>Handspring Visor: The Next Step in Handheld Computing</p><p>The Handspring Visor is an advanced handheld computer, using the renowned Palm OS for the ultimate in flexibility and convenience. A variety of new features -- including an advanced date book, a world clock and an advanced calculator -- make the Visor's organizational capabilities superior to any other handheld product on the market. Because the Visor uses the Palm OS, users may download any of the thousands of existing Palm-compatible applications. Additionally, the Visor's USB connection makes synchronizing to a Mac or PC fast and easy.</p><p>Springboard Expansion Slot Makes Visor Infinitely Expandable</p><p>The Handspring Visor is further distinguished among handheld computers because of its extraordinary capability for expansion. Using Handspring's patented external Springboard expansion slot, customers will be able to add software and hardware modules that are still under development -- such as an MP3 player, pager, modem, GPS receiver or video game module -- in a snap.</p><p>What makes Visor's Springboard slot even more outstanding is its instant plug-and-play capability. There are no software drivers to install or special adapters needed. Both the Visor and Visor Deluxe come fully loaded with Palm OS software version 3.1 and can be instantly expanded with the snap of a Springboard module.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.</p>
Amazon.com Launches Spoken Audio Content From Audible.com
/news/news-details/2000/Amazon.com-Launches-Spoken-Audio-Content-From-Audible.com/default.aspx
Amazon.com-Launches-Spoken-Audio-Content-From-Audible.com
4,190
05/31/2000 00:00:00
Amazon.com Launches Spoken Audio Content From Audible.com
05/31/2000
2000
SEATTLE--May 31, 2000-- Provides Customers With Convenient Access to a Diverse Selection of Over 22,000 Hours of Digital Audio Content Leading online retailer Amazon.com (Nasdaq:AMZN) today announced the availability of more than 22,000 hours of spoken audio content from Audible, Inc. (Nasdaq:ADBL), the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio players. Located in the Amazon.com Books store, the new audible.com Audio Downloads Store offers Amazon.com's 20 million customers access to more than 4,700 audiobooks plus a vast array of comedy, audio newspapers, magazines and business information available nowhere else in downloadable audio format. Audible.com also brings to Amazon.com historic and contemporary speeches, academic lectures, language lessons, motivational programs and subscriptions to public radio programs, including Marketplace, Car Talk, Fresh Air and Science Friday. "It is Amazon.com's never-ending quest to help customers find, discover and buy the best of anything," said Joe Galli, president and COO of Amazon.com. "Our alliance with audible.com will enable millions of people who enjoy audio content to connect with outstanding entertainment as well as high-quality news and information." Spoken audio programming can be purchased online, then downloaded or streamed for playback on a PC or on any AudibleReady portable digital audio player. The costs for purchasing audible.com programming will vary based on the specific content provided. "Here is an opportunity to bring the greatest names and titles in the world of spoken audio entertainment and information to Amazon.com's discriminating audience," said Donald Katz, founder and chairman of Audible, Inc. "Beyond immediate access to Audible content via streaming or downloading, our new Amazon.com customers will have the flexibility to listen at their PCs or take the audio programs away to enjoy in the car or while exercising." The audible.com audiobooks now available for download on Amazon.com include titles from bestselling authors such as Stephen King, John Grisham, Mary Higgins Clark, Geoffrey Moore and Stephen Ambrose, and classics by William Shakespeare, Charles Dickens, Emily Dickinson and Mark Twain. Audible has also produced exclusive audiobook titles -- including Po Bronson's The Nudist on the Late Shift and The Cluetrain Manifesto, an Internet business bestseller --that are not available in audio format anywhere else. News and information titles include daily selected audio content from The Wall Street Journal; daily audio digests of The New York Times, San Jose Mercury News and the Los Angeles Times; features from the online publication Slate; articles and information from business magazines such as Industry Standard, The Economist, Forbes and Harvard Business Review; and daily financial research from J.P. Morgan Securities Inc., available exclusively through Amazon.com and audible.com. Original programming will also come from the recently announced Random House Audible imprint, the first publishing imprint to create spoken-word audio titles for online distribution. On the lighter side, customers can listen to RobinWilliams@audible.com, the weekly half-hour series of original comedy, commentary and conversation with the award-winning actor and comedian, as well as standup comedy material from Margaret Cho, George Carlin, Richard Jenni and many others. In January, the two companies entered into a strategic alliance to provide Amazon.com customers with a diverse selection of digital audio content from audible.com. Audible.com (www.audible.com) is the exclusive provider to Amazon.com of downloadable and streaming spoken-word programming that was first published in print. About Audible, Inc. Audible is the Internet's largest, most diverse provider of premium spoken audio services for content download or playback on personal computers or AudibleReady mobile devices. Audible allows customers to take advantage of their commuting, travel and desktop computer time by delivering premium entertainment and information audio while their eyes are busy but their minds are free. Audible's content partners include leading audiobook publishers, broadcasters, magazine and newspaper publishers, business information providers, and educational and cultural institutions. Visitors to www.audible.com can browse, sample, purchase and subscribe to more than 20,000 hours of audio programs. Audible.com is Amazon.com's exclusive provider of spoken-word products for downloading or streaming via the Web. Among the company's key business partners are Casio, Compaq Computer Corporation, S3/Diamond, Microsoft Corporation, Royal Philips Electronics, RealNetworks, Texas Instruments and VoiceAge Corp. www.audible.com and AudibleReady are trademarks of Audible, Inc. RobinWilliams@audible.com is a trademark of Robin Williams and Audible, Inc. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.
<p>SEATTLE--May 31, 2000--</p><p>Provides Customers With Convenient Access to a Diverse Selection of</p><p>Over 22,000 Hours of Digital Audio Content</p><p>Leading online retailer Amazon.com (Nasdaq:AMZN) today announced the availability of more than 22,000 hours of spoken audio content from Audible, Inc. (Nasdaq:ADBL), the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio players.</p><p>Located in the Amazon.com Books store, the new audible.com Audio Downloads Store offers Amazon.com's 20 million customers access to more than 4,700 audiobooks plus a vast array of comedy, audio newspapers, magazines and business information available nowhere else in downloadable audio format. Audible.com also brings to Amazon.com historic and contemporary speeches, academic lectures, language lessons, motivational programs and subscriptions to public radio programs, including Marketplace, Car Talk, Fresh Air and Science Friday.</p><p>"It is Amazon.com's never-ending quest to help customers find, discover and buy the best of anything," said Joe Galli, president and COO of Amazon.com. "Our alliance with audible.com will enable millions of people who enjoy audio content to connect with outstanding entertainment as well as high-quality news and information."</p><p>Spoken audio programming can be purchased online, then downloaded or streamed for playback on a PC or on any AudibleReady portable digital audio player. The costs for purchasing audible.com programming will vary based on the specific content provided.</p><p>"Here is an opportunity to bring the greatest names and titles in the world of spoken audio entertainment and information to Amazon.com's discriminating audience," said Donald Katz, founder and chairman of Audible, Inc. "Beyond immediate access to Audible content via streaming or downloading, our new Amazon.com customers will have the flexibility to listen at their PCs or take the audio programs away to enjoy in the car or while exercising."</p><p>The audible.com audiobooks now available for download on Amazon.com include titles from bestselling authors such as Stephen King, John Grisham, Mary Higgins Clark, Geoffrey Moore and Stephen Ambrose, and classics by William Shakespeare, Charles Dickens, Emily Dickinson and Mark Twain. Audible has also produced exclusive audiobook titles -- including Po Bronson's The Nudist on the Late Shift and The Cluetrain Manifesto, an Internet business bestseller --that are not available in audio format anywhere else. News and information titles include daily selected audio content from The Wall Street Journal; daily audio digests of The New York Times, San Jose Mercury News and the Los Angeles Times; features from the online publication Slate; articles and information from business magazines such as Industry Standard, The Economist, Forbes and Harvard Business Review; and daily financial research from J.P. Morgan Securities Inc., available exclusively through Amazon.com and audible.com.</p><p>Original programming will also come from the recently announced Random House Audible imprint, the first publishing imprint to create spoken-word audio titles for online distribution. On the lighter side, customers can listen to RobinWilliams@audible.com, the weekly half-hour series of original comedy, commentary and conversation with the award-winning actor and comedian, as well as standup comedy material from Margaret Cho, George Carlin, Richard Jenni and many others.</p><p>In January, the two companies entered into a strategic alliance to provide Amazon.com customers with a diverse selection of digital audio content from audible.com. Audible.com (www.audible.com) is the exclusive provider to Amazon.com of downloadable and streaming spoken-word programming that was first published in print.</p><p>About Audible, Inc.</p><p>Audible is the Internet's largest, most diverse provider of premium spoken audio services for content download or playback on personal computers or AudibleReady mobile devices. Audible allows customers to take advantage of their commuting, travel and desktop computer time by delivering premium entertainment and information audio while their eyes are busy but their minds are free. Audible's content partners include leading audiobook publishers, broadcasters, magazine and newspaper publishers, business information providers, and educational and cultural institutions. Visitors to www.audible.com can browse, sample, purchase and subscribe to more than 20,000 hours of audio programs. Audible.com is Amazon.com's exclusive provider of spoken-word products for downloading or streaming via the Web. Among the company's key business partners are Casio, Compaq Computer Corporation, S3/Diamond, Microsoft Corporation, Royal Philips Electronics, RealNetworks, Texas Instruments and VoiceAge Corp.</p><p>www.audible.com and AudibleReady are trademarks of Audible, Inc. RobinWilliams@audible.com is a trademark of Robin Williams and Audible, Inc.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, tools and hardware, lawn and patio items, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.</p>
New Home Living Store From living.com Opens Its Virtual Doors Today At Amazon.com
/news/news-details/2000/New-Home-Living-Store-From-living.com-Opens-Its-Virtual-Doors-Today-At-Amazon.com/default.aspx
New-Home-Living-Store-From-living.com-Opens-Its-Virtual-Doors-Today-At-Amazon.com
4,191
05/19/2000 00:00:00
New Home Living Store From living.com Opens Its Virtual Doors Today At Amazon.com
05/19/2000
2000
SEATTLE and AUSTIN, Texas--May 19, 2000--living.com, the leading online resource for home furnishings, has partnered with the world's largest online retailer, Amazon.com (NASDAQ:AMZN), to open the new "Home Living" store at Amazon.com. Today's news follows the February 1 announcement that the companies had entered a strategic alliance to create an integrated Home Living tab at Amazon.com. Amazon.com customers can access the new Home Living store, at www.amazon.com/homeliving, or by clicking the Home Living tab at the top of Amazon.com's welcome page. Home Living visitors can then shop for the same selection of products found at living.com, including furniture, decorative accessories, bed and bath linens, lighting, rugs, and more. The Home Living store will also feature innovative tools and services, such as the interactive Room-Designer, award-winning Style Finder, free professional design advice from "Ask-a-Designer," and the ability to order free fabric and leather swatches. "Today's grand opening of the Home Living store at Amazon.com is a major milestone for living.com, allowing us to market our products to Amazon.com's more than 20 million customers at the premier online retail location," said Shaun Holliday, chief executive officer of living.com. "The goal of the Home Living store is to provide Amazon.com's customers with everything they need to create their dream home." "We hope to make a great first impression with Amazon.com customers," added Holliday. "We have a wonderful product offering, interactive online design tools, and some very intuitive and innovative ways for customers to shop. And we offer 24 hour Customer Care service." As part of the launch, customers will save 20% on all purchases from the Home Living store until June 15, 2000, and receive free shipping for deliveries within the continental U.S. "living.com is committed to offering our customers a great home furnishings experience," said Jeff Bezos, Amazon.com founder and chief executive officer. "The launch of the Home Living store is a continuing part of our mission to build a place where people can come to find and discover anything they might want to buy online." living.com was recently recognized as "Best Online Furniture Store" and "Best Online Home Furnishing Store" by eCommerce authority, Gomez.com as part of its Spring 2000 Internet Scorecard. living.com also placed first in Gomez.com's "One-Stop Shopper" profile - a category that measures the breadth of product offerings. About living.com Launched on July 26, 1999, Austin, Texas-based living.com is the leading online home furnishings site offering furniture, home accessories, bed and bath, lighting, and home textiles. The site features easy-to-use tools and personal advice, such as living.com Room-Designer, Style Finder, Home Office Wizard, Swatch Program, Ask-a-Designer, and living.com magazine, making it simple and convenient to find items that suit every individual's personal style. Founded in 1998, living.com's strategic partners include Benchmark Capital, Austin Ventures, Comdisco Ventures, Pivotal Asset Management, GE Capital, Starbucks Corp., and Amazon.com. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through hand-held wireless Internet devices that use HDML or the Wireless Application Protocol. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database ( www.imdb.com ), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service - with operations in Seattle; Portland, Oregon; and Southern California - at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.
<p>SEATTLE and AUSTIN, Texas--May 19, 2000--living.com, the leading online resource for home furnishings, has partnered with the world's largest online retailer, Amazon.com (NASDAQ:AMZN), to open the new "Home Living" store at Amazon.com. Today's news follows the February 1 announcement that the companies had entered a strategic alliance to create an integrated Home Living tab at Amazon.com.</p><p>Amazon.com customers can access the new Home Living store, at www.amazon.com/homeliving, or by clicking the Home Living tab at the top of Amazon.com's welcome page. Home Living visitors can then shop for the same selection of products found at living.com, including furniture, decorative accessories, bed and bath linens, lighting, rugs, and more. The Home Living store will also feature innovative tools and services, such as the interactive Room-Designer, award-winning Style Finder, free professional design advice from "Ask-a-Designer," and the ability to order free fabric and leather swatches.</p><p>"Today's grand opening of the Home Living store at Amazon.com is a major milestone for living.com, allowing us to market our products to Amazon.com's more than 20 million customers at the premier online retail location," said Shaun Holliday, chief executive officer of living.com. "The goal of the Home Living store is to provide Amazon.com's customers with everything they need to create their dream home."</p><p>"We hope to make a great first impression with Amazon.com customers," added Holliday. "We have a wonderful product offering, interactive online design tools, and some very intuitive and innovative ways for customers to shop. And we offer 24 hour Customer Care service."</p><p>As part of the launch, customers will save 20% on all purchases from the Home Living store until June 15, 2000, and receive free shipping for deliveries within the continental U.S.</p><p>"living.com is committed to offering our customers a great home furnishings experience," said Jeff Bezos, Amazon.com founder and chief executive officer. "The launch of the Home Living store is a continuing part of our mission to build a place where people can come to find and discover anything they might want to buy online."</p><p>living.com was recently recognized as "Best Online Furniture Store" and "Best Online Home Furnishing Store" by eCommerce authority, Gomez.com as part of its Spring 2000 Internet Scorecard. living.com also placed first in Gomez.com's "One-Stop Shopper" profile - a category that measures the breadth of product offerings.</p><p>About living.com</p><p>Launched on July 26, 1999, Austin, Texas-based living.com is the leading online home furnishings site offering furniture, home accessories, bed and bath, lighting, and home textiles. The site features easy-to-use tools and personal advice, such as living.com Room-Designer, Style Finder, Home Office Wizard, Swatch Program, Ask-a-Designer, and living.com magazine, making it simple and convenient to find items that suit every individual's personal style.</p><p>Founded in 1998, living.com's strategic partners include Benchmark Capital, Austin Ventures, Comdisco Ventures, Pivotal Asset Management, GE Capital, Starbucks Corp., and Amazon.com.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through hand-held wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database ( www.imdb.com ), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service - with operations in Seattle; Portland, Oregon; and Southern California - at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.</p>
Amazon.com and NextCard Launch Cobranded Credit Card
/news/news-details/2000/Amazon.com-and-NextCard-Launch-Cobranded-Credit-Card/default.aspx
Amazon.com-and-NextCard-Launch-Cobranded-Credit-Card
4,192
05/16/2000 00:00:00
Amazon.com and NextCard Launch Cobranded Credit Card
05/16/2000
2000
SEATTLE--May 16, 2000--Leading online retailer Amazon.com (www.amazon.com) and NextCard (Nasdaq:NXCD), the leading issuer of consumer credit on the Internet, today introduced the unique Amazon.com NextCard Visa, offering the latest in credit card technology and the ability to earn rewards points that can be redeemed for Amazon.com gift certificates. Consumers can apply for the card now through the Amazon.com Web site. NextCard is the exclusive provider of Amazon.com cobranded credit cards for a five-year period. Available in attractive platinum or classic cards featuring the Amazon.com and NextCard logos, the Amazon.com NextCard Visa can be used for purchases both online and offline and has no annual fee. The Amazon.com NextCard Visa offers 30-second online approval and access to online services such as statement viewing and payment, account alerts, balance transfers, and Internet-enabled chat with customer service representatives. Approved applicants will be presented with up to three credit card offers from which they can choose. Offers are tailored to each individual's credit profile and might include terms as low as a 2.99 percent introductory rate or a 9.99 percent ongoing rate. The Amazon.com NextCard Visa Rewards points program is the first and only credit card program that offers customers the opportunity to earn points toward free Amazon.com merchandise. Enrollment in the Rewards program is free for cardholders. All purchases on the NextCard cobranded cards earn rewards points, which can be redeemed for Amazon.com gift certificates. In addition, purchases made on Amazon.com using the cobranded Visa card earn triple rewards points, allowing Amazon.com's more than 20 million customers to earn Amazon.com gift certificates even faster. "With the launch of the Amazon.com NextCard Visa, we are not only helping our customers find, discover, and buy anything they want online, but also showing our thanks by rewarding them with gift certificates based on credit card spending," said Joe Galli, Amazon.com president and COO. "The combination of Amazon.com's online retail expertise and NextCard's online credit card experience creates a valuable new shopping alternative that offers strong appeal to our customers and to all credit card users." "We are very excited to partner with Amazon.com in offering such a valuable product to Internet consumers," said Jeremy Lent, chairman and CEO of NextCard. "The combination of Amazon's great customer focus and NextCard's Internet credit card leadership has allowed us to create a highly valuable product for Amazon's customers." About NextCard NextCard, Inc. (www.nextcard.com) is considered the leading issuer of consumer credit on the Internet. Launched in 1997, the company was the first to offer instant online credit card approval, a choice of customized credit card offers, personalized PictureCard designs, and exceptional online customer service. NextCard is committed to providing the most robust consumer shopping experience on the Internet and has continued to innovate with its complete GoShopping! service, NextCard Concierge one-click shopping companion, online bill payment services, and comprehensive rewards program. NextCard is also one of the leading direct marketers on the Internet, operates a network of more than 40,000 online affiliates, and has exclusive card relationships with leading brands, including Amazon.com and Priceline.com. The Company owns minority stakes in Flooz.com, the premier online gift currency, and Paytrust.com, the leader in online bill payment. Ranked the No. 1 credit card that Internet consumers would consider for use (according to ZDNet's 1999 BrandIQ study), NextCard was named a top 50 financial Web site by Money magazine, a Hot 100 company by Upside magazine, and one of The Standard 100 most important and influential companies in the Internet economy by The Industry Standard in 1999. NextCard was nominated for a 2000 Webby Award in the finance category. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through hand-held wireless Internet devices that use HDML or the Wireless Application Protocol. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.
<p>SEATTLE--May 16, 2000--Leading online retailer Amazon.com (www.amazon.com) and NextCard (Nasdaq:NXCD), the leading issuer of consumer credit on the Internet, today introduced the unique Amazon.com NextCard Visa, offering the latest in credit card technology and the ability to earn rewards points that can be redeemed for Amazon.com gift certificates.</p><p>Consumers can apply for the card now through the Amazon.com Web site.</p><p>NextCard is the exclusive provider of Amazon.com cobranded credit cards for a five-year period. Available in attractive platinum or classic cards featuring the Amazon.com and NextCard logos, the Amazon.com NextCard Visa can be used for purchases both online and offline and has no annual fee.</p><p>The Amazon.com NextCard Visa offers 30-second online approval and access to online services such as statement viewing and payment, account alerts, balance transfers, and Internet-enabled chat with customer service representatives. Approved applicants will be presented with up to three credit card offers from which they can choose. Offers are tailored to each individual's credit profile and might include terms as low as a 2.99 percent introductory rate or a 9.99 percent ongoing rate.</p><p>The Amazon.com NextCard Visa Rewards points program is the first and only credit card program that offers customers the opportunity to earn points toward free Amazon.com merchandise. Enrollment in the Rewards program is free for cardholders. All purchases on the NextCard cobranded cards earn rewards points, which can be redeemed for Amazon.com gift certificates. In addition, purchases made on Amazon.com using the cobranded Visa card earn triple rewards points, allowing Amazon.com's more than 20 million customers to earn Amazon.com gift certificates even faster.</p><p>"With the launch of the Amazon.com NextCard Visa, we are not only helping our customers find, discover, and buy anything they want online, but also showing our thanks by rewarding them with gift certificates based on credit card spending," said Joe Galli, Amazon.com president and COO. "The combination of Amazon.com's online retail expertise and NextCard's online credit card experience creates a valuable new shopping alternative that offers strong appeal to our customers and to all credit card users."</p><p>"We are very excited to partner with Amazon.com in offering such a valuable product to Internet consumers," said Jeremy Lent, chairman and CEO of NextCard. "The combination of Amazon's great customer focus and NextCard's Internet credit card leadership has allowed us to create a highly valuable product for Amazon's customers."</p><p>About NextCard</p><p>NextCard, Inc. (www.nextcard.com) is considered the leading issuer of consumer credit on the Internet. Launched in 1997, the company was the first to offer instant online credit card approval, a choice of customized credit card offers, personalized PictureCard designs, and exceptional online customer service. NextCard is committed to providing the most robust consumer shopping experience on the Internet and has continued to innovate with its complete GoShopping! service, NextCard Concierge one-click shopping companion, online bill payment services, and comprehensive rewards program.</p><p>NextCard is also one of the leading direct marketers on the Internet, operates a network of more than 40,000 online affiliates, and has exclusive card relationships with leading brands, including Amazon.com and Priceline.com. The Company owns minority stakes in Flooz.com, the premier online gift currency, and Paytrust.com, the leader in online bill payment.</p><p>Ranked the No. 1 credit card that Internet consumers would consider for use (according to ZDNet's 1999 BrandIQ study), NextCard was named a top 50 financial Web site by Money magazine, a Hot 100 company by Upside magazine, and one of The Standard 100 most important and influential companies in the Internet economy by The Industry Standard in 1999. NextCard was nominated for a 2000 Webby Award in the finance category.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through hand-held wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.</p>
Amazon Auctions Offers Placements On Home Page Starting At Five Cents
/news/news-details/2000/Amazon-Auctions-Offers-Placements-On-Home-Page-Starting-At-Five-Cents/default.aspx
Amazon-Auctions-Offers-Placements-On-Home-Page-Starting-At-Five-Cents
4,193
05/08/2000 00:00:00
Amazon Auctions Offers Placements On Home Page Starting At Five Cents
05/08/2000
2000
SEATTLE--May 8, 2000-- Company Launches Bid for Featured Placement, Allowing Sellers to Better Merchandise Auctions to Amazon.com's 20 Million Customers Amazon Auctions (www.amazon.com/auctions), the most trusted auction site on the Web and ranked number one in Gomez Advisors' customer confidence scorecard, introduced Bid for Featured Placement, a new merchandising tool for its online Auctions and zShops sellers. Instead of flat fees for promotional placements, Amazon Auctions' Bid for Featured Placement gives sellers the opportunity to determine their items' placements based on the amount they are willing to pay per day. A minimum participation fee of five cents per day, per level allows sellers to bid for the Auctions home page, the browse-all-categories page, or in the appropriate category levels of their choice. Bid for Featured Placement is the latest addition to a comprehensive set of merchandising tools that Amazon Auctions offers its Auctions and zShops sellers, helping them effectively reach the company's customer base of 20 million customers. Due to the industry's rapid growth, major online auction sites have become increasingly crowded. These days, Amazon Auctions and zShops, eBay, and Yahoo Auctions have several million items for sale at any given time. The fast formation of these marketplaces has left many in the dark, buried among thousands of other sellers, because premium merchandizing options are not flexible or affordable. Despite these problems, Amazon.com has found through internal research that sellers who feature their auctions on its site sell on average over 60% more than those who do not. Bid for Featured Placement is a low-cost, flexible merchandizing tool. Sellers can increase their bids at any time by any amount to stay in the most prominent place. The more they bid, the higher their placement appears in the category listings, on the Auctions home Page, or on search results. When sellers use Bid for Featured Placement, Amazon will highlight their listing with an eye-catching Featured icon. "With millions of items for sale on each of the three major online marketplaces today, it is increasingly difficult for sellers to affordably get in front of buyers," said Jeff Blackburn, general manager, Amazon Auctions. "Bid for Featured Placement provides sellers a flexible, low-cost tool to target the 20 million potential bidders who shop at Amazon.com. We expect users to see significant sales gains." Amazon Auctions has the auction industry's most robust set of promotional tools for online customers. Internal research shows that sellers who take advantage of these tools sell more merchandise, attract more bids, and achieve higher prices. Some of these tools include: -- Featured Placements: Items featured on the Amazon Auctions home page or on category pages sell 60% better than those that aren't. --Old Cost: $99.95 (home page) and $14.95 (category page) before Bid for Featured Placement. New Cost: as low as $0.05 per day to be featured. -- Bold Listings: Make the title of listings stand out from the crowd in search results and browse pages by posting it in boldface type. Seller's who use Bold Listings sell 30% better than those who don't. --Cost: $2.00 per listing. -- Amazon retail CrossLinks: Display listings to Amazon.com's 20 million customers throughout its Books, Music, and DVD/Video stores. Sellers who use CrossLinks sell 20% better than those who don't. --Cost: free. -- First Bidder Discount: Entice bidders to bid early and often with 10% off the final price if they win the auction. Sellers who use First Bidder Discount sell 15% more than those who don't. --Cost: free. -- Amazon Payments with 1-Click: Allows any seller, once qualified, to accept credit cards via Amazon.com, and allows bidders to pay sellers with their preset 1-Click information. Over 70% of auctions listings at Amazon.com offer Amazon Payments. Sellers who use Amazon Payments sell more than 10% more than those who don't. --Cost: $0.25 cents plus 2.5% of the final transaction amount. Other notable free merchandising options for sellers include graphic images for linking to their listings from their personal Web sites, and personalized URLs for sending interested bidders to their Member Profile pages. Sellers can create their own URLs by simply placing their name at the end of this link: http://www.amazon.com/seller/milehighcomics (this example is the URL for Mile High Comics, one of the top sellers at Amazon Auctions) About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through hand-held wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.
<p>SEATTLE--May 8, 2000--</p><p>Company Launches Bid for Featured</p><p>Placement, Allowing Sellers to Better Merchandise Auctions to</p><p>Amazon.com's 20 Million Customers</p><p>Amazon Auctions (www.amazon.com/auctions), the most trusted auction site on the Web and ranked number one in Gomez Advisors' customer confidence scorecard, introduced Bid for Featured Placement, a new merchandising tool for its online Auctions and zShops sellers.</p><p>Instead of flat fees for promotional placements, Amazon Auctions' Bid for Featured Placement gives sellers the opportunity to determine their items' placements based on the amount they are willing to pay per day. A minimum participation fee of five cents per day, per level allows sellers to bid for the Auctions home page, the browse-all-categories page, or in the appropriate category levels of their choice. Bid for Featured Placement is the latest addition to a comprehensive set of merchandising tools that Amazon Auctions offers its Auctions and zShops sellers, helping them effectively reach the company's customer base of 20 million customers.</p><p>Due to the industry's rapid growth, major online auction sites have become increasingly crowded. These days, Amazon Auctions and zShops, eBay, and Yahoo Auctions have several million items for sale at any given time. The fast formation of these marketplaces has left many in the dark, buried among thousands of other sellers, because premium merchandizing options are not flexible or affordable. Despite these problems, Amazon.com has found through internal research that sellers who feature their auctions on its site sell on average over 60% more than those who do not.</p><p>Bid for Featured Placement is a low-cost, flexible merchandizing tool. Sellers can increase their bids at any time by any amount to stay in the most prominent place. The more they bid, the higher their placement appears in the category listings, on the Auctions home Page, or on search results. When sellers use Bid for Featured Placement, Amazon will highlight their listing with an eye-catching Featured icon.</p><p>"With millions of items for sale on each of the three major online marketplaces today, it is increasingly difficult for sellers to affordably get in front of buyers," said Jeff Blackburn, general manager, Amazon Auctions. "Bid for Featured Placement provides sellers a flexible, low-cost tool to target the 20 million potential bidders who shop at Amazon.com. We expect users to see significant sales gains."</p><p>Amazon Auctions has the auction industry's most robust set of promotional tools for online customers. Internal research shows that sellers who take advantage of these tools sell more merchandise, attract more bids, and achieve higher prices. Some of these tools include:</p><pre> -- Featured Placements: Items featured on the Amazon Auctions home page or on category pages sell 60% better than those that aren't. --Old Cost: $99.95 (home page) and $14.95 (category page) before Bid for Featured Placement. New Cost: as low as $0.05 per day to be featured. -- Bold Listings: Make the title of listings stand out from the crowd in search results and browse pages by posting it in boldface type. Seller's who use Bold Listings sell 30% better than those who don't. --Cost: $2.00 per listing. -- Amazon retail CrossLinks: Display listings to Amazon.com's 20 million customers throughout its Books, Music, and DVD/Video stores. Sellers who use CrossLinks sell 20% better than those who don't. --Cost: free. -- First Bidder Discount: Entice bidders to bid early and often with 10% off the final price if they win the auction. Sellers who use First Bidder Discount sell 15% more than those who don't. --Cost: free. -- Amazon Payments with 1-Click: Allows any seller, once qualified, to accept credit cards via Amazon.com, and allows bidders to pay sellers with their preset 1-Click information. Over 70% of auctions listings at Amazon.com offer Amazon Payments. Sellers who use Amazon Payments sell more than 10% more than those who don't. --Cost: $0.25 cents plus 2.5% of the final transaction amount. Other notable free merchandising options for sellers include graphic images for linking to their listings from their personal Web sites, and personalized URLs for sending interested bidders to their Member Profile pages. Sellers can create their own URLs by simply placing their name at the end of this link: http://www.amazon.com/seller/milehighcomics (this example is the URL for Mile High Comics, one of the top sellers at Amazon Auctions) About Amazon.com</pre><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through hand-held wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.</p>
Amazon.com Launches New Kitchen Store
/news/news-details/2000/Amazon.com-Launches-New-Kitchen-Store/default.aspx
Amazon.com-Launches-New-Kitchen-Store
4,194
05/02/2000 00:00:00
Amazon.com Launches New Kitchen Store
05/02/2000
2000
SEATTLE--May 2, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN)(www.amazon.com) today launched the new Amazon Kitchen store, featuring thousands of culinary products and accessories. Customers can access the store at www.amazon.com/kitchen. The Amazon Kitchen store provides a convenient, information-rich shopping experience for both the cooking novice and the gourmet, offering a vast merchandise selection alongside in-depth editorial content. Calphalon, Henckels, Cuisinart, KitchenAid, and Oxo are among the many brands available in the new store. "Our Kitchen team has cooked up an incredible store for our customers," said Jeff Bezos, Amazon.com founder and CEO. "Amazon Kitchen is a culinary resource and a destination where customers can find and discover everything kitchen that fits their taste." Amazon.com has assembled an expert editorial staff and joined forces with several celebrated chefs and food journalists to provide customers with a wide range of culinary savvy. The store features original product reviews, recipes, cooking and entertaining tips, and detailed buying guides to help customers explore the world of the culinary arts. Customers will enjoy tips, how-tos, and an exclusive weekly column from Chris Kimball and the editors of Cook's Illustrated, a bimonthly magazine for cooks who want to understand the techniques and principles of good home cooking. They'll also find recipes and entertaining ideas from OneBigTable.com, a portal site devoted to the enjoyment of food cofounded by The New York Times Magazine food columnist Molly O'Neill. Award-winning author and The New York Times "Minimalist" columnist Mark Bittman will answer customers' kitchen questions in "Bittman on the Basics," and shoppers can read exclusive interviews with their favorite chefs and learn their favorite cooking and entertaining tips. To help customers quickly and easily find the best products for their needs, the Amazon Kitchen store features a variety of browse options. Visitors can search the store by brand or product type, explore interests ranging from gift ideas to cooking with kids, shop for top sellers, and more. Editors integrate recipes and cooking tips with related cookbooks, cookware, bakeware, and appliances, putting everything at the customers' fingertips. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through hand-held wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.
<p>SEATTLE--May 2, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN)(www.amazon.com) today launched the new Amazon Kitchen store, featuring thousands of culinary products and accessories.</p><p>Customers can access the store at www.amazon.com/kitchen.</p><p>The Amazon Kitchen store provides a convenient, information-rich shopping experience for both the cooking novice and the gourmet, offering a vast merchandise selection alongside in-depth editorial content. Calphalon, Henckels, Cuisinart, KitchenAid, and Oxo are among the many brands available in the new store.</p><p>"Our Kitchen team has cooked up an incredible store for our customers," said Jeff Bezos, Amazon.com founder and CEO. "Amazon Kitchen is a culinary resource and a destination where customers can find and discover everything kitchen that fits their taste."</p><p>Amazon.com has assembled an expert editorial staff and joined forces with several celebrated chefs and food journalists to provide customers with a wide range of culinary savvy. The store features original product reviews, recipes, cooking and entertaining tips, and detailed buying guides to help customers explore the world of the culinary arts.</p><p>Customers will enjoy tips, how-tos, and an exclusive weekly column from Chris Kimball and the editors of Cook's Illustrated, a bimonthly magazine for cooks who want to understand the techniques and principles of good home cooking. They'll also find recipes and entertaining ideas from OneBigTable.com, a portal site devoted to the enjoyment of food cofounded by The New York Times Magazine food columnist Molly O'Neill. Award-winning author and The New York Times "Minimalist" columnist Mark Bittman will answer customers' kitchen questions in "Bittman on the Basics," and shoppers can read exclusive interviews with their favorite chefs and learn their favorite cooking and entertaining tips.</p><p>To help customers quickly and easily find the best products for their needs, the Amazon Kitchen store features a variety of browse options. Visitors can search the store by brand or product type, explore interests ranging from gift ideas to cooking with kids, shop for top sellers, and more. Editors integrate recipes and cooking tips with related cookbooks, cookware, bakeware, and appliances, putting everything at the customers' fingertips.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through hand-held wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.</p>
Amazon.com Surpasses 20 Million Cumulative Customer Accounts and Announces Financial Results for First Quarter 2000
/news/news-details/2000/Amazon.com-Surpasses-20-Million-Cumulative-Customer-Accounts-and-Announces-Financial-Results-for-First-Quarter-2000/default.aspx
Amazon.com-Surpasses-20-Million-Cumulative-Customer-Accounts-and-Announces-Financial-Results-for-First-Quarter-2000
4,195
04/26/2000 00:00:00
Amazon.com Surpasses 20 Million Cumulative Customer Accounts and Announces Financial Results for First Quarter 2000
04/26/2000
2000
SEATTLE--April 26, 2000-- 3.1 Million New Customers Added; Cumulative Customer Total Now Over 20 Million; First Quarter Revenues Up 95% Year-Over-Year; Now More Than 12 Stores Amazon.com, Inc. (NASDAQ:AMZN) today announced that net sales for the first quarter of 2000 were $574 million, an increase of 95 percent over net sales of $294 million for the first quarter of 1999. Pro forma operating loss in the first quarter of 2000 was $99 million, compared to a pro forma operating loss of $31 million in the first quarter of 1999. First-quarter pro forma net loss in 2000 was $122 million, or $0.35 per share, compared with a pro forma net loss of $36 million, or $0.12 per share, in the first quarter of 1999. Amazon.com announced that cumulative customer accounts increased by 3.1 million during the first quarter to 20 million as of March 31, 2000. Repeat-customer orders represented 76 percent of orders in the first quarter of 2000, up from 66 percent in the first quarter of 1999. Customer accounts exclude users of the Amazon Commerce Network (an expanding set of product and service offerings powered by partners) but include users of Amazon marketplace services. "Our platform has allowed us to expand the products and services we offer customers and demonstrate operating leverage in our results at the same time," said Jeff Bezos, Amazon.com founder and CEO. "We expect that the rest of the year will yield a similar balance of global growth and expansion while driving toward profitability in every business." "Our vision remains being the best place for customers to find and discover anything they want to buy online," said Joe Galli, Amazon.com president and COO. "We made terrific progress in the first quarter against our key goals for 2000: customer growth, product and service expansion, operational excellence, global focus, extending the Amazon Commerce Network, and driving toward profitability." "We are pleased to report substantial growth and gross profit and operating margin improvement this quarter," said Warren Jenson, Amazon.com CFO. "Looking ahead, we expect our U.S. Books, Music and DVD/Video segment to be profitable on a pro forma operating basis for the full year 2000. In addition, we believe that over the next three quarters combined, Amazon.com will be operating cash flow positive --enough, we expect, to more than cover our planned capital expenditures. With the leading platform in online commerce, a global brand and scale, and $1 billion in cash, we are well positioned to deliver on our 2000 plans." For the quarter, trailing 12-month sales per customer who purchased during the past 12 months was $121, up from $107 for the first quarter of 1999. The company also reported that its overall fulfillment expenses were $99 million or 17 percent of sales this quarter. A live Webcast of the company's first quarter 2000 financial results conference call can be heard today at 2:00 p.m. PST / 5:00 p.m. EST at www.amazon.com/ir. The call will also be archived and available until May 31, 2000. Growth in Earth's Biggest Selection Within its Tools & Hardware store, Amazon.com launched www.toolcrib.amazon.com, a new professional tools and equipment store targeted at its professional-contractor business customers (also located on the home page of the Tools & Hardware tab). The new store includes full line listings from well-known tool manufacturers such as DeWalt, Delta, Makita, Porter Cable, Bosch, and Hitachi. Professionals can browse products in over 20 categories and get useful product information from sources such as Tools of the Trade magazine and Amazon.com customer reviews. Amazon.com has also added a new Lawn & Patio store, with thousands of popular and hard-to-find products for lawn and patio decoration, care and enjoyment. The store (www.amazon.com/lawnandpatio) features an extensive selection of outdoor grills, patio furniture, birdfeeders, lawn mowers, garden tools and decorative ornaments (and even pink flamingos) from more than 50 leading brands, including Weber, Fiskars, Rubbermaid, Rain Bird, Melnor/Gardena, Gilmour, Ryobi, Echo, Weed Eater, Corona and Miracle-Gro. Amazon.com launched a Health & Beauty store, providing a direct gateway to drugstore.com's health, beauty and wellness products and information from the Amazon.com site at www.amazon.com/healthandbeauty. Now when shoppers go to the Amazon.com home page, they can click the Health & Beauty tab and enter the drugstore.com online storefront. This one-stop shopping means convenient access to drugstore.com's more than 20,000 health and beauty products, useful content and buying guides and full-service pharmacy. Amazon.com shoppers can navigate throughout the drugstore.com site with an ever-present "Return to Amazon.com" link to send them rapidly and easily back to the Amazon.com home page. drugstore.com is the first Amazon Commerce Network partner to be featured as an integrated part of Amazon.com's navigational structure. In its pursuit of being the best place to find and discover anything customers want to buy online, Amazon.com works not only to open new stores but also to extend the products in our existing stores. For example, Stephen King's Riding the Bullet, his first-ever story published exclusively as an e-book, was made available for download by Amazon.com customers. Amazon.com's Electronics store was selected by Ceiva to be the exclusive retailer -- online or off -- of its revolutionary Internet appliance product. Ceiva is the first-ever Internet-connected digital picture frame, which enables people to receive photos to a picture frame directly over a phone line. Global Growth In Europe, Amazon.co.uk and Amazon.de both added a DVD/Video store. The new U.K. DVD/Video store (www.amazon.co.uk/video), for example, provides the most comprehensive selection of DVDs and videos in the U.K. The store offers more than 22,000 VHS titles (almost every video available in the U.K.), plus all of the DVDs currently available in the U.K. Amazon.com announced the opening of a customer service center in The Hague, to offer multi-lingual support from a pan-European call center. Amazon.com also named Diego Piacentini, Apple Europe's former vice president and general manager, as senior vice president and general manager international. According to recent Media Metrix ratings for Europe, the Amazon.co.uk, Amazon.de and Amazon.com sites are ranked the No. 1, No. 2 and No. 3 online retail sites in Europe based on reach. Total first-quarter sales outside the U.S., including exports from the U.S., were 24 percent of sales. Service Expansion Amazon Payments is an integrated payment system that allows businesses and individuals to both make and receive online payments via credit cards. This service allows payment from a buyer to be automatically transferred to a seller, and is now accepted by over 50 percent of zShops and Auctions listings. The Amazon Anywhere program, Amazon.com's wireless initiative, was extended to provide easy access to Amazon.com anytime, anywhere. Amazon Anywhere added new features and functionality for Personal Digital Assistant (PDA) customers like users of the Palm VII. As a result of Amazon.com's over 11 partnerships with handheld wireless Internet device manufacturers such as Nokia and Motorola, and several wireless carriers, including Sprint PCS, Nextel and Airtouch, customers can now access Amazon.com using the Hand Device Mark-up Language (HDML) format. Additionally, customers can now shop at Amazon.com via the new Pocket PC through Pocket Internet Explorer. Amazon Anywhere has created several new Web addresses for mobile e-commerce (amazon.com/phone) and Pocket PC customers (www.amazon.com/pocketpc). Customers can buy or place pre-orders while supplies last on Pocket PC devices from Casio, Compaq and Hewlett-Packard at the Amazon.com Electronics store. European customers can access the U.K. and German sites using the Wireless Applications Protocol (WAP) format. This global Amazon Anywhere initiative emphasizes Amazon.com's commitment to enhancing the customer buying experience with the convenience, safety and speed of state-of-the-art wireless commerce. Community and Personalization Amazon.com also launched Amazon Friends & Favorites, an area accessible from the Amazon.com home page that gives its community of millions of customers the opportunity to help each other find, discover and buy great products and services. Amazon Friends & Favorites further customizes the shopping experience for customers, making it easy for customers to manage their wish list, their reviews and other information that they want to share. Customers choose the friends with whom they want to share their opinions, past purchases and wish-list items. In exchange, they gain insight from a growing circle of friends, family and favorite reviewers they trust the most. Reviews, recommendations and wishes from a customer's selection of favorite people personalize their shopping experience, helping them to make an even more informed buying decision. Other features of Amazon Friends & Favorites include About You pages, discussion boards, purchase circles and refer-a-friend, all examples of Amazon.com's customer-centric approach to individualizing the shopping experience for, and relationship with, its customers. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon Auctions, or Amazon zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through hand-held wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. Historical results of operations are preliminary and unaudited. This press release also contains forward-looking statements, including statements regarding expectations of future pro-forma operating profitability in the U.S. Books, Music and DVD/Video segment and positive cash flow from operations, all of which are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including the rate of growth of the Internet and online commerce, the amount that Amazon.com invests in new business opportunities and the timing of those investments, customer spending patterns, the mix of products sold to customers, the mix of revenues derived from products sales as compared to services, risks of inventory management, and risks of distribution and fulfillment throughput and productivity. Other risks and uncertainties include Amazon.com's limited operating history, anticipated losses, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks associated with distribution center expansion, adverse consequences arising from system interruptions, risks associated with management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999. Note on Financial Presentation Financial results are prepared in accordance with U.S. generally accepted accounting principles. Pro forma financial results exclude amortization of goodwill and other intangibles, equity in losses of equity-method investees, stock-based compensation costs and merger, acquisition and investment-related costs. Organizations responsible for promulgating accounting standards are currently reviewing the financial statement classification of, and accounting for, fulfillment and order processing costs by a number of retailers, online and offline, including Amazon.com. Fulfillment costs included in marketing and sales expenses represent net credit card fees and those costs incurred in operating and staffing distribution and customer service centers, including costs attributable to receiving, inspecting and warehousing inventories; picking, packing and preparing customers' orders for shipment; and responding to inquiries from customers. The review by these accounting organizations may lead to new accounting standards that could require that some or all of our fulfillment and order processing costs be classified as cost of sales. These new standards could also require us to capitalize certain of our fulfillment and order processing costs in inventory. We currently expense these costs as incurred. We will adjust our accounting and classification of fulfillment and order processing costs if required by accounting organizations or by the SEC. AMAZON.COM, INC. Consolidated Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended March 31, 2000 1999 Net sales $ 573,889 $ 293,643 Cost of sales 445,755 228,852 Gross profit 128,134 64,791 Operating expenses: Marketing and sales 140,111 60,717 Technology and content 61,244 23,402 General and administrative 26,045 11,243 Stock-based compensation 13,652 111 Amortization of goodwill and other intangibles 82,955 20,900 Merger, acquisition and investment-related costs 2,019 399 Total operating expenses 326,026 116,772 Loss from operations (197,892) (51,981) Interest income 10,126 10,920 Interest expense (27,621) (16,634) Other expense (4,774) (49) Net interest expense and other (22,269) (5,763) Loss before equity in losses of equity-method investees (220,161) (57,744) Equity in losses of equity-method investees (88,264) (3,923) Net loss $ (308,425) $ (61,667) Basic and diluted loss per share $ (0.90) $ (0.20) Shares used in computation of basic and diluted loss per share (Note 1) 343,884 313,794 Pro Forma Results (Note 2) Pro forma loss from operations, excluding amortization of goodwill and other intangibles, stock-based compensation costs and merger, acquisition and investment- related costs $ (99,266) $ (30,571) Pro forma net loss, excluding amortization of goodwill and other intangibles, equity in losses of equity-method investees, stock-based compensation costs and merger, acquisition and investment-related costs $ (121,535) $ (36,334) Pro forma basic and diluted loss per share, excluding amortization of goodwill and other intangibles, equity in losses of equity- method investees, stock-based compensation costs and merger, acquisition and investment-related costs $ (0.35) $ (0.12) Shares used in computation of pro forma basic and diluted loss per share (Note 1) 343,884 313,794 Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying consolidated balance sheets and statements of operations have been restated to reflect the splits. Note 2: Pro forma results for the 3-month periods ended March 31, 2000 and 1999 are presented for informational purposes only and are not prepared in accordance with generally accepted accounting principles. These results present the operating results of Amazon.com, excluding charges of $186.9 million and $25.3 million for the 3-month periods ended March 31, 2000 and 1999, respectively, related to amortization of goodwill and other intangible assets, equity in losses of equity-method investees, stock-based compensation and merger, acquisition and investment-related costs. AMAZON.COM, INC. Consolidated Balance Sheets (in thousands, except per share data) (unaudited) MARCH 31, DECEMBER 31, 2000 1999 ASSETS Current assets: Cash $ 84,087 $ 116,962 Marketable securities 924,794 589,226 Inventories 172,257 220,646 Prepaid expenses and other current assets 89,811 85,344 Total current assets 1,270,949 1,012,178 Fixed assets, net 334,396 317,613 Goodwill, net 471,748 534,699 Other purchased intangibles, net 175,444 195,445 Investments in equity-method investees 271,542 226,727 Other investments 212,782 144,735 Deferred charges and other 54,882 40,154 Total assets $ 2,791,743 $ 2,471,551 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 255,797 $ 463,026 Accrued expenses and other current liabilities 115,811 126,017 Accrued advertising 29,004 55,892 Deferred revenue 196,758 54,790 Interest payable 15,812 24,888 Current portion of long-term debt and other 15,983 14,322 Total current liabilities 629,165 738,935 Long-term debt and other 2,136,961 1,466,338 Stockholders' equity: Preferred stock, $0.01 par value: Authorized shares -- 150,000 Issued and outstanding shares -- none - - Common stock, $0.01 par value: Authorized shares -- 1,500,000 Issued and outstanding shares -- 349,959 and 345,155 shares at March 31, 2000 and December 31, 1999, respectively 3,500 3,452 Additional paid-in capital 1,294,932 1,195,540 Note receivable for common stock (1,171) (1,171) Stock-based compensation (34,889) (47,806) Accumulated other comprehensive loss (46,302) (1,709) Accumulated deficit (1,190,453) (882,028) Total stockholders' equity 25,617 266,278 Total liabilities and stockholders' equity $ 2,791,743 $ 2,471,551 Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying consolidated balance sheets and statements of operations have been restated to reflect the splits. AMAZON.COM, INC. Segment Information (in thousands, except per share data) (unaudited) Three Months Ended US Books, Early-Stage March 31, 2000 Music and Businesses DVD/Video Intl. And Other Consolidated ========= ===== =========== ============ Revenues from external customers $ 401,415 $ 75,132 $ 97,342 $ 573,889 Gross profit 82,855 16,036 29,243 128,134 Segment loss (2,425) (27,448) (69,393) (99,266) Other operating expenses - - - (98,626) Net interest expense and other - - - (22,269) Equity in losses of equity-method investees - - - (88,264) Net loss - - - $ (308,425) Three Months Ended US Books, Early-Stage March 31, 1999 Music and Businesses DVD/Video Intl. And Other Consolidated ========= ===== =========== ============ Revenues from external customers $ 267,522 $ 25,719 $ 402 $ 293,643 Gross profit 59,266 5,157 368 64,791 Segment loss (3,117) (14,253) (13,201) (30,571) Other operating expenses - - - (21,410) Net interest expense and other - - - (5,763) Equity in losses of equity-method investees - - - (3,923) Net loss - - - $ (61,667) Note 1: The Company identifies operating segments based on product line information, considering line maturity, within the United States and separately identifies its international operations as an operating segment. The results for US Books, Music and DVD/video have been aggregated into one reportable segment due to the similarity of their economic characteristics.
<p>SEATTLE--April 26, 2000--</p><p>3.1 Million New Customers Added;</p><p>Cumulative Customer Total Now Over 20 Million; First Quarter Revenues Up 95% Year-Over-Year; Now More Than 12 Stores</p><p>Amazon.com, Inc. (NASDAQ:AMZN) today announced that net sales for the first quarter of 2000 were $574 million, an increase of 95 percent over net sales of $294 million for the first quarter of 1999.</p><p>Pro forma operating loss in the first quarter of 2000 was $99 million, compared to a pro forma operating loss of $31 million in the first quarter of 1999. First-quarter pro forma net loss in 2000 was $122 million, or $0.35 per share, compared with a pro forma net loss of $36 million, or $0.12 per share, in the first quarter of 1999.</p><p>Amazon.com announced that cumulative customer accounts increased by 3.1 million during the first quarter to 20 million as of March 31, 2000. Repeat-customer orders represented 76 percent of orders in the first quarter of 2000, up from 66 percent in the first quarter of 1999. Customer accounts exclude users of the Amazon Commerce Network (an expanding set of product and service offerings powered by partners) but include users of Amazon marketplace services.</p><p>"Our platform has allowed us to expand the products and services we offer customers and demonstrate operating leverage in our results at the same time," said Jeff Bezos, Amazon.com founder and CEO. "We expect that the rest of the year will yield a similar balance of global growth and expansion while driving toward profitability in every business."</p><p>"Our vision remains being the best place for customers to find and discover anything they want to buy online," said Joe Galli, Amazon.com president and COO. "We made terrific progress in the first quarter against our key goals for 2000: customer growth, product and service expansion, operational excellence, global focus, extending the Amazon Commerce Network, and driving toward profitability."</p><p>"We are pleased to report substantial growth and gross profit and operating margin improvement this quarter," said Warren Jenson, Amazon.com CFO. "Looking ahead, we expect our U.S. Books, Music and DVD/Video segment to be profitable on a pro forma operating basis for the full year 2000. In addition, we believe that over the next three quarters combined, Amazon.com will be operating cash flow positive --enough, we expect, to more than cover our planned capital expenditures. With the leading platform in online commerce, a global brand and scale, and $1 billion in cash, we are well positioned to deliver on our 2000 plans."</p><p>For the quarter, trailing 12-month sales per customer who purchased during the past 12 months was $121, up from $107 for the first quarter of 1999. The company also reported that its overall fulfillment expenses were $99 million or 17 percent of sales this quarter.</p><p>A live Webcast of the company's first quarter 2000 financial results conference call can be heard today at 2:00 p.m. PST / 5:00 p.m. EST at www.amazon.com/ir. The call will also be archived and available until May 31, 2000.</p><p>Growth in Earth's Biggest Selection</p><p>Within its Tools &amp; Hardware store, Amazon.com launched www.toolcrib.amazon.com, a new professional tools and equipment store targeted at its professional-contractor business customers (also located on the home page of the Tools &amp; Hardware tab). The new store includes full line listings from well-known tool manufacturers such as DeWalt, Delta, Makita, Porter Cable, Bosch, and Hitachi. Professionals can browse products in over 20 categories and get useful product information from sources such as Tools of the Trade magazine and Amazon.com customer reviews.</p><p>Amazon.com has also added a new Lawn &amp; Patio store, with thousands of popular and hard-to-find products for lawn and patio decoration, care and enjoyment. The store (www.amazon.com/lawnandpatio) features an extensive selection of outdoor grills, patio furniture, birdfeeders, lawn mowers, garden tools and decorative ornaments (and even pink flamingos) from more than 50 leading brands, including Weber, Fiskars, Rubbermaid, Rain Bird, Melnor/Gardena, Gilmour, Ryobi, Echo, Weed Eater, Corona and Miracle-Gro.</p><p>Amazon.com launched a Health &amp; Beauty store, providing a direct gateway to drugstore.com's health, beauty and wellness products and information from the Amazon.com site at</p><p>www.amazon.com/healthandbeauty. Now when shoppers go to the Amazon.com home page, they can click the Health &amp; Beauty tab and enter the drugstore.com online storefront. This one-stop shopping means convenient access to drugstore.com's more than 20,000 health and beauty products, useful content and buying guides and full-service pharmacy. Amazon.com shoppers can navigate throughout the drugstore.com site with an ever-present "Return to Amazon.com" link to send them rapidly and easily back to the Amazon.com home page. drugstore.com is the first Amazon Commerce Network partner to be featured as an integrated part of Amazon.com's navigational structure.</p><p>In its pursuit of being the best place to find and discover anything customers want to buy online, Amazon.com works not only to open new stores but also to extend the products in our existing stores. For example, Stephen King's Riding the Bullet, his first-ever story published exclusively as an e-book, was made available for download by Amazon.com customers.</p><p>Amazon.com's Electronics store was selected by Ceiva to be the exclusive retailer -- online or off -- of its revolutionary Internet appliance product. Ceiva is the first-ever Internet-connected digital picture frame, which enables people to receive photos to a picture frame directly over a phone line.</p><p>Global Growth</p><p>In Europe, Amazon.co.uk and Amazon.de both added a DVD/Video store. The new U.K. DVD/Video store (www.amazon.co.uk/video), for example, provides the most comprehensive selection of DVDs and videos in the U.K. The store offers more than 22,000 VHS titles (almost every video available in the U.K.), plus all of the DVDs currently available in the U.K.</p><p>Amazon.com announced the opening of a customer service center in The Hague, to offer multi-lingual support from a pan-European call center. Amazon.com also named Diego Piacentini, Apple Europe's former vice president and general manager, as senior vice president and general manager international.</p><p>According to recent Media Metrix ratings for Europe, the Amazon.co.uk, Amazon.de and Amazon.com sites are ranked the No. 1, No. 2 and No. 3 online retail sites in Europe based on reach. Total first-quarter sales outside the U.S., including exports from the U.S., were 24 percent of sales.</p><p>Service Expansion</p><p>Amazon Payments is an integrated payment system that allows businesses and individuals to both make and receive online payments via credit cards. This service allows payment from a buyer to be automatically transferred to a seller, and is now accepted by over 50 percent of zShops and Auctions listings.</p><p>The Amazon Anywhere program, Amazon.com's wireless initiative, was extended to provide easy access to Amazon.com anytime, anywhere. Amazon Anywhere added new features and functionality for Personal Digital Assistant (PDA) customers like users of the Palm VII. As a result of Amazon.com's over 11 partnerships with handheld wireless Internet device manufacturers such as Nokia and Motorola, and several wireless carriers, including Sprint PCS, Nextel and Airtouch, customers can now access Amazon.com using the Hand Device Mark-up Language (HDML) format. Additionally, customers can now shop at Amazon.com via the new Pocket PC through Pocket Internet Explorer. Amazon Anywhere has created several new Web addresses for mobile e-commerce (amazon.com/phone) and Pocket PC customers (www.amazon.com/pocketpc). Customers can buy or place pre-orders while supplies last on Pocket PC devices from Casio, Compaq and Hewlett-Packard at the Amazon.com Electronics store.</p><p>European customers can access the U.K. and German sites using the Wireless Applications Protocol (WAP) format. This global Amazon Anywhere initiative emphasizes Amazon.com's commitment to enhancing the customer buying experience with the convenience, safety and speed of state-of-the-art wireless commerce.</p><p>Community and Personalization</p><p>Amazon.com also launched Amazon Friends &amp; Favorites, an area accessible from the Amazon.com home page that gives its community of millions of customers the opportunity to help each other find, discover and buy great products and services. Amazon Friends &amp; Favorites further customizes the shopping experience for customers, making it easy for customers to manage their wish list, their reviews and other information that they want to share. Customers choose the friends with whom they want to share their opinions, past purchases and wish-list items. In exchange, they gain insight from a growing circle of friends, family and favorite reviewers they trust the most. Reviews, recommendations and wishes from a customer's selection of favorite people personalize their shopping experience, helping them to make an even more informed buying decision. Other features of Amazon Friends &amp; Favorites include About You pages, discussion boards, purchase circles and refer-a-friend, all examples of Amazon.com's customer-centric approach to individualizing the shopping experience for, and relationship with, its customers.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon Auctions, or Amazon zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through hand-held wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>Historical results of operations are preliminary and unaudited. This press release also contains forward-looking statements, including statements regarding expectations of future pro-forma operating profitability in the U.S. Books, Music and DVD/Video segment and positive cash flow from operations, all of which are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including the rate of growth of the Internet and online commerce, the amount that Amazon.com invests in new business opportunities and the timing of those investments, customer spending patterns, the mix of products sold to customers, the mix of revenues derived from products sales as compared to services, risks of inventory management, and risks of distribution and fulfillment throughput and productivity. Other risks and uncertainties include Amazon.com's limited operating history, anticipated losses, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks associated with distribution center expansion, adverse consequences arising from system interruptions, risks associated with management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.</p><p>Note on Financial Presentation</p><p>Financial results are prepared in accordance with U.S. generally accepted accounting principles. Pro forma financial results exclude amortization of goodwill and other intangibles, equity in losses of equity-method investees, stock-based compensation costs and merger, acquisition and investment-related costs.</p><p>Organizations responsible for promulgating accounting standards are currently reviewing the financial statement classification of, and accounting for, fulfillment and order processing costs by a number of retailers, online and offline, including Amazon.com. Fulfillment costs included in marketing and sales expenses represent net credit card fees and those costs incurred in operating and staffing distribution and customer service centers, including costs attributable to receiving, inspecting and warehousing inventories; picking, packing and preparing customers' orders for shipment; and responding to inquiries from customers. The review by these accounting organizations may lead to new accounting standards that could require that some or all of our fulfillment and order processing costs be classified as cost of sales. These new standards could also require us to capitalize certain of our fulfillment and order processing costs in inventory. We currently expense these costs as incurred. We will adjust our accounting and classification of fulfillment and order processing costs if required by accounting organizations or by the SEC.</p><pre> AMAZON.COM, INC. Consolidated Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended March 31, 2000 1999Net sales $ 573,889 $ 293,643Cost of sales 445,755 228,852Gross profit 128,134 64,791Operating expenses: Marketing and sales 140,111 60,717 Technology and content 61,244 23,402 General and administrative 26,045 11,243 Stock-based compensation 13,652 111 Amortization of goodwill and other intangibles 82,955 20,900 Merger, acquisition and investment-related costs 2,019 399 Total operating expenses 326,026 116,772Loss from operations (197,892) (51,981)Interest income 10,126 10,920Interest expense (27,621) (16,634)Other expense (4,774) (49) Net interest expense and other (22,269) (5,763)Loss before equity in losses of equity-method investees (220,161) (57,744)Equity in losses of equity-method investees (88,264) (3,923)Net loss $ (308,425) $ (61,667)Basic and diluted loss per share $ (0.90) $ (0.20)Shares used in computation of basic and diluted loss per share (Note 1) 343,884 313,794Pro Forma Results (Note 2)Pro forma loss from operations,excluding amortization of goodwill andother intangibles, stock-basedcompensation costs and merger,acquisition and investment- related costs $ (99,266) $ (30,571)Pro forma net loss, excludingamortization of goodwill and otherintangibles, equity in losses ofequity-method investees,stock-based compensation costsand merger, acquisitionand investment-related costs $ (121,535) $ (36,334)Pro forma basic and diluted lossper share, excluding amortization ofgoodwill and other intangibles,equity in losses of equity- methodinvestees, stock-based compensationcosts and merger, acquisition andinvestment-related costs $ (0.35) $ (0.12)Shares used in computation of proforma basic and diluted loss pershare (Note 1) 343,884 313,794</pre><p>Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying consolidated balance sheets and statements of operations have been restated to reflect the splits.</p><p>Note 2: Pro forma results for the 3-month periods ended March 31, 2000 and 1999 are presented for informational purposes only and are not prepared in accordance with generally accepted accounting principles. These results present the operating results of Amazon.com, excluding charges of $186.9 million and $25.3 million for the 3-month periods ended March 31, 2000 and 1999, respectively, related to amortization of goodwill and other intangible assets, equity in losses of equity-method investees, stock-based compensation and merger, acquisition and investment-related costs.</p><pre> AMAZON.COM, INC. Consolidated Balance Sheets (in thousands, except per share data) (unaudited) MARCH 31, DECEMBER 31, 2000 1999ASSETSCurrent assets: Cash $ 84,087 $ 116,962 Marketable securities 924,794 589,226 Inventories 172,257 220,646 Prepaid expenses and other current assets 89,811 85,344 Total current assets 1,270,949 1,012,178Fixed assets, net 334,396 317,613Goodwill, net 471,748 534,699Other purchased intangibles, net 175,444 195,445Investments in equity-method investees 271,542 226,727Other investments 212,782 144,735Deferred charges and other 54,882 40,154 Total assets $ 2,791,743 $ 2,471,551LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities: Accounts payable $ 255,797 $ 463,026 Accrued expenses and other current liabilities 115,811 126,017 Accrued advertising 29,004 55,892 Deferred revenue 196,758 54,790 Interest payable 15,812 24,888 Current portion of long-term debt and other 15,983 14,322 Total current liabilities 629,165 738,935Long-term debt and other 2,136,961 1,466,338Stockholders' equity: Preferred stock, $0.01 par value: Authorized shares -- 150,000 Issued and outstanding shares -- none - - Common stock, $0.01 par value: Authorized shares -- 1,500,000 Issued and outstanding shares -- 349,959 and 345,155 shares at March 31, 2000 and December 31, 1999, respectively 3,500 3,452 Additional paid-in capital 1,294,932 1,195,540 Note receivable for common stock (1,171) (1,171) Stock-based compensation (34,889) (47,806) Accumulated other comprehensive loss (46,302) (1,709) Accumulated deficit (1,190,453) (882,028) Total stockholders' equity 25,617 266,278 Total liabilities and stockholders' equity $ 2,791,743 $ 2,471,551</pre><p>Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying consolidated balance sheets and statements of operations have been restated to reflect the splits.</p><pre> AMAZON.COM, INC. Segment Information (in thousands, except per share data) (unaudited)Three Months Ended US Books, Early-StageMarch 31, 2000 Music and Businesses DVD/Video Intl. And Other Consolidated ========= ===== =========== ============Revenues from external customers $ 401,415 $ 75,132 $ 97,342 $ 573,889Gross profit 82,855 16,036 29,243 128,134Segment loss (2,425) (27,448) (69,393) (99,266)Other operating expenses - - - (98,626)Net interest expense and other - - - (22,269)Equity in losses of equity-method investees - - - (88,264)Net loss - - - $ (308,425)Three Months Ended US Books, Early-StageMarch 31, 1999 Music and Businesses DVD/Video Intl. And Other Consolidated ========= ===== =========== ============Revenues from external customers $ 267,522 $ 25,719 $ 402 $ 293,643Gross profit 59,266 5,157 368 64,791Segment loss (3,117) (14,253) (13,201) (30,571)Other operating expenses - - - (21,410)Net interest expense and other - - - (5,763)Equity in losses of equity-method investees - - - (3,923)Net loss - - - $ (61,667)</pre><p>Note 1: The Company identifies operating segments based on product line information, considering line maturity, within the United States and separately identifies its international operations as an operating segment. The results for US Books, Music and DVD/video have been aggregated into one reportable segment due to the similarity of their economic characteristics.</p>
Beverly Hills 90210 Fans Get a Behind-the-scenes Peek and Chance to Own a Piece of Television History as Hit Series Comes to an End
/news/news-details/2000/Beverly-Hills-90210-Fans-Get-a-Behind-the-scenes-Peek-and-Chance-to-Own-a-Piece-of-Television-History-as-Hit-Series-Comes-to-an-End/default.aspx
Beverly-Hills-90210-Fans-Get-a-Behind-the-scenes-Peek-and-Chance-to-Own-a-Piece-of-Television-History-as-Hit-Series-Comes-to-an-End
4,196
04/25/2000 00:00:00
Beverly Hills 90210 Fans Get a Behind-the-scenes Peek and Chance to Own a Piece of Television History as Hit Series Comes to an End
04/25/2000
2000
( EW)(WA-AMAZON.COM)(AMZN) Beverly Hills 90210 Fans Get a Behind-the-scenes Peek and Chance to Own a Piece of Television History as Hit Series Comes to an End LOS ANGELES and SEATTLE--(ENTERTAINMENT WIRE)--April 25, 2000-- Auction Items Previewed At AsSeenIn.com With Bidding At Amazon.com Auctions Dylan's motorcycle, a Peach Pit jukebox, the Walsh's family mailbox, along with other memorable items from one of television's most popular, long-running series, Beverly Hills 90210, will be auctioned by AsSeenIn.com at Amazon.com Auctions beginning May 1. Starting bids for all items will be one dollar, with a portion of proceeds benefiting Save The Children. Today, fans can visit entertainment e-commerce site AsSeenIn.com (www.AsSeenIn.com) -- in which Spelling Television (a Paramount/Viacom company) has an equity stake -- to preview and bookmark the first selection of wardrobe, screen-used props, and furnishings to be auctioned. All the items are from the Beverly Hills 90210 cast and locales including, The Peach Pit, the Walsh home, Donna and Kelly's beach apartment, and the Now Wear This clothing store, among others. While at AsSeenIn.com, interested bidders can also take 3-D tours of the 90210 sets, learn the behind the scenes details of the outfits and items up for bid, and get the insider's scoop from interviews with long-time crew members. The auction features something for everyone with more than 400 pieces of show memorabilia being sold during a series of seven-day auctions from May 1 to 22. New items will open for preview and bidding at www.amazon.com/90210-auction every few days leading up to the 90210 series finale on May 17. "AsSeenIn.com offers fans a unique venue to experience 90210 for the very last time," said Sam Baldoni, founder and CEO of AsSeenIn.com. "We are thrilled to offer them the opportunity to own a piece of television history." "We're excited to offer `Bev.' fans the opportunity to own something from such a popular and memorable TV series while contributing to an important charity," said Jeff Blackburn, general manager, Amazon.com Auctions. Some of the additional items up for auction during the three weeks include: -- Kelly's wedding dress from her ill-fated attempt at a marriage with Brandon -- Brenda Walsh's college acceptance letters -- the only existing evidence of the Brenda era -- The Peach Pit After Dark exterior sign letters, which have seen multiple owners including Valerie, David, Noah and Dylan -- The pinball machine added to the foyer of the Walsh house for Steve and Brandon's college years -- Steve, the football hero's California letterman jacket -- Towels and boogie boards with the Beverly Hills Beach Club logo from the gang's popular summer hangout, where Brandon worked in the series' early years -- The dresser from the bungalow where Carly, played by Hillary Swank, lived when she appeared as Steve's love interest and single mother in the show's 8th season -- The recognizable pony print chair from Kelly and Donna's beach apartment Soon after the series comes to a dramatic end on May 17 at 10:00 p.m. PDT/EDT, a special auction, including items from the final episode, will open for bidding at www.amazon.com/90210-auction and will close on May 22. To bid on items, fans can either visit www.AsSeenIn.com and be linked to Amazon.com Auctions, the exclusive auction site, or they can go directly to www.amazon.com/90210-auction. Winning bidders will receive their auction items via Fed Ex. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. About AsSeenIn.com AsSeenIn.com is a new Web site that brings the convergence of e-commerce and entertainment to a new level, allowing consumers to purchase merchandise from popular television shows and feature films with the click of a mouse. AsSeenIn.com is the ultimate "one-stop" destination site for the loyal viewers of television and feature films. Fans seeking infotainment can buy the products and services they see, take 3-D tours of their favorite sets, and experience an insider's view of their favorite programs with behind-the-scenes chats and interviews with industry insiders. The site features top-rated Spelling Television Productions including Charmed and 7th Heaven, as well as Spelling Entertainment's Any Day Now. Coming soon to AsSeenIn.com will be programs from Dick Clark Productions, Viacom Productions, and Paramount Television. CONTACT: AsSeenIn.com Bender/Helper Impact: Shawna Lynch, 310/473-4147, ext. 276 Shawna_lynch@bhimpact.com or Deanne Arritt Traut, 310/473-4147, ext. 256 Deanne_traut@bhimpact.com or Amazon.com Sharon Greenspan, 206/266-7180 or Golin/Harris International Richele Craveiro, 415/808-9828
<p>( EW)(WA-AMAZON.COM)(AMZN) Beverly Hills 90210 Fans Get a Behind-the-scenes Peek and Chance to Own a Piece of Television History as Hit Series Comes to an End</p><p>LOS ANGELES and SEATTLE--(ENTERTAINMENT WIRE)--April 25, 2000--</p><p>Auction Items Previewed At AsSeenIn.com With Bidding At</p><p>Amazon.com Auctions</p><p>Dylan's motorcycle, a Peach Pit jukebox, the Walsh's family mailbox, along with other memorable items from one of television's most popular, long-running series, Beverly Hills 90210, will be auctioned by AsSeenIn.com at Amazon.com Auctions beginning May 1.</p><p>Starting bids for all items will be one dollar, with a portion of proceeds benefiting Save The Children.</p><p>Today, fans can visit entertainment e-commerce site AsSeenIn.com (www.AsSeenIn.com) -- in which Spelling Television (a Paramount/Viacom company) has an equity stake -- to preview and bookmark the first selection of wardrobe, screen-used props, and furnishings to be auctioned. All the items are from the Beverly Hills 90210 cast and locales including, The Peach Pit, the Walsh home, Donna and Kelly's beach apartment, and the Now Wear This clothing store, among others. While at AsSeenIn.com, interested bidders can also take 3-D tours of the 90210 sets, learn the behind the scenes details of the outfits and items up for bid, and get the insider's scoop from interviews with long-time crew members.</p><p>The auction features something for everyone with more than 400 pieces of show memorabilia being sold during a series of seven-day auctions from May 1 to 22. New items will open for preview and bidding at www.amazon.com/90210-auction every few days leading up to the 90210 series finale on May 17.</p><p>"AsSeenIn.com offers fans a unique venue to experience 90210 for the very last time," said Sam Baldoni, founder and CEO of AsSeenIn.com. "We are thrilled to offer them the opportunity to own a piece of television history."</p><p>"We're excited to offer `Bev.' fans the opportunity to own something from such a popular and memorable TV series while contributing to an important charity," said Jeff Blackburn, general manager, Amazon.com Auctions.</p><p>Some of the additional items up for auction during the three weeks include:</p><p>-- Kelly's wedding dress from her ill-fated attempt at a marriage</p><p>with Brandon</p><p>-- Brenda Walsh's college acceptance letters -- the only existing</p><p>evidence of the Brenda era</p><p>-- The Peach Pit After Dark exterior sign letters, which have</p><p>seen multiple owners including Valerie, David, Noah and Dylan</p><p>-- The pinball machine added to the foyer of the Walsh house for</p><p>Steve and Brandon's college years</p><p>-- Steve, the football hero's California letterman jacket</p><p>-- Towels and boogie boards with the Beverly Hills Beach Club</p><p>logo from the gang's popular summer hangout, where Brandon</p><p>worked in the series' early years</p><p>-- The dresser from the bungalow where Carly, played by Hillary</p><p>Swank, lived when she appeared as Steve's love interest and</p><p>single mother in the show's 8th season</p><p>-- The recognizable pony print chair from Kelly and Donna's beach</p><p>apartment</p><p>Soon after the series comes to a dramatic end on May 17 at 10:00 p.m. PDT/EDT, a special auction, including items from the final episode, will open for bidding at www.amazon.com/90210-auction and will close on May 22.</p><p>To bid on items, fans can either visit www.AsSeenIn.com and be linked to Amazon.com Auctions, the exclusive auction site, or they can go directly to www.amazon.com/90210-auction. Winning bidders will receive their auction items via Fed Ex.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>About AsSeenIn.com</p><p>AsSeenIn.com is a new Web site that brings the convergence of e-commerce and entertainment to a new level, allowing consumers to purchase merchandise from popular television shows and feature films with the click of a mouse. AsSeenIn.com is the ultimate "one-stop" destination site for the loyal viewers of television and feature films. Fans seeking infotainment can buy the products and services they see, take 3-D tours of their favorite sets, and experience an insider's view of their favorite programs with behind-the-scenes chats and interviews with industry insiders. The site features top-rated Spelling Television Productions including Charmed and 7th Heaven, as well as Spelling Entertainment's Any Day Now. Coming soon to AsSeenIn.com will be programs from Dick Clark Productions, Viacom Productions, and Paramount Television.</p><p>CONTACT: AsSeenIn.com</p><pre> Bender/Helper Impact: Shawna Lynch, 310/473-4147, ext. 276 Shawna_lynch@bhimpact.com or Deanne Arritt Traut, 310/473-4147, ext. 256 Deanne_traut@bhimpact.com or Amazon.com Sharon Greenspan, 206/266-7180 or Golin/Harris International Richele Craveiro, 415/808-9828</pre>
Customers Can Now Shop At Amazon.com Via the New Wireless Pocket PC; New Devices Can be Purchased At Amazon.com's Electronics Store
/news/news-details/2000/Customers-Can-Now-Shop-At-Amazon.com-Via-the-New-Wireless-Pocket-PC-New-Devices-Can-be-Purchased-At-Amazon.coms-Electronics-Store/default.aspx
Customers-Can-Now-Shop-At-Amazon.com-Via-the-New-Wireless-Pocket-PC-New-Devices-Can-be-Purchased-At-Amazon.coms-Electronics-Store
4,197
04/19/2000 00:00:00
Customers Can Now Shop At Amazon.com Via the New Wireless Pocket PC; New Devices Can be Purchased At Amazon.com's Electronics Store
04/19/2000
2000
SEATTLE and REDMOND, Wash.--(BUSINESS WIRE)--April 19, 2000--Leading online retailer Amazon.com (www.amazon.com) in conjunction with Amazon Anywhere announced today that customers can shop at Amazon.com via the new Pocket PC through Pocket Internet Explorer at www.amazon.com/pocketpc. In addition, customers can buy or place pre-orders, while supplies last, on Pocket PC devices from Casio, Compaq, and Hewlett-Packard in the Amazon.com Electronics store. "We want to provide customers with the convenience of shopping at Amazon.com through a variety of mobile devices, helping them to find and discover anything they may want to buy online," said Joe Galli, Amazon.com's president and COO. "The Pocket PC puts the power of the PC in your pocket, providing mobile individuals with the ability to shop at Amazon.com from anywhere at any time. There is tremendous potential for a more robust mobile shopping experience at Amazon.com via the Pocket PC, including digital music, software, and book downloads." Windows-powered Pocket PCs, the next generation PDAs from Microsoft and its partners, give customers the freedom to manage their work and life anytime, anywhere. Pocket PCs provide pocket versions of popular desktop applications, including Microsoft Outlook, Microsoft Word, Microsoft Excel, and Internet Explorer. Customers can easily access the Web using Pocket Internet Explorer, allowing them to shop securely, check stock quotes, check e-mail, and more. Customers also have the ability to download e-books with Microsoft Reader and access digital music, audio, and video with Microsoft Windows Media Player. By using any Pocket PC device, customers can shop online at Amazon.com by entering the URL www.amazon.com/pocketpc in the Pocket Internet Explorer address bar and clicking Go. Registered Amazon.com customers are ready to purchase more than 18 million products with 1-Click, including music, DVDs, videos, books, toys, video games, software, tools, hardware, lawn and patio items, and consumer electronics. Customers can open new accounts with Amazon.com directly from their Pocket PC and start shopping from anywhere at any time. Customers can also search for specific products, compare prices, or check on pending orders. Beginning today in Amazon.com's Electronics store (www.amazon.com/electronics), shoppers can buy the HP Jornada 545 ($499.99) and the Casio Cassiopeia E-115 ($599.99) and place pre-orders for the Compaq iPAQ H3650 ($499.99) and the Compaq Aero 1550 ($299.99). Customers can also choose from a wide variety of Pocket PC accessories. To help customers choose from the selection of Pocket PCs and accessories, Amazon.com Electronics provides detailed buying guides, expert product reviews, and multiple product images. Combined with candid comments and ratings from people who have bought and used the products, these make it easy for shoppers to choose the right products for their needs. About Amazon Anywhere Launched as a business division of Amazon.com in October 1999, Amazon Anywhere is a leader in mobile e-commerce, providing customers with access to Earth's Biggest Selection on Amazon.com from hand-held wireless Internet devices. Amazon Anywhere is available on Internet-ready phones, the Palm VII, and other PDA devices via our open URL www.amazon.com/pocketpc. Service and handset providers that feature mobile shopping for their customers include Bell Mobility, Nextel, Nokia, Motorola, Bell Atlantic, Airtouch, and Sprint PCS. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through hand-held wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com; and eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999. CONTACT: Amazon.com Sharon Greenspan, 206/266-7180
<p>SEATTLE and REDMOND, Wash.--(BUSINESS WIRE)--April 19, 2000--Leading online retailer Amazon.com (www.amazon.com) in conjunction with Amazon Anywhere announced today that customers can shop at Amazon.com via the new Pocket PC through Pocket Internet Explorer at www.amazon.com/pocketpc.</p><p>In addition, customers can buy or place pre-orders, while supplies last, on Pocket PC devices from Casio, Compaq, and Hewlett-Packard in the Amazon.com Electronics store.</p><p>"We want to provide customers with the convenience of shopping at Amazon.com through a variety of mobile devices, helping them to find and discover anything they may want to buy online," said Joe Galli, Amazon.com's president and COO. "The Pocket PC puts the power of the PC in your pocket, providing mobile individuals with the ability to shop at Amazon.com from anywhere at any time. There is tremendous potential for a more robust mobile shopping experience at Amazon.com via the Pocket PC, including digital music, software, and book downloads."</p><p>Windows-powered Pocket PCs, the next generation PDAs from Microsoft and its partners, give customers the freedom to manage their work and life anytime, anywhere. Pocket PCs provide pocket versions of popular desktop applications, including Microsoft Outlook, Microsoft Word, Microsoft Excel, and Internet Explorer. Customers can easily access the Web using Pocket Internet Explorer, allowing them to shop securely, check stock quotes, check e-mail, and more. Customers also have the ability to download e-books with Microsoft Reader and access digital music, audio, and video with Microsoft Windows Media Player.</p><p>By using any Pocket PC device, customers can shop online at Amazon.com by entering the URL www.amazon.com/pocketpc in the Pocket Internet Explorer address bar and clicking Go. Registered Amazon.com customers are ready to purchase more than 18 million products with 1-Click, including music, DVDs, videos, books, toys, video games, software, tools, hardware, lawn and patio items, and consumer electronics. Customers can open new accounts with Amazon.com directly from their Pocket PC and start shopping from anywhere at any time. Customers can also search for specific products, compare prices, or check on pending orders.</p><p>Beginning today in Amazon.com's Electronics store (www.amazon.com/electronics), shoppers can buy the HP Jornada 545 ($499.99) and the Casio Cassiopeia E-115 ($599.99) and place pre-orders for the Compaq iPAQ H3650 ($499.99) and the Compaq Aero 1550 ($299.99). Customers can also choose from a wide variety of Pocket PC accessories.</p><p>To help customers choose from the selection of Pocket PCs and accessories, Amazon.com Electronics provides detailed buying guides, expert product reviews, and multiple product images. Combined with candid comments and ratings from people who have bought and used the products, these make it easy for shoppers to choose the right products for their needs.</p><p>About Amazon Anywhere</p><p>Launched as a business division of Amazon.com in October 1999, Amazon Anywhere is a leader in mobile e-commerce, providing customers with access to Earth's Biggest Selection on Amazon.com from hand-held wireless Internet devices. Amazon Anywhere is available on Internet-ready phones, the Palm VII, and other PDA devices via our open URL www.amazon.com/pocketpc. Service and handset providers that feature mobile shopping for their customers include Bell Mobility, Nextel, Nokia, Motorola, Bell Atlantic, Airtouch, and Sprint PCS.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through hand-held wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com; and eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.</p><p>CONTACT: Amazon.com</p><p>Sharon Greenspan, 206/266-7180</p>
Amazon.com Announces Investment in WineShopper.com
/news/news-details/2000/Amazon.com-Announces-Investment-in-WineShopper.com/default.aspx
Amazon.com-Announces-Investment-in-WineShopper.com
4,198
04/18/2000 00:00:00
Amazon.com Announces Investment in WineShopper.com
04/18/2000
2000
SEATTLE--(BUSINESS WIRE)--April 18, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) today announced its investment in WineShopper.com, the San Francisco- and Napa-based Internet start up that will ultimately offer consumers access to the largest selection of wines available anywhere. Amazon.com invested $30 million in 1999. WineShopper.com's site (www.wineshopper.com) launched today and is currently serving customers in California only. The company plans to roll out on a state-by-state basis, with the goal of serving between 70 and 80 percent of the U.S. market by the 2000 holiday season. "Amazon.com strives to be the e-commerce destination where consumers can find and discover anything they want to buy online," said Jeff Bezos, Amazon.com founder and CEO. "One of the ways we can achieve this is by joining with companies like WineShopper.com, who are determined to provide the best possible customer experience." "Today marks a major milestone for our company and we are proud to be partnering with Amazon.com, the world's leading online retailer, as we leverage the Internet's power to bring customers an exceptional wine buying experience," said Peter Sisson, WineShopper.com founder and CEO. "The Internet represents a tremendous opportunity to effectively serve the $100 billion global wine market -- it allows us to turn a buying experience that is information-deficient and intimidating in the physical world into a very information rich, satisfying shopping experience." WineShopper.com has exclusive content partnerships with Wine Spectator, WineToday.com, The New York Times on the Web, and Boston.com (all part of Times Company Digital), Wine & Spirits, Food & Wine, and Connoisseurs' Guide to California Wine. Site visitors will be able to access reviews, ratings and editorial material from these and other leading content partners. R. Michael Mondavi, president and CEO of Robert Mondavi (MOND) and one of the industry's most respected leaders, sits on the company's Board of Directors. More than 550 wineries, importers and suppliers, and 250 wholesalers in 45 states representing about 85 percent of the U.S. population, have agreed to participate in the WineShopper system. The WineShopper.com model has received documented acknowledgement from regulatory authorities in the majority of states, and will not open for business in a state until after this process has taken place. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices using the Wireless Application Protocol, at www.amazon.com/phone/ and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com; and eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999. CONTACT: Amazon.com Kristin Schaefer, 206/266-7180 or WineShopper.com Suzanne Gannon, 415/348-4225
<p>SEATTLE--(BUSINESS WIRE)--April 18, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) today announced its investment in WineShopper.com, the San Francisco- and Napa-based Internet start up that will ultimately offer consumers access to the largest selection of wines available anywhere. Amazon.com invested $30 million in 1999.</p><p>WineShopper.com's site (www.wineshopper.com) launched today and is currently serving customers in California only. The company plans to roll out on a state-by-state basis, with the goal of serving between 70 and 80 percent of the U.S. market by the 2000 holiday season.</p><p>"Amazon.com strives to be the e-commerce destination where consumers can find and discover anything they want to buy online," said Jeff Bezos, Amazon.com founder and CEO. "One of the ways we can achieve this is by joining with companies like WineShopper.com, who are determined to provide the best possible customer experience."</p><p>"Today marks a major milestone for our company and we are proud to be partnering with Amazon.com, the world's leading online retailer, as we leverage the Internet's power to bring customers an exceptional wine buying experience," said Peter Sisson, WineShopper.com founder and CEO. "The Internet represents a tremendous opportunity to effectively serve the $100 billion global wine market -- it allows us to turn a buying experience that is information-deficient and intimidating in the physical world into a very information rich, satisfying shopping experience."</p><p>WineShopper.com has exclusive content partnerships with Wine Spectator, WineToday.com, The New York Times on the Web, and Boston.com (all part of Times Company Digital), Wine &amp; Spirits, Food &amp; Wine, and Connoisseurs' Guide to California Wine. Site visitors will be able to access reviews, ratings and editorial material from these and other leading content partners.</p><p>R. Michael Mondavi, president and CEO of Robert Mondavi (MOND) and one of the industry's most respected leaders, sits on the company's Board of Directors.</p><p>More than 550 wineries, importers and suppliers, and 250 wholesalers in 45 states representing about 85 percent of the U.S. population, have agreed to participate in the WineShopper system. The WineShopper.com model has received documented acknowledgement from regulatory authorities in the majority of states, and will not open for business in a state until after this process has taken place.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices using the Wireless Application Protocol, at www.amazon.com/phone/ and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com; and eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.</p><p>CONTACT: Amazon.com</p><pre> Kristin Schaefer, 206/266-7180 or WineShopper.com Suzanne Gannon, 415/348-4225</pre>
Amazon.com Launches New Health and Beauty Store
/news/news-details/2000/Amazon.com-Launches-New-Health-and-Beauty-Store/default.aspx
Amazon.com-Launches-New-Health-and-Beauty-Store
4,199
04/17/2000 00:00:00
Amazon.com Launches New Health and Beauty Store
04/17/2000
2000
Provides Amazon.com Customers With Convenient, One-stop Access to drugstore.com Health and Beauty Products, Information, and Services Leading online retailer Amazon.com (Nasdaq:AMZN) today launched its new Health & Beauty store, providing a direct gateway to drugstore.com (Nasdaq:DSCM). Today's news follows the January 24, 2000 joint announcement that the companies had entered into a strategic alliance to create an integrated Health & Beauty tab, located on the Amazon.com Web site. "We are always looking for ways to improve the Amazon.com shopping experience. We want our customers to come to us to find anything and everything that they might want to buy online," said Jeff Bezos, founder and CEO of Amazon.com. "This new store provides our 17 million customers with a convenient link to a wealth of health and beauty products, information, and services from drugstore.com." Now when shoppers go to the Amazon.com home page, they can click the Health & Beauty tab and enter the drugstore.com online storefront. This one-stop shopping means convenient access to drugstore.com's more than 20,000 health and beauty products, useful content and buying guides, and full-service pharmacy. Amazon.com shoppers can navigate throughout the drugstore.com site with an ever-present "Return to Amazon.com" link to send them rapidly and easily back to the Amazon.com home page. drugstore.com is the first Amazon.com partner to be featured as an integrated part of Amazon.com's navigational structure. "Today's launch of the Health & Beauty store on Amazon.com is a big win for our customers," said Peter Neupert, president and CEO of drugstore.com. "By opening our store on the Amazon.com site, we're making it easier and more convenient for customers to shop for health and beauty products while they're shopping at Amazon.com." About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through hand-held wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com; and eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999. About drugstore.com drugstore.com(TM) (Nasdaq:DSCM) is a leading online drugstore and information site offering A Very Healthy Way to Shop(TM) for health, beauty, wellness, personal care, and pharmacy products. drugstore.com provides a convenient, private, and informative shopping experience that encourages consumers to purchase products essential to healthy, everyday living. drugstore.com offers thousands of brand-name personal health care products at competitive prices; a full-service, licensed mail pharmacy; and a wealth of health-related information, buying guides, and other tools designed to help consumers make informed purchasing decisions. Consumers can personalize their shopping experiences with shopping lists, e-mail reminders for replenishing regularly-used products, and private e-mail access to pharmacists and beauty experts for questions. drugstore.com has been awarded the Verified Internet Pharmacy Practice Sites (VIPPS) certification by the National Association of Boards of Pharmacy (NABP) as a fully licensed facility exercising the best safe pharmacy practices in compliance with federal and state laws and regulations. drugstore.com has also been rated the top health category site by Forrester PowerRankings, which provides objective rankings of the leading e-commerce sites. The company recently acquired Beauty.com, a leading site offering prestige cosmetic products and, in addition to Amazon.com, also has strategic relationships with Rite Aid Corporation (NYSE, PSE:RAD) and General Nutrition Companies. drugstore.com and A Very Health Way to Shop are trademarks of drugstore.com, inc.
<p>Provides Amazon.com Customers With Convenient, One-stop Access to drugstore.com Health and Beauty Products, Information, and Services</p><p>Leading online retailer Amazon.com (Nasdaq:AMZN) today launched its new Health &amp; Beauty store, providing a direct gateway to drugstore.com (Nasdaq:DSCM).</p><p>Today's news follows the January 24, 2000 joint announcement that the companies had entered into a strategic alliance to create an integrated Health &amp; Beauty tab, located on the Amazon.com Web site.</p><p>"We are always looking for ways to improve the Amazon.com shopping experience. We want our customers to come to us to find anything and everything that they might want to buy online," said Jeff Bezos, founder and CEO of Amazon.com. "This new store provides our 17 million customers with a convenient link to a wealth of health and beauty products, information, and services from drugstore.com."</p><p>Now when shoppers go to the Amazon.com home page, they can click the Health &amp; Beauty tab and enter the drugstore.com online storefront. This one-stop shopping means convenient access to drugstore.com's more than 20,000 health and beauty products, useful content and buying guides, and full-service pharmacy. Amazon.com shoppers can navigate throughout the drugstore.com site with an ever-present "Return to Amazon.com" link to send them rapidly and easily back to the Amazon.com home page. drugstore.com is the first Amazon.com partner to be featured as an integrated part of Amazon.com's navigational structure.</p><p>"Today's launch of the Health &amp; Beauty store on Amazon.com is a big win for our customers," said Peter Neupert, president and CEO of drugstore.com. "By opening our store on the Amazon.com site, we're making it easier and more convenient for customers to shop for health and beauty products while they're shopping at Amazon.com."</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through hand-held wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com; and eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.</p><p>About drugstore.com</p><p>drugstore.com(TM) (Nasdaq:DSCM) is a leading online drugstore and information site offering A Very Healthy Way to Shop(TM) for health, beauty, wellness, personal care, and pharmacy products. drugstore.com provides a convenient, private, and informative shopping experience that encourages consumers to purchase products essential to healthy, everyday living. drugstore.com offers thousands of brand-name personal health care products at competitive prices; a full-service, licensed mail pharmacy; and a wealth of health-related information, buying guides, and other tools designed to help consumers make informed purchasing decisions. Consumers can personalize their shopping experiences with shopping lists, e-mail reminders for replenishing regularly-used products, and private e-mail access to pharmacists and beauty experts for questions.</p><p>drugstore.com has been awarded the Verified Internet Pharmacy Practice Sites (VIPPS) certification by the National Association of Boards of Pharmacy (NABP) as a fully licensed facility exercising the best safe pharmacy practices in compliance with federal and state laws and regulations. drugstore.com has also been rated the top health category site by Forrester PowerRankings, which provides objective rankings of the leading e-commerce sites.</p><p>The company recently acquired Beauty.com, a leading site offering prestige cosmetic products and, in addition to Amazon.com, also has strategic relationships with Rite Aid Corporation (NYSE, PSE:RAD) and General Nutrition Companies.</p><p>drugstore.com and A Very Health Way to Shop are trademarks of drugstore.com, inc.</p>
Amazon.com Engages Greyhound Technologies to Evaluate Strategic Supply Chain Options
/news/news-details/2000/Amazon.com-Engages-Greyhound-Technologies-to-Evaluate-Strategic-Supply-Chain-Options/default.aspx
Amazon.com-Engages-Greyhound-Technologies-to-Evaluate-Strategic-Supply-Chain-Options
4,200
04/14/2000 00:00:00
Amazon.com Engages Greyhound Technologies to Evaluate Strategic Supply Chain Options
04/14/2000
2000
Leading online retailer Amazon.com has engaged Greyhound Technologies to provide analysis for the design of its Global Logistics Strategy. This engagement is a follow-on to recent work that Greyhound did for Amazon.com in assessing domestic and international strategic opportunities. Oliver Scutt, VP of Business Development at Greyhound Technologies Inc. made the announcement. Bill Transue, Director of Global Transportation and Operations Optimization at Amazon.com, said: "Greyhound Technologies and their Supply Chain Explorer software provide the capability of analyzing a multitude of supply chain options to help us design and implement a world-class logistics platform for the benefit of our global customers. Our partnership with Greyhound Technologies on this project helps us serve our customers even better through best-in-class logistics design software and analysis." Oliver Scutt added, "We are very pleased to be a part of this important and strategic work. Supply chain design at online businesses is particularly challenging because the past is not a reliable guide to the future. Our Supply Chain Explorer software allows businesses to design their supply chains while accounting for both current and expected future cost structures and utilization. Amazon.com also needed the ability to make decisions in 'internet-time'." About Greyhound Technologies Inc. Greyhound Technologies, headquartered in Seattle, Washington, is a leading provider of Strategic Supply Chain Design software and services, and is privately held. Supply Chain Explorer(TM) is the first of a new breed of strategic decision support software to help companies translate business objectives into supply chain designs and understand the implications of different policy, investment and supply/demand scenarios on their future business performance. The software allows businesses to identify the potential of their supply chain and help focus on making the right investment, outsourcing or improvement activities. Its comprehensive approach considers business objectives, market and growth aspirations, planned improvement initiatives, facility configuration and automation options. The software fully considers forecast volume, uncertainty/variability effects and differentiated service impact on resource positioning and sizing, cost-to-serve and profitability. With these insights, clients are better able to manage their product-market offerings, pricing, supply chain flows, assets and supply base relationships. For more information about Greyhound Technologies and its products, please visit the company website at www.grey-tech.com or call 206/933-1378. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Trademarks Supply Chain Explorer is a registered trademark of Greyhound Technologies Corporation. Other names may be trademarks or registered trademarks of their respective owners. CONTACT: Greyhound Technologies Inc. Oliver Scutt, 206/933-1378 owscutt@grey-tech.com
<p>Leading online retailer Amazon.com has engaged Greyhound Technologies to provide analysis for the design of its Global Logistics Strategy.</p><p>This engagement is a follow-on to recent work that Greyhound did for Amazon.com in assessing domestic and international strategic opportunities.</p><p>Oliver Scutt, VP of Business Development at Greyhound Technologies Inc. made the announcement.</p><p>Bill Transue, Director of Global Transportation and Operations Optimization at Amazon.com, said: "Greyhound Technologies and their Supply Chain Explorer software provide the capability of analyzing a multitude of supply chain options to help us design and implement a world-class logistics platform for the benefit of our global customers. Our partnership with Greyhound Technologies on this project helps us serve our customers even better through best-in-class logistics design software and analysis."</p><p>Oliver Scutt added, "We are very pleased to be a part of this important and strategic work. Supply chain design at online businesses is particularly challenging because the past is not a reliable guide to the future. Our Supply Chain Explorer software allows businesses to design their supply chains while accounting for both current and expected future cost structures and utilization. Amazon.com also needed the ability to make decisions in 'internet-time'."</p><p>About Greyhound Technologies Inc.</p><p>Greyhound Technologies, headquartered in Seattle, Washington, is a leading provider of Strategic Supply Chain Design software and services, and is privately held.</p><p>Supply Chain Explorer(TM) is the first of a new breed of strategic decision support software to help companies translate business objectives into supply chain designs and understand the implications of different policy, investment and supply/demand scenarios on their future business performance.</p><p>The software allows businesses to identify the potential of their supply chain and help focus on making the right investment, outsourcing or improvement activities. Its comprehensive approach considers business objectives, market and growth aspirations, planned improvement initiatives, facility configuration and automation options. The software fully considers forecast volume, uncertainty/variability effects and differentiated service impact on resource positioning and sizing, cost-to-serve and profitability. With these insights, clients are better able to manage their product-market offerings, pricing, supply chain flows, assets and supply base relationships.</p><p>For more information about Greyhound Technologies and its products, please visit the company website at www.grey-tech.com or call 206/933-1378.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Trademarks</p><p>Supply Chain Explorer is a registered trademark of Greyhound Technologies Corporation. Other names may be trademarks or registered trademarks of their respective owners.</p><p>CONTACT: Greyhound Technologies Inc.</p><p>Oliver Scutt, 206/933-1378</p><p>owscutt@grey-tech.com</p>
Amazon.com Launches New Lawn & Patio Store in Time for Spring; Eliminates Shopping Hassle for Customers Who Can Now Spend More Time Enjoying the Outdoors
/news/news-details/2000/Amazon.com-Launches-New-Lawn--Patio-Store-in-Time-for-Spring-Eliminates-Shopping-Hassle-for-Customers-Who-Can-Now-Spend-More-Time-Enjoying-the-Outdoors/default.aspx
Amazon.com-Launches-New-Lawn--Patio-Store-in-Time-for-Spring-Eliminates-Shopping-Hassle-for-Customers-Who-Can-Now-Spend-More-Time-Enjoying-the-Outdoors
4,201
04/05/2000 00:00:00
Amazon.com Launches New Lawn & Patio Store in Time for Spring; Eliminates Shopping Hassle for Customers Who Can Now Spend More Time Enjoying the Outdoors
04/05/2000
2000
SEATTLE--April 5, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) today launched a new Lawn & Patio store, with thousands of popular and hard-to-find products for lawn and patio decoration, care, and enjoyment. The store (www.amazon.com/lawnandpatio) features an extensive selection of outdoor grills, patio furniture, birdfeeders, lawn mowers, garden tools and decorative ornaments from more than 50 leading brands, including Weber, Fiskars, Rubbermaid, Rain Bird, Melnor/Gardena, Gilmour, Ryobi, Echo, Weed Eater, Corona and Miracle-Gro. "Shopping at the Amazon.com Lawn & Patio store is convenient because we carry a vast selection of the many brands that consumers want," said Joe Galli, Amazon.com president and COO. "Shoppers can now spend more time outdoors doing the things they enjoy and less time fighting store crowds for their lawn and patio needs." At the Amazon.com Lawn & Patio store, customers can browse through 13 comprehensive categories: birds and wildlife, clothing and gear, decoration and lighting, furniture, outdoor cooking, ponds and structures, pots and planters, power equipment, seeds and fertilizer, storage and cleanup, tools, watering, and weed and pest control. Customers will easily find copper-roofed birdfeeders, cedar arbors, a full line of Weber gas and charcoal grills, as well as lawn mowers and outdoor power equipment to fit their exact need and budget. The Lawn & Patio store offers the same helpful information and expertise as other Amazon.com stores: comprehensive product buying guides, candid testimonials and ratings from customers who have bought and used the products, expert reviews, high-quality product images and other vital product information. Search engines and easy-to-navigate categories make it easy for shoppers to find the product they are looking for. In addition, useful links placed strategically on product pages help customers discover related merchandise such as books, videos, software, or accessories. Top sellers for the store and for each browse category are also listed to assist in the customer's search for the right product. Shipping is only $4.95 per order, whether it is a 500-pound lawn tractor or a large number of small items. Returns are simple and easy so customers can buy with confidence. Customers with larger items to return can contact customer service for free pickup. Do-it-yourselfers can still find, discover and buy a wide selection of tools and equipment at Amazon.com Tools & Hardware (formerly Home Improvement). Customers can also choose from a variety of home, lawn, garden, and patio products at Amazon.com Auctions and zShops. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices using the Wireless Application Protocol, at www.amazon.com/phone/ and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com; and eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.
<p>SEATTLE--April 5, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) today launched a new Lawn &amp; Patio store, with thousands of popular and hard-to-find products for lawn and patio decoration, care, and enjoyment.</p><p>The store (www.amazon.com/lawnandpatio) features an extensive selection of outdoor grills, patio furniture, birdfeeders, lawn mowers, garden tools and decorative ornaments from more than 50 leading brands, including Weber, Fiskars, Rubbermaid, Rain Bird, Melnor/Gardena, Gilmour, Ryobi, Echo, Weed Eater, Corona and Miracle-Gro.</p><p>"Shopping at the Amazon.com Lawn &amp; Patio store is convenient because we carry a vast selection of the many brands that consumers want," said Joe Galli, Amazon.com president and COO. "Shoppers can now spend more time outdoors doing the things they enjoy and less time fighting store crowds for their lawn and patio needs."</p><p>At the Amazon.com Lawn &amp; Patio store, customers can browse through 13 comprehensive categories: birds and wildlife, clothing and gear, decoration and lighting, furniture, outdoor cooking, ponds and structures, pots and planters, power equipment, seeds and fertilizer, storage and cleanup, tools, watering, and weed and pest control. Customers will easily find copper-roofed birdfeeders, cedar arbors, a full line of Weber gas and charcoal grills, as well as lawn mowers and outdoor power equipment to fit their exact need and budget.</p><p>The Lawn &amp; Patio store offers the same helpful information and expertise as other Amazon.com stores: comprehensive product buying guides, candid testimonials and ratings from customers who have bought and used the products, expert reviews, high-quality product images and other vital product information.</p><p>Search engines and easy-to-navigate categories make it easy for shoppers to find the product they are looking for. In addition, useful links placed strategically on product pages help customers discover related merchandise such as books, videos, software, or accessories. Top sellers for the store and for each browse category are also listed to assist in the customer's search for the right product.</p><p>Shipping is only $4.95 per order, whether it is a 500-pound lawn tractor or a large number of small items. Returns are simple and easy so customers can buy with confidence. Customers with larger items to return can contact customer service for free pickup.</p><p>Do-it-yourselfers can still find, discover and buy a wide selection of tools and equipment at Amazon.com Tools &amp; Hardware (formerly Home Improvement). Customers can also choose from a variety of home, lawn, garden, and patio products at Amazon.com Auctions and zShops.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices using the Wireless Application Protocol, at www.amazon.com/phone/ and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com; and eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com.</p><p>Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999.</p>
Vintage Boxing Photos from the Archive of the New York Daily News To Be Sold on sothebys.amazon.com
/news/news-details/2000/Vintage-Boxing-Photos-from-the-Archive-of-the-New-York-Daily-News-To-Be-Sold-on-sothebys.amazon.com/default.aspx
Vintage-Boxing-Photos-from-the-Archive-of-the-New-York-Daily-News-To-Be-Sold-on-sothebys.amazon.com
4,202
03/31/2000 00:00:00
Vintage Boxing Photos from the Archive of the New York Daily News To Be Sold on sothebys.amazon.com
03/31/2000
2000
NEW YORK--(BW SportsWire)--March 31, 2000-- First Time Photographs from The Daily News Archive Have Ever Been Offered at Auction Original, Vintage Photos Include Boxing Greats Muhammad Ali, Joe Louis, Rubin "Hurricane" Carter, Sugar Ray Robinson and Joe Frazier On March 31st a selection of vintage boxing photographs from The New York Daily News archive will open for bidding at www.sothebys.amazon.com. The sale, which will be available online until April 13th, represents the first time The Daily News has ever offered vintage prints from its historic photographic archive for auction. The first in a series of special Internet sales devoted to original Daily News photos, this remarkable selection contains photographs of some of the greatest fighters of all time including: Joe Louis, Sugar Ray Robinson, Muhammad Ali, Joe Frazier and Rubin "Hurricane" Carter. The Collection of images from the late 1920's through the 1970's is comprised of 70 photographs and could fetch as much as $150,000. The Collection captures some of the most celebrated moments in the history of boxing. "These photographs are some of the most exciting boxing pictures ever made and are particularly notable for their outlined, three-dimensional look -- a result of The Daily News' pioneering use of overhead lighting for boxing matches," commented Sotheby's Photography Specialist David Brown. "Furthermore, they are truly unique, each being the only print made and then used for publication in The Daily News." The photographers represented in the auction are some of the finest in sports photojournalism, including Charles Hoff, Hank Olen and Dan Farrell. Here are a few of the highlights: Charles Hoff, "Sugar Ray Robinson vs. Kid Gavilan, July 12, 1949" -- The Daily News caption on the verso of the print reads, "Ray Robinson makes Kid Gavilan's hair stand on end with a jolting right in retaining welterweight title in '49...News Foto By Charles Hoff; Best in Show and the First Prize Sports Picture of 1949 in the AP Contest." This photograph is estimated at $2,500 to 3,500. Unknown Photographer, "Joe Louis vs. Max Schmeling, June 22, 1938" -- This photo depicts one of the most famous fights of all time, the rematch between American boxer Joe Louis and Max Schmeling from Germany. Schmeling had beaten Louis in 1936, so the 1938 rematch at Yankee Stadium was widely viewed as a metaphor for the tenuous state of foreign affairs -- as a chance for America to stand up to the Nazis on the relative eve of World War II. Louis knocked Schmeling out in the first round. The photograph is estimated at $1,500 to $2,500. John Peodincuk, "Cassius Clay with Black Muslim leader Malcolm X", 1964 -- The Daily News caption reads, "Clay and Malcolm X. 125th Street and 7th Avenue. Shows...Cassius Clay is shown at 125th Street and 7th Avenue. With him is Malcolm X." The newsprint clipping reads, "Cassius Marcellus Clay (left) with Black Muslim leader Malcolm X." This historically significant photograph, obviously taken before Clay had converted to the Muslim faith and changed his name to Muhammad Ali, is estimated at $2,500 to 3,500. Dan Farrell, "Ali and Patterson Fite (sic) at the Garden. 9/20/72", 1972 -- The Daily News caption reads, "Floyd, backpedaling, escapes left hand thrown by Ali." This photo featuring Muhammad Ali's famed title bout vs. Floyd Paterson at Madison Square Garden on September 20, 1972, is estimated at $1,000 to $1,500. About The Daily News Archive: Since its founding in 1919, The New York Daily News has chronicled and photographed all the important events of the city and the day, from entertainment to politics, disasters to celebrations, criminals to heroes. The New York Daily News archive (www.dailynewspix.com) represents an important piece of modern photojournalistic history, and documents the birth of tabloid photography with its reliance on dynamic images meant to grab the attention and imagination of busy city readers. The Daily News has decided to offer their vintage prints to collectors around the world because it has digitized its entire photo collection, with a digital copy of each photo saved in its database. The paper will retain copyright and all reprint rights to its images. Today, The New York Daily News photo archive is the largest searchable online database of photographs in the world. It consists of current color photographs as well as historic images edited from more than six million prints and negatives in the Daily News library. The Daily News photo archive is the best visual history of 20th century New York in existence. Images are available for purchase by commercial customers as well as for personal use. For Further Information, Please Contact the Press Office
<p>NEW YORK--(BW SportsWire)--March 31, 2000--</p><p>First Time Photographs from The Daily News Archive Have Ever Been Offered at Auction</p><p>Original, Vintage Photos Include Boxing Greats Muhammad Ali, Joe Louis, Rubin "Hurricane" Carter, Sugar Ray Robinson and Joe Frazier</p><p>On March 31st a selection of vintage boxing photographs from The New York Daily News archive will open for bidding at www.sothebys.amazon.com.</p><p>The sale, which will be available online until April 13th, represents the first time The Daily News has ever offered vintage prints from its historic photographic archive for auction. The first in a series of special Internet sales devoted to original Daily News photos, this remarkable selection contains photographs of some of the greatest fighters of all time including: Joe Louis, Sugar Ray Robinson, Muhammad Ali, Joe Frazier and Rubin "Hurricane" Carter. The Collection of images from the late 1920's through the 1970's is comprised of 70 photographs and could fetch as much as $150,000.</p><p>The Collection captures some of the most celebrated moments in the history of boxing. "These photographs are some of the most exciting boxing pictures ever made and are particularly notable for their outlined, three-dimensional look -- a result of The Daily News' pioneering use of overhead lighting for boxing matches," commented Sotheby's Photography Specialist David Brown. "Furthermore, they are truly unique, each being the only print made and then used for publication in The Daily News."</p><p>The photographers represented in the auction are some of the finest in sports photojournalism, including Charles Hoff, Hank Olen and Dan Farrell. Here are a few of the highlights:</p><pre>Charles Hoff, "Sugar Ray Robinson vs. Kid Gavilan, July 12, 1949" -- The Daily News caption on the verso of the print reads, "Ray Robinson makes Kid Gavilan's hair stand on end with a jolting right in retaining welterweight title in '49...News Foto By Charles Hoff; Best in Show and the First Prize Sports Picture of 1949 in the AP Contest." This photograph is estimated at $2,500 to 3,500. Unknown Photographer, "Joe Louis vs. Max Schmeling, June 22, 1938" -- This photo depicts one of the most famous fights of all time, the rematch between American boxer Joe Louis and Max Schmeling from Germany. Schmeling had beaten Louis in 1936, so the 1938 rematch at Yankee Stadium was widely viewed as a metaphor for the tenuous state of foreign affairs -- as a chance for America to stand up to the Nazis on the relative eve of World War II. Louis knocked Schmeling out in the first round. The photograph is estimated at $1,500 to $2,500. John Peodincuk, "Cassius Clay with Black Muslim leader Malcolm X", 1964 -- The Daily News caption reads, "Clay and Malcolm X. 125th Street and 7th Avenue. Shows...Cassius Clay is shown at 125th Street and 7th Avenue. With him is Malcolm X." The newsprint clipping reads, "Cassius Marcellus Clay (left) with Black Muslim leader Malcolm X." This historically significant photograph, obviously taken before Clay had converted to the Muslim faith and changed his name to Muhammad Ali, is estimated at $2,500 to 3,500. Dan Farrell, "Ali and Patterson Fite (sic) at the Garden. 9/20/72", 1972 -- The Daily News caption reads, "Floyd, backpedaling, escapes left hand thrown by Ali." This photo featuring Muhammad Ali's famed title bout vs. Floyd Paterson at Madison Square Garden on September 20, 1972, is estimated at $1,000 to $1,500. </pre><p>About The Daily News Archive:</p><p>Since its founding in 1919, The New York Daily News has chronicled and photographed all the important events of the city and the day, from entertainment to politics, disasters to celebrations, criminals to heroes. The New York Daily News archive (www.dailynewspix.com) represents an important piece of modern photojournalistic history, and documents the birth of tabloid photography with its reliance on dynamic images meant to grab the attention and imagination of busy city readers.</p><p>The Daily News has decided to offer their vintage prints to collectors around the world because it has digitized its entire photo collection, with a digital copy of each photo saved in its database. The paper will retain copyright and all reprint rights to its images.</p><p>Today, The New York Daily News photo archive is the largest searchable online database of photographs in the world. It consists of current color photographs as well as historic images edited from more than six million prints and negatives in the Daily News library. The Daily News photo archive is the best visual history of 20th century New York in existence. Images are available for purchase by commercial customers as well as for personal use.</p><p>For Further Information, Please Contact the Press Office</p>
Amazon.com Opens Customer Service Center in The Hague
/news/news-details/2000/Amazon.com-Opens-Customer-Service-Center-in-The-Hague/default.aspx
Amazon.com-Opens-Customer-Service-Center-in-The-Hague
4,203
03/30/2000 00:00:00
Amazon.com Opens Customer Service Center in The Hague
03/30/2000
2000
SEATTLE--(BUSINESS WIRE)--March 30, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) today officially opened its new customer service center in The Hague with a ceremony officiated by Dutch State Secretary for Economic Affairs Gerrit Ybema and Amazon.com's Senior Vice President International, Diego Piacentini. The 103,000-square-foot, state-of-the-art customer service center is in response to Amazon.com's growing global customer base and will serve customers all over Europe who shop at leading European retail sites www.amazon.co.uk and www.amazon.de. The center also will support European customers who shop at www.amazon.com. "Amazon.co.uk, Amazon.de, and Amazon.com are ranked the No. 1, No. 2, and No. 3 most popular online shopping sites in Europe, respectively," said Diego Piacentini, Amazon.com's senior vice president international. "We are grateful that so many European customers prefer us, and we intend to continue our deep commitment to Europe." "This new center reinforces our commitment to customers in Europe," said Bill Price, Amazon.com's vice president of customer service. "It ensures that the growing number of customers in Europe will continue to receive -- in their native languages -- swift and efficient customer service for all their needs. The Hague gives us access to a dedicated, multilingual workforce and strong infrastructure that will help us build Europe's most customer-centric service center." "We are delighted to welcome Amazon.com to The Hague. Their presence in this region cements the Netherland's reputation as a center of excellence in Internet commerce and strengthens the country's ability to provide a first-class business environment," said Gerrit Ybema, Dutch state secretary for economic affairs. "This is also an excellent opportunity for the region's multilingual, high-tech workforce to contribute to a successful, customer-centric company." Located at Juliana van Stolberglaan in The Hague, the customer service center will be open from 7 a.m. to 10 p.m. initially but is expected to be operational 24 hours a day soon after. Amazon.com is in the process of staffing the center with 125 customer service representatives who will answer inquiries by e-mail and phone. Interested applicants should be native speakers with strong writing skills in at least one Western European language such as German, French, Swedish, or Danish. Candidates should also be fluent in English. Qualified applicants should e-mail their resumes to eurojobs@amazon.com. With the addition of the customer service center in The Hague, Amazon.com will have a total of seven such centers: Seattle; Tacoma, Washington; Slough, England; Regensburg, Germany; Grand Forks, North Dakota, and, opening soon, Huntington, West Virginia. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>SEATTLE--(BUSINESS WIRE)--March 30, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) today officially opened its new customer service center in The Hague with a ceremony officiated by Dutch State Secretary for Economic Affairs Gerrit Ybema and Amazon.com's Senior Vice President International, Diego Piacentini.</p><p>The 103,000-square-foot, state-of-the-art customer service center is in response to Amazon.com's growing global customer base and will serve customers all over Europe who shop at leading European retail sites www.amazon.co.uk and www.amazon.de. The center also will support European customers who shop at www.amazon.com.</p><p>"Amazon.co.uk, Amazon.de, and Amazon.com are ranked the No. 1, No. 2, and No. 3 most popular online shopping sites in Europe, respectively," said Diego Piacentini, Amazon.com's senior vice president international. "We are grateful that so many European customers prefer us, and we intend to continue our deep commitment to Europe."</p><p>"This new center reinforces our commitment to customers in Europe," said Bill Price, Amazon.com's vice president of customer service. "It ensures that the growing number of customers in Europe will continue to receive -- in their native languages -- swift and efficient customer service for all their needs. The Hague gives us access to a dedicated, multilingual workforce and strong infrastructure that will help us build Europe's most customer-centric service center."</p><p>"We are delighted to welcome Amazon.com to The Hague. Their presence in this region cements the Netherland's reputation as a center of excellence in Internet commerce and strengthens the country's ability to provide a first-class business environment," said Gerrit Ybema, Dutch state secretary for economic affairs. "This is also an excellent opportunity for the region's multilingual, high-tech workforce to contribute to a successful, customer-centric company."</p><p>Located at Juliana van Stolberglaan in The Hague, the customer service center will be open from 7 a.m. to 10 p.m. initially but is expected to be operational 24 hours a day soon after.</p><p>Amazon.com is in the process of staffing the center with 125 customer service representatives who will answer inquiries by e-mail and phone. Interested applicants should be native speakers with strong writing skills in at least one Western European language such as German, French, Swedish, or Danish. Candidates should also be fluent in English. Qualified applicants should e-mail their resumes to eurojobs@amazon.com.</p><p>With the addition of the customer service center in The Hague, Amazon.com will have a total of seven such centers: Seattle; Tacoma, Washington; Slough, England; Regensburg, Germany; Grand Forks, North Dakota, and, opening soon, Huntington, West Virginia.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Amazon.com and Eziba.com Announce Investment and Strategic Alliance; Leading Online Retailer to Introduce Customers to Handcrafted Goods
/news/news-details/2000/Amazon.com-and-Eziba.com-Announce-Investment-and-Strategic-Alliance-Leading-Online-Retailer-to-Introduce-Customers-to-Handcrafted-Goods/default.aspx
Amazon.com-and-Eziba.com-Announce-Investment-and-Strategic-Alliance-Leading-Online-Retailer-to-Introduce-Customers-to-Handcrafted-Goods
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Amazon.com and Eziba.com Announce Investment and Strategic Alliance; Leading Online Retailer to Introduce Customers to Handcrafted Goods
03/28/2000
2000
SEATTLE and NO. ADAMS, Mass.--(BUSINESS WIRE)--March 28, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) and eZiba.com announced today that Amazon.com has invested $17.5 million in eZiba.com, a leading online retailer of handcrafted products from around the world. Amazon.com will introduce eZiba.com's product offerings to its more than 17 million customers. Named for the Persian word for "beautiful" ("ziba"), eZiba.com (www.eziba.com) is a premier source for world crafts. They offer, exclusively via the Internet, beautiful objects of every kind--home furnishings, apparel, jewelry, and gifts--made by artisans from every corner of the globe. eZiba.com combines a select and constantly changing retail product offering with exclusive-collection auctions and information about the origins of the products it sells. "We are pleased to introduce our customers to eZiba.com's unique and hard-to-find products," said Joe Galli, president and chief operating officer Amazon.com. "eZiba.com's product offering helps expand our product selection, contributing to our ability to provide customers with anything they might want to buy online." "We are delighted to establish this relationship with Amazon.com, the leading e-commerce site," said Dick Sabot, eZiba.com cofounder and chairman of the board. "It allows us to introduce the array of extraordinary goods eZiba.com has to offer to the millions of Amazon.com customers who are confident and enthusiastic about buying online. Perhaps the most exciting aspect of the alliance with Amazon.com is the opportunity to continue our explosive growth by tapping into an entirely new customer base." Upon completion of its investment this past January, Amazon.com owns approximately 20 percent of eZiba.com's outstanding shares, with warrants to acquire additional shares in the company. About eZiba.com eZiba.com launched November 9, 1999, as the premier online catalog and global bazaar, offering an exclusive and constantly changing selection of authentic handcrafted items created by artisans from around the world. The product offering--available through an online catalog and themed auctions--ranges from home furnishings, accessories, and apparel to art and artifacts, gifts, and toys. Blending education, entertainment, and e-commerce, the Web site is designed to inform and inspire the shopper with a presentation rich in cultural context, and with content that conveys the story and the people behind each object. Other investors in eZiba.com in the $70 million round are Rho Management of New York (Compaq, iVillage), New Enterprise Associates of Baltimore (UUNet, Silicon Graphics), and Berkshire Capital Investors (Tripod). eZiba.com is headquartered at MASS MoCA, a museum of contemporary art and high-tech center in North Adams, Massachusetts. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. CONTACT: Amazon.com Sharon Greenspan, 206/266-7180 or eZiba.com James LaForce Karen Peterson LaForce & Stevens 212/242-9353
<p>SEATTLE and NO. ADAMS, Mass.--(BUSINESS WIRE)--March 28, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) and eZiba.com announced today that Amazon.com has invested $17.5 million in eZiba.com, a leading online retailer of handcrafted products from around the world.</p><p>Amazon.com will introduce eZiba.com's product offerings to its more than 17 million customers.</p><p>Named for the Persian word for "beautiful" ("ziba"), eZiba.com (www.eziba.com) is a premier source for world crafts. They offer, exclusively via the Internet, beautiful objects of every kind--home furnishings, apparel, jewelry, and gifts--made by artisans from every corner of the globe. eZiba.com combines a select and constantly changing retail product offering with exclusive-collection auctions and information about the origins of the products it sells.</p><p>"We are pleased to introduce our customers to eZiba.com's unique and hard-to-find products," said Joe Galli, president and chief operating officer Amazon.com. "eZiba.com's product offering helps expand our product selection, contributing to our ability to provide customers with anything they might want to buy online."</p><p>"We are delighted to establish this relationship with Amazon.com, the leading e-commerce site," said Dick Sabot, eZiba.com cofounder and chairman of the board. "It allows us to introduce the array of extraordinary goods eZiba.com has to offer to the millions of Amazon.com customers who are confident and enthusiastic about buying online. Perhaps the most exciting aspect of the alliance with Amazon.com is the opportunity to continue our explosive growth by tapping into an entirely new customer base."</p><p>Upon completion of its investment this past January, Amazon.com owns approximately 20 percent of eZiba.com's outstanding shares, with warrants to acquire additional shares in the company.</p><p>About eZiba.com</p><p>eZiba.com launched November 9, 1999, as the premier online catalog and global bazaar, offering an exclusive and constantly changing selection of authentic handcrafted items created by artisans from around the world. The product offering--available through an online catalog and themed auctions--ranges from home furnishings, accessories, and apparel to art and artifacts, gifts, and toys. Blending education, entertainment, and e-commerce, the Web site is designed to inform and inspire the shopper with a presentation rich in cultural context, and with content that conveys the story and the people behind each object. Other investors in eZiba.com in the $70 million round are Rho Management of New York (Compaq, iVillage), New Enterprise Associates of Baltimore (UUNet, Silicon Graphics), and Berkshire Capital Investors (Tripod). eZiba.com is headquartered at MASS MoCA, a museum of contemporary art and high-tech center in North Adams, Massachusetts.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><pre> CONTACT: Amazon.com Sharon Greenspan, 206/266-7180 or eZiba.com James LaForce Karen Peterson LaForce &amp; Stevens 212/242-9353</pre>
Amazon.com Named Exclusive Retailer for New Internet-enabled Picture Frame Ceiva, Making Amazon.com the Best Place to Find and Discover the Hottest Electronics
/news/news-details/2000/Amazon.com-Named-Exclusive-Retailer-for-New-Internet-enabled-Picture-Frame-Ceiva-Making-Amazon.com-the-Best-Place-to-Find-and-Discover-the-Hottest-Electronics/default.aspx
Amazon.com-Named-Exclusive-Retailer-for-New-Internet-enabled-Picture-Frame-Ceiva-Making-Amazon.com-the-Best-Place-to-Find-and-Discover-the-Hottest-Electronics
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Amazon.com Named Exclusive Retailer for New Internet-enabled Picture Frame Ceiva, Making Amazon.com the Best Place to Find and Discover the Hottest Electronics
03/27/2000
2000
SEATTLE--(BUSINESS WIRE)--March 27, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) today announced that it will be the exclusive retailer -- online or off -- for what promises to be one of the hottest Internet appliances yet -- Ceiva. Ceiva is the first-ever Internet-connected digital picture frame, which enables people to receive photos to a picture frame directly over a phone line. Amazon.com was selected by Ceiva to be the exclusive retailer of its revolutionary product. The Ceiva frame looks and feels like a traditional wooden picture frame, but what it does is anything but traditional. Once activated, it automatically calls the Ceiva service every night and downloads new images sent by friends and family. There's no keyboard, no mouse, and no PC operating system to struggle with -- just a bright, clear color screen displaying up to 10 new photos every morning. Destined to be this year's hottest Mother's Day and Father's Day gift, Ceiva will retail at Amazon.com for $284.99, which includes a free dial-up connection for one year. After a year, the connection is priced at $3 a month. "Our customers have told us that they look to Amazon.com to discover what's new and what's hot in consumer electronics," said Carl Gish, general manager of Amazon.com's Electronics store. "As the exclusive retailer of Ceiva, we give our customers just what they are looking for -- access to the latest and greatest products first." "Because Ceiva is a product that appeals to all types of electronics shoppers, we wanted to team with a retailer that could help us reach a large and diverse group of consumer electronics shoppers," said Paul Yanover, cofounder of The Idea Grove, backer of Ceiva. "With more than 17 million customers, ranging from the enthusiast to the hobbyist, it was quite easy to see that Amazon.com was a perfect match for us." "The Internet element is what makes Ceiva so powerful and appealing, so who better to retail our product than the most customer-centric online retailer in the world, Amazon.com," said Dean Schiller, cofounder of Ceiva Logic. "The net appliance category is rapidly becoming a competitive space, but we are proud to say that Ceiva is the first of its kind and the first to market." Industry analysts and manufacturers consistently recognize Amazon.com Electronics as the best consumer electronics site. Gomez Advisors (in their Spring 2000 Scorecard) gave Amazon.com the nod again this quarter as "the number one consumer electronics site overall." Additionally, manufacturers such as Ceiva and ReplayTV --which gave Amazon.com the exclusive retail rights at launch --reinforce that Amazon.com is an ideal place to introduce new products. Amazon.com Electronics features a full range of popular electronics products and brands: everything from the latest digital camcorders to computer peripherals to televisions. To help customers choose from this large selection, Amazon.com Electronics provides detailed buying guides and expert product reviews. These, combined with reviews and ratings from customers who have bought and used the products, make it easy for shoppers to choose the right products for their needs. Ceiva at a Glance Ceiva operates by simply plugging an electrical cord and phone line into a socket and phone jack. To activate Ceiva, an online account is set up with a user name, password, and a buddy list that tells Ceiva from whom it can receive digital images. Authorized senders can then upload their photos from a PC to Ceiva's Web site, and each night the receiving frame automatically checks for images, and downloads any new ones. Magically the picture frame comes to life, featuring 10 images from family and loved ones near and far. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. About Ceiva Logic Ceiva Logic is a Los Angeles-based company founded in August 1999, with Ceiva being its first product. Its mission is to produce and market both the Ceiva digital picture frame as well as its associated services. This will include the development of new products that are aimed at enhancing the digital photography experience. Ceiva Logic's partner is The Yucaipa Companies, which recently expanded its Internet and technology portfolio to include the entertainment and e-commerce site CheckOut.com (www.CheckOut.com), traditional and digital media distributor, Alliance Entertainment and Scour.net, with equity stakes in Talk City, the Web's leading chat community and GameSpy Industries, creators of innovative entertainment sites GameSpy.com and MP3Spy.com. CONTACT: Amazon.com Lizzie Allen, 206/266-7180 or Ceiva Logic Kristen Wareham, 323/933-3399
<p>SEATTLE--(BUSINESS WIRE)--March 27, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) today announced that it will be the exclusive retailer -- online or off -- for what promises to be one of the hottest Internet appliances yet -- Ceiva.</p><p>Ceiva is the first-ever Internet-connected digital picture frame, which enables people to receive photos to a picture frame directly over a phone line. Amazon.com was selected by Ceiva to be the exclusive retailer of its revolutionary product.</p><p>The Ceiva frame looks and feels like a traditional wooden picture frame, but what it does is anything but traditional. Once activated, it automatically calls the Ceiva service every night and downloads new images sent by friends and family. There's no keyboard, no mouse, and no PC operating system to struggle with -- just a bright, clear color screen displaying up to 10 new photos every morning. Destined to be this year's hottest Mother's Day and Father's Day gift, Ceiva will retail at Amazon.com for $284.99, which includes a free dial-up connection for one year. After a year, the connection is priced at $3 a month.</p><p>"Our customers have told us that they look to Amazon.com to discover what's new and what's hot in consumer electronics," said Carl Gish, general manager of Amazon.com's Electronics store. "As the exclusive retailer of Ceiva, we give our customers just what they are looking for -- access to the latest and greatest products first."</p><p>"Because Ceiva is a product that appeals to all types of electronics shoppers, we wanted to team with a retailer that could help us reach a large and diverse group of consumer electronics shoppers," said Paul Yanover, cofounder of The Idea Grove, backer of Ceiva. "With more than 17 million customers, ranging from the enthusiast to the hobbyist, it was quite easy to see that Amazon.com was a perfect match for us."</p><p>"The Internet element is what makes Ceiva so powerful and appealing, so who better to retail our product than the most customer-centric online retailer in the world, Amazon.com," said Dean Schiller, cofounder of Ceiva Logic. "The net appliance category is rapidly becoming a competitive space, but we are proud to say that Ceiva is the first of its kind and the first to market."</p><p>Industry analysts and manufacturers consistently recognize Amazon.com Electronics as the best consumer electronics site. Gomez Advisors (in their Spring 2000 Scorecard) gave Amazon.com the nod again this quarter as "the number one consumer electronics site overall." Additionally, manufacturers such as Ceiva and ReplayTV --which gave Amazon.com the exclusive retail rights at launch --reinforce that Amazon.com is an ideal place to introduce new products.</p><p>Amazon.com Electronics features a full range of popular electronics products and brands: everything from the latest digital camcorders to computer peripherals to televisions. To help customers choose from this large selection, Amazon.com Electronics provides detailed buying guides and expert product reviews. These, combined with reviews and ratings from customers who have bought and used the products, make it easy for shoppers to choose the right products for their needs.</p><p>Ceiva at a Glance</p><p>Ceiva operates by simply plugging an electrical cord and phone line into a socket and phone jack. To activate Ceiva, an online account is set up with a user name, password, and a buddy list that tells Ceiva from whom it can receive digital images. Authorized senders can then upload their photos from a PC to Ceiva's Web site, and each night the receiving frame automatically checks for images, and downloads any new ones. Magically the picture frame comes to life, featuring 10 images from family and loved ones near and far.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><p>About Ceiva Logic</p><p>Ceiva Logic is a Los Angeles-based company founded in August 1999, with Ceiva being its first product. Its mission is to produce and market both the Ceiva digital picture frame as well as its associated services. This will include the development of new products that are aimed at enhancing the digital photography experience. Ceiva Logic's partner is The Yucaipa Companies, which recently expanded its Internet and technology portfolio to include the entertainment and e-commerce site CheckOut.com (www.CheckOut.com), traditional and digital media distributor, Alliance Entertainment and Scour.net, with equity stakes in Talk City, the Web's leading chat community and GameSpy Industries, creators of innovative entertainment sites GameSpy.com and MP3Spy.com.</p><pre> CONTACT: Amazon.com Lizzie Allen, 206/266-7180 or Ceiva Logic Kristen Wareham, 323/933-3399</pre>
The Internet Movie Database and Amazon.com Advantage Celebrate Independent Film with the Launch of a New IMDb.com Independent Film Section
/news/news-details/2000/The-Internet-Movie-Database-and-Amazon.com-Advantage-Celebrate-Independent-Film-with-the-Launch-of-a-New-IMDb.com-Independent-Film-Section/default.aspx
The-Internet-Movie-Database-and-Amazon.com-Advantage-Celebrate-Independent-Film-with-the-Launch-of-a-New-IMDb.com-Independent-Film-Section
4,206
03/22/2000 00:00:00
The Internet Movie Database and Amazon.com Advantage Celebrate Independent Film with the Launch of a New IMDb.com Independent Film Section
03/22/2000
2000
( EW)(WA-AMAZON.COM)(AMZN) The Internet Movie Database and Amazon.com Advantage Celebrate Independent Film with the Launch of a New IMDb.com Independent Film Section SEATTLE--(ENTERTAINMENT WIRE)--March 22, 2000--Amazon.com's (Nasdaq:AMZN) Internet Movie Database (IMDb.com), the Web's authoritative source of information about movies, and Amazon.com Advantage, a program designed to help independent filmmakers and video producers sell their work, announced an IMDb Independent Film section today at the first annual Yahoo! Internet Life Online Film Festival. The new feature is located at http://indie.imdb.com/ The new IMDb.com Independent Film section features broad independent movie coverage, currently offering in-depth searching capabilities for more than 20,000 independent titles. The section will include news on the latest indie films, background information on a featured "movie of the week," lists of the top-selling independent films and soundtracks, articles, production notes, discussion boards, details of future film festivals, and interviews with established and up-and-coming filmmakers. "We always listen closely to what our users want, and there is significant interest in the independent arena," said Col Needham, founder and managing director of the Internet Movie Database. "With the launch of the IMDb Independent Film section, movie fans now have access to a broad range of easy-to-use resources for indie films." In addition to movie lovers, aspiring and up-and-coming filmmakers also can use the section, to get input from colleagues and movie fans during the production process, find information on talented potential cast members, and learn from well-known directors through in-depth profiles. At launch, the section will feature a special profile on The Definite Maybe, an independent film that recently garnered national recognition following its online debut via the Amazon.com Advantage for Video program. "I continue to be impressed with the quality of independent films enrolled in our Advantage program," said Diane Zoi, director of Amazon.com Advantage. "The all-inclusive IMDb Indie section extends the Amazon.com Advantage commitment to helping small and independent filmmakers and producers crack the distribution barriers and reach millions of potential customers." In addition to mainstream independent titles, the Independent Film section will feature information on niche movies and videos, including those in the Amazon.com Advantage program. Launched in July 1999, Amazon.com Advantage for Video offers a unique distribution channel to independent filmmakers in all genres, including drama, comedy, film noir, spoofs, documentaries, and fitness and instructional videos. Amazon.com Advantage allows movie lovers to find and discover independent films and videos that were previously difficult or impossible to find. By integrating the successful Amazon.com Advantage program with the new IMDb.com Independent Film section, Amazon.com provides a unique opportunity for independent filmmakers, providing access to IMDb.com's movie fans while offering direct sales of their films to Amazon.com's 17 million customers. Many of the films featured in IMDb.com's Independent Film section, including all the Amazon.com Advantage titles, are available for purchase through the Amazon.com DVD & Video Store (www.amazon.com/video). To celebrate the creativity demonstrated by the first annual Yahoo! Internet Life Online Film Festival winners, IMDb will feature the winning films on the IMDb.com home page. With 4.7 million unique users each month, IMDb.com offers information on more than 230,000 movies and entertainment programs and 800,000 cast and crew members, making it a premier location to showcase an independent film. In addition, Amazon.com will support the sales and promotion of the winning films by offering distribution via the Amazon.com Advantage for Video program. The launch of the new Independent Film section is part of an updated IMDb site design that also includes a number of new features, such as: - A "My Movies" feature that lets film fans personalize the IMDb by uploading lists of their favorite movies and combining them with the unmatched search power of the IMDb. "My Movies" provides a variety of services, including notification when movies are available to buy on video and DVD, when you can view them at the theater, or when they are scheduled to be on TV. - New random movie quotes, top trivia searches, and a new "Top Movies" section that pulls together the top-rated movies by genre and gender, as well as popular searches and hot videos. - A new "Now Playing" section for the best in current theatrical and video releases, and additional news sources for expanded daily entertainment news and weekly interviews. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices that use the Wireless Application Protocol, at www.amazon.com/phone/, and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 230,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. CONTACT: Amazon.com Paul Capelli, 206/266-7180
<p>( EW)(WA-AMAZON.COM)(AMZN) The Internet Movie Database and Amazon.com Advantage Celebrate Independent Film with the Launch of a New IMDb.com Independent Film Section</p><p>SEATTLE--(ENTERTAINMENT WIRE)--March 22, 2000--Amazon.com's (Nasdaq:AMZN) Internet Movie Database (IMDb.com), the Web's authoritative source of information about movies, and Amazon.com Advantage, a program designed to help independent filmmakers and video producers sell their work, announced an IMDb Independent Film section today at the first annual Yahoo! Internet Life Online Film Festival. The new feature is located at http://indie.imdb.com/</p><p>The new IMDb.com Independent Film section features broad independent movie coverage, currently offering in-depth searching capabilities for more than 20,000 independent titles. The section will include news on the latest indie films, background information on a featured "movie of the week," lists of the top-selling independent films and soundtracks, articles, production notes, discussion boards, details of future film festivals, and interviews with established and up-and-coming filmmakers.</p><p>"We always listen closely to what our users want, and there is significant interest in the independent arena," said Col Needham, founder and managing director of the Internet Movie Database. "With the launch of the IMDb Independent Film section, movie fans now have access to a broad range of easy-to-use resources for indie films."</p><p>In addition to movie lovers, aspiring and up-and-coming filmmakers also can use the section, to get input from colleagues and movie fans during the production process, find information on talented potential cast members, and learn from well-known directors through in-depth profiles. At launch, the section will feature a special profile on The Definite Maybe, an independent film that recently garnered national recognition following its online debut via the Amazon.com Advantage for Video program.</p><p>"I continue to be impressed with the quality of independent films enrolled in our Advantage program," said Diane Zoi, director of Amazon.com Advantage. "The all-inclusive IMDb Indie section extends the Amazon.com Advantage commitment to helping small and independent filmmakers and producers crack the distribution barriers and reach millions of potential customers."</p><p>In addition to mainstream independent titles, the Independent Film section will feature information on niche movies and videos, including those in the Amazon.com Advantage program. Launched in July 1999, Amazon.com Advantage for Video offers a unique distribution channel to independent filmmakers in all genres, including drama, comedy, film noir, spoofs, documentaries, and fitness and instructional videos. Amazon.com Advantage allows movie lovers to find and discover independent films and videos that were previously difficult or impossible to find.</p><p>By integrating the successful Amazon.com Advantage program with the new IMDb.com Independent Film section, Amazon.com provides a unique opportunity for independent filmmakers, providing access to IMDb.com's movie fans while offering direct sales of their films to Amazon.com's 17 million customers. Many of the films featured in IMDb.com's Independent Film section, including all the Amazon.com Advantage titles, are available for purchase through the Amazon.com DVD &amp; Video Store (www.amazon.com/video).</p><p>To celebrate the creativity demonstrated by the first annual Yahoo! Internet Life Online Film Festival winners, IMDb will feature the winning films on the IMDb.com home page. With 4.7 million unique users each month, IMDb.com offers information on more than 230,000 movies and entertainment programs and 800,000 cast and crew members, making it a premier location to showcase an independent film. In addition, Amazon.com will support the sales and promotion of the winning films by offering distribution via the Amazon.com Advantage for Video program.</p><p>The launch of the new Independent Film section is part of an updated IMDb site design that also includes a number of new features, such as:</p><p>- A "My Movies" feature that lets film fans personalize the IMDb by uploading lists of their favorite movies and combining them with the unmatched search power of the IMDb. "My Movies" provides a variety of services, including notification when movies are available to buy on video and DVD, when you can view them at the theater, or when they are scheduled to be on TV.</p><p>- New random movie quotes, top trivia searches, and a new "Top Movies" section that pulls together the top-rated movies by genre and gender, as well as popular searches and hot videos.</p><p>- A new "Now Playing" section for the best in current theatrical and video releases, and additional news sources for expanded daily entertainment news and weekly interviews.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices that use the Wireless Application Protocol, at www.amazon.com/phone/, and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 230,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><p>CONTACT: Amazon.com</p><p>Paul Capelli, 206/266-7180</p>
Amazon.com Customers Can Help Connect Schools in Africa to the Internet in Support of Earth Day's 30Th Anniversary
/news/news-details/2000/Amazon.com-Customers-Can-Help-Connect-Schools-in-Africa-to-the-Internet-in-Support-of-Earth-Days-30Th-Anniversary/default.aspx
Amazon.com-Customers-Can-Help-Connect-Schools-in-Africa-to-the-Internet-in-Support-of-Earth-Days-30Th-Anniversary
4,207
03/22/2000 00:00:00
Amazon.com Customers Can Help Connect Schools in Africa to the Internet in Support of Earth Day's 30Th Anniversary
03/22/2000
2000
SEATTLE--(BUSINESS WIRE)--March 22, 2000-- zShops, e-Cards, Auctions, and Wish Lists Involved in Initiative Amazon.com (www.amazon.com), the leading online retailer known for offering "Earth's Biggest Selection," today announced initiatives to support the Earth Day Network (EDN) for the 30th anniversary of Earth Day. Events in zShops, Auctions, e-Cards, and Wish Lists are all designed to raise funds and awareness for environmental programs. Amazon.com's more than 17 million customers can donate money through an EDN listing at Amazon.com zShops to help bring the Internet to schools in Africa. Customers can bid on special items at Amazon.com Auctions, with proceeds going to EDN. Customers can also send an Amazon.com e-Card to their U.S. senator or friends, or purchase an item on the Earth Day Network Wish List for donation to a school in need. Details about Amazon.com's Earth Day 2000 programs can be found at www.amazon.com/earthday. "We're pleased to be involved in Earth Day's 30th anniversary," said Erich Ringewald, vice president and general manager, Amazon.com. "We hope that everyone participates, whether it's simply sending an e-Card to their senator or donating money through zShops to connect schools to the Internet." Amazon.com Earth Day 2000 Programs Earth Day Network Fundraiser, "Green Schools on the Web" In many areas of the world, access to the Internet is non-existent. The Internet Society (ISOC) and the Leland Initiative are leading a program to bring computers and the Internet to underdeveloped areas of Africa. "Green Schools on the Web" is an EDN fundraiser designed to support their effort of bringing sustainable Internet access to schools in the West African country of Guinea. Customers can "buy" $10 donations from the Earth Day Network's zShops listing at Amazon.com. Each donation helps fund the necessary technology, training, and support to put Guinean schools on the Web. Once the schools are connected, students will be able to use the equipment to participate in the Global Learning and Observations to Benefit the Environment (GLOBE) program, where students around the world learn science by collecting environmental data and submitting it to a global database over the Internet. Earth Day Auction More than 60 items will be up for bid at Amazon.com Auctions from April 3 to April 30. The opportunity to attend the Earth Day 2000 celebration in Washington, D.C., a trip to the Ecuadorian Amazon, lunch with a member of Congress, an EcoSmart Washer, lunch with a well-known film producer, and assorted Hollywood memorabilia are among the items available. Interested bidders can preview the first group of auction items at www.amazon.com/earthday. All proceeds will benefit the Earth Day Network and their "Clean Energy Now" initiatives. Earth Day e-Cards Amazon.com is making it easy for people to have their voices heard by creating a selection of Amazon.com e-Cards that customers can send directly to their U.S. senators and even the World Bank. Each card features a positive message about saving the environment. Additionally, Amazon.com provides a list of every senator's e-mail address (at www.amazon.com/earthday) to facilitate sending the proactive e-Cards. Amazon.com also offers a selection of animated cards for customers who simply want to send fun Earth Day greetings to friends and family. Earth Day Network Wish List The Earth Day Network Wish List at Amazon.com is created to benefit schools across the U.S. The Wish List includes books and environmental educational aids for schools and libraries in need. Items purchased from the Wish List are sent to EDN and then distributed directly to the schools in need. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 230,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. CONTACT: Amazon.com Sharon Greenspan, 206/266-6346 or Golin/Harris Richele Craveiro, 415/808-9828
<p>SEATTLE--(BUSINESS WIRE)--March 22, 2000--</p><p>zShops, e-Cards, Auctions, and Wish Lists Involved in Initiative</p><p>Amazon.com (www.amazon.com), the leading online retailer known for offering "Earth's Biggest Selection," today announced initiatives to support the Earth Day Network (EDN) for the 30th anniversary of Earth Day.</p><p>Events in zShops, Auctions, e-Cards, and Wish Lists are all designed to raise funds and awareness for environmental programs.</p><p>Amazon.com's more than 17 million customers can donate money through an EDN listing at Amazon.com zShops to help bring the Internet to schools in Africa. Customers can bid on special items at Amazon.com Auctions, with proceeds going to EDN. Customers can also send an Amazon.com e-Card to their U.S. senator or friends, or purchase an item on the Earth Day Network Wish List for donation to a school in need. Details about Amazon.com's Earth Day 2000 programs can be found at www.amazon.com/earthday.</p><p>"We're pleased to be involved in Earth Day's 30th anniversary," said Erich Ringewald, vice president and general manager, Amazon.com. "We hope that everyone participates, whether it's simply sending an e-Card to their senator or donating money through zShops to connect schools to the Internet."</p><p>Amazon.com Earth Day 2000 Programs</p><p>Earth Day Network Fundraiser, "Green Schools on the Web"</p><p>In many areas of the world, access to the Internet is non-existent. The Internet Society (ISOC) and the Leland Initiative are leading a program to bring computers and the Internet to underdeveloped areas of Africa. "Green Schools on the Web" is an EDN fundraiser designed to support their effort of bringing sustainable Internet access to schools in the West African country of Guinea. Customers can "buy" $10 donations from the Earth Day Network's zShops listing at Amazon.com. Each donation helps fund the necessary technology, training, and support to put Guinean schools on the Web. Once the schools are connected, students will be able to use the equipment to participate in the Global Learning and Observations to Benefit the Environment (GLOBE) program, where students around the world learn science by collecting environmental data and submitting it to a global database over the Internet.</p><p>Earth Day Auction</p><p>More than 60 items will be up for bid at Amazon.com Auctions from April 3 to April 30. The opportunity to attend the Earth Day 2000 celebration in Washington, D.C., a trip to the Ecuadorian Amazon, lunch with a member of Congress, an EcoSmart Washer, lunch with a well-known film producer, and assorted Hollywood memorabilia are among the items available. Interested bidders can preview the first group of auction items at www.amazon.com/earthday. All proceeds will benefit the Earth Day Network and their "Clean Energy Now" initiatives.</p><p>Earth Day e-Cards</p><p>Amazon.com is making it easy for people to have their voices heard by creating a selection of Amazon.com e-Cards that customers can send directly to their U.S. senators and even the World Bank. Each card features a positive message about saving the environment. Additionally, Amazon.com provides a list of every senator's e-mail address (at www.amazon.com/earthday) to facilitate sending the proactive e-Cards. Amazon.com also offers a selection of animated cards for customers who simply want to send fun Earth Day greetings to friends and family.</p><p>Earth Day Network Wish List</p><p>The Earth Day Network Wish List at Amazon.com is created to benefit schools across the U.S. The Wish List includes books and environmental educational aids for schools and libraries in need. Items purchased from the Wish List are sent to EDN and then distributed directly to the schools in need.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices that use the Wireless Application Protocol (www.amazon.com/phone/) and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 230,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><pre> CONTACT: Amazon.com Sharon Greenspan, 206/266-6346 or Golin/Harris Richele Craveiro, 415/808-9828</pre>
Amazon.com Announces Investment in and Strategic Alliance With Kozmo.com; Leading Online Retailer to Offer
/news/news-details/2000/Amazon.com-Announces-Investment-in-and-Strategic-Alliance-With-Kozmo.com-Leading-Online-Retailer-to-Offer/default.aspx
Amazon.com-Announces-Investment-in-and-Strategic-Alliance-With-Kozmo.com-Leading-Online-Retailer-to-Offer
4,208
03/20/2000 00:00:00
Amazon.com Announces Investment in and Strategic Alliance With Kozmo.com; Leading Online Retailer to Offer
03/20/2000
2000
SEATTLE--(BUSINESS WIRE)--March 20, 2000--Leading online retailer Amazon.com (www.amazon.com) announced today that it has invested $60 million in Kozmo.com (www.kozmo.com), the leading "e-mmediate" Internet-to-door delivery service. Also, in exchange for warrants to purchase additional shares in Kozmo.com, Amazon.com has reached a three-year strategic alliance with Kozmo.com. Under this new agreement, Amazon.com will begin offering a one-hour delivery option to its customers. The one-hour delivery option will be launched at a later date. When the service is launched, Amazon.com customers will be able to choose Kozmo.com as a one-hour fulfillment and delivery option for certain book, music and toy orders. Under the terms of the agreement, Amazon.com can also use other one-hour delivery service providers. "We're always looking for new ways to offer more choices to our customers, whether it's new products or new delivery options," said Joe Galli, president and chief operating officer, Amazon.com. "In a short time, Kozmo.com has developed a strong track record for meeting a unique customer need, and this agreement provides us a one-hour delivery option for the types of products that customers may want immediately." Amazon.com's $60 million investment in Kozmo.com closed in December 1999. Based in New York, Kozmo.com provides consumers with a one-hour delivery service for entertainment and convenience products. Kozmo.com currently serves the New York, Boston, Washington, D.C., San Francisco, Seattle and Los Angeles markets. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices using the Wireless Application Protocol, at www.amazon.com/phone/ and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. CONTACT: Amazon.com Sharon Greenspan, 206/266-7180
<p>SEATTLE--(BUSINESS WIRE)--March 20, 2000--Leading online retailer Amazon.com (www.amazon.com) announced today that it has invested $60 million in Kozmo.com (www.kozmo.com), the leading "e-mmediate" Internet-to-door delivery service.</p><p>Also, in exchange for warrants to purchase additional shares in Kozmo.com, Amazon.com has reached a three-year strategic alliance with Kozmo.com. Under this new agreement, Amazon.com will begin offering a one-hour delivery option to its customers.</p><p>The one-hour delivery option will be launched at a later date. When the service is launched, Amazon.com customers will be able to choose Kozmo.com as a one-hour fulfillment and delivery option for certain book, music and toy orders. Under the terms of the agreement, Amazon.com can also use other one-hour delivery service providers.</p><p>"We're always looking for new ways to offer more choices to our customers, whether it's new products or new delivery options," said Joe Galli, president and chief operating officer, Amazon.com. "In a short time, Kozmo.com has developed a strong track record for meeting a unique customer need, and this agreement provides us a one-hour delivery option for the types of products that customers may want immediately."</p><p>Amazon.com's $60 million investment in Kozmo.com closed in December 1999.</p><p>Based in New York, Kozmo.com provides consumers with a one-hour delivery service for entertainment and convenience products. Kozmo.com currently serves the New York, Boston, Washington, D.C., San Francisco, Seattle and Los Angeles markets.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices using the Wireless Application Protocol, at www.amazon.com/phone/ and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><pre> CONTACT: Amazon.com Sharon Greenspan, 206/266-7180</pre>
AirTouch Cellular and Amazon.com Give Customers the Freedom of Wireless E-Commerce; AirTouch Mobile Web Customers Can Shop Online -- Anytime, Anywhere
/news/news-details/2000/AirTouch-Cellular-and-Amazon.com-Give-Customers-the-Freedom-of-Wireless-E-Commerce-AirTouch-Mobile-Web-Customers-Can-Shop-Online----Anytime-Anywhere/default.aspx
AirTouch-Cellular-and-Amazon.com-Give-Customers-the-Freedom-of-Wireless-E-Commerce-AirTouch-Mobile-Web-Customers-Can-Shop-Online----Anytime-Anywhere
4,209
03/15/2000 00:00:00
AirTouch Cellular and Amazon.com Give Customers the Freedom of Wireless E-Commerce; AirTouch Mobile Web Customers Can Shop Online -- Anytime, Anywhere
03/15/2000
2000
SAN FRANCISCO and SEATTLE--(BUSINESS WIRE)--March 15, 2000-- AirTouch Cellular, part of Vodafone AirTouch Plc (NYSE & LSE:VOD), and Amazon.com (NASDAQ:AMZN) have signed an agreement that will allow AirTouch Mobile Web customers to make purchases from the leading Internet retailer, directly from a mobile Internet ready phone. Beginning this spring, AirTouch Mobile Web customers will have direct access to shopping features on Amazon.com's Web site, allowing AirTouch customers to browse through Amazon.com's online stores, make purchases, send gifts, and even select gift wrapping service -- all through a wireless phone. "We're pleased to be working with Amazon.com, the world's dominant leader in e-tailing. This arrangement will demonstrate how customers can satisfy their need to browse and purchase from the web, conveniently from the palm of the hand," said Cliff Fitterer, managing director of Internet services for AirTouch Cellular. "Mobile commerce makes finding, discovering and buying products at Amazon.com even more convenient," said Lil Mohan, general manager, Amazon.com Anywhere. "We are pleased to be working with AirTouch Cellular to help customers use their mobile phones to get items off their to-do lists before they need to write them down." About AirTouch AirTouch serves nearly 10 million U.S. cellular and PCS customers on a proportionate basis. Its ventures operate in 25 states and 22 of the top 30 U.S. markets, including Atlanta, Chicago, Dallas, Detroit, Houston, Los Angeles, Phoenix, San Diego, San Francisco and Seattle. AirTouch is part of Vodafone AirTouch Plc, the world's largest wireless communications firm, based in the United Kingdom. It has mobile operations in 24 countries on five continents, with more than 35.5 million proportionate cellular customers. For more information, visit the AirTouch web site at www.airtouch.com. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices using the Wireless Application Protocol, at www.amazon.com/phone/ and on personal digital assistants (PDAs). This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>SAN FRANCISCO and SEATTLE--(BUSINESS WIRE)--March 15, 2000-- AirTouch Cellular, part of Vodafone AirTouch Plc (NYSE &amp; LSE:VOD), and Amazon.com (NASDAQ:AMZN) have signed an agreement that will allow AirTouch Mobile Web customers to make purchases from the leading Internet retailer, directly from a mobile Internet ready phone.</p><p>Beginning this spring, AirTouch Mobile Web customers will have direct access to shopping features on Amazon.com's Web site, allowing AirTouch customers to browse through Amazon.com's online stores, make purchases, send gifts, and even select gift wrapping service -- all through a wireless phone.</p><p>"We're pleased to be working with Amazon.com, the world's dominant leader in e-tailing. This arrangement will demonstrate how customers can satisfy their need to browse and purchase from the web, conveniently from the palm of the hand," said Cliff Fitterer, managing director of Internet services for AirTouch Cellular.</p><p>"Mobile commerce makes finding, discovering and buying products at Amazon.com even more convenient," said Lil Mohan, general manager, Amazon.com Anywhere. "We are pleased to be working with AirTouch Cellular to help customers use their mobile phones to get items off their to-do lists before they need to write them down."</p><p>About AirTouch</p><p>AirTouch serves nearly 10 million U.S. cellular and PCS customers on a proportionate basis. Its ventures operate in 25 states and 22 of the top 30 U.S. markets, including Atlanta, Chicago, Dallas, Detroit, Houston, Los Angeles, Phoenix, San Diego, San Francisco and Seattle. AirTouch is part of Vodafone AirTouch Plc, the world's largest wireless communications firm, based in the United Kingdom. It has mobile operations in 24 countries on five continents, with more than 35.5 million proportionate cellular customers. For more information, visit the AirTouch web site at www.airtouch.com.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices using the Wireless Application Protocol, at www.amazon.com/phone/ and on personal digital assistants (PDAs).</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Amazon.com Continues Grand Forks Expansion; More Than 50 New Jobs Within Next Two Months Expected as a Result
/news/news-details/2000/Amazon.com-Continues-Grand-Forks-Expansion-More-Than-50-New-Jobs-Within-Next-Two-Months-Expected-as-a-Result/default.aspx
Amazon.com-Continues-Grand-Forks-Expansion-More-Than-50-New-Jobs-Within-Next-Two-Months-Expected-as-a-Result
4,210
03/08/2000 00:00:00
Amazon.com Continues Grand Forks Expansion; More Than 50 New Jobs Within Next Two Months Expected as a Result
03/08/2000
2000
GRAND FORKS, N.D.--(BUSINESS WIRE)--March 8, 2000--Leading online retailer Amazon.com (www.amazon.com)(Nasdaq:AMZN) announced today that it will begin recruiting efforts to fill additional customer service positions at its Grand Forks, N.D., customer service center. The hirings, which are part of an ongoing expansion, will add more than 50 new employees to the company's Grand Forks facility during April and May. "We've added more than 100 full-time employees since October, and we're very happy with the skills and enthusiasm they have brought to us," said Steve Kuhlman, Amazon.com's head of North Dakota operations and vice president of catalogue operations, Tool Crib of the North. "Our customer service representatives are our main point of contact with customers. So we're looking for bright, energetic, talented folks who are passionate about delivering our customers the best shopping experience, and who share our vision to help customers find, discover, and buy anything online." The expanding Grand Forks customer service center, acquired from Tool Crib of the North, will ensure that the growing number of Amazon.com customers continue to receive swift and efficient customer service through 2000 and beyond. The acquisition of Tool Crib of the North's online and catalog sales division in October 1999 helped create Amazon.com Home Improvement, which features tools and equipment. The Home Improvement Store, which was launched on November 10, 1999, also offers a large and growing selection of popular and hard-to-find home improvement products and brands. Amazon.com currently operates customer service centers in Seattle and Tacoma, Wash., and soon in Huntington, W. Va. The Grand Forks facility currently employs 340 people. Amazon.com expects to fill these customer service positions with full-time employees, and will also hire a limited number of full-time employees for other positions, including site controller/analyst, executive assistant, and purchaser. All full-time Amazon.com positions come with salary, benefits packages, and stock options. Grand Forks Open House Amazon.com will have recruiters at the company's customer service/distribution center at 1550 S. 48th Street in Grand Forks for an open house on Saturday, March 11, to let potential employees tour the facilities, learn more about employment opportunities, and complete applications. The hours of the open house are from 10 a.m. to 2 p.m. The company is accepting resumes for customer service positions and a limited number of other positions. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices using the Wireless Application Protocol, at www.amazon.com/phone/ and on personal digital assistants (PDAs). Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to 2003. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. CONTACT: Amazon.com Sharon Greenspan, 206/266-7180
<p>GRAND FORKS, N.D.--(BUSINESS WIRE)--March 8, 2000--Leading online retailer Amazon.com (www.amazon.com)(Nasdaq:AMZN) announced today that it will begin recruiting efforts to fill additional customer service positions at its Grand Forks, N.D., customer service center.</p><p>The hirings, which are part of an ongoing expansion, will add more than 50 new employees to the company's Grand Forks facility during April and May.</p><p>"We've added more than 100 full-time employees since October, and we're very happy with the skills and enthusiasm they have brought to us," said Steve Kuhlman, Amazon.com's head of North Dakota operations and vice president of catalogue operations, Tool Crib of the North. "Our customer service representatives are our main point of contact with customers. So we're looking for bright, energetic, talented folks who are passionate about delivering our customers the best shopping experience, and who share our vision to help customers find, discover, and buy anything online."</p><p>The expanding Grand Forks customer service center, acquired from Tool Crib of the North, will ensure that the growing number of Amazon.com customers continue to receive swift and efficient customer service through 2000 and beyond.</p><p>The acquisition of Tool Crib of the North's online and catalog sales division in October 1999 helped create Amazon.com Home Improvement, which features tools and equipment. The Home Improvement Store, which was launched on November 10, 1999, also offers a large and growing selection of popular and hard-to-find home improvement products and brands.</p><p>Amazon.com currently operates customer service centers in Seattle and Tacoma, Wash., and soon in Huntington, W. Va. The Grand Forks facility currently employs 340 people.</p><p>Amazon.com expects to fill these customer service positions with full-time employees, and will also hire a limited number of full-time employees for other positions, including site controller/analyst, executive assistant, and purchaser. All full-time Amazon.com positions come with salary, benefits packages, and stock options.</p><p>Grand Forks Open House</p><p>Amazon.com will have recruiters at the company's customer service/distribution center at 1550 S. 48th Street in Grand Forks for an open house on Saturday, March 11, to let potential employees tour the facilities, learn more about employment opportunities, and complete applications. The hours of the open house are from 10 a.m. to 2 p.m. The company is accepting resumes for customer service positions and a limited number of other positions.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com through handheld wireless Internet devices using the Wireless Application Protocol, at www.amazon.com/phone/ and on personal digital assistants (PDAs).</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to 2003.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><pre> CONTACT: Amazon.com Sharon Greenspan, 206/266-7180</pre>
Amazon.com Names Diego Piacentini Senior Vice President and General Manager International
/news/news-details/2000/Amazon.com-Names-Diego-Piacentini-Senior-Vice-President-and-General-Manager-International/default.aspx
Amazon.com-Names-Diego-Piacentini-Senior-Vice-President-and-General-Manager-International
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03/06/2000 00:00:00
Amazon.com Names Diego Piacentini Senior Vice President and General Manager International
03/06/2000
2000
SEATTLE--(BUSINESS WIRE)--March 6, 2000--Leading online retailer Amazon.com (www.amazon.com) announced today it has named Diego Piacentini as its senior vice president and general manager international. Piacentini was formerly vice president and general manager of Apple Computer Europe, Inc. Piacentini joins Amazon.com after a successful 13-year career with Apple Computer Europe, where he held several positions both in finance and sales. In less than three years after becoming general manager, Piacentini established Apple as the fastest-growing PC company in Europe during the last quarter of 1999, achieving significant market share gains. "We are extremely excited to have Diego join our Amazon.com team," said Joe Galli, Amazon.com president and chief operating officer. "Diego has proven leadership skills and a great track record in building solid and efficient organizations. His expertise in serving European markets and customers in a way that reflects local cultures, laws, and customs will be invaluable in bringing a great customer experience to shoppers globally." "As Amazon.com strives to become the Earth's most customer-centric company, we are setting standards for customer experience that are shaping e-commerce and revolutionizing how people shop," said Piacentini. "To be part of the team that brings the Amazon.com experience to shoppers globally is a tremendous opportunity." As senior vice president and general manager international for Amazon.com, a new position, Piacentini will oversee the company's existing international businesses in the United Kingdom and Germany, as well as future global expansions. He will report to Galli. Prior to Apple Computer, Piacentini worked for the Fiat Group in Milan, Italy. He holds a graduate degree in economics from Milan's Bocconi University. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. CONTACT: Amazon.com Kristin Schaefer, 206/266-7180
<p>SEATTLE--(BUSINESS WIRE)--March 6, 2000--Leading online retailer Amazon.com (www.amazon.com) announced today it has named Diego Piacentini as its senior vice president and general manager international.</p><p>Piacentini was formerly vice president and general manager of Apple Computer Europe, Inc.</p><p>Piacentini joins Amazon.com after a successful 13-year career with Apple Computer Europe, where he held several positions both in finance and sales. In less than three years after becoming general manager, Piacentini established Apple as the fastest-growing PC company in Europe during the last quarter of 1999, achieving significant market share gains.</p><p>"We are extremely excited to have Diego join our Amazon.com team," said Joe Galli, Amazon.com president and chief operating officer. "Diego has proven leadership skills and a great track record in building solid and efficient organizations. His expertise in serving European markets and customers in a way that reflects local cultures, laws, and customs will be invaluable in bringing a great customer experience to shoppers globally."</p><p>"As Amazon.com strives to become the Earth's most customer-centric company, we are setting standards for customer experience that are shaping e-commerce and revolutionizing how people shop," said Piacentini. "To be part of the team that brings the Amazon.com experience to shoppers globally is a tremendous opportunity."</p><p>As senior vice president and general manager international for Amazon.com, a new position, Piacentini will oversee the company's existing international businesses in the United Kingdom and Germany, as well as future global expansions. He will report to Galli.</p><p>Prior to Apple Computer, Piacentini worked for the Fiat Group in Milan, Italy. He holds a graduate degree in economics from Milan's Bocconi University.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><pre> CONTACT: Amazon.com Kristin Schaefer, 206/266-7180</pre>
Amazon.com Salutes Dr. Seuss with Launch of the Dr. Seuss Shop on the Anniversary of Late Author's Birthday
/news/news-details/2000/Amazon.com-Salutes-Dr.-Seuss-with-Launch-of-the-Dr.-Seuss-Shop-on-the-Anniversary-of-Late-Authors-Birthday/default.aspx
Amazon.com-Salutes-Dr.-Seuss-with-Launch-of-the-Dr.-Seuss-Shop-on-the-Anniversary-of-Late-Authors-Birthday
4,212
03/02/2000 00:00:00
Amazon.com Salutes Dr. Seuss with Launch of the Dr. Seuss Shop on the Anniversary of Late Author's Birthday
03/02/2000
2000
Theodor Suess Geisel, leading online retailer Amazon.com (Nasdaq:AMZN) today launched The Dr. Suess Shop -- www.amazon.com/seuss. This new shop within Amazon.com's Children's Bookstore brings all of the Dr. Suess book titles as well as coloring and activity books, workbooks, flashcards, boardbooks and a broad range of editions to one place in the Amazon.com bookstore, along with Dr. Seuss audiocassettes, interactive software, music, toys, games, and videos. Deeply concerned about illiteracy among school children, and a 1954 Life Magazine report that indicated children were having trouble reading because books were boring, Theodor Suess Giesel wrote The Cat in the Hat using 220 words which he believed was as many as a first grader could absorb. The Cat in the Hat was an instant favorite as was his next book Green Eggs and Ham, using only 50 words. "Since then the more than 40 titles penned by Dr. Suess have become a mainstay in children's literature," said Karin Snelson, editor children's books at Amazon.com. "Dr. Seuss basically pushed Dick, Jane, and Spot aside with `The Cat in the Hat' and his other books for beginning readers. Sure, Seuss invented creatures like `Gack' to rhyme with the word `back.' But he taught generations of children that they could read all by themselves, and unlike Sam-I-Am with green eggs and ham, would actually like it. We at Amazon.com are delighted to bring the Dr. Suess Shop to generations of young people and their parents." The launch of Amazon.com's Dr. Seuss Shop coincides also with The National Education Association's nationwide celebration and initiative to encourage children of all ages to read. Amazon.com's Dr. Suess Shop encourages everyone to take time today and read to a child. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. CONTACT: Amazon.com Kay Dangaard, 206/266-7180
<p>Theodor Suess Geisel, leading online retailer Amazon.com (Nasdaq:AMZN) today launched The Dr. Suess Shop -- www.amazon.com/seuss.</p><p>This new shop within Amazon.com's Children's Bookstore brings all of the Dr. Suess book titles as well as coloring and activity books, workbooks, flashcards, boardbooks and a broad range of editions to one place in the Amazon.com bookstore, along with Dr. Seuss audiocassettes, interactive software, music, toys, games, and videos.</p><p>Deeply concerned about illiteracy among school children, and a 1954 Life Magazine report that indicated children were having trouble reading because books were boring, Theodor Suess Giesel wrote The Cat in the Hat using 220 words which he believed was as many as a first grader could absorb. The Cat in the Hat was an instant favorite as was his next book Green Eggs and Ham, using only 50 words.</p><p>"Since then the more than 40 titles penned by Dr. Suess have become a mainstay in children's literature," said Karin Snelson, editor children's books at Amazon.com. "Dr. Seuss basically pushed Dick, Jane, and Spot aside with `The Cat in the Hat' and his other books for beginning readers. Sure, Seuss invented creatures like `Gack' to rhyme with the word `back.' But he taught generations of children that they could read all by themselves, and unlike Sam-I-Am with green eggs and ham, would actually like it. We at Amazon.com are delighted to bring the Dr. Suess Shop to generations of young people and their parents."</p><p>The launch of Amazon.com's Dr. Seuss Shop coincides also with The National Education Association's nationwide celebration and initiative to encourage children of all ages to read. Amazon.com's Dr. Suess Shop encourages everyone to take time today and read to a child.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><pre> CONTACT: Amazon.com Kay Dangaard, 206/266-7180</pre>
Amazon.com Anywhere Unveils New URL Allowing Easy Worldwide Access to Mobile Shopping at Amazon.com; Amazon.com Anywhere Offers Wireless E-commerce Customers Convenient Remote Access
/news/news-details/2000/Amazon.com-Anywhere-Unveils-New-URL-Allowing-Easy-Worldwide-Access-to-Mobile-Shopping-at-Amazon.com-Amazon.com-Anywhere-Offers-Wireless-E-commerce-Customers-Convenient-Remote-Access/default.aspx
Amazon.com-Anywhere-Unveils-New-URL-Allowing-Easy-Worldwide-Access-to-Mobile-Shopping-at-Amazon.com-Amazon.com-Anywhere-Offers-Wireless-E-commerce-Customers-Convenient-Remote-Access
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02/28/2000 00:00:00
Amazon.com Anywhere Unveils New URL Allowing Easy Worldwide Access to Mobile Shopping at Amazon.com; Amazon.com Anywhere Offers Wireless E-commerce Customers Convenient Remote Access
02/28/2000
2000
SEATTLE--Feb. 28, 2000--Leading online retailer Amazon.com (www.amazon.com) today announced a new World Wide Web address, http://www.amazon.com/phone/, for mobile e-commerce customers. The new URL provides customers around the world the convenience of a safe shopping experience from Internet-enabled wireless devices. "Our Amazon.com Anywhere team is dedicated to creating the very best wireless shopping experience for our customers," said Jeff Bezos, founder and CEO of Amazon.com. "By being able to shop instantly anywhere, you can get things off your to-do list before they're even written down. Now, with Internet-enabled wireless devices, our customers around the world can quickly and easily use our new URL to connect with Amazon.com and do just that." In addition to the new URL, Amazon.com Anywhere also increased the number and scope of popular Amazon.com features available to remote e-commerce shoppers. Mobile customers can now register at Amazon.com from wireless devices; monitor the status of their purchases; access more in-depth search and comparison information; and check shipping availability for products worldwide. About Amazon.com Anywhere Launched as a business division of Amazon.com in October 1999, Amazon.com Anywhere is a leader in mobile e-commerce, providing customers access to Earth's Biggest Selection on Amazon.com from handheld wireless Internet devices. Amazon.com Anywhere is available on Internet-ready phones and the Palm VII. Service and handset providers that feature mobile shopping for their customers include Bell Mobility, Nextel, Nokia, Motorola, and Sprint PCS. Amazon.com collaborated with Phone.com on the initial version of the application for display on wireless phones. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>SEATTLE--Feb. 28, 2000--Leading online retailer Amazon.com (www.amazon.com) today announced a new World Wide Web address, http://www.amazon.com/phone/, for mobile e-commerce customers. The new URL provides customers around the world the convenience of a safe shopping experience from Internet-enabled wireless devices.</p><p>"Our Amazon.com Anywhere team is dedicated to creating the very best wireless shopping experience for our customers," said Jeff Bezos, founder and CEO of Amazon.com. "By being able to shop instantly anywhere, you can get things off your to-do list before they're even written down. Now, with Internet-enabled wireless devices, our customers around the world can quickly and easily use our new URL to connect with Amazon.com and do just that."</p><p>In addition to the new URL, Amazon.com Anywhere also increased the number and scope of popular Amazon.com features available to remote e-commerce shoppers. Mobile customers can now register at Amazon.com from wireless devices; monitor the status of their purchases; access more in-depth search and comparison information; and check shipping availability for products worldwide.</p><p>About Amazon.com Anywhere</p><p>Launched as a business division of Amazon.com in October 1999, Amazon.com Anywhere is a leader in mobile e-commerce, providing customers access to Earth's Biggest Selection on Amazon.com from handheld wireless Internet devices. Amazon.com Anywhere is available on Internet-ready phones and the Palm VII. Service and handset providers that feature mobile shopping for their customers include Bell Mobility, Nextel, Nokia, Motorola, and Sprint PCS. Amazon.com collaborated with Phone.com on the initial version of the application for display on wireless phones.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Motorola and Amazon.com Team To Promote Mobile E-Commerce
/news/news-details/2000/Motorola-and-Amazon.com-Team-To-Promote-Mobile-E-Commerce/default.aspx
Motorola-and-Amazon.com-Team-To-Promote-Mobile-E-Commerce
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Motorola and Amazon.com Team To Promote Mobile E-Commerce
02/28/2000
2000
NEW ORLEANS, La.--Feb. 28, 2000--Motorola, Inc. (NYSE:MOT) and Amazon.com announced today, at the Cellular Telecommunications Industry Association's (CTIA) Wireless 2000 conference, a strategic relationship to offer consumers exciting new mobile e-commerce solutions. Motorola will offer consumers a new access point to one of the world's most popular e-commerce web sites by adding a bookmark to some of its Internet(1) capable wireless handsets. Using the bookmark, consumers will have the ability to scroll down to Amazon.com's web site and, with the click of a couple of buttons, connect to search and purchase goods and services while mobile. "We are delighted to be working with Amazon.com to provide mobile e-commerce solutions that will enrich consumers' lives," said Janiece Webb, senior vice president of Motorola's Personal Networking Group. "This relationship represents Motorola's recently announced Web W/O Wires Alliance Program which will make popular Internet destinations(1) easily accessible from Motorola web phones." "We are pleased to extend our relationship with Motorola by offering our customers a new way to shop our extensive selection of products," said Lil Mohan, general manager, Amazon.com Anywhere. "Quick and easy mobile access to Amazon.com via Motorola wireless handsets provides our customers the convenience of shopping anytime and from anywhere." Additionally, Motorola and Amazon.com have initiated a direct relationship to begin offering Motorola's two-way radios on Amazon's site. This agreement is another example of Motorola's personal networking vision which is an initiative to connect consumers, regardless of their location, with personalized information that is dynamic and able to evolve. Some of the benefits of Motorola's personal networking vision include: empowering consumers with the ability to stay connected with people, information and things enabling them to stay ahead, be efficient and enhance relationships. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. About Motorola Motorola, Inc. (NYSE:MOT) is a global leader in providing integrated communications solutions and embedded electronic solutions. Sales in 1999 were $30.9 billion. (1) Network and subscription dependent feature. Not available in all areas.
<p>NEW ORLEANS, La.--Feb. 28, 2000--Motorola, Inc. (NYSE:MOT) and Amazon.com announced today, at the Cellular Telecommunications Industry Association's (CTIA) Wireless 2000 conference, a strategic relationship to offer consumers exciting new mobile e-commerce solutions.</p><p>Motorola will offer consumers a new access point to one of the world's most popular e-commerce web sites by adding a bookmark to some of its Internet(1) capable wireless handsets. Using the bookmark, consumers will have the ability to scroll down to Amazon.com's web site and, with the click of a couple of buttons, connect to search and purchase goods and services while mobile.</p><p>"We are delighted to be working with Amazon.com to provide mobile e-commerce solutions that will enrich consumers' lives," said Janiece Webb, senior vice president of Motorola's Personal Networking Group. "This relationship represents Motorola's recently announced Web W/O Wires Alliance Program which will make popular Internet destinations(1) easily accessible from Motorola web phones."</p><p>"We are pleased to extend our relationship with Motorola by offering our customers a new way to shop our extensive selection of products," said Lil Mohan, general manager, Amazon.com Anywhere. "Quick and easy mobile access to Amazon.com via Motorola wireless handsets provides our customers the convenience of shopping anytime and from anywhere."</p><p>Additionally, Motorola and Amazon.com have initiated a direct relationship to begin offering Motorola's two-way radios on Amazon's site.</p><p>This agreement is another example of Motorola's personal networking vision which is an initiative to connect consumers, regardless of their location, with personalized information that is dynamic and able to evolve. Some of the benefits of Motorola's personal networking vision include: empowering consumers with the ability to stay connected with people, information and things enabling them to stay ahead, be efficient and enhance relationships.</p><p>About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><p>About Motorola</p><p>Motorola, Inc. (NYSE:MOT) is a global leader in providing integrated communications solutions and embedded electronic solutions. Sales in 1999 were $30.9 billion.</p><p>(1) Network and subscription dependent feature. Not available in all areas.</p>
Amazon.com and Basis Technology Announce Minority Investment by Amazon.com in Basis Technology; Rick Dalzell, Amazon.com CIO, Joins Basis Technology Board of Directors
/news/news-details/2000/Amazon.com-and-Basis-Technology-Announce-Minority-Investment-by-Amazon.com-in-Basis-Technology-Rick-Dalzell-Amazon.com-CIO-Joins-Basis-Technology-Board-of-Directors/default.aspx
Amazon.com-and-Basis-Technology-Announce-Minority-Investment-by-Amazon.com-in-Basis-Technology-Rick-Dalzell-Amazon.com-CIO-Joins-Basis-Technology-Board-of-Directors
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02/18/2000 00:00:00
Amazon.com and Basis Technology Announce Minority Investment by Amazon.com in Basis Technology; Rick Dalzell, Amazon.com CIO, Joins Basis Technology Board of Directors
02/18/2000
2000
SEATTLE--Feb. 18, 2000--Basis Technology (www.basistech.com), the leading provider of internationalization technology for Internet companies and Web software developers, and Amazon.com (Nasdaq:AMZN), the leading online retailer, announced today that Amazon.com has made a minority investment in Basis Technology. "Basis Technology's dedicated development team and pioneering technology ensure a great shopping experience for our customers as we expand into local markets around the globe," said Jeff Bezos, Amazon.com founder and CEO. "This investment signifies the importance of rapidly growing overseas markets to the future of e-commerce," said Carl Hoffman, founder and CEO of Basis Technology. "In less than two years, it is likely that more than half the Internet will speak a language other than English. By choosing us as their globalization partner, Amazon.com is demonstrating its commitment to reaching all consumers, regardless of language, culture, or geography." As a result of the investment, Rick Dalzell, Amazon.com's chief information officer, will serve on the Basis Technology Board of Directors. Terms of the investment were not disclosed. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and Sept. 30, 1999.
<p>SEATTLE--Feb. 18, 2000--Basis Technology (www.basistech.com), the leading provider of internationalization technology for Internet companies and Web software developers, and Amazon.com (Nasdaq:AMZN), the leading online retailer, announced today that Amazon.com has made a minority investment in Basis Technology.</p><p>"Basis Technology's dedicated development team and pioneering technology ensure a great shopping experience for our customers as we expand into local markets around the globe," said Jeff Bezos, Amazon.com founder and CEO.</p><p>"This investment signifies the importance of rapidly growing overseas markets to the future of e-commerce," said Carl Hoffman, founder and CEO of Basis Technology. "In less than two years, it is likely that more than half the Internet will speak a language other than English. By choosing us as their globalization partner, Amazon.com is demonstrating its commitment to reaching all consumers, regardless of language, culture, or geography."</p><p>As a result of the investment, Rick Dalzell, Amazon.com's chief information officer, will serve on the Basis Technology Board of Directors. Terms of the investment were not disclosed.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and Sept. 30, 1999.</p>
Amazon.com, Inc. Announces Closing of Public Offering of 6 7/8% Convertible Subordinated Notes Due 2010
/news/news-details/2000/Amazon.com-Inc.-Announces-Closing-of-Public-Offering-of-6-7-8-Convertible-Subordinated-Notes-Due-2010/default.aspx
Amazon.com-Inc.-Announces-Closing-of-Public-Offering-of-6-7-8-Convertible-Subordinated-Notes-Due-2010
4,216
02/16/2000 00:00:00
Amazon.com, Inc. Announces Closing of Public Offering of 6 7/8% Convertible Subordinated Notes Due 2010
02/16/2000
2000
SEATTLE--Feb. 16, 2000--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it has closed a public offering of 690 million euros aggregate principal amount of its 6 7/8% Convertible Subordinated Notes due 2010. The notes were offered at par. The notes and shares of common stock of the company issuable upon conversion of the notes are covered by the company's existing shelf registration statement. An underwriting group led by Morgan Stanley Dean Witter and including Credit Suisse First Boston and Donaldson, Lufkin & Jenrette offered the notes. Amazon.com is the world's leading online retailer. Amazon.com directly offers for sale millions of distinct items in categories such as books, music, toys, electronics, videos, DVDs, home improvement products, software and video games. Amazon.com has served over 17 million customer accounts in 150 countries. Amazon.com's corporate headquarters are at 1200 12th Avenue South, Suite 1200, Seattle, WA 98144-2734, www.amazon.com. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities. An offering shall only be made by means of the prospectus supplement and prospectus. Written copies of the prospectus supplement and prospectus may be obtained by contacting Morgan Stanley Dean Witter at 25 Cabot Square, London, England, E14, 0171-425-6666 or 1585 Broadway, New York, NY, USA, 10036-8293, 212/761-4000. This news release contains certain forward-looking statements that involve risks and uncertainties. Actual results may vary. Factors that could cause actual results to vary include those discussed in the prospectus supplement and prospectus and Amazon.com's other Securities and Exchange Commission filings.
<p>SEATTLE--Feb. 16, 2000--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it has closed a public offering of 690 million euros aggregate principal amount of its 6 7/8% Convertible Subordinated Notes due 2010.</p><p>The notes were offered at par.</p><p>The notes and shares of common stock of the company issuable upon conversion of the notes are covered by the company's existing shelf registration statement.</p><p>An underwriting group led by Morgan Stanley Dean Witter and including Credit Suisse First Boston and Donaldson, Lufkin &amp; Jenrette offered the notes.</p><p>Amazon.com is the world's leading online retailer. Amazon.com directly offers for sale millions of distinct items in categories such as books, music, toys, electronics, videos, DVDs, home improvement products, software and video games. Amazon.com has served over 17 million customer accounts in 150 countries.</p><p>Amazon.com's corporate headquarters are at 1200 12th Avenue South, Suite 1200, Seattle, WA 98144-2734, www.amazon.com.</p><p>This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities. An offering shall only be made by means of the prospectus supplement and prospectus. Written copies of the prospectus supplement and prospectus may be obtained by contacting Morgan Stanley Dean Witter at 25 Cabot Square, London, England, E14, 0171-425-6666 or 1585 Broadway, New York, NY, USA, 10036-8293, 212/761-4000.</p><p>This news release contains certain forward-looking statements that involve risks and uncertainties. Actual results may vary. Factors that could cause actual results to vary include those discussed in the prospectus supplement and prospectus and Amazon.com's other Securities and Exchange Commission filings.</p>
LookSmart Signs Amazon.com in Major Advertising Deal; Agreement Gives Amazon.com Access to LookSmart's Extensive Distribution Network
/news/news-details/2000/LookSmart-Signs-Amazon.com-in-Major-Advertising-Deal-Agreement-Gives-Amazon.com-Access-to-LookSmarts-Extensive-Distribution-Network/default.aspx
LookSmart-Signs-Amazon.com-in-Major-Advertising-Deal-Agreement-Gives-Amazon.com-Access-to-LookSmarts-Extensive-Distribution-Network
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LookSmart Signs Amazon.com in Major Advertising Deal; Agreement Gives Amazon.com Access to LookSmart's Extensive Distribution Network
02/14/2000
2000
SAN FRANCISCO and SEATTLE--Feb. 14, 2000-- LookSmart (Nasdaq:LOOK), a global leader of Internet search infrastructure, and Amazon.com, Inc. (Nasdaq:AMZN), today announced a year long exclusive advertising agreement. Under this agreement, Amazon.com will be the exclusive book and music seller on LookSmart (www.looksmart.com) and will be featured throughout LookSmart's distribution network of partner sites, which reaches over 45 million people a month. LookSmart will offer users direct links to related Amazon.com book and music titles from every LookSmart search result and related book and music category page. "This new alliance with Amazon.com provides LookSmart users with seamless integrated access to the largest selection of books and music on the Internet," said Brian Cowley, senior vice president of global sales at LookSmart. "We're proud to bring on such a high quality leading advertiser like Amazon.com, who will now have unparalleled access to LookSmart's massive distribution network, including Internet portals, media companies, Internet service providers and affiliates. "This deal further demonstrates how LookSmart creates value for leading advertisers on the Web." "Working with LookSmart and their access to tens of millions of Internet users will allow us to further expand the reach and visibility of Amazon.com," said Doug Boake, vice president of business development at Amazon.com. "This agreement furthers our strategy of providing customers with as many possible points of access to Amazon.com and our vast selection of titles in a high quality environment like LookSmart." The new service offers users the opportunity to review and purchase relevant book and music titles from Amazon.com through LookSmart. The service will be integrated throughout the LookSmart network including the BeSeen.com and Inside-the-Web network of sites. As the premier book and music advertiser on LookSmart, Amazon.com will also receive extensive promotional exposure throughout the LookSmart network. About LookSmart LookSmart (Nasdaq:LOOK) is a global leader of Internet search infrastructure, dedicated to helping the world find useful stuff quickly. LookSmart's search and directory service reaches over 45 million people a month -- nearly 70 percent of all Internet users in the U.S. -- through LookSmart's partner sites. LookSmart has launched sites for the U.S., the U.K., Canada, Australia, the Netherlands, Singapore, Malaysia and New Zealand, built directories for 17 countries, including, Japan, Korea, Mexico and Brazil, and has directories for another four countries in development. LookSmart's search solutions include a collection of over 1.5 million high quality URLs organized into more than 100,000 categories. LookSmart currently provides its search solutions to leading Internet portals, ISPs and Web sites including The Microsoft Network, Netscape Netcenter, Time Warner Inc., Excite@Home, Sony, British Telecom, US West, AltaVista, NetZero, over 370 Internet Service Providers, and 600,000 Web sites. Through its partnership with Cox Interactive Media, LookSmart also offers one of the largest collections of quality local Web content in more than 70 U.S. markets. The company is headquartered in San Francisco and can be contacted at 415/348-7000 or visited at www.looksmart.com. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and Sept. 30, 1999.
<p>SAN FRANCISCO and SEATTLE--Feb. 14, 2000-- LookSmart (Nasdaq:LOOK), a global leader of Internet search infrastructure, and Amazon.com, Inc. (Nasdaq:AMZN), today announced a year long exclusive advertising agreement.</p><p>Under this agreement, Amazon.com will be the exclusive book and music seller on LookSmart (www.looksmart.com) and will be featured throughout LookSmart's distribution network of partner sites, which reaches over 45 million people a month. LookSmart will offer users direct links to related Amazon.com book and music titles from every LookSmart search result and related book and music category page.</p><p>"This new alliance with Amazon.com provides LookSmart users with seamless integrated access to the largest selection of books and music on the Internet," said Brian Cowley, senior vice president of global sales at LookSmart. "We're proud to bring on such a high quality leading advertiser like Amazon.com, who will now have unparalleled access to LookSmart's massive distribution network, including Internet portals, media companies, Internet service providers and affiliates.</p><p>"This deal further demonstrates how LookSmart creates value for leading advertisers on the Web."</p><p>"Working with LookSmart and their access to tens of millions of Internet users will allow us to further expand the reach and visibility of Amazon.com," said Doug Boake, vice president of business development at Amazon.com. "This agreement furthers our strategy of providing customers with as many possible points of access to Amazon.com and our vast selection of titles in a high quality environment like LookSmart."</p><p>The new service offers users the opportunity to review and purchase relevant book and music titles from Amazon.com through LookSmart. The service will be integrated throughout the LookSmart network including the BeSeen.com and Inside-the-Web network of sites. As the premier book and music advertiser on LookSmart, Amazon.com will also receive extensive promotional exposure throughout the LookSmart network.</p><p>About LookSmart</p><p>LookSmart (Nasdaq:LOOK) is a global leader of Internet search infrastructure, dedicated to helping the world find useful stuff quickly. LookSmart's search and directory service reaches over 45 million people a month -- nearly 70 percent of all Internet users in the U.S. -- through LookSmart's partner sites. LookSmart has launched sites for the U.S., the U.K., Canada, Australia, the Netherlands, Singapore, Malaysia and New Zealand, built directories for 17 countries, including, Japan, Korea, Mexico and Brazil, and has directories for another four countries in development.</p><p>LookSmart's search solutions include a collection of over 1.5 million high quality URLs organized into more than 100,000 categories. LookSmart currently provides its search solutions to leading Internet portals, ISPs and Web sites including The Microsoft Network, Netscape Netcenter, Time Warner Inc., Excite@Home, Sony, British Telecom, US West, AltaVista, NetZero, over 370 Internet Service Providers, and 600,000 Web sites.</p><p>Through its partnership with Cox Interactive Media, LookSmart also offers one of the largest collections of quality local Web content in more than 70 U.S. markets. The company is headquartered in San Francisco and can be contacted at 415/348-7000 or visited at www.looksmart.com.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards.</p><p>Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and Sept. 30, 1999.</p>
Amazon.com, Inc. Announces Pricing of Public Offering of 6 7/8% Convertible Subordinated Notes Due 2010
/news/news-details/2000/Amazon.com-Inc.-Announces-Pricing-of-Public-Offering-of-6-7-8-Convertible-Subordinated-Notes-Due-2010/default.aspx
Amazon.com-Inc.-Announces-Pricing-of-Public-Offering-of-6-7-8-Convertible-Subordinated-Notes-Due-2010
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Amazon.com, Inc. Announces Pricing of Public Offering of 6 7/8% Convertible Subordinated Notes Due 2010
02/11/2000
2000
SEATTLE--February 11, 2000--Amazon.com, Inc. (NASDAQ: AMZN) announced today that it has priced a public offering of 690,000,000 Euros aggregate principal amount of its 6 7/8% Convertible Subordinated Notes due 2010. The notes will be offered at par. The notes and shares of common stock of the company issuable upon conversion of the notes are covered by the company's existing shelf registration statement. An underwriting group led by Morgan Stanley Dean Witter and including Credit Suisse First Boston and Donaldson, Lufkin & Jenrette will offer the notes. Amazon.com is the world's leading online retailer. Amazon.com directly offers for sale millions of distinct items in categories such as books, music, toys, electronics, videos, DVDs, home improvement products, software and video games. Amazon.com has served over 17 million customer accounts in 150 countries. In addition to its US Web site, the company currently has two internationally focused Web sites: www.amazon.co.uk, which targets the United Kingdom, and www.amazon.de, which targets Germany. Amazon.com's corporate headquarters are at 1200 12th Avenue, Suite 1200, Seattle, WA 98144-2734, www.amazon.com. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities. An offering shall only be made by means of the prospectus supplement and prospectus. Written copies of the prospectus supplement and prospectus may be obtained, when available, by contacting Morgan Stanley Dean Witter at 25 Cabot Square, London, England, E14, 0171-425-6666 or 1585 Broadway, New York, NY, USA, 10036-8293, 212-761-4000. This news release contains certain forward-looking statements that involve risks and uncertainties. Actual results may vary. Factors that could cause actual results to vary include those discussed in the prospectus supplement and prospectus and Amazon.com's other Securities and Exchange Commission filings.
<p>SEATTLE--February 11, 2000--Amazon.com, Inc. (NASDAQ: AMZN) announced today that it has priced a public offering of 690,000,000 Euros aggregate principal amount of its 6 7/8% Convertible Subordinated Notes due 2010. The notes will be offered at par.</p><p>The notes and shares of common stock of the company issuable upon conversion of the notes are covered by the company's existing shelf registration statement.</p><p>An underwriting group led by Morgan Stanley Dean Witter and including Credit Suisse First Boston and Donaldson, Lufkin &amp; Jenrette will offer the notes.</p><p>Amazon.com is the world's leading online retailer. Amazon.com directly offers for sale millions of distinct items in categories such as books, music, toys, electronics, videos, DVDs, home improvement products, software and video games. Amazon.com has served over 17 million customer accounts in 150 countries.</p><p>In addition to its US Web site, the company currently has two internationally focused Web sites: www.amazon.co.uk, which targets the United Kingdom, and www.amazon.de, which targets Germany.</p><p>Amazon.com's corporate headquarters are at 1200 12th Avenue, Suite 1200, Seattle, WA 98144-2734, www.amazon.com.</p><p>This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities. An offering shall only be made by means of the prospectus supplement and prospectus. Written copies of the prospectus supplement and prospectus may be obtained, when available, by contacting Morgan Stanley Dean Witter at 25 Cabot Square, London, England, E14, 0171-425-6666 or 1585 Broadway, New York, NY, USA, 10036-8293, 212-761-4000.</p><p>This news release contains certain forward-looking statements that involve risks and uncertainties. Actual results may vary. Factors that could cause actual results to vary include those discussed in the prospectus supplement and prospectus and Amazon.com's other Securities and Exchange Commission filings.</p>
Amazon.com Launches Toolcrib.Amazon.com, a Tools and Equipment Store for Professional Tool Users and Woodworkers; Store's Wide Selection Includes Latest Tool Innovations and Tool Tests from Tools of the Trade
/news/news-details/2000/Amazon.com-Launches-Toolcrib.Amazon.com-a-Tools-and-Equipment-Store-for-Professional-Tool-Users-and-Woodworkers-Stores-Wide-Selection-Includes-Latest-Tool-Innovations-and-Tool-Tests-from-Tools-of-the-Trade/default.aspx
Amazon.com-Launches-Toolcrib.Amazon.com-a-Tools-and-Equipment-Store-for-Professional-Tool-Users-and-Woodworkers-Stores-Wide-Selection-Includes-Latest-Tool-Innovations-and-Tool-Tests-from-Tools-of-the-Trade
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Amazon.com Launches Toolcrib.Amazon.com, a Tools and Equipment Store for Professional Tool Users and Woodworkers; Store's Wide Selection Includes Latest Tool Innovations and Tool Tests from Tools of the Trade
02/09/2000
2000
SEATTLE--February 9, 2000--Leading online retailer Amazon.com (www.amazon.com) today announced the launch of toolcrib.amazon.com, a new store featuring a wide selection of tools and equipment for professional tool users and woodworkers. Professional tool users and woodworkers can shop the new tools and equipment store at www.toolcrib.amazon.com as well as from the Amazon.com Home Improvement home page. The store opens today. "Professional tool users and woodworkers are looking for a different selection and need different information from do-it-yourselfers," said Joe Galli, Amazon.com president and COO. "Toolcrib.amazon.com combines the authority of Tool Crib of the North and Amazon.com to create the right shopping experience for the professional tool user and woodworker." Amazon.com acquired Tool Crib of the North's online and catalog sales division in October 1999 and continues to distribute the tools and equipment catalog. Tool Crib of the North has more than 50 years of experience serving the tool and equipment needs of people who make their living using tools. "From safety equipment and scaffolding to concrete mixers and the hottest new industrial-grade tools, professional contractors can find everything they need for their job sites at toolcrib.amazon.com," said Galli. The new store will include full line listings from well-known tool manufacturers such as DeWalt, Delta, Makita, Porter Cable, Bosch, and Hitachi. Customers will be able to browse products in 20 categories: accessories, air tools, clamps, corded tools, cordless tools, gas-powered equipment, hand tools, heaters and fans, job site office, ladders and scaffolding, lighting, material handling, measuring instruments, power supplies, radios, safety equipment, tool storage, vacuums and dust collectors, work support, and work wear. To help professionals choose the right tools and equipment from this vast selection, the store will feature tool tests conducted by Tools of the Trade magazine, the authoritative source for tool information. Customer reviews, a feature Amazon.com made familiar to millions of Internet shoppers, will also be available on the site. In addition, a new products section will showcase the latest industrial-grade tools that increase productivity. Amazon.com also has a Home Improvement store specializing in products for the homeowner, hobbyist, and do-it-yourselfer at www.amazon.com/homeimprovement. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady™ portable digital audio devices, at www.audible.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>SEATTLE--February 9, 2000--Leading online retailer Amazon.com (www.amazon.com) today announced the launch of toolcrib.amazon.com, a new store featuring a wide selection of tools and equipment for professional tool users and woodworkers.</p><p>Professional tool users and woodworkers can shop the new tools and equipment store at www.toolcrib.amazon.com as well as from the Amazon.com Home Improvement home page. The store opens today.</p><p>"Professional tool users and woodworkers are looking for a different selection and need different information from do-it-yourselfers," said Joe Galli, Amazon.com president and COO. "Toolcrib.amazon.com combines the authority of Tool Crib of the North and Amazon.com to create the right shopping experience for the professional tool user and woodworker."</p><p>Amazon.com acquired Tool Crib of the North's online and catalog sales division in October 1999 and continues to distribute the tools and equipment catalog. Tool Crib of the North has more than 50 years of experience serving the tool and equipment needs of people who make their living using tools.</p><p>"From safety equipment and scaffolding to concrete mixers and the hottest new industrial-grade tools, professional contractors can find everything they need for their job sites at toolcrib.amazon.com," said Galli.</p><p>The new store will include full line listings from well-known tool manufacturers such as DeWalt, Delta, Makita, Porter Cable, Bosch, and Hitachi. Customers will be able to browse products in 20 categories: accessories, air tools, clamps, corded tools, cordless tools, gas-powered equipment, hand tools, heaters and fans, job site office, ladders and scaffolding, lighting, material handling, measuring instruments, power supplies, radios, safety equipment, tool storage, vacuums and dust collectors, work support, and work wear.</p><p>To help professionals choose the right tools and equipment from this vast selection, the store will feature tool tests conducted by Tools of the Trade magazine, the authoritative source for tool information. Customer reviews, a feature Amazon.com made familiar to millions of Internet shoppers, will also be available on the site. In addition, a new products section will showcase the latest industrial-grade tools that increase productivity.</p><p>Amazon.com also has a Home Improvement store specializing in products for the homeowner, hobbyist, and do-it-yourselfer at www.amazon.com/homeimprovement.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service--with operations in Seattle; Portland, Oregon; and Southern California--at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady™ portable digital audio devices, at www.audible.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Amazon.com and PEN American Center Introduce the PEN/Amazon.com Short Story Award for Unpublished Writers
/news/news-details/2000/Amazon.com-and-PEN-American-Center-Introduce-the-PEN-Amazon.com-Short-Story-Award-for-Unpublished-Writers/default.aspx
Amazon.com-and-PEN-American-Center-Introduce-the-PEN-Amazon.com-Short-Story-Award-for-Unpublished-Writers
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Amazon.com and PEN American Center Introduce the PEN/Amazon.com Short Story Award for Unpublished Writers
02/08/2000
2000
to literature, Amazon.com (Nasdaq:AMZN) (www.amazon.com) today launched the PEN/Amazon.com Short Story Award. A collaboration between Amazon.com, the No. 1 online book retailer, and PEN American Center, the foremost organization of American writers and editors, the contest invites unpublished writers to submit original short story manuscripts. Each manuscript will compete for a $10,000 cash grant and publication at Amazon.com and in The Boston Book Review. The judging panel is composed of three PEN writers: David Guterson, author of the award-winning Snow Falling on Cedars; Jamaica Kincaid, author of Annie John and Autobiography of My Mother; and poet, novelist, short story writer, and filmmaker Sherman Alexie, author of The Lone Ranger and Tonto Fistfight in Heaven. Joining 16 other PEN literary honors, the PEN/Amazon.com Short Story Award will be presented at the annual PEN Literary Awards Ceremony on May 15, 2000, at the Walter Reade Theatre in New York City's Lincoln Center. In addition to having the opportunity to meet and mingle with attending PEN members -- including well-known authors, editors, and literary critics -- the winning writer will gain exposure to millions of book-loving readers when the winning manuscript is published online at Amazon.com and in The Boston Book Review, a premier independent literary arts magazine. "Since 1995, the Amazon.com site has served as a gathering place for millions of people who love books as much as we do," said Nicholas H. Allison, editor in chief, Amazon.com Book Store. "We're thrilled to be partnering with an organization of PEN's stature, helping foster great writing and putting that writing before the millions of readers who visit our site." "For over three decades, PEN's literary awards have recognized excellent writing in every genre," said Michael Roberts, executive director of PEN American Center. "PEN is delighted to join Amazon.com to help open doors for unpublished writers and, through Amazon.com's extraordinary reach into the worldwide community of readers, to gain greater recognition for all PEN's work on behalf of literature." The PEN/Amazon.com Short Story Award entry is open to any writer whose fiction has not appeared in a book or nationally distributed publication with a circulation over 5,000. To participate, writers must be over the age of 18 and residents of either the United States or Canada. Manuscript submissions must be postmarked on or before March 24, 2000. Final typed and double-spaced manuscripts should be e-mailed to shortstory@amazon.com or mailed to The PEN/Amazon.com Short Story Award; P.O. Box 80727; Seattle, Washington, 98108. Submitted manuscripts will not be returned. Additional award information and a complete set of rules can be found at www.amazon.com/shortstory. There is no fee to enter. About PEN American Center PEN American Center is a fellowship of writers dedicated to advancing the cause of literature and reading in the United States and defending free expression around the world. Headquartered in New York, it is the largest of 131 International PEN Centers worldwide, with some 2,700 members (poets, playwrights, essayists, editors, novelists, and translators) across the United States. The PEN/Amazon.com Short Story Award joins 16 other literary prizes and awards administered by PEN American Center recognizing literary excellence in a variety of genres through such prizes as the PEN/Nabokov Award, the PEN/Laura Pels Foundation Awards for Drama, and the PEN/Book-of-the-Month Club Translation Prize. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk/ and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com/. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>to literature, Amazon.com (Nasdaq:AMZN) (www.amazon.com) today launched the PEN/Amazon.com Short Story Award.</p><p>A collaboration between Amazon.com, the No. 1 online book retailer, and PEN American Center, the foremost organization of American writers and editors, the contest invites unpublished writers to submit original short story manuscripts. Each manuscript will compete for a $10,000 cash grant and publication at Amazon.com and in The Boston Book Review.</p><p>The judging panel is composed of three PEN writers: David Guterson, author of the award-winning Snow Falling on Cedars; Jamaica Kincaid, author of Annie John and Autobiography of My Mother; and poet, novelist, short story writer, and filmmaker Sherman Alexie, author of The Lone Ranger and Tonto Fistfight in Heaven.</p><p>Joining 16 other PEN literary honors, the PEN/Amazon.com Short Story Award will be presented at the annual PEN Literary Awards Ceremony on May 15, 2000, at the Walter Reade Theatre in New York City's Lincoln Center. In addition to having the opportunity to meet and mingle with attending PEN members -- including well-known authors, editors, and literary critics -- the winning writer will gain exposure to millions of book-loving readers when the winning manuscript is published online at Amazon.com and in The Boston Book Review, a premier independent literary arts magazine.</p><p>"Since 1995, the Amazon.com site has served as a gathering place for millions of people who love books as much as we do," said Nicholas H. Allison, editor in chief, Amazon.com Book Store. "We're thrilled to be partnering with an organization of PEN's stature, helping foster great writing and putting that writing before the millions of readers who visit our site."</p><p>"For over three decades, PEN's literary awards have recognized excellent writing in every genre," said Michael Roberts, executive director of PEN American Center. "PEN is delighted to join Amazon.com to help open doors for unpublished writers and, through Amazon.com's extraordinary reach into the worldwide community of readers, to gain greater recognition for all PEN's work on behalf of literature."</p><p>The PEN/Amazon.com Short Story Award entry is open to any writer whose fiction has not appeared in a book or nationally distributed publication with a circulation over 5,000. To participate, writers must be over the age of 18 and residents of either the United States or Canada.</p><p>Manuscript submissions must be postmarked on or before March 24, 2000. Final typed and double-spaced manuscripts should be e-mailed to shortstory@amazon.com or mailed to The PEN/Amazon.com Short Story Award; P.O. Box 80727; Seattle, Washington, 98108. Submitted manuscripts will not be returned. Additional award information and a complete set of rules can be found at www.amazon.com/shortstory. There is no fee to enter.</p><p>About PEN American Center</p><p>PEN American Center is a fellowship of writers dedicated to advancing the cause of literature and reading in the United States and defending free expression around the world. Headquartered in New York, it is the largest of 131 International PEN Centers worldwide, with some 2,700 members (poets, playwrights, essayists, editors, novelists, and translators) across the United States.</p><p>The PEN/Amazon.com Short Story Award joins 16 other literary prizes and awards administered by PEN American Center recognizing literary excellence in a variety of genres through such prizes as the PEN/Nabokov Award, the PEN/Laura Pels Foundation Awards for Drama, and the PEN/Book-of-the-Month Club Translation Prize.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk/ and www.amazon.de. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady(TM) portable digital audio devices, at www.audible.com/.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Amazon.com, Inc. Announces Plans to Issue Convertible Subordinated Notes
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Amazon.com, Inc. Announces Plans to Issue Convertible Subordinated Notes
02/07/2000
2000
SEATTLE--Feb. 7, 2000--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it would file a prospectus supplement with the Securities and Exchange Commission to sell up to 600MM of Euro Denominated Convertible Subordinated Notes Due 2010 (excluding proceeds, if any, from the over-allotment option). The notes and shares of the common stock of the company issuable upon conversion of the notes are covered by the company's existing shelf registration statement. An underwriting group led by Morgan Stanley Dean Witter will market the notes to the public. Amazon.com is the world's leading online retailer. Amazon.com directly offers for sale millions of distinct items in categories such as books, music, toys, electronics, videos, DVDs, home improvement products, software and video games. Amazon.com has served over 17 million customer accounts in 150 countries. In addition to its U.S. Web site, the Company currently has two internationally focused Web sites: www.amazon.co.uk, which targets the United Kingdom, and www.amazon.de, which targets Germany. Amazon.com's corporate headquarters are at 1200 12th Ave. South, Suite 1200, Seattle, WA 98144-2734, 206/266-1000; www.amazon.com. This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities. An offering shall only be made by means of the prospectus supplement and prospectus. Written copies of the prospectus supplement and prospectus may be obtained, when available, by contacting Morgan Stanley Dean Witter at 25 Cabot Square, London, England, E14, 0171-425-6666 or 1585 Broadway, New York, N.Y., U.S.A., 10036-8293, 212/761-4000. This press release contains certain forward-looking statements that involve risks and uncertainties. Actual results may vary. Factors that could cause actual results to vary include those discussed in the prospectus supplement and prospectus and Amazon.com's other Securities and Exchange Commission filings.
<p>SEATTLE--Feb. 7, 2000--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it would file a prospectus supplement with the Securities and Exchange Commission to sell up to 600MM of Euro Denominated Convertible Subordinated Notes Due 2010 (excluding proceeds, if any, from the over-allotment option).</p><p>The notes and shares of the common stock of the company issuable upon conversion of the notes are covered by the company's existing shelf registration statement.</p><p>An underwriting group led by Morgan Stanley Dean Witter will market the notes to the public.</p><p>Amazon.com is the world's leading online retailer. Amazon.com directly offers for sale millions of distinct items in categories such as books, music, toys, electronics, videos, DVDs, home improvement products, software and video games. Amazon.com has served over 17 million customer accounts in 150 countries.</p><p>In addition to its U.S. Web site, the Company currently has two internationally focused Web sites: www.amazon.co.uk, which targets the United Kingdom, and www.amazon.de, which targets Germany.</p><p>Amazon.com's corporate headquarters are at 1200 12th Ave. South, Suite 1200, Seattle, WA 98144-2734, 206/266-1000; www.amazon.com.</p><p>This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities. An offering shall only be made by means of the prospectus supplement and prospectus. Written copies of the prospectus supplement and prospectus may be obtained, when available, by contacting Morgan Stanley Dean Witter at 25 Cabot Square, London, England, E14, 0171-425-6666 or 1585 Broadway, New York, N.Y., U.S.A., 10036-8293, 212/761-4000.</p><p>This press release contains certain forward-looking statements that involve risks and uncertainties. Actual results may vary. Factors that could cause actual results to vary include those discussed in the prospectus supplement and prospectus and Amazon.com's other Securities and Exchange Commission filings.</p>
Amazon.com Auctions and zShops Provide New Tools to Its Merchant Community; Sellers Can Now Use ePoster2000 Software by AuctionPoster.com for Enhanced Listings
/news/news-details/2000/Amazon.com-Auctions-and-zShops-Provide-New-Tools-to-Its-Merchant-Community-Sellers-Can-Now-Use-ePoster2000-Software-by-AuctionPoster.com-for-Enhanced-Listings/default.aspx
Amazon.com-Auctions-and-zShops-Provide-New-Tools-to-Its-Merchant-Community-Sellers-Can-Now-Use-ePoster2000-Software-by-AuctionPoster.com-for-Enhanced-Listings
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Amazon.com Auctions and zShops Provide New Tools to Its Merchant Community; Sellers Can Now Use ePoster2000 Software by AuctionPoster.com for Enhanced Listings
02/03/2000
2000
SEATTLE and FOSTER CITY, Calif.--Feb. 3, 2000--Amazon.com, the leading online retailer, and AuctionPoster.com, Inc., today announced the availability of ePoster2000 for Amazon.com Auctions and zShops sellers. With full functional support for Amazon.com Auctions and zShops, ePoster2000, an updated version of the popular auction-listing automation software AuctionPoster98, was officially launched today by AuctionPoster.com, Inc. Amazon.com's sellers can now download ePoster2000 from www.auctionposter.com/amazon for use when creating Amazon.com zShops and Auctions listings. "We are constantly looking at ways to improve both the selling and buying experience for our customers," said Erich Ringewald, vice president and general manager, Amazon.com. "ePoster2000 provides effective listing tools that make it easy and fast for high-volume sellers to create great listings, therefore providing a better experience for our more than 17 million shoppers." "Amazon.com has the largest audience of buyers on the Web and a clear understanding of the needs of small businesses selling online," said Jeff Schlicht, CEO of AuctionPoster.com. "Before today, we provided high-volume sellers the leading tool for easily creating and managing the most effective online sales. Now we are extending that capability to Amazon.com Auctions and zShops sellers, helping them sell more effectively. We've changed the name of our product from AuctionPoster98 to ePoster2000 to reflect the growing importance of new forms of e-tailing provided by online auction, retail, and classifieds sites." ePoster2000 is PC software that helps automate the creation and posting of online seller listings through professionally designed customizable themes and templates, enabling online sellers to create professional listings quickly without knowing any HTML. The software, which includes a built-in spellchecker, automates data entry and allows sellers to store and reuse their listing templates. Sellers use the 1-step posting feature to post their listings to supported sites automatically. ePoster2000 also automates the task of posting and managing pictures and offers counters for tracking the effectiveness of their listings. ePoster2000 supports the many existing features and tools Amazon.com provides to help its sellers succeed. Amazon.com's browse and search functions, 1-Click(R) credit card payment technology, Bid-Click, CrossLinks, and First Bidder Discount allow online Auctions and zShops sellers to capitalize on some of the features and functionality that have made Amazon.com the most popular online shopping site. The first 10,000 merchants and online sellers who download ePoster2000 and post a listing to Amazon.com zShops or Amazon.com Auctions will receive three months of free use of the software. All others can download ePoster2000 for a free trial of one week. For more detailed pricing information, or to download ePoster2000 for a free trial, visit www.AuctionPoster.com. About AuctionPoster.com, Inc. AuctionPoster.com provides software and services to enable online sellers to create online auction, storefront, and classified listings easily, quickly, cost-effectively, and professionally. AuctionPoster software and services provide professional results to nontechnical businesspeople, empowering a whole new segment of online sellers. AuctionPoster.com provides the tools and support to enable sellers to get superior results. Used by some of the most active online sellers, AuctionPoster.com customers have over 30,000 online auctions running daily on popular online marketplace sites, including Amazon.com. AuctionPoster.com is a privately held company located in Foster City, Calif. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>SEATTLE and FOSTER CITY, Calif.--Feb. 3, 2000--Amazon.com, the leading online retailer, and AuctionPoster.com, Inc., today announced the availability of ePoster2000 for Amazon.com Auctions and zShops sellers.</p><p>With full functional support for Amazon.com Auctions and zShops, ePoster2000, an updated version of the popular auction-listing automation software AuctionPoster98, was officially launched today by AuctionPoster.com, Inc. Amazon.com's sellers can now download ePoster2000 from www.auctionposter.com/amazon for use when creating Amazon.com zShops and Auctions listings.</p><p>"We are constantly looking at ways to improve both the selling and buying experience for our customers," said Erich Ringewald, vice president and general manager, Amazon.com. "ePoster2000 provides effective listing tools that make it easy and fast for high-volume sellers to create great listings, therefore providing a better experience for our more than 17 million shoppers."</p><p>"Amazon.com has the largest audience of buyers on the Web and a clear understanding of the needs of small businesses selling online," said Jeff Schlicht, CEO of AuctionPoster.com. "Before today, we provided high-volume sellers the leading tool for easily creating and managing the most effective online sales. Now we are extending that capability to Amazon.com Auctions and zShops sellers, helping them sell more effectively. We've changed the name of our product from AuctionPoster98 to ePoster2000 to reflect the growing importance of new forms of e-tailing provided by online auction, retail, and classifieds sites."</p><p>ePoster2000 is PC software that helps automate the creation and posting of online seller listings through professionally designed customizable themes and templates, enabling online sellers to create professional listings quickly without knowing any HTML. The software, which includes a built-in spellchecker, automates data entry and allows sellers to store and reuse their listing templates. Sellers use the 1-step posting feature to post their listings to supported sites automatically. ePoster2000 also automates the task of posting and managing pictures and offers counters for tracking the effectiveness of their listings.</p><p>ePoster2000 supports the many existing features and tools Amazon.com provides to help its sellers succeed. Amazon.com's browse and search functions, 1-Click(R) credit card payment technology, Bid-Click, CrossLinks, and First Bidder Discount allow online Auctions and zShops sellers to capitalize on some of the features and functionality that have made Amazon.com the most popular online shopping site.</p><p>The first 10,000 merchants and online sellers who download ePoster2000 and post a listing to Amazon.com zShops or Amazon.com Auctions will receive three months of free use of the software. All others can download ePoster2000 for a free trial of one week. For more detailed pricing information, or to download ePoster2000 for a free trial, visit www.AuctionPoster.com.</p><p>About AuctionPoster.com, Inc.</p><p>AuctionPoster.com provides software and services to enable online sellers to create online auction, storefront, and classified listings easily, quickly, cost-effectively, and professionally. AuctionPoster software and services provide professional results to nontechnical businesspeople, empowering a whole new segment of online sellers. AuctionPoster.com provides the tools and support to enable sellers to get superior results. Used by some of the most active online sellers, AuctionPoster.com customers have over 30,000 online auctions running daily on popular online marketplace sites, including Amazon.com. AuctionPoster.com is a privately held company located in Foster City, Calif.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Amazon.com Makes Equity Investment in Greg Manning Auctions, Inc.
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Amazon.com Makes Equity Investment in Greg Manning Auctions, Inc.
02/03/2000
2000
(Nasdaq:GMAI), jointly announced today that Amazon.com has made a minority investment in GMAI, purchasing $5 million of GMAI's stock. Additional terms of the investment were not disclosed. In a related agreement, Amazon.com and GMAI formed a marketing alliance whereby GMAI will provide Amazon.com customers with high-interest, quality collectible offerings on Amazon.com Auctions and zShops with branding of a Greg Manning banner. GMAI will offer unique benefits to Amazon.com's more than 17 million customers, who may be interested in collecting stamps, coins, sports cards, sports memorabilia, comics, Hollywood and movie memorabilia, music and rock & roll memorabilia, movie posters, and other collectibles. Additional terms of the marketing agreement were not disclosed. "Greg Manning Auctions is known worldwide for the breadth, depth, and quality of its collectibles offerings," said Jeff Bezos, founder and CEO, Amazon.com. "They care deeply about serving customers in a prompt, efficient manner and offer items of only the highest quality." Greg Manning, chairman and CEO of Greg Manning Auctions, said, "To have a company of the stature of Amazon.com make an equity investment in our company marks a significant milestone in the development of GMAI. Over the past year, we've invested considerable time and resources enhancing our own product offerings, solidifying our leading positions in the collectibles markets, and honing our e-commerce skills. We are now positioned to offer Amazon.com's more than 17 million customers our renowned service and products while at the same time continuing to serve the tens of thousands of loyal GMAI customers to whom we offer each week on our sites over 5,000 auction and retail items." About Greg Manning Auctions, Inc. Greg Manning Auctions, Inc., is a global leader in the online auctions and online retail sale of collectibles. Through its operations in the United States (www.gregmanning.com) and www.teletrade.com/, China (www.iatoz.com), and Europe (www.gmai-europe.com), the company offers one of the richest reservoirs of collectibles in the world, including stamps, coins, sports memorabilia, sports cards, rock & roll memorabilia, movie posters, diamonds, comics, and fine art. Through its subsidiary, GMAI-Asia.com, Inc., the company is taking advantage of the significant e-commerce and Internet opportunity that exists in China. Its www.iatoz.com site has greatly expanded upon the collectible offerings of GMAI by offering a myriad of other product lines, and positions the company as the leading consumer-to-consumer, business-to-consumer, and business-to-business Internet trading platform in China. GMAI-Asia.com, Inc. maintains a workforce of more than 1,000 and anticipates year 2000 sales to exceed $100 million. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. Statements in this press release that relate to future plans, objectives, expectations, performance, events, and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Future events, risks, and uncertainties, individually or in the aggregate, could cause actual results to differ materially from those expressed or implied in these statements. Those factors include the parties' abilities to develop, implement, integrate, and launch the services and offerings described herein, and other factors discussed in the "forward-looking information" or "risk factors" sections included in the companies' prospectuses, quarterly reports on Form 10-Q, and annual reports on Form 10-K.
<p>(Nasdaq:GMAI), jointly announced today that Amazon.com has made a minority investment in GMAI, purchasing $5 million of GMAI's stock. Additional terms of the investment were not disclosed.</p><p>In a related agreement, Amazon.com and GMAI formed a marketing alliance whereby GMAI will provide Amazon.com customers with high-interest, quality collectible offerings on Amazon.com Auctions and zShops with branding of a Greg Manning banner. GMAI will offer unique benefits to Amazon.com's more than 17 million customers, who may be interested in collecting stamps, coins, sports cards, sports memorabilia, comics, Hollywood and movie memorabilia, music and rock &amp; roll memorabilia, movie posters, and other collectibles. Additional terms of the marketing agreement were not disclosed.</p><p>"Greg Manning Auctions is known worldwide for the breadth, depth, and quality of its collectibles offerings," said Jeff Bezos, founder and CEO, Amazon.com. "They care deeply about serving customers in a prompt, efficient manner and offer items of only the highest quality."</p><p>Greg Manning, chairman and CEO of Greg Manning Auctions, said, "To have a company of the stature of Amazon.com make an equity investment in our company marks a significant milestone in the development of GMAI. Over the past year, we've invested considerable time and resources enhancing our own product offerings, solidifying our leading positions in the collectibles markets, and honing our e-commerce skills. We are now positioned to offer Amazon.com's more than 17 million customers our renowned service and products while at the same time continuing to serve the tens of thousands of loyal GMAI customers to whom we offer each week on our sites over 5,000 auction and retail items."</p><p>About Greg Manning Auctions, Inc.</p><p>Greg Manning Auctions, Inc., is a global leader in the online auctions and online retail sale of collectibles. Through its operations in the United States (www.gregmanning.com) and www.teletrade.com/, China (www.iatoz.com), and Europe (www.gmai-europe.com), the company offers one of the richest reservoirs of collectibles in the world, including stamps, coins, sports memorabilia, sports cards, rock &amp; roll memorabilia, movie posters, diamonds, comics, and fine art.</p><p>Through its subsidiary, GMAI-Asia.com, Inc., the company is taking advantage of the significant e-commerce and Internet opportunity that exists in China. Its www.iatoz.com site has greatly expanded upon the collectible offerings of GMAI by offering a myriad of other product lines, and positions the company as the leading consumer-to-consumer, business-to-consumer, and business-to-business Internet trading platform in China. GMAI-Asia.com, Inc. maintains a workforce of more than 1,000 and anticipates year 2000 sales to exceed $100 million.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><p>Statements in this press release that relate to future plans, objectives, expectations, performance, events, and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Future events, risks, and uncertainties, individually or in the aggregate, could cause actual results to differ materially from those expressed or implied in these statements. Those factors include the parties' abilities to develop, implement, integrate, and launch the services and offerings described herein, and other factors discussed in the "forward-looking information" or "risk factors" sections included in the companies' prospectuses, quarterly reports on Form 10-Q, and annual reports on Form 10-K.</p>
Amazon.com DVD & Video Store Revenues Exceed $64 Million in Fourth Quarter 1999, Solidifying Its Position as No. 1 Online DVD & Video Retailer
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Amazon.com DVD & Video Store Revenues Exceed $64 Million in Fourth Quarter 1999, Solidifying Its Position as No. 1 Online DVD & Video Retailer
02/02/2000
2000
Amazon.com DVD & Video Store Revenues Exceed $64 Million in Fourth Quarter 1999, Solidifying Its Position as No. 1 Online DVD & Video Retailer SEATTLE--Feb. 2, 2000--Leading online retailer Amazon.com (www.amazon.com) (Nasdaq:AMZN) today announced that its DVD & Video Store sales exceeded $64 million during the fourth quarter of 1999, putting the business over a $250 million annualized run rate and reinforcing Amazon.com's position as the No. 1 online DVD and video retailer. Consistent with earlier quarters, more than half of the DVD & Video Store's fourth quarter revenue came from the DVD category, making Amazon.com the online leader in DVD sales. After opening its DVD & Video Store in November 1998, Amazon.com in 1999 quickly established itself as one of the DVD and video industry's top retailers: -- Amazon.com was the industry's No. 3 retailer of The Matrix DVD, the biggest-selling DVD in 1999 (according to Warner Home Video). Amazon.com ensures that finding and pre-ordering hot new releases such as The Matrix is as easy for customers as possible. -- Amazon.com was the industry's No. 1 overall seller -- online or off -- in 1999 of such diverse titles as The Stanley Kubrick Collection, Wallace & Gromit video series and the Living Yoga: AM/PM Yoga for Beginners video. Proving its ability to merchandise back catalog product, Amazon.com is serving customers with titles that are difficult or impossible to find in offline DVD and video stores. -- The Amazon.com Advantage program for video was launched in July 1999, helping independent filmmakers solve the problem of securing distribution for their work. The videos The Last Broadcast and The Definite Maybe, for example, gained national attention after being discovered through Amazon.com Advantage. -- Amazon.com now offers more than 65,000 different DVD and video titles, which is nearly seven times as large as a typical offline DVD and video store. "As Amazon.com continues to expand into more categories, we remain passionate about providing our customers with the very best online DVD and video shopping experience," said Jason Kilar, general manager of Amazon.com's DVD & Video Store. "Day in and day out, our team of dedicated DVD and video experts continues to find new and better ways to serve our customers." "In little over a year, Amazon.com has emerged as a true leader in the online sales of VHS and DVD," said Patricia Wyatt, President, Fox Consumer Products, the parent of Twentieth Century Fox Home Entertainment. "Fox has benefited greatly -- as have our consumers --due to the fact that Amazon.com is a terrific source for hard-to-find classics and other back catalog titles. We expect our successful retail relationship to continue to flourish in the years to come." DVD titles played a key role in the DVD & Video Store's growth. A strong indicator of the format's growing popularity is that DVD dominated the store's 1999 top five bestselling titles. Based on units, they are: -0- *T 1) The Matrix, DVD 2) Tae-Bo Workout, VHS 3) Saving Private Ryan, DVD 4) Titanic, DVD 5) Austin Powers: The Spy Who Shagged Me, DVD *T DVD & Video Store Innovations Anticipate Changing Consumer Needs In addition to revenue growth, the Amazon.com DVD & Video store reached a number of other key milestones in 1999: -- Amazon.com was ranked as the No. 1 online DVD and video store by both Forrester PowerRankings and Gomez Advisors, Inc., a leading provider of online research and statistics. -- Ongoing integration with the Internet Movie Database (www.imdb.com), the leading online information source for movie lovers, lets customers find local theatrical showtimes, order related movie products, and post reviews for over 150,000 movies. Customers can also sign up for e-mail notification for when a movie will be released on DVD and video, allowing them to pre-order the title easily. -- In alliance with DreamWorks Pictures, Amazon.com created and hosted the official Web sites for American Beauty, winner of three Golden Globe(TM) awards, and the holiday theatrical hit Galaxy Quest. -- In alliance with Unapix Entertainment, Inc., Amazon.com promotes sales of Intimate Portraits, the signature Lifetime Television series, and in turn receives promotional considerations during Lifetime TV broadcasts. -- Amazon.com began streaming exclusive outtake footage from major motion pictures such as The Blair Witch Project and Austin Powers: The Spy Who Shagged Me. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 13 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>Amazon.com DVD &amp; Video Store Revenues Exceed $64 Million in Fourth Quarter 1999, Solidifying Its Position as No. 1 Online DVD &amp; Video Retailer</p><p>SEATTLE--Feb. 2, 2000--Leading online retailer Amazon.com (www.amazon.com) (Nasdaq:AMZN) today announced that its DVD &amp; Video Store sales exceeded $64 million during the fourth quarter of 1999, putting the business over a $250 million annualized run rate and reinforcing Amazon.com's position as the No. 1 online DVD and video retailer.</p><p>Consistent with earlier quarters, more than half of the DVD &amp; Video Store's fourth quarter revenue came from the DVD category, making Amazon.com the online leader in DVD sales.</p><p>After opening its DVD &amp; Video Store in November 1998, Amazon.com in 1999 quickly established itself as one of the DVD and video industry's top retailers:</p><p>-- Amazon.com was the industry's No. 3 retailer of The Matrix DVD,</p><pre> the biggest-selling DVD in 1999 (according to Warner Home Video). Amazon.com ensures that finding and pre-ordering hot new releases such as The Matrix is as easy for customers as possible.-- Amazon.com was the industry's No. 1 overall seller -- online or off -- in 1999 of such diverse titles as The Stanley Kubrick Collection, Wallace &amp; Gromit video series and the Living Yoga: AM/PM Yoga for Beginners video. Proving its ability to merchandise back catalog product, Amazon.com is serving customers with titles that are difficult or impossible to find in offline DVD and video stores.-- The Amazon.com Advantage program for video was launched in July 1999, helping independent filmmakers solve the problem of securing distribution for their work. The videos The Last Broadcast and The Definite Maybe, for example, gained national attention after being discovered through Amazon.com Advantage.-- Amazon.com now offers more than 65,000 different DVD and video titles, which is nearly seven times as large as a typical offline DVD and video store. "As Amazon.com continues to expand into more categories, we</pre><p>remain passionate about providing our customers with the very best online DVD and video shopping experience," said Jason Kilar, general manager of Amazon.com's DVD &amp; Video Store. "Day in and day out, our team of dedicated DVD and video experts continues to find new and better ways to serve our customers."</p><p>"In little over a year, Amazon.com has emerged as a true leader in the online sales of VHS and DVD," said Patricia Wyatt, President, Fox Consumer Products, the parent of Twentieth Century Fox Home Entertainment. "Fox has benefited greatly -- as have our consumers --due to the fact that Amazon.com is a terrific source for hard-to-find classics and other back catalog titles. We expect our successful retail relationship to continue to flourish in the years to come."</p><p>DVD titles played a key role in the DVD &amp; Video Store's growth. A strong indicator of the format's growing popularity is that DVD dominated the store's 1999 top five bestselling titles. Based on units, they are:</p><p>-0-</p><p>*T</p><p>1) The Matrix, DVD</p><p>2) Tae-Bo Workout, VHS</p><p>3) Saving Private Ryan, DVD</p><p>4) Titanic, DVD</p><p>5) Austin Powers: The Spy Who Shagged Me, DVD *T</p><p>DVD &amp; Video Store Innovations Anticipate Changing Consumer Needs</p><p>In addition to revenue growth, the Amazon.com DVD &amp; Video store reached a number of other key milestones in 1999:</p><p>-- Amazon.com was ranked as the No. 1 online DVD and video store by</p><p>both Forrester PowerRankings and Gomez Advisors, Inc., a leading</p><p>provider of online research and statistics.</p><p>-- Ongoing integration with the Internet Movie Database</p><pre> (www.imdb.com), the leading online information source for movie lovers, lets customers find local theatrical showtimes, order related movie products, and post reviews for over 150,000 movies. Customers can also sign up for e-mail notification for when a movie will be released on DVD and video, allowing them to pre-order the title easily.-- In alliance with DreamWorks Pictures, Amazon.com created and hosted the official Web sites for American Beauty, winner of three Golden Globe(TM) awards, and the holiday theatrical hit Galaxy Quest.-- In alliance with Unapix Entertainment, Inc., Amazon.com promotes sales of Intimate Portraits, the signature Lifetime Television series, and in turn receives promotional considerations during Lifetime TV broadcasts.-- Amazon.com began streaming exclusive outtake footage from major motion pictures such as The Blair Witch Project and Austin Powers: The Spy Who Shagged Me. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the</pre><p>Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer.</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide</p><p>Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 13 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Amazon.com Book Store Continues to be the Best Place for Book Lovers, as Fourth Quarter 1999 Results Strengthen Retailer's No. 1 Ranking
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Amazon.com Book Store Continues to be the Best Place for Book Lovers, as Fourth Quarter 1999 Results Strengthen Retailer's No. 1 Ranking
02/02/2000
2000
SEATTLE--Feb. 2, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) today announced that its U.S. Book Store revenue growth reached $317 million in the fourth quarter of 1999, up more than 66 percent from the fourth quarter of 1998, bringing the store's sales to an annualized run rate of more than $1.2 billion. From the third quarter to the fourth quarter, U.S. Books' growth in dollar terms was larger than the total fourth quarter sales of any other online book retailer. Since launching its online store in July 1995, Amazon.com has focused on listening to customers, innovating, and continually improving their shopping experience. Key Book Store achievements and milestones in 1999 include: -- Amazon.com continues to have the greatest selection of any online bookstore, with more than 13 million titles. -- Amazon.com was ranked as the No. 1 online book retailer by Forrester PowerRankings, Jupiter Communications, and Gomez Advisors, Inc. -- Amazon.com Advantage for Books, which gives thousands of independent publishers and authors instant access to Amazon.com's more than 16 million customers, made publishing history in 1999. Author M.J. Rose's book Lip Service became the first self-published novel to be discovered online, getting signed to a publishing contract with Pocket Books. -- Launching additional recommendation services and features such as Purchase Circles to help customers find, discover, and buy the right books. -- Even better pricing with the introduction of New York Times Best Sellers at 50% off every day. -- Increased selection with the addition of millions of used and out-of-print titles. -- Professional and Technical Store launches and the addition of numerous branded stores for specialty areas such as Java and Linux. -- Expanded expert editorial content, including an alliance with independent bookseller and Edgar-winning mystery authority Otto Penzler. His recommendations column, "Penzler's Picks," now appears regularly on the Mystery & Thrillers page. "Even as Amazon.com grows into the place where people can find, discover, and buy anything they might want online, we remain passionate about books and committed to building the best online bookstore for our customers," said Carl Gish, Amazon.com Book Store general manager. "We are constantly enhancing the store to expand selection, make it easier to use, and otherwise make the shopping experience better for our customers. Listening to our customers paid off and they rewarded us by increasing our leadership position in the fourth quarter. In fact, if you placed the books sold by Amazon.com in the fourth quarter of 1999 side to side, they would stretch 265 miles, or more than 48 times the height of Mount Everest -- including the newly calculated height." About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 13 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>SEATTLE--Feb. 2, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) today announced that its U.S. Book Store revenue growth reached $317 million in the fourth quarter of 1999, up more than 66 percent from the fourth quarter of 1998, bringing the store's sales to an annualized run rate of more than $1.2 billion.</p><p>From the third quarter to the fourth quarter, U.S. Books' growth in dollar terms was larger than the total fourth quarter sales of any other online book retailer.</p><p>Since launching its online store in July 1995, Amazon.com has focused on listening to customers, innovating, and continually improving their shopping experience. Key Book Store achievements and milestones in 1999 include:</p><p>-- Amazon.com continues to have the greatest selection of any online</p><p>bookstore, with more than 13 million titles.</p><p>-- Amazon.com was ranked as the No. 1 online book retailer by</p><p>Forrester PowerRankings, Jupiter Communications, and Gomez</p><p>Advisors, Inc.</p><p>-- Amazon.com Advantage for Books, which gives thousands of</p><pre> independent publishers and authors instant access to Amazon.com's more than 16 million customers, made publishing history in 1999. Author M.J. Rose's book Lip Service became the first self-published novel to be discovered online, getting signed to a publishing contract with Pocket Books.-- Launching additional recommendation services and features such as Purchase Circles to help customers find, discover, and buy the right books.-- Even better pricing with the introduction of New York Times Best Sellers at 50% off every day.-- Increased selection with the addition of millions of used and out-of-print titles.-- Professional and Technical Store launches and the addition of numerous branded stores for specialty areas such as Java and Linux.-- Expanded expert editorial content, including an alliance with independent bookseller and Edgar-winning mystery authority Otto Penzler. His recommendations column, "Penzler's Picks," now appears regularly on the Mystery &amp; Thrillers page. "Even as Amazon.com grows into the place where people can find,</pre><p>discover, and buy anything they might want online, we remain passionate about books and committed to building the best online bookstore for our customers," said Carl Gish, Amazon.com Book Store general manager. "We are constantly enhancing the store to expand selection, make it easier to use, and otherwise make the shopping experience better for our customers. Listening to our customers paid off and they rewarded us by increasing our leadership position in the fourth quarter. In fact, if you placed the books sold by Amazon.com in the fourth quarter of 1999 side to side, they would stretch 265 miles, or more than 48 times the height of Mount Everest -- including the newly calculated height."</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 13 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
No. 1 Online Music Retailer Amazon.com Announces Fourth Quarter 1999 Music Store Results
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No. 1 Online Music Retailer Amazon.com Announces Fourth Quarter 1999 Music Store Results
02/02/2000
2000
No. 1 Online Music Retailer Amazon.com Announces Fourth Quarter 1999 Music Store Results SEATTLE--Feb. 2, 2000--Leading online retailer Amazon.com (www.amazon.com) (Nasdaq:AMZN) today announced that sales from its U.S. Music Store in the fourth quarter of 1999 reached $78 million, up more than 136 percent from the fourth quarter of 1998. Sales for fiscal year 1999 were $195 million, and the store ended the year with an annualized run rate solidly over $300 million. With these results, Amazon.com continues to set the pace for online music sales. Amazon.com's continual focus on providing the best music shopping experience helped the retailer dominate 1999 industry polls, earning the following honors: No. 1 overall Internet music store in Gomez Advisors' two most recent scorecards. No. 1 ranking in the first Forrester PowerRankings for online books, music, and video retailers. The Harris Interactive ecommercePulse Excellence Award for the highest overall satisfaction rating among online music and video retailers. The Midemnet Award 2000 for the best music shopping/digital distribution Web site. "Amazon.com's music team is a group of music experts and music lovers devoted to helping our customers find music titles and music-related items they'll love," said Jennifer Cast, Amazon.com Music Store general manager. "We're extremely grateful to our customers, who shared suggestions and criticisms that resulted in making Amazon.com not only the No. 1 online music shopping destination but also the easiest-to-use, most comprehensive music store on or off the Internet. We look forward to working with our customers to develop many more additions and improvements to our store in 2000." During 1999, Amazon.com launched a steady stream of new features to serve its music customers better. Enhancements to Amazon.com's Music Store last year include: Free Digital Downloads that enable customers to try before they buy: During 1999, Amazon.com's Music Store led the way in the exciting arena of digital downloads, becoming the first major online retailer to dedicate an area of its store to free, full-length song downloads from established artists, major-label performers, and independent artists. Innovative and successful download offerings helped spark several albums to No. 1 on the Amazon.com music charts, including Santana's Supernatural, Sarah McLachlan's Mirrorball, and Buena Vista Social Club. In November, Amazon.com teamed with the artist Moby and The Late Show with David Letterman to offer a download immediately following a performance on the show. Amazon.com continues to offer the largest selection of free promotional song downloads from major label artists of any major online music retailer, in addition to a large collection of downloads from independent artists in the Amazon.com Advantage program. Expanded selection of music from independent artists unavailable in most stores: Customers can find thousands of noteworthy CDs by independent artists and labels enrolled in Amazon.com's Advantage program. New features to expose and promote the music of these artists include the Emerging Artists area, which offers bestseller lists in 18 genres and features new and notable CDs. The New Music Spotlight, also a new addition, features free downloads from many of these artists, introducing customers to a selection of handpicked songs they may have never heard before. With these features, customers can now easily explore and discover great new music from independent artists in any genre. Increased selection of music-related items: The addition of tapes and vinyl in the Music Store, the expansion of the Amazon.com Advantage program, and the launches of Electronics, Toys, Auctions, and zShops make Amazon.com the ultimate one-stop shopping destination for all things music. Amazon.com now offers the largest selection of music-related items, including U.S. CDs from major-label and independent artists, import CDs, cassette tapes, vinyl, music-related books, music videos, home audio electronics, portable CD and MP3 players, music memorabilia, both children's and adults' musical instruments, and used and rare music titles. Classical Music Center: No other music store--physical or online -- offers classical music experts and novices a greater selection of classical music or more ways to discover excellent classical recordings. The new Classical Music Center combines new features such as Orchestra Schedules with Amazon.com editors' selections for the Essential CDs by classical composers and artists, plus enhanced areas including Classical and Opera stores, Classical and Opera Top Sellers, and the powerful Classical Search Engine. Guides to the best music for every taste: The enhanced Recommendation Center helps customers find CDs they'll love via Amazon.com's editors' selections for the Essential CDs by Style, Artist, Composer, and Year, plus informative introductions to Classical, Jazz, and International music that help new listeners become familiar with genres that can sometimes be perceived as intimidating. Information on new titles -- before they are released: Highlighting noteworthy new and upcoming releases from major label and independent artists, the New & Future Releases area gives customers an easy and reliable way to stay on top of the newest releases. At Amazon.com, customers can order CDs before they are released and receive them on the day of release. "Amazon.com's music team looks forward to continuing to provide our customers with the No. 1 online music shopping experience in 2000," said Cast. "We're excited about the possibilities that digital downloading and other new technologies offer music fans. We believe customers will have more access to more music, more quickly than ever before, and we intend to set the pace by making our customers' experience better than ever before." About Amazon.com's Music Store Amazon.com's Music Store, which opened in June 1998, is the No. 1 online music store and offers shoppers more than 25 times the CD selection of the typical music store at everyday savings of up to 30 percent. Customers can find everything from the latest releases to hard-to-find gems in any music genre. Amazon.com's Music Store features: the largest staff of music editors on the Web; thousands of reviews by expert staff editors and nationally known critics; song samples; free, full-length song downloads from established and independent artists; artist interviews; lists of essential albums by style, artist, composer, and year; helpful introductions to classical, jazz, and international music; thousands of bestseller lists; and personalized music recommendations. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 13 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>No. 1 Online Music Retailer Amazon.com Announces Fourth Quarter 1999 Music Store Results</p><p>SEATTLE--Feb. 2, 2000--Leading online retailer Amazon.com (www.amazon.com) (Nasdaq:AMZN) today announced that sales from its U.S. Music Store in the fourth quarter of 1999 reached $78 million, up more than 136 percent from the fourth quarter of 1998. Sales for fiscal year 1999 were $195 million, and the store ended the year with an annualized run rate solidly over $300 million. With these results, Amazon.com continues to set the pace for online music sales.</p><p>Amazon.com's continual focus on providing the best music shopping experience helped the retailer dominate 1999 industry polls, earning the following honors:</p><ul><li>No. 1 overall Internet music store in Gomez Advisors' two most recent scorecards.</li><li>No. 1 ranking in the first Forrester PowerRankings for online books, music, and video retailers.</li><li>The Harris Interactive ecommercePulse Excellence Award for the highest overall satisfaction rating among online music and video retailers.</li><li>The Midemnet Award 2000 for the best music shopping/digital distribution Web site.</li></ul><p>"Amazon.com's music team is a group of music experts and music lovers devoted to helping our customers find music titles and music-related items they'll love," said Jennifer Cast, Amazon.com Music Store general manager. "We're extremely grateful to our customers, who shared suggestions and criticisms that resulted in making Amazon.com not only the No. 1 online music shopping destination but also the easiest-to-use, most comprehensive music store on or off the Internet. We look forward to working with our customers to develop many more additions and improvements to our store in 2000."</p><p>During 1999, Amazon.com launched a steady stream of new features to serve its music customers better. Enhancements to Amazon.com's Music Store last year include:</p><ul><li>Free Digital Downloads that enable customers to try before they buy: During 1999, Amazon.com's Music Store led the way in the exciting arena of digital downloads, becoming the first major online retailer to dedicate an area of its store to free, full-length song downloads from established artists, major-label performers, and independent artists. Innovative and successful download offerings helped spark several albums to No. 1 on the Amazon.com music charts, including Santana's Supernatural, Sarah McLachlan's Mirrorball, and Buena Vista Social Club. In November, Amazon.com teamed with the artist Moby and The Late Show with David Letterman to offer a download immediately following a performance on the show. Amazon.com continues to offer the largest selection of free promotional song downloads from major label artists of any major online music retailer, in addition to a large collection of downloads from independent artists in the Amazon.com Advantage program.</li><li>Expanded selection of music from independent artists unavailable in most stores: Customers can find thousands of noteworthy CDs by independent artists and labels enrolled in Amazon.com's Advantage program. New features to expose and promote the music of these artists include the Emerging Artists area, which offers bestseller lists in 18 genres and features new and notable CDs. The New Music Spotlight, also a new addition, features free downloads from many of these artists, introducing customers to a selection of handpicked songs they may have never heard before. With these features, customers can now easily explore and discover great new music from independent artists in any genre.</li><li>Increased selection of music-related items: The addition of tapes and vinyl in the Music Store, the expansion of the Amazon.com Advantage program, and the launches of Electronics, Toys, Auctions, and zShops make Amazon.com the ultimate one-stop shopping destination for all things music. Amazon.com now offers the largest selection of music-related items, including U.S. CDs from major-label and independent artists, import CDs, cassette tapes, vinyl, music-related books, music videos, home audio electronics, portable CD and MP3 players, music memorabilia, both children's and adults' musical instruments, and used and rare music titles.</li><li>Classical Music Center: No other music store--physical or online -- offers classical music experts and novices a greater selection of classical music or more ways to discover excellent classical recordings. The new Classical Music Center combines new features such as Orchestra Schedules with Amazon.com editors' selections for the Essential CDs by classical composers and artists, plus enhanced areas including Classical and Opera stores, Classical and Opera Top Sellers, and the powerful Classical Search Engine.</li><li>Guides to the best music for every taste: The enhanced Recommendation Center helps customers find CDs they'll love via Amazon.com's editors' selections for the Essential CDs by Style, Artist, Composer, and Year, plus informative introductions to Classical, Jazz, and International music that help new listeners become familiar with genres that can sometimes be perceived as intimidating.</li><li>Information on new titles -- before they are released: Highlighting noteworthy new and upcoming releases from major label and independent artists, the New &amp; Future Releases area gives customers an easy and reliable way to stay on top of the newest releases. At Amazon.com, customers can order CDs before they are released and receive them on the day of release. "Amazon.com's music team looks forward to continuing to provide our customers with the No. 1 online music shopping experience in 2000," said Cast. "We're excited about the possibilities that digital downloading and other new technologies offer music fans. We believe customers will have more access to more music, more quickly than ever before, and we intend to set the pace by making our customers' experience better than ever before."</li></ul><p>About Amazon.com's Music Store</p><p>Amazon.com's Music Store, which opened in June 1998, is the No. 1 online music store and offers shoppers more than 25 times the CD selection of the typical music store at everyday savings of up to 30 percent. Customers can find everything from the latest releases to hard-to-find gems in any music genre. Amazon.com's Music Store features: the largest staff of music editors on the Web; thousands of reviews by expert staff editors and nationally known critics; song samples; free, full-length song downloads from established and independent artists; artist interviews; lists of essential albums by style, artist, composer, and year; helpful introductions to classical, jazz, and international music; thousands of bestseller lists; and personalized music recommendations.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 13 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Amazon.com Announces Profitability In U.S.-Based Book Sales, Financial Results for Fourth Quarter 1999
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Amazon.com Announces Profitability In U.S.-Based Book Sales, Financial Results for Fourth Quarter 1999
02/02/2000
2000
90 percent quarter-to-quarter growth is Amazon.com's fastest ever as a public company; customer total now over 17 million;Amazon.com rated the No. 1 place to save money on the Internet;more than 1 million registered users and 1.5 million listings across Auctions, zShops, and sothebys.amazon.com SEATTLE--(BUSINESS WIRE)--February 2, 2000--Fueled by strong sales in its new consumer electronics store, Amazon.com, Inc. (NASDAQ: AMZN) today announced that net sales for the fourth quarter of 1999 were $676 million, an increase of 167 percent over net sales of $253 million for the fourth quarter of 1998. Pro forma operating loss for the fourth quarter of 1999 was $175 million, compared to a pro forma operating loss of $18 million in the fourth quarter of 1998. Fourth-quarter pro forma net loss of $185 million, or $0.55 per share, compared with a pro forma net loss of $22 million, or $0.07 per share, in the fourth quarter of 1998. Net sales for all of 1999 were $1.64 billion, a 169 percent increase over net sales of $610 million reported for all of 1998. Pro forma net loss for 1999 was $390 million, or $1.19 per share, compared with a pro forma net loss in 1998 of $74 million, or $0.25 per share. Amazon.com announced that cumulative customer accounts increased by 3.8 million during the fourth quarter to more than 16.9 million at December 31, 1999, an increase of more than 170 percent from 6.2 million customer accounts at December 31, 1998. Cumulative customer accounts now stand at over 17 million. Repeat customer orders represented more than 73 percent of orders in the fourth quarter, up from 72 percent in the previous quarter. Among new initiatives, Amazon.com opened five new retail stores around the world during the quarter, along with its sothebys.amazon.com service. As recently as 19 months ago, Amazon.com's U.S. Books business represented 100 percent of Amazon.com's sales. Despite 66 percent year-over-year revenue growth, U.S. Books accounted for less than half of total company sales in the quarter as customers around the world chose Amazon.com for an increasingly wide array of products. "This was our fastest sequential growth as a public company, and we are grateful that so many customers chose Amazon.com for such a broad range of products," said Jeff Bezos, Amazon.com founder and CEO. "We did a good job delivering for customers this holiday. The last order, just under the wire, was placed by a customer at 8:05 p.m. on December 23, left our dock at 1:05 a.m. on December 24, and was delivered to the customer in Honolulu at 3:55 p.m. on December 24. It was a Deluxe Scrabble set." "This holiday season, Amazon.com made sure it did the best thing it could do in building a long-term franchise and ensuring shareholder return--we delivered for our customers," said Joe Galli, Amazon.com president and COO. "In 2000, we expect to do even more than in 1999, while at the same time driving operational excellence and platform leverage. In addition, I'd also like to welcome our newest partners, NextCard, Ashford.com, Greenlight.com, drugstore.com, Audible, and living.com." Regarding Amazon.com's ongoing expansion, Warren Jenson, Amazon.com chief financial officer, said, "Our U.S. Books business was profitable in the fourth quarter, and we expect it will be profitable in 2000. We expect strong year-over-year sales growth in the first quarter, and our outlook for growth in 2000 remains strong. We expect overall gross margin will approach 20 percent in the first quarter of 2000 and we expect further improvement in gross margin during 2000. And we expect that in 2000, our overall operating loss will decrease significantly as a percentage of sales." The company reported that its overall fulfillment expenses were 16 percent of sales, up from 10 percent in the fourth quarter of 1998. In addition, the company reported approximately $39 million in total inventory-related charges in the fourth quarter. A live Webcast of the company's fourth quarter 1999 financial results conference call can be heard at 2:00 p.m. PST/5:00 p.m. EST today at www.amazon.com/investor-relations. The call will also be archived and available for one week. Recent Highlights Customer ExperienceHeads-down focus on customers helped Amazon.com continue to improve customer experience and grow brand and reach during the fourth quarter. Highlights include: Amazon.com was rated the No. 1 place to save money on the Internet, as rated by online shoppers in a nationwide survey by Opinion Research Corp. Amazon.com was rated the No. 1 shopping destination for 42 percent of online shoppers during the holiday season, according to a survey of online shoppers by Ernst & Young. Amazon.com's reach climbed to 25.6 percent and unique visitors grew to 15.9 million in December, making it the No. 7 Web property in the month, according to Media Metrix. Well over 99 percent of holiday orders were shipped in time to meet holiday deadlines-including even orders placed as late as December 23. The company experienced peak shipping of approximately $16 million in one day, more than total company sales in the entire year of 1996. The ability to serve this kind of peak demand was the result of the company's commitment to serving customers and year-long investment in building out its worldwide distribution capability. Customer Spending TrendsIn the area of strengthening relationships with customers, Amazon.com announced that 1999 sales per customer who purchased in 1999 were $116, up from $106 for 1998. Strategic AlliancesAmazon.com continued to expand the list of online partners with whom it delivers an expanded set of products and services to its customers. During the fourth quarter and so far in 2000, Amazon.com has announced partnerships with NextCard, Ashford.com, Greenlight.com, Audible, and living.com, as well as an expanded drugstore.com partnership. In aggregate, these partnerships represent more than $500 million in revenue commitments to Amazon.com over the next five years. International ExpansionJust one year after launch, Amazon.com's European stores--Amazon.co.uk and Amazon.de--reached a combined annual run rate of more than $280 million, with $71 million in combined sales in the fourth quarter, up over 360 percent from the fourth quarter of 1998. During the quarter, both stores added music to their existing bookstores, as well as local Auctions and zShops services. In the first-ever Media Metrix ratings for Europe, both Amazon.de and Amazon.co.uk were ranked the No. 1 e-commerce sites and the No. 10 most-visited sites overall in their respective countries. Over 19 percent of all Amazon.com revenues came from customers outside the U.S. in the fourth quarter. BooksEven as Amazon.com continued to broaden its product lines, traditional stores increased their popularity with online shoppers. In the fourth quarter, book sales from the company's U.S. base extended the company's lead as the No. 1 online bookstore, with strong revenue growth to $317 million, up more than 66 percent from the fourth quarter of 1998. U.S.-based book sales have now achieved an annualized run rate of $1.2 billion. From the third quarter to the fourth quarter, the growth alone (in dollar terms) of U.S.-based book sales was greater than the total fourth-quarter sales of any other online book retailer. Amazon.com's bookstore, with its large and growing community of millions of book lovers, was ranked as the No. 1 online book retailer by Forrester PowerRankings, Jupiter Communications, and Gomez Advisors, Inc. MusicIn the fourth quarter, U.S.-based Music sales reached $78 million, up more than 136 percent from the fourth quarter of 1998, putting the business solidly over a $300 million annualized run rate. During 1999, Amazon.com's Music Store launched an improved classical music store, enhanced recommendation features, and additional services to promote independent artists via Amazon.com Advantage. Amazon.com became the first major online music retailer to dedicate an area of its store to free, full-length song downloads from established artists and major-label performers and continues to offer the largest selection of free promotional song downloads from major-label artists. Amazon.com's Music Store has dominated industry polls and was ranked as the No. 1 overall Internet music store by Gomez Advisors in its two most recent scorecards, was ranked No. 1 in the first Forrester PowerRankingsTM for online books, music, and video retailers, won the Harris Interactive ecommercePulseSM Excellence Award for the highest overall satisfaction rating among online music and video retailers, and won the Midemnet Award 2000 for the best music shopping/digital distribution Web site. DVD & VideoU.S. DVD and video sales grew to $64 million in the fourth quarter, up over 500 percent from the fourth quarter of 1998. Thus, in just one year, DVD & Video has grown to over $250 million in annualized sales, making it the leader in online video sales overall, in online VHS sales, and in online DVD sales. In fact, DVD sales now account for more than half of the revenues in this business line. Amazon.com DVD & Video was ranked the No. 1 online video store by Gomez Advisors and Forrester PowerRankings. Other recent initiatives include partnerships with theatrical studios, such as with DreamWorks, streaming video clips (including deleted scenes from The Blair Witch Project and Austin Powers: The Spy Who Shagged Me), and a TV partnership with Lifetime's Intimate Portraits. ToysIn the fourth quarter, sales of children's products exceeded $95 million, the significant majority of which were toys. In November, Amazon.com Toys saw the launch of it Video Games Store. Amazon.com Toys has been rated the best online toy store in an MSNBC survey, beating out a number of longer-established players, and was ranked the No. 1 toys and games store by Forrester Research. ElectronicsAmazon.com's Electronics and Software Store saw strong growth in the fourth quarter, with sales in December alone exceeding cumulative sales during the store's first five months of operation. In December, Amazon.com's overall No. 1 product by dollar sales across all product lines was the 3Com Palm V Connected Organizer, and electronics products accounted for six of Amazon.com's top 10 revenue-generating items in the month. Despite being a new store, Amazon.com's reputation as the best place for customers to find and discover consumer electronics has been widely recognized. In December 1999, Amazon.com was ranked the No. 1 online electronics store by Gomez Advisors, Inc., a leading provider of online research and analysis. In addition, Amazon.com tied for the top overall customer satisfaction rating among online electronics retailers in a December 1999 poll conducted by Harris Interactive, a leading Internet-based market research and polling firm. And more than half the Amazon.com Electronics customers surveyed recently by Amazon.com described their online shopping experiences as better than their experiences in brick-and-mortar stores. Significantly, 90 percent of customers surveyed said they would buy electronics from Amazon.com again. In addition, the growth and recognition of Amazon.com's new Electronics & Software Store has led to a growing interest among manufacturers in selling electronics online. "We've enjoyed successful alliances with Hewlett Packard, Xerox, Olympus, and others, and look forward to working with additional manufacturers as we bring our customers the latest and greatest in electronics," said Chris Payne, vice president and general manager of Amazon.com's Electronics Group. Home ImprovementThe Amazon.com Home Improvement Store saw strong sales in Tools & Equipment during the holidays. The store, launched on November 10, offers Earth's largest selection of tools and equipment as well as a broad selection of other home improvement products. Developed and launched in 60 days, the Amazon.com Home Improvement Store has enabled a broad set of manufacturers, such as Porter Cable, Delta, Black & Decker/DeWalt, and Makita, to offer their entire selection of products through Amazon.com. Auctions, zShops, and sothebys.amazon.comDuring the fourth quarter, Amazon.com's three major marketplaces, Auctions, zShops, and sothebys.amazon.com, surpassed a combined 1 million registered users and 1.5 million active listings. Amazon.com continued to integrate these services with its retail stores to deliver a better overall value and experience for customers. Examples include a partnership with DreamWorks to promote Stuart Little and American Beauty (72 auctions, averaging 27 bids per auction, total gross merchandise sales of over $25,000, yielding an average of over $400 per item) and with Oprah Winfrey (25 auctions, averaging 38 bids per auction, total gross merchandise sales of over $130,000, yielding an average of over $6,000 per item). In less than three months of operation, sothebys.amazon.com has achieved average close rates in excess of 50 percent and average auction closing prices of over $500. Particularly strong have been special sales, such as the Halper Collection and the Secretariat sale, which achieved over 99 percent close rates, experienced substantially higher average closing prices, and saw a majority of items sold well above their presale high estimate. About Amazon.com, Inc.Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service-with operations in Seattle; Portland, Oregon; and Southern California-at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com. Historical results of operations are preliminary and unaudited. This press release also contains forward-looking statements, including statements regarding expectations of future profitability of the U.S. books business, sales growth, gross margin, and improvement in operating loss, all of which are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including the rate of growth of the Internet and online commerce, the amount that Amazon.com invests in new business opportunities and the timing of those investments, customer spending patterns, the mix of products sold to customers, the mix of revenues derived from products sales as compared to services, risks of inventory management, and risks of distribution and fulfillment throughput and productivity. Other risks and uncertainties include Amazon.com's limited operating history, anticipated losses, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks associated with distribution center expansion, adverse consequences arising from system interruptions, risks associated with management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. Note on Financial PresentationFinancial results are prepared in accordance with U.S. generally accepted accounting principles. Pro forma financial results exclude amortization of goodwill and other intangibles, equity in losses of equity-method investees, stock-based compensation costs and merger-, acquisition-, and investment-related costs. The Securities and Exchange Commission is reviewing the financial statement classification of fulfillment costs and other items by a number of e-commerce companies, including Amazon.com. Amazon.com defines fulfillment costs as costs directly attributable to the operation of its distribution centers and customer service centers, and classifies these costs in marketing and sales expense. The activities of Amazon.com's distribution centers consist of receiving, inspecting, and warehousing inventories of product purchased from outside suppliers and picking, packaging, and preparing customers' orders for shipment. The SEC has advised the company that it may decide to require that certain distribution center costs be classified as costs of sales. In that case, Amazon.com will reclassify any fulfillment costs as required and the company's gross margin would be correspondingly affected. Any such reclassification would not impact Amazon.com's sales, operating profit or loss, net profit or loss, or cash flow. AMAZON.COM, INC.Consolidated Statements of Operations(in thousands, except per share data)(Unaudited) Quarter Ended Year Ended December 31, December 31, 1999 1998 1999 1998 Net sales $676,042 $252,829 $1,639,839 $609,819 Cost of sales 588,196 199,476 1,349,194 476,155 Gross profit 87,846 53,353 290,645 133,664 Operating expenses: Marketing and sales 179,424 48,378 413,150 132,654 Product development 57,720 17,194 159,722 46,424 General and administrative 26,051 5,413 70,144 15,618 Stock-based compensation 14,049 299 30,618 1,889 Amortization of goodwill and other intangibles 82,301 20,452 214,694 42,599 Merger, acquisition and investment-related costs 2,085 1,281 8,072 3,535 Total operating expenses 361,630 93,017 896,400 242,719 Loss from operations (273,784) (39,664) (605,755) (109,055) Interest income 8,972 4,264 45,451 14,053 Interest expense (18,142) (8,622) (84,566) (26,639) Other income (expense) (366) - 1,671 - Net interest expense and other (9,536) (4,358) (37,444) (12,586) Net loss before equity in losses of equity method investees (283,320) (44,022) (643,199) (121,641) Equity in losses of equity method investees (39,893) (2,405) (76,769) (2,905) Net loss $(323,213) $(46,427) $(719,968) $(124,546) Basic and diluted loss per share $(0.96) $(0.15) $(2.20) $(0.42) Shares used in computation of basic and diluted loss per share (Note 1) 338,389 308,778 326,753 296,344 Pro Forma Results (Note 2) Pro forma loss from operations, excluding amortization of goodwill and other intangibles, stock-based compensation costs and merger, acquisition and investment-related costs $(175,349) $(17,632) $(352,371) $(61,032) Pro forma net loss, excluding amortization of goodwill and other intangibles, equity in losses of equity method investees, stock-based compensation costs and merger, acquisition and investment-related costs $(184,885) $(21,990) $(389,815) $(73,618) Pro forma basic and diluted loss per share, excluding amortization of goodwill and other intangibles, equity in losses of equity method investees, stock-based compensation costs and merger, acquisition and investment-related costs $(0.55) $(0.07) $(1.19) $(0.25) Shares used in computation of pro forma basic and diluted loss per share (Note 1) 338,389 308,778 326,753 296,344 Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying consolidated balance sheets and statements of operations have been restated to reflect the splits. Note 2: Pro forma results for the quarters and years ended December 31, 1999 and 1998 are presented for informational purposes only and are not prepared in accordance with generally accepted accounting principles. These results present the operating results of Amazon.com, excluding charges of $138.3 million and $24.4 million for the 3-month periods ended December 31, 1999 and 1998, and $330.2 million and $50.9 million for the years ended December 31, 1999 and 1998, respectively, related to amortization of goodwill and other intangible assets, equity in losses of equity method investees, stock-based compensation and merger, acquisition and investment related costs. AMAZON.COM, INC.Consolidated Balance Sheets(in thousands, except per share data)(Unaudited) DECEMBER 31, DECEMBER 31, 1999 1998 ASSETS Current assets: Cash $116,962 $25,561 Marketable securities 589,226 347,884 Inventories, net 220,646 29,501 Prepaid expenses and other current assets 85,344 21,308 Total current assets 1,012,178 424,254 Fixed assets, net 317,613 29,791 Goodwill, net 534,699 174,052 Other purchased intangibles, net 195,445 4,586 Investments in equity method investees 226,727 7,740 Other investments 144,735 - Deferred charges and other 40,154 8,037 Total assets $2,471,551 $648,460 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $463,026 $113,273 Accrued expenses and other current liabilities 126,017 34,413 Accrued advertising 55,892 13,071 Deferred revenue 54,790 - Interest payable 24,888 10 Current portion of long-term debt and other 14,322 808 Total current liabilities 738,935 161,575 Long-term debt and other 1,466,338 348,140 Stockholders' equity: Preferred stock, $0.01 par value: Authorized shares -- 150,000 Issued and outstanding shares -- none - - Common stock, $0.01 par value: Authorized shares -- 1,500,000 Issued and outstanding shares -- 345,155 and 318,534 shares at December 31, 1999 and December 31, 1998, respectively 3,452 3,186 Additional paid-in capital 1,195,540 298,537 Note receivable for common stock (1,171) (1,099) Stock-based compensation (47,806) (1,625) Accumulated other comprehensive income (loss) (1,709) 1,806 Accumulated deficit (882,028) (162,060) Total stockholders' equity 266,278 138,745 Total liabilities and stockholders' equity $2,471,551 $648,460 Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying consolidated balance sheets and statements of operations have been restated to reflect the splits.
<p>90 percent quarter-to-quarter growth is Amazon.com's fastest ever as a public company; customer total now over 17 million;Amazon.com rated the No. 1 place to save money on the Internet;more than 1 million registered users and 1.5 million listings across Auctions, zShops, and sothebys.amazon.com</p><p>SEATTLE--(BUSINESS WIRE)--February 2, 2000--Fueled by strong sales in its new consumer electronics store, Amazon.com, Inc. (NASDAQ: AMZN) today announced that net sales for the fourth quarter of 1999 were $676 million, an increase of 167 percent over net sales of $253 million for the fourth quarter of 1998.</p><p>Pro forma operating loss for the fourth quarter of 1999 was $175 million, compared to a pro forma operating loss of $18 million in the fourth quarter of 1998. Fourth-quarter pro forma net loss of $185 million, or $0.55 per share, compared with a pro forma net loss of $22 million, or $0.07 per share, in the fourth quarter of 1998.</p><p>Net sales for all of 1999 were $1.64 billion, a 169 percent increase over net sales of $610 million reported for all of 1998. Pro forma net loss for 1999 was $390 million, or $1.19 per share, compared with a pro forma net loss in 1998 of $74 million, or $0.25 per share.</p><p>Amazon.com announced that cumulative customer accounts increased by 3.8 million during the fourth quarter to more than 16.9 million at December 31, 1999, an increase of more than 170 percent from 6.2 million customer accounts at December 31, 1998. Cumulative customer accounts now stand at over 17 million. Repeat customer orders represented more than 73 percent of orders in the fourth quarter, up from 72 percent in the previous quarter.</p><p>Among new initiatives, Amazon.com opened five new retail stores around the world during the quarter, along with its sothebys.amazon.com service. As recently as 19 months ago, Amazon.com's U.S. Books business represented 100 percent of Amazon.com's sales. Despite 66 percent year-over-year revenue growth, U.S. Books accounted for less than half of total company sales in the quarter as customers around the world chose Amazon.com for an increasingly wide array of products.</p><p>"This was our fastest sequential growth as a public company, and we are grateful that so many customers chose Amazon.com for such a broad range of products," said Jeff Bezos, Amazon.com founder and CEO. "We did a good job delivering for customers this holiday. The last order, just under the wire, was placed by a customer at 8:05 p.m. on December 23, left our dock at 1:05 a.m. on December 24, and was delivered to the customer in Honolulu at 3:55 p.m. on December 24. It was a Deluxe Scrabble set."</p><p>"This holiday season, Amazon.com made sure it did the best thing it could do in building a long-term franchise and ensuring shareholder return--we delivered for our customers," said Joe Galli, Amazon.com president and COO. "In 2000, we expect to do even more than in 1999, while at the same time driving operational excellence and platform leverage. In addition, I'd also like to welcome our newest partners, NextCard, Ashford.com, Greenlight.com, drugstore.com, Audible, and living.com."</p><p>Regarding Amazon.com's ongoing expansion, Warren Jenson, Amazon.com chief financial officer, said, "Our U.S. Books business was profitable in the fourth quarter, and we expect it will be profitable in 2000. We expect strong year-over-year sales growth in the first quarter, and our outlook for growth in 2000 remains strong. We expect overall gross margin will approach 20 percent in the first quarter of 2000 and we expect further improvement in gross margin during 2000. And we expect that in 2000, our overall operating loss will decrease significantly as a percentage of sales."</p><p>The company reported that its overall fulfillment expenses were 16 percent of sales, up from 10 percent in the fourth quarter of 1998. In addition, the company reported approximately $39 million in total inventory-related charges in the fourth quarter. A live Webcast of the company's fourth quarter 1999 financial results conference call can be heard at 2:00 p.m. PST/5:00 p.m. EST today at www.amazon.com/investor-relations. The call will also be archived and available for one week.</p><p>Recent Highlights</p><p>Customer ExperienceHeads-down focus on customers helped Amazon.com continue to improve customer experience and grow brand and reach during the fourth quarter. Highlights include:</p><ul><li>Amazon.com was rated the No. 1 place to save money on the Internet, as rated by online shoppers in a nationwide survey by Opinion Research Corp.</li><li>Amazon.com was rated the No. 1 shopping destination for 42 percent of online shoppers during the holiday season, according to a survey of online shoppers by Ernst &amp; Young.</li><li>Amazon.com's reach climbed to 25.6 percent and unique visitors grew to 15.9 million in December, making it the No. 7 Web property in the month, according to Media Metrix.</li><li>Well over 99 percent of holiday orders were shipped in time to meet holiday deadlines-including even orders placed as late as December 23.</li><li>The company experienced peak shipping of approximately $16 million in one day, more than total company sales in the entire year of 1996. The ability to serve this kind of peak demand was the result of the company's commitment to serving customers and year-long investment in building out its worldwide distribution capability.</li></ul><p>Customer Spending TrendsIn the area of strengthening relationships with customers, Amazon.com announced that 1999 sales per customer who purchased in 1999 were $116, up from $106 for 1998.</p><p>Strategic AlliancesAmazon.com continued to expand the list of online partners with whom it delivers an expanded set of products and services to its customers. During the fourth quarter and so far in 2000, Amazon.com has announced partnerships with NextCard, Ashford.com, Greenlight.com, Audible, and living.com, as well as an expanded drugstore.com partnership. In aggregate, these partnerships represent more than $500 million in revenue commitments to Amazon.com over the next five years.</p><p>International ExpansionJust one year after launch, Amazon.com's European stores--Amazon.co.uk and Amazon.de--reached a combined annual run rate of more than $280 million, with $71 million in combined sales in the fourth quarter, up over 360 percent from the fourth quarter of 1998. During the quarter, both stores added music to their existing bookstores, as well as local Auctions and zShops services. In the first-ever Media Metrix ratings for Europe, both Amazon.de and Amazon.co.uk were ranked the No. 1 e-commerce sites and the No. 10 most-visited sites overall in their respective countries. Over 19 percent of all Amazon.com revenues came from customers outside the U.S. in the fourth quarter.</p><p>BooksEven as Amazon.com continued to broaden its product lines, traditional stores increased their popularity with online shoppers. In the fourth quarter, book sales from the company's U.S. base extended the company's lead as the No. 1 online bookstore, with strong revenue growth to $317 million, up more than 66 percent from the fourth quarter of 1998. U.S.-based book sales have now achieved an annualized run rate of $1.2 billion. From the third quarter to the fourth quarter, the growth alone (in dollar terms) of U.S.-based book sales was greater than the total fourth-quarter sales of any other online book retailer. Amazon.com's bookstore, with its large and growing community of millions of book lovers, was ranked as the No. 1 online book retailer by Forrester PowerRankings, Jupiter Communications, and Gomez Advisors, Inc.</p><p>MusicIn the fourth quarter, U.S.-based Music sales reached $78 million, up more than 136 percent from the fourth quarter of 1998, putting the business solidly over a $300 million annualized run rate. During 1999, Amazon.com's Music Store launched an improved classical music store, enhanced recommendation features, and additional services to promote independent artists via Amazon.com Advantage. Amazon.com became the first major online music retailer to dedicate an area of its store to free, full-length song downloads from established artists and major-label performers and continues to offer the largest selection of free promotional song downloads from major-label artists. Amazon.com's Music Store has dominated industry polls and was ranked as the No. 1 overall Internet music store by Gomez Advisors in its two most recent scorecards, was ranked No. 1 in the first Forrester PowerRankingsTM for online books, music, and video retailers, won the Harris Interactive ecommercePulseSM Excellence Award for the highest overall satisfaction rating among online music and video retailers, and won the Midemnet Award 2000 for the best music shopping/digital distribution Web site.</p><p>DVD &amp; VideoU.S. DVD and video sales grew to $64 million in the fourth quarter, up over 500 percent from the fourth quarter of 1998. Thus, in just one year, DVD &amp; Video has grown to over $250 million in annualized sales, making it the leader in online video sales overall, in online VHS sales, and in online DVD sales. In fact, DVD sales now account for more than half of the revenues in this business line. Amazon.com DVD &amp; Video was ranked the No. 1 online video store by Gomez Advisors and Forrester PowerRankings. Other recent initiatives include partnerships with theatrical studios, such as with DreamWorks, streaming video clips (including deleted scenes from The Blair Witch Project and Austin Powers: The Spy Who Shagged Me), and a TV partnership with Lifetime's Intimate Portraits.</p><p>ToysIn the fourth quarter, sales of children's products exceeded $95 million, the significant majority of which were toys. In November, Amazon.com Toys saw the launch of it Video Games Store. Amazon.com Toys has been rated the best online toy store in an MSNBC survey, beating out a number of longer-established players, and was ranked the No. 1 toys and games store by Forrester Research.</p><p>ElectronicsAmazon.com's Electronics and Software Store saw strong growth in the fourth quarter, with sales in December alone exceeding cumulative sales during the store's first five months of operation. In December, Amazon.com's overall No. 1 product by dollar sales across all product lines was the 3Com Palm V Connected Organizer, and electronics products accounted for six of Amazon.com's top 10 revenue-generating items in the month.</p><p>Despite being a new store, Amazon.com's reputation as the best place for customers to find and discover consumer electronics has been widely recognized. In December 1999, Amazon.com was ranked the No. 1 online electronics store by Gomez Advisors, Inc., a leading provider of online research and analysis. In addition, Amazon.com tied for the top overall customer satisfaction rating among online electronics retailers in a December 1999 poll conducted by Harris Interactive, a leading Internet-based market research and polling firm. And more than half the Amazon.com Electronics customers surveyed recently by Amazon.com described their online shopping experiences as better than their experiences in brick-and-mortar stores. Significantly, 90 percent of customers surveyed said they would buy electronics from Amazon.com again. In addition, the growth and recognition of Amazon.com's new Electronics &amp; Software Store has led to a growing interest among manufacturers in selling electronics online. "We've enjoyed successful alliances with Hewlett Packard, Xerox, Olympus, and others, and look forward to working with additional manufacturers as we bring our customers the latest and greatest in electronics," said Chris Payne, vice president and general manager of Amazon.com's Electronics Group.</p><p>Home ImprovementThe Amazon.com Home Improvement Store saw strong sales in Tools &amp; Equipment during the holidays. The store, launched on November 10, offers Earth's largest selection of tools and equipment as well as a broad selection of other home improvement products. Developed and launched in 60 days, the Amazon.com Home Improvement Store has enabled a broad set of manufacturers, such as Porter Cable, Delta, Black &amp; Decker/DeWalt, and Makita, to offer their entire selection of products through Amazon.com.</p><p>Auctions, zShops, and sothebys.amazon.comDuring the fourth quarter, Amazon.com's three major marketplaces, Auctions, zShops, and sothebys.amazon.com, surpassed a combined 1 million registered users and 1.5 million active listings. Amazon.com continued to integrate these services with its retail stores to deliver a better overall value and experience for customers. Examples include a partnership with DreamWorks to promote Stuart Little and American Beauty (72 auctions, averaging 27 bids per auction, total gross merchandise sales of over $25,000, yielding an average of over $400 per item) and with Oprah Winfrey (25 auctions, averaging 38 bids per auction, total gross merchandise sales of over $130,000, yielding an average of over $6,000 per item).</p><p>In less than three months of operation, sothebys.amazon.com has achieved average close rates in excess of 50 percent and average auction closing prices of over $500. Particularly strong have been special sales, such as the Halper Collection and the Secretariat sale, which achieved over 99 percent close rates, experienced substantially higher average closing prices, and saw a majority of items sold well above their presale high estimate.</p><p>About Amazon.com, Inc.Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 17 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service-with operations in Seattle; Portland, Oregon; and Southern California-at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com.</p><p>Historical results of operations are preliminary and unaudited. This press release also contains forward-looking statements, including statements regarding expectations of future profitability of the U.S. books business, sales growth, gross margin, and improvement in operating loss, all of which are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including the rate of growth of the Internet and online commerce, the amount that Amazon.com invests in new business opportunities and the timing of those investments, customer spending patterns, the mix of products sold to customers, the mix of revenues derived from products sales as compared to services, risks of inventory management, and risks of distribution and fulfillment throughput and productivity. Other risks and uncertainties include Amazon.com's limited operating history, anticipated losses, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks associated with distribution center expansion, adverse consequences arising from system interruptions, risks associated with management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><p>Note on Financial PresentationFinancial results are prepared in accordance with U.S. generally accepted accounting principles. Pro forma financial results exclude amortization of goodwill and other intangibles, equity in losses of equity-method investees, stock-based compensation costs and merger-, acquisition-, and investment-related costs. The Securities and Exchange Commission is reviewing the financial statement classification of fulfillment costs and other items by a number of e-commerce companies, including Amazon.com. Amazon.com defines fulfillment costs as costs directly attributable to the operation of its distribution centers and customer service centers, and classifies these costs in marketing and sales expense. The activities of Amazon.com's distribution centers consist of receiving, inspecting, and warehousing inventories of product purchased from outside suppliers and picking, packaging, and preparing customers' orders for shipment. The SEC has advised the company that it may decide to require that certain distribution center costs be classified as costs of sales. In that case, Amazon.com will reclassify any fulfillment costs as required and the company's gross margin would be correspondingly affected. Any such reclassification would not impact Amazon.com's sales, operating profit or loss, net profit or loss, or cash flow.</p><center>AMAZON.COM, INC.Consolidated Statements of Operations(in thousands, except per share data)(Unaudited)</center><pre> Quarter Ended Year Ended December 31, December 31, 1999 1998 1999 1998Net sales $676,042 $252,829 $1,639,839 $609,819Cost of sales 588,196 199,476 1,349,194 476,155Gross profit 87,846 53,353 290,645 133,664Operating expenses: Marketing and sales 179,424 48,378 413,150 132,654 Product development 57,720 17,194 159,722 46,424 General and administrative 26,051 5,413 70,144 15,618 Stock-based compensation 14,049 299 30,618 1,889 Amortization of goodwill and other intangibles 82,301 20,452 214,694 42,599 Merger, acquisition and investment-related costs 2,085 1,281 8,072 3,535 Total operating expenses 361,630 93,017 896,400 242,719 Loss from operations (273,784) (39,664) (605,755) (109,055) Interest income 8,972 4,264 45,451 14,053 Interest expense (18,142) (8,622) (84,566) (26,639)Other income (expense) (366) - 1,671 - Net interest expense and other (9,536) (4,358) (37,444) (12,586) Net loss before equity in losses of equity method investees (283,320) (44,022) (643,199) (121,641) Equity in losses of equity method investees (39,893) (2,405) (76,769) (2,905) Net loss $(323,213) $(46,427) $(719,968) $(124,546) Basic and diluted loss per share $(0.96) $(0.15) $(2.20) $(0.42) Shares used in computation of basic and diluted loss per share (Note 1) 338,389 308,778 326,753 296,344 Pro Forma Results (Note 2) Pro forma loss from operations, excluding amortization of goodwill and other intangibles, stock-based compensation costs and merger, acquisition and investment-related costs $(175,349) $(17,632) $(352,371) $(61,032) Pro forma net loss, excluding amortization of goodwill and other intangibles, equity in losses of equity method investees, stock-based compensation costs and merger, acquisition and investment-related costs $(184,885) $(21,990) $(389,815) $(73,618) Pro forma basic and diluted loss per share, excluding amortization of goodwill and other intangibles, equity in losses of equity method investees, stock-based compensation costs and merger, acquisition and investment-related costs $(0.55) $(0.07) $(1.19) $(0.25) Shares used in computation of pro forma basic and diluted loss per share (Note 1) 338,389 308,778 326,753 296,344 </pre><p>Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying consolidated balance sheets and statements of operations have been restated to reflect the splits.</p><p>Note 2: Pro forma results for the quarters and years ended December 31, 1999 and 1998 are presented for informational purposes only and are not prepared in accordance with generally accepted accounting principles. These results present the operating results of Amazon.com, excluding charges of $138.3 million and $24.4 million for the 3-month periods ended December 31, 1999 and 1998, and $330.2 million and $50.9 million for the years ended December 31, 1999 and 1998, respectively, related to amortization of goodwill and other intangible assets, equity in losses of equity method investees, stock-based compensation and merger, acquisition and investment related costs.</p><center>AMAZON.COM, INC.Consolidated Balance Sheets(in thousands, except per share data)(Unaudited)</center><pre> DECEMBER 31, DECEMBER 31, 1999 1998 ASSETS Current assets: Cash $116,962 $25,561 Marketable securities 589,226 347,884 Inventories, net 220,646 29,501 Prepaid expenses and other current assets 85,344 21,308 Total current assets 1,012,178 424,254 Fixed assets, net 317,613 29,791 Goodwill, net 534,699 174,052 Other purchased intangibles, net 195,445 4,586 Investments in equity method investees 226,727 7,740 Other investments 144,735 -Deferred charges and other 40,154 8,037 Total assets $2,471,551 $648,460 LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities: Accounts payable $463,026 $113,273 Accrued expenses and other current liabilities 126,017 34,413 Accrued advertising 55,892 13,071 Deferred revenue 54,790 - Interest payable 24,888 10 Current portion of long-term debt and other 14,322 808 Total current liabilities 738,935 161,575 Long-term debt and other 1,466,338 348,140 Stockholders' equity: Preferred stock, $0.01 par value: Authorized shares -- 150,000 Issued and outstanding shares -- none - - Common stock, $0.01 par value: Authorized shares -- 1,500,000 Issued and outstanding shares -- 345,155 and 318,534 shares at December 31, 1999 and December 31, 1998, respectively 3,452 3,186 Additional paid-in capital 1,195,540 298,537 Note receivable for common stock (1,171) (1,099) Stock-based compensation (47,806) (1,625) Accumulated other comprehensive income (loss) (1,709) 1,806 Accumulated deficit (882,028) (162,060) Total stockholders' equity 266,278 138,745 Total liabilities and stockholders' equity $2,471,551 $648,460</pre><p>Note 1: The Company effected a three-for-one stock split and two-for-one stock split on January 4, 1999 and September 1, 1999, respectively. Each stock split was in the form of a stock dividend to stockholders of record on December 18, 1998 and August 12, 1999, respectively. Accordingly, the accompanying consolidated balance sheets and statements of operations have been restated to reflect the splits.</p>
Amazon.com Names Paul Misener Vice President of Global Public Policy
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Amazon.com Names Paul Misener Vice President of Global Public Policy
02/01/2000
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SEATTLE--Feb. 1, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) today named Paul E. Misener vice president of global public policy. Initially based in Washington, D.C., Misener will oversee development and representation of Amazon.com's public policy positions domestically and abroad. Misener joins Amazon.com from the Washington, D.C., law firm of Wiley, Rein & Fielding, where he was a partner and chairman of the e-commerce and Internet practice group. He was formerly manager of telecommunications and computer technology policy at Intel Corp, where he also cofounded and led the Internet Access Coalition. "Public policy makers in the United States and around the world are addressing electronic commerce and Internet issues in ways that could have profound and lasting effects," said Jeff Bezos, founder and CEO of Amazon.com. "Paul will help Amazon.com bring its ideas and customers' interests to these important decisions." "I look forward to working with policy makers, public interest groups, industry and others to reach decisions that are in the best interests of all customers," said Misener. Misener is a 1985 graduate of Princeton University with a B.S.E. in electrical engineering and computer science and has a J.D. from the George Mason University School of Law. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>SEATTLE--Feb. 1, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) (www.amazon.com) today named Paul E. Misener vice president of global public policy.</p><p>Initially based in Washington, D.C., Misener will oversee development and representation of Amazon.com's public policy positions domestically and abroad.</p><p>Misener joins Amazon.com from the Washington, D.C., law firm of Wiley, Rein &amp; Fielding, where he was a partner and chairman of the e-commerce and Internet practice group. He was formerly manager of telecommunications and computer technology policy at Intel Corp, where he also cofounded and led the Internet Access Coalition.</p><p>"Public policy makers in the United States and around the world are addressing electronic commerce and Internet issues in ways that could have profound and lasting effects," said Jeff Bezos, founder and CEO of Amazon.com. "Paul will help Amazon.com bring its ideas and customers' interests to these important decisions."</p><p>"I look forward to working with policy makers, public interest groups, industry and others to reach decisions that are in the best interests of all customers," said Misener.</p><p>Misener is a 1985 graduate of Princeton University with a B.S.E. in electrical engineering and computer science and has a J.D. from the George Mason University School of Law.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Amazon.com Enters Strategic Alliance With Living.com to Create a ''Home Living'' Store At Amazon.com
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Amazon.com Enters Strategic Alliance With Living.com to Create a ''Home Living'' Store At Amazon.com
02/01/2000
2000
SEATTLE--Feb. 1, 2000--Leading online retailer Amazon.com (www.amazon.com)(Nasdaq:AMZN) and living.com, the leading online home products and services retailer (www.living.com), today announced a multi-million dollar agreement to create a Home Living store at Amazon.com. Under the agreement, Amazon.com will receive $145 million from living.com over five years in exchange for being the exclusive Amazon.com Home Living store, providing furniture, bedding, home textiles, decorative accessories, tabletop, window treatments, and other related home categories to Amazon.com's more than 16 million customers. The Home Living store will be prominently displayed with other Amazon.com stores. Simultaneously, Amazon.com will make an investment in living.com to acquire an 18 percent stake in the company, with warrants for another 9 percent, upon the transaction's closing, which is expected later this quarter. The partnership between Amazon.com and living.com will result in greater shopping convenience and selection for Amazon.com customers, who will eventually be able to shop seamlessly between living.com and other Amazon.com stores with similarly high levels of customer service. "Joining with companies that share our core value of customer satisfaction is an important part of our strategy to make Amazon.com the place where you can find and discover anything and everything you might be looking to buy online," said Jeff Bezos, founder and CEO of Amazon.com. "By joining with living.com -- and they're as concerned about customers as we are -- we can provide even more selection for Amazon.com customers." "We are simply thrilled to join with the world leader in e-tailing and such a top notch organization," said Shaun Holliday, chief executive officer of living.com. "This agreement gives us access to Amazon.com's 16 million customers who are already sold on buying online, it associates living.com with the leading brand in online shopping, and it gives us a way to reach customers and build relationships that others will not be able to duplicate. It also means that living.com will be the leading provider of home living products -- a $180 billion market -- on a valuable piece of e-tail real estate. Further, it puts on a fast track our plans to rapidly broaden our e-tailing offerings." Amazon.com will have a seat on the living.com board of directors. Both of the agreements relating to the Home Improvement store and the Amazon.com investment in living.com are subject to certain closing conditions, including Hart-Scott-Rodino review. About living.com Launched on July 26, 1999, Austin, Texas-based living.com is the leading online home furnishings site offering furniture, home accessories, bed and bath, lighting and home textiles. The site features easy to use tools and personal advise, such as Room-Designer, Home Office Wizard, Swatch Program, Ask-A-Designer and living.com magazine making it simple and convenient to find items that suit an individuals personal style. Shaun Holliday, former CEO of Guinness Ireland is living.com's CEO. living.com was incorporated in 1998 by founder and chairman Andrew Busey. living.com has raised a total of $41.5 million from Benchmark Capital (eBay, art.com, 1-800 Flowers), Austin Ventures (garden.com, Vignette), Comdisco Ventures, Pivotal Asset Management, GE Capital, and Starbucks Corp. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>SEATTLE--Feb. 1, 2000--Leading online retailer Amazon.com (www.amazon.com)(Nasdaq:AMZN) and living.com, the leading online home products and services retailer (www.living.com), today announced a multi-million dollar agreement to create a Home Living store at Amazon.com.</p><p>Under the agreement, Amazon.com will receive $145 million from living.com over five years in exchange for being the exclusive Amazon.com Home Living store, providing furniture, bedding, home textiles, decorative accessories, tabletop, window treatments, and other related home categories to Amazon.com's more than 16 million customers. The Home Living store will be prominently displayed with other Amazon.com stores.</p><p>Simultaneously, Amazon.com will make an investment in living.com to acquire an 18 percent stake in the company, with warrants for another 9 percent, upon the transaction's closing, which is expected later this quarter.</p><p>The partnership between Amazon.com and living.com will result in greater shopping convenience and selection for Amazon.com customers, who will eventually be able to shop seamlessly between living.com and other Amazon.com stores with similarly high levels of customer service.</p><p>"Joining with companies that share our core value of customer satisfaction is an important part of our strategy to make Amazon.com the place where you can find and discover anything and everything you might be looking to buy online," said Jeff Bezos, founder and CEO of Amazon.com. "By joining with living.com -- and they're as concerned about customers as we are -- we can provide even more selection for Amazon.com customers."</p><p>"We are simply thrilled to join with the world leader in e-tailing and such a top notch organization," said Shaun Holliday, chief executive officer of living.com. "This agreement gives us access to Amazon.com's 16 million customers who are already sold on buying online, it associates living.com with the leading brand in online shopping, and it gives us a way to reach customers and build relationships that others will not be able to duplicate. It also means that living.com will be the leading provider of home living products -- a $180 billion market -- on a valuable piece of e-tail real estate. Further, it puts on a fast track our plans to rapidly broaden our e-tailing offerings."</p><p>Amazon.com will have a seat on the living.com board of directors.</p><p>Both of the agreements relating to the Home Improvement store and the Amazon.com investment in living.com are subject to certain closing conditions, including Hart-Scott-Rodino review.</p><p>About living.com</p><p>Launched on July 26, 1999, Austin, Texas-based living.com is the leading online home furnishings site offering furniture, home accessories, bed and bath, lighting and home textiles. The site features easy to use tools and personal advise, such as Room-Designer, Home Office Wizard, Swatch Program, Ask-A-Designer and living.com magazine making it simple and convenient to find items that suit an individuals personal style. Shaun Holliday, former CEO of Guinness Ireland is living.com's CEO. living.com was incorporated in 1998 by founder and chairman Andrew Busey. living.com has raised a total of $41.5 million from Benchmark Capital (eBay, art.com, 1-800 Flowers), Austin Ventures (garden.com, Vignette), Comdisco Ventures, Pivotal Asset Management, GE Capital, and Starbucks Corp.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Amazon.com to Buy 5% of Audible Inc. and Enters Strategic Alliance Allowing Customers to Access Spoken Audio From Audible.com Through Amazon.com
/news/news-details/2000/Amazon.com-to-Buy-5-of-Audible-Inc.-and-Enters-Strategic-Alliance-Allowing-Customers-to-Access-Spoken-Audio-From-Audible.com-Through-Amazon.com/default.aspx
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Amazon.com to Buy 5% of Audible Inc. and Enters Strategic Alliance Allowing Customers to Access Spoken Audio From Audible.com Through Amazon.com
01/31/2000
2000
--Audible To Be Amazon.com's Exclusive Provider of Spoken-Word Programming for Downloading or Streaming via the Web-- SEATTLE and WAYNE, N.J.--Jan. 31, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) and Audible, Inc. (Nasdaq:ADBL), the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady™ portable digital audio devices, today announced a multi-million dollar agreement to prominently feature content and services from www.audible.com(TM) at Amazon.com. "We're always looking for new ways to deliver more for our customers," said Jeff Bezos, founder and CEO of Amazon.com. "We've chosen Audible to be our exclusive provider because they have established the new standard in the delivery of spoken-word audio via the Web, and they share our core value of customer satisfaction." "Amazon.com provides the ideal platform for our audio service," said Donald Katz, founder and chairman of Audible, Inc. "Our business synergy with Amazon.com's book and consumer electronics stores and their standards for customer excellence will strengthen our leadership position in the online digital spoken-word category." The alliance will give Amazon.com's more than 16 million customers easy access to over 20,000 hours of digital audio content from audible.com. Daily, audible.com features selected audio content from The Wall Street Journal and daily digests of The New York Times, San Jose Mercury News, and Los Angeles Times, as well as The Economist Audio Digest, The Industry Standard, Forbes and Harvard Business Review. It also offers a collection of audiobook bestsellers and classics by authors such as Stephen King, John Grisham, Frank McCourt, Jon Krakauer, Scott Adams, Mary Higgins Clark, James Redfield, James Patterson, William Shakespeare, Emily Dickinson, and Jane Austen. It also provides speeches, lectures, language lessons, and on-demand radio programs, including Marketplace, Car Talk, Fresh Air, and Science Friday. All of the programs at audible.com are available for PC-based playback and on-the-go listening using numerous AudibleReady portable digital audio players offered by leading consumer electronics and computer manufacturers. Under the agreement, which is expected to close later this quarter, Amazon.com will make a strategic investment in Audible Inc. and acquire 5% of the company. In addition, in exchange for promotion of Audible.com's content and services, Amazon.com will receive from Audible $30 million over three years. About Audible, Inc. Audible is the Internet's largest, most diverse provider of premium spoken-audio services for content download or playback on personal computers and AudibleReady(TM) mobile digital audio devices. Audible allows customers to take advantage of their commute, travel and desktop computer time by delivering premium entertainment and information audio while their eyes are busy but their minds are free. Audible's content partners include leading audio book publishers, broadcasters, magazine and newspaper publishers, business information providers, and educational and cultural institutions. Visitors to www.audible.com can browse, sample, purchase and subscribe to more than 20,000 hours of audio programs. Among the Company's key business partners are Casio Inc., Compaq Computer Corporation, S3/Diamond Multimedia Systems Inc., Microsoft Corporation, Royal Philips Electronics, and RealNetworks, Inc. This press release contains information that is not historical fact and may be deemed to contain forward-looking statements. Actual results may differ materially from those anticipated in any forward-looking statements as a result of certain risks and uncertainties, including, without limitation, Audible's limited operating history, history of losses, uncertain market for its services, and its inability to license or produce compelling audio content and other risks and uncertainties detailed in the company's Securities and Exchange Commission filings. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>--Audible To Be Amazon.com's Exclusive Provider of Spoken-Word Programming for Downloading or Streaming via the Web--</p><p>SEATTLE and WAYNE, N.J.--Jan. 31, 2000--Leading online retailer Amazon.com (Nasdaq:AMZN) and Audible, Inc. (Nasdaq:ADBL), the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady™ portable digital audio devices, today announced a multi-million dollar agreement to prominently feature content and services from www.audible.com(TM) at Amazon.com.</p><p>"We're always looking for new ways to deliver more for our customers," said Jeff Bezos, founder and CEO of Amazon.com. "We've chosen Audible to be our exclusive provider because they have established the new standard in the delivery of spoken-word audio via the Web, and they share our core value of customer satisfaction."</p><p>"Amazon.com provides the ideal platform for our audio service," said Donald Katz, founder and chairman of Audible, Inc. "Our business synergy with Amazon.com's book and consumer electronics stores and their standards for customer excellence will strengthen our leadership position in the online digital spoken-word category."</p><p>The alliance will give Amazon.com's more than 16 million customers easy access to over 20,000 hours of digital audio content from audible.com. Daily, audible.com features selected audio content from The Wall Street Journal and daily digests of The New York Times, San Jose Mercury News, and Los Angeles Times, as well as The Economist Audio Digest, The Industry Standard, Forbes and Harvard Business Review. It also offers a collection of audiobook bestsellers and classics by authors such as Stephen King, John Grisham, Frank McCourt, Jon Krakauer, Scott Adams, Mary Higgins Clark, James Redfield, James Patterson, William Shakespeare, Emily Dickinson, and Jane Austen.</p><p>It also provides speeches, lectures, language lessons, and on-demand radio programs, including Marketplace, Car Talk, Fresh Air, and Science Friday. All of the programs at audible.com are available for PC-based playback and on-the-go listening using numerous AudibleReady portable digital audio players offered by leading consumer electronics and computer manufacturers.</p><p>Under the agreement, which is expected to close later this quarter, Amazon.com will make a strategic investment in Audible Inc. and acquire 5% of the company. In addition, in exchange for promotion of Audible.com's content and services, Amazon.com will receive from Audible $30 million over three years.</p><p>About Audible, Inc.</p><p>Audible is the Internet's largest, most diverse provider of premium spoken-audio services for content download or playback on personal computers and AudibleReady(TM) mobile digital audio devices. Audible allows customers to take advantage of their commute, travel and desktop computer time by delivering premium entertainment and information audio while their eyes are busy but their minds are free. Audible's content partners include leading audio book publishers, broadcasters, magazine and newspaper publishers, business information providers, and educational and cultural institutions. Visitors to www.audible.com can browse, sample, purchase and subscribe to more than 20,000 hours of audio programs. Among the Company's key business partners are Casio Inc., Compaq Computer Corporation, S3/Diamond Multimedia Systems Inc., Microsoft Corporation, Royal Philips Electronics, and RealNetworks, Inc.</p><p>This press release contains information that is not historical fact and may be deemed to contain forward-looking statements. Actual results may differ materially from those anticipated in any forward-looking statements as a result of certain risks and uncertainties, including, without limitation, Audible's limited operating history, history of losses, uncertain market for its services, and its inability to license or produce compelling audio content and other risks and uncertainties detailed in the company's Securities and Exchange Commission filings.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Amazon.com Introduces New Logo; New Design Communicates Customer Satisfaction and A-to-Z Selection
/news/news-details/2000/Amazon.com-Introduces-New-Logo-New-Design-Communicates-Customer-Satisfaction-and-A-to-Z-Selection/default.aspx
Amazon.com-Introduces-New-Logo-New-Design-Communicates-Customer-Satisfaction-and-A-to-Z-Selection
4,231
01/25/2000 00:00:00
Amazon.com Introduces New Logo; New Design Communicates Customer Satisfaction and A-to-Z Selection
01/25/2000
2000
SEATTLE--Jan. 25, 2000--Amazon.com, Inc. (Nasdaq:AMZN) today introduced a new company logo designed to better communicate what customers have come to expect at Amazon.com -- a great shopping experience and Earth's Biggest Selection. Only four-and-a-half years after it opened its virtual doors, Amazon.com has become the most widely recognized e-commerce brand in the United States, as rated by online shoppers in a nationwide survey by Opinion Research Corporation. Some 117.8 million adults, or 60 percent of the adult population in the U.S., recognize the Amazon.com brand, according to the survey. In addition, Amazon.com was ranked the 57th most valuable brand worldwide, ahead of Hilton, Guinness, and Marriott, in a June study of global brands by Interbrand Newell and Sorrell. To reflect Amazon.com's brand and its relationship with its more than 16 million customers better, the familiar logo was changed to communicate the company's mission of being the most customer-centric company in the world, most notably by depicting the ultimate expression of customer satisfaction: a smile. Instead of a downward curve underlining amazon.com, a smile now begins under the a and ends with a dimple under the z, emphasizing that Amazon.com offers anything, from A to Z, that customers may be looking to buy online. With the capability of animation, a welcoming and friendlier logo will now greet existing and new customers at Amazon.com. "In a very short period of time, Amazon.com has become one of the world's most recognized brands," said Jaleh Bisharat, vice president, marketing, Amazon.com. "We updated our logo to match the vitality of the brand and to reflect our most important core value -- customer satisfaction. We believe the new logo exudes happiness, is fresh and unique, and has the potential, over time, to join the world's great consumer marks." In just over 18 months, Amazon.com has grown from selling primarily books to selling CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. The company has also launched e-cards, Auctions, and zShops. The A-to-Z emphasis in the new logo communicates this expanded selection. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999. Editor's Note: Please contact Shelley Diamond at 206/266-7180 or shelleyd@amazon.com for digital copies of the new logo.
<p>SEATTLE--Jan. 25, 2000--Amazon.com, Inc. (Nasdaq:AMZN) today introduced a new company logo designed to better communicate what customers have come to expect at Amazon.com -- a great shopping experience and Earth's Biggest Selection.</p><p>Only four-and-a-half years after it opened its virtual doors, Amazon.com has become the most widely recognized e-commerce brand in the United States, as rated by online shoppers in a nationwide survey by Opinion Research Corporation. Some 117.8 million adults, or 60 percent of the adult population in the U.S., recognize the Amazon.com brand, according to the survey. In addition, Amazon.com was ranked the 57th most valuable brand worldwide, ahead of Hilton, Guinness, and Marriott, in a June study of global brands by Interbrand Newell and Sorrell.</p><p>To reflect Amazon.com's brand and its relationship with its more than 16 million customers better, the familiar logo was changed to communicate the company's mission of being the most customer-centric company in the world, most notably by depicting the ultimate expression of customer satisfaction: a smile. Instead of a downward curve underlining amazon.com, a smile now begins under the a and ends with a dimple under the z, emphasizing that Amazon.com offers anything, from A to Z, that customers may be looking to buy online. With the capability of animation, a welcoming and friendlier logo will now greet existing and new customers at Amazon.com.</p><p>"In a very short period of time, Amazon.com has become one of the world's most recognized brands," said Jaleh Bisharat, vice president, marketing, Amazon.com. "We updated our logo to match the vitality of the brand and to reflect our most important core value -- customer satisfaction. We believe the new logo exudes happiness, is fresh and unique, and has the potential, over time, to join the world's great consumer marks."</p><p>In just over 18 months, Amazon.com has grown from selling primarily books to selling CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. The company has also launched e-cards, Auctions, and zShops. The A-to-Z emphasis in the new logo communicates this expanded selection.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p><p>Editor's Note: Please contact Shelley Diamond at 206/266-7180 or shelleyd@amazon.com for digital copies of the new logo.</p>
Daytona International Speedway and Amazon.com Auctions Give Race Enthusiasts an Opportunity to Bid for Charity
/news/news-details/2000/Daytona-International-Speedway-and-Amazon.com-Auctions-Give-Race-Enthusiasts-an-Opportunity-to-Bid-for-Charity/default.aspx
Daytona-International-Speedway-and-Amazon.com-Auctions-Give-Race-Enthusiasts-an-Opportunity-to-Bid-for-Charity
4,232
01/24/2000 00:00:00
Daytona International Speedway and Amazon.com Auctions Give Race Enthusiasts an Opportunity to Bid for Charity
01/24/2000
2000
Proceeds from auction of racing memorabilia to benefit The Hole In The Wall Gang Camps DAYTONA, Fla. and SEATTLE--Jan. 24, 2000--Memorabilia of NASCAR Winston Cup Champions Richard Petty, Dale Earnhardt, and Jeff Gordon are just samples of what race enthusiasts can expect to bid on in the Daytona Speedweeks Charity Auction at Amazon.com Auctions. Proceeds will benefit The Hole In The Wall Gang Camps, founded for kids by Paul Newman. The Hole In The Wall Gang Camps are a group of camps in the U.S. and Europe where children with chronic and life-threatening illnesses can have fun while continuing treatment. From February 7 to 27, many NASCAR-related items will be placed on the auction block at www.amazon.com/daytona, including signed team and sponsor apparel, once-in-a-lifetime experiences with drivers, actual items from the 2000 Daytona 500, and other items never put up for auction before. Some initial highlights from the upcoming auction include: -- Autographed Jeff Gordon Rainbow Warrior Helmet This helmet was on display in DAYTONA USA, The Official Attraction of NASCAR, for the year following his 1997 Daytona 500 win. -- Dale Earnhardt's Gloves from his 1998 Daytona 500 Win The actual gloves worn by seven-time NASCAR Winston Cup Series Champion Dale Earnhardt as he drove to victory in the 1998 Daytona 500 at Daytona International Speedway. -- Lunch with the King, Richard Petty Join seven-time NASCAR Winston Cup Series Champion Richard Petty for lunch and a personal tour of the Richard Petty Driving Experience shop in Harrisburg, North Carolina, and then strap into a 600-plus-horsepower stock car for the full effect of what it's like to drive a real stock car at Lowe's Motor Speedway. -- Lunch with Ray Evernham, Dodge Motorsports Team Owner Have lunch with America's winningest crew chief, Ray Evernham, now leading Dodge Motorsport's Winston Cup effort. Lunch will be at the Evernham motorsports garage in Harrisburg, North Carolina. See first-hand how Ray and his team are building the Dodge Intrepid R/T, scheduled to race in the Daytona 500 in the year 2001. "Daytona International Speedway, 'The World Center of Racing,' is very glad to be participating in such an outstanding event," said Glyn Johnston, director of communications for Daytona International Speedway. "Here we not only benefit our great race fans, but also The Hole In The Wall Gang Camps. By helping facilitate this auction, with benefits going to the Camps, Daytona International Speedway is taking another step in helping to bring fun and enjoyment into the lives of children with chronic illnesses." "The Hole In The Wall Gang Camps are honored to be partnering with Amazon.com Auctions and Daytona International Speedway on this auction," said Sarah Gurtis, vice president, The Hole In The Wall Gang Camps. "Our founder, Paul Newman, has had a long association with motorsports as both a team owner and competitor. Motorsports fans are noted for both their enthusiasm and generosity, and now our campers and their families will benefit directly from that support." "We know how dedicated race fans are and we are delighted to give them an opportunity to own something from their favorite driver, while at the same time contributing to a good cause," said Jeff Blackburn, general manager Amazon.com Auctions. "We applaud The Hole In The Wall Gang Camps for the joy they bring to so many children, and are glad we could help benefit such a fine organization." In addition to this special auction, race enthusiasts will be able to find a vast and incredible selection of racing memorabilia and products on Amazon.com Auctions and Amazon.com zShops. About Daytona International Speedway Daytona International Speedway is one of 11 major motorsports facilities owned and/or operated by International Speedway Corporation, a leading promoter of motorsports activities in the United States, currently promoting more than 100 events annually. Daytona International Speedway is home to the Daytona 500, Pepsi 400, The Rolex 24 at Daytona, Daytona 200 by Arai, and numerous other events and races. About The Hole In The Wall Gang Camps The Hole In The Wall Gang Camps, founded by Paul Newman, serve children dealing with chronic and life-threatening illnesses by creating memorable, old-fashioned camping experiences. With state-of-the-art medical services available, children are empowered, in the words of Paul Newman, to "kick back, relax, and raise a little hell." There are currently four camps in the U.S. and two overseas. No child or family pays to attend a Hole In The Wall Gang Camp. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999 and September 30, 1999.
<p>Proceeds from auction of racing memorabilia to benefit The Hole In The Wall Gang Camps</p><p>DAYTONA, Fla. and SEATTLE--Jan. 24, 2000--Memorabilia of NASCAR Winston Cup Champions Richard Petty, Dale Earnhardt, and Jeff Gordon are just samples of what race enthusiasts can expect to bid on in the Daytona Speedweeks Charity Auction at Amazon.com Auctions.</p><p>Proceeds will benefit The Hole In The Wall Gang Camps, founded for kids by Paul Newman. The Hole In The Wall Gang Camps are a group of camps in the U.S. and Europe where children with chronic and life-threatening illnesses can have fun while continuing treatment.</p><p>From February 7 to 27, many NASCAR-related items will be placed on the auction block at www.amazon.com/daytona, including signed team and sponsor apparel, once-in-a-lifetime experiences with drivers, actual items from the 2000 Daytona 500, and other items never put up for auction before.</p><p>Some initial highlights from the upcoming auction include:</p><p>-- Autographed Jeff Gordon Rainbow Warrior Helmet</p><pre> This helmet was on display in DAYTONA USA, The Official Attraction of NASCAR, for the year following his 1997 Daytona 500 win.-- Dale Earnhardt's Gloves from his 1998 Daytona 500 Win The actual gloves worn by seven-time NASCAR Winston Cup Series Champion Dale Earnhardt as he drove to victory in the 1998 Daytona 500 at Daytona International Speedway.-- Lunch with the King, Richard Petty Join seven-time NASCAR Winston Cup Series Champion Richard Petty for lunch and a personal tour of the Richard Petty Driving Experience shop in Harrisburg, North Carolina, and then strap into a 600-plus-horsepower stock car for the full effect of what it's like to drive a real stock car at Lowe's Motor Speedway.-- Lunch with Ray Evernham, Dodge Motorsports Team Owner Have lunch with America's winningest crew chief, Ray Evernham, now leading Dodge Motorsport's Winston Cup effort. Lunch will be at the Evernham motorsports garage in Harrisburg, North Carolina. See first-hand how Ray and his team are building the Dodge Intrepid R/T, scheduled to race in the Daytona 500 in the year 2001. "Daytona International Speedway, 'The World Center of Racing,' is</pre><p>very glad to be participating in such an outstanding event," said Glyn Johnston, director of communications for Daytona International Speedway. "Here we not only benefit our great race fans, but also The Hole In The Wall Gang Camps. By helping facilitate this auction, with benefits going to the Camps, Daytona International Speedway is taking another step in helping to bring fun and enjoyment into the lives of children with chronic illnesses."</p><p>"The Hole In The Wall Gang Camps are honored to be partnering with Amazon.com Auctions and Daytona International Speedway on this auction," said Sarah Gurtis, vice president, The Hole In The Wall Gang Camps. "Our founder, Paul Newman, has had a long association with motorsports as both a team owner and competitor. Motorsports fans are noted for both their enthusiasm and generosity, and now our campers and their families will benefit directly from that support."</p><p>"We know how dedicated race fans are and we are delighted to give them an opportunity to own something from their favorite driver, while at the same time contributing to a good cause," said Jeff Blackburn, general manager Amazon.com Auctions. "We applaud The Hole In The Wall Gang Camps for the joy they bring to so many children, and are glad we could help benefit such a fine organization."</p><p>In addition to this special auction, race enthusiasts will be able to find a vast and incredible selection of racing memorabilia and products on Amazon.com Auctions and Amazon.com zShops.</p><p>About Daytona International Speedway</p><p>Daytona International Speedway is one of 11 major motorsports facilities owned and/or operated by International Speedway Corporation, a leading promoter of motorsports activities in the United States, currently promoting more than 100 events annually. Daytona International Speedway is home to the Daytona 500, Pepsi 400, The Rolex 24 at Daytona, Daytona 200 by Arai, and numerous other events and races.</p><p>About The Hole In The Wall Gang Camps</p><p>The Hole In The Wall Gang Camps, founded by Paul Newman, serve children dealing with chronic and life-threatening illnesses by creating memorable, old-fashioned camping experiences. With state-of-the-art medical services available, children are empowered, in the words of Paul Newman, to "kick back, relax, and raise a little hell." There are currently four camps in the U.S. and two overseas. No child or family pays to attend a Hole In The Wall Gang Camp.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service -- with operations in Seattle; Portland, Oregon; and Southern California -- at www.homegrocer.com; Gear.com, which offers brand name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999 and September 30, 1999.</p>
Amazon.com Enters Important, New Strategic Partnership With drugstore.com, Allowing Customers to Buy drugstore.com Products Through Amazon.com
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Amazon.com Enters Important, New Strategic Partnership With drugstore.com, Allowing Customers to Buy drugstore.com Products Through Amazon.com
01/24/2000
2000
SEATTLE--Jan. 24, 2000-- Amazon.com Makes Additional Minority Investment in drugstore.com and Receives $105 million for a drugstore.com "Tab" at Amazon.com Amazon.com (Nasdaq:AMZN), the leading online retailer, and drugstore.com(TM) (Nasdaq:DSCM), the leading online drugstore, today announced a multi-million dollar agreement to integrate a number of the companies' shopping features and create a drugstore.com shopping "tab" at Amazon.com. Under the agreement, Amazon.com will receive $105 million over three years. At the same time, Amazon.com will make an additional $30 million investment in drugstore.com, bringing its total stake in drugstore.com to almost 28% of the outstanding drugstore.com common stock, upon closing of the transaction. The agreement means that soon -- for the first time ever -- an Amazon.com investment partner will be prominently featured on Amazon.com as a permanent part of Amazon.com's regular navigational structure. Additional features that make shopping still easier --integrated 1-Click(R) shopping, a shared shopping basket, and more integrated search and browse capabilities -- are planned for later. The result will be greater shopping convenience and selection for Amazon.com's more than 16 million customers, who will eventually be able to shop seamlessly between drugstore.com and other Amazon.com stores with equally high levels of customer service. "We're working to make Amazon.com the only place where you can find anything and everything you might want to buy online -- what you're seeing today is a completely new component of that strategy," said Jeff Bezos, founder and CEO of Amazon.com. "We chose drugstore.com to be our first partner with this level of tight integration because they obsess over customers the way we do, and we expect more arrangements like this when it makes sense for customers." "Our partnership has been so successful and so valuable for customers that it makes sense for us to take it to a new and enhanced level, " said Peter Neupert, president and CEO of drugstore.com. "This deeper integration with Amazon.com demonstrates both companies' ongoing commitment to constantly evolve and improve the customer experience." Amazon.com originally acquired a minority stake in drugstore.com in August 1998. In the past, Amazon.com has introduced drugstore.com to Amazon.com customers by offering temporary links on the Amazon.com home page and by distributing drugstore.com gift certificates to Amazon.com customers. About Drugstore.com drugstore.com (Nasdaq:DSCM) is a leading on-line drugstore and information site offering What Every Body Needs(TM) for health, beauty, wellness, personal care and pharmacy products. drugstore.com provides a convenient, private and informative shopping experience that encourages consumers to purchase products essential to healthy, everyday living. drugstore.com offers thousands of brand-name personal healthcare products at competitive prices, a full-service, licensed mail pharmacy, along with a wealth of health-related information, buying guides and other tools designed to help consumers make informed purchasing decisions. Consumers can personalize their shopping experiences with shopping lists, e-mail reminders for replenishing regularly used products and private e-mail access to pharmacists and beauty experts for questions. drugstore.com has been awarded the Verified Internet Pharmacy Practice Sites (VIPPS) certification by the National Association of Boards of Pharmacy (NABP) as a fully licensed facility exercising the best safe pharmacy practices in compliance with federal and state laws and regulations. drugstore.com has also been rated the top Health category site by Forrester PowerRankings, which provides objective rankings of the leading eCommerce sites. The company has strategic relationships with Amazon.com (Nasdaq:AMZN), Rite Aid Corporation (RAD: NYSE, PSE), and General Nutrition Companies, among others. drugstore.com and What Every Body Needs are trademarks of drugstore.com, inc. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc. and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com seeks to be the world's most customer-centric company where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service, with operations in Seattle, Portland, Oregon, and Southern California, at www.homegrocer.com; Gear.com, which offers brand name sporting goods at prices from 20% to 90% off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at (www.nextcard.com). This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999 and September 30, 1999.
<p>SEATTLE--Jan. 24, 2000--</p><p>Amazon.com Makes Additional Minority Investment in drugstore.com</p><p>and Receives $105 million for a drugstore.com "Tab" at Amazon.com</p><p>Amazon.com (Nasdaq:AMZN), the leading online retailer, and drugstore.com(TM) (Nasdaq:DSCM), the leading online drugstore, today announced a multi-million dollar agreement to integrate a number of the companies' shopping features and create a drugstore.com shopping "tab" at Amazon.com. Under the agreement, Amazon.com will receive $105 million over three years.</p><p>At the same time, Amazon.com will make an additional $30 million investment in drugstore.com, bringing its total stake in drugstore.com to almost 28% of the outstanding drugstore.com common stock, upon closing of the transaction.</p><p>The agreement means that soon -- for the first time ever -- an Amazon.com investment partner will be prominently featured on Amazon.com as a permanent part of Amazon.com's regular navigational structure. Additional features that make shopping still easier --integrated 1-Click(R) shopping, a shared shopping basket, and more integrated search and browse capabilities -- are planned for later.</p><p>The result will be greater shopping convenience and selection for Amazon.com's more than 16 million customers, who will eventually be able to shop seamlessly between drugstore.com and other Amazon.com stores with equally high levels of customer service.</p><p>"We're working to make Amazon.com the only place where you can find anything and everything you might want to buy online -- what you're seeing today is a completely new component of that strategy," said Jeff Bezos, founder and CEO of Amazon.com. "We chose drugstore.com to be our first partner with this level of tight integration because they obsess over customers the way we do, and we expect more arrangements like this when it makes sense for customers."</p><p>"Our partnership has been so successful and so valuable for customers that it makes sense for us to take it to a new and enhanced level, " said Peter Neupert, president and CEO of drugstore.com. "This deeper integration with Amazon.com demonstrates both companies' ongoing commitment to constantly evolve and improve the customer experience."</p><p>Amazon.com originally acquired a minority stake in drugstore.com in August 1998. In the past, Amazon.com has introduced drugstore.com to Amazon.com customers by offering temporary links on the Amazon.com home page and by distributing drugstore.com gift certificates to Amazon.com customers.</p><p>About Drugstore.com</p><p>drugstore.com (Nasdaq:DSCM) is a leading on-line drugstore and information site offering What Every Body Needs(TM) for health, beauty, wellness, personal care and pharmacy products. drugstore.com provides a convenient, private and informative shopping experience that encourages consumers to purchase products essential to healthy, everyday living. drugstore.com offers thousands of brand-name personal healthcare products at competitive prices, a full-service, licensed mail pharmacy, along with a wealth of health-related information, buying guides and other tools designed to help consumers make informed purchasing decisions. Consumers can personalize their shopping experiences with shopping lists, e-mail reminders for replenishing regularly used products and private e-mail access to pharmacists and beauty experts for questions.</p><p>drugstore.com has been awarded the Verified Internet Pharmacy Practice Sites (VIPPS) certification by the National Association of Boards of Pharmacy (NABP) as a fully licensed facility exercising the best safe pharmacy practices in compliance with federal and state laws and regulations. drugstore.com has also been rated the top Health category site by Forrester PowerRankings, which provides objective rankings of the leading eCommerce sites.</p><p>The company has strategic relationships with Amazon.com (Nasdaq:AMZN), Rite Aid Corporation (RAD: NYSE, PSE), and General Nutrition Companies, among others.</p><p>drugstore.com and What Every Body Needs are trademarks of drugstore.com, inc.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc. and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 16 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com seeks to be the world's most customer-centric company where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service, with operations in Seattle, Portland, Oregon, and Southern California, at www.homegrocer.com; Gear.com, which offers brand name sporting goods at prices from 20% to 90% off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at (www.nextcard.com).</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999 and September 30, 1999.</p>
Amazon.com and Online Car-Buying Service Greenlight.com Announce Strategic Investment and Promotional Agreement
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Amazon.com and Online Car-Buying Service Greenlight.com Announce Strategic Investment and Promotional Agreement
01/21/2000
2000
SEATTLE--Jan. 21, 2000--Amazon.com (Nasdaq:AMZN), the leading online retailer, today announced that it has agreed to acquire a stake in Greenlight.com, the only online car buying company that gives consumers the convenience and control of online purchasing coupled with the support of a leading network of premiere auto dealers. Amazon.com has agreed to acquire 5% of the outstanding shares of Greenlight.com. In addition, under a promotional agreement, Amazon.com will help introduce Greenlight.com to Amazon.com's more than 16 million experienced online shoppers, and, in return, Amazon.com will receive $82.5 million over five years and receive warrants to increase its stake to as much as 30% over the five years. Greenlight.com goes well beyond the referral model and offers consumers the ultimate car buying experience -- a no-hassle, no-pressure way to research, choose and buy exactly the car they want; 24-hour, 7 day-a-week customer service; and strong, ongoing support from local dealers during and after purchase. "We're delighted to join forces with Greenlight.com so that customers can enjoy the benefits of online car shopping with dealers committed to customer service," said Jeff Bezos, founder and CEO of Amazon.com. "Greenlight.com makes it easy for dealers everywhere to participate in e-commerce and reach new customers." "We are excited to be teaming up with the e-commerce leader," said Todd Collins, CEO of Greenlight.com. "We know that Amazon.com works only with companies that offer the highest standard of customer service, and their strategic investment validates the Greenlight.com way to buy new cars online. Now that Greenlight.com has teamed up with Amazon.com and its customer base of 16 million experienced online shoppers, no one else can deliver so many potential new-car buyers." Greenlight.com is developing a network of prominent car dealers throughout the United States who share a common characteristic: a commitment to working with Greenlight.com to support consumers before, during and after the online purchase of a new car. Greenlight.com is currently available to consumers in Atlanta, Ga., Greensboro, N.C., as well as Jacksonville and Orlando, Fla., with national expansion planned for early spring. Greenlight.com continues to build its network by recruiting the most customer service-oriented dealers across the United States. About Greenlight.com Founded in San Mateo, CA in 1999, Greenlight.com is the only company that offers car buyers the control of purchasing online, plus the benefit of ongoing service and support from local dealerships. Greenlight.com simplifies the buying process by helping customers customize their car, lock in a low price in real time, order online and arrange for delivery, with the convenience of never having to leave their home. Greenlight.com is backed by Kleiner Perkins Caufield & Byers, Silicon Valley's premier venture capital firm, and Asbury Automotive, the largest private network of national auto dealerships, backed by Ripplewood Holdings and Freeman Spogli. To shop for a car or to get more information about Greenlight.com, visit the company on the Web at http://www.greenlight.com. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc. and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 13 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com seeks to be the world's most customer-centric company where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service, with operations in Seattle, Portland, Oregon, and Southern California, at www.homegrocer.com; Gear.com, which offers brand name sporting goods at prices from 20% to 90% off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at (www.nextcard.com). This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999 and September 30, 1999.
<p>SEATTLE--Jan. 21, 2000--Amazon.com (Nasdaq:AMZN), the leading online retailer, today announced that it has agreed to acquire a stake in Greenlight.com, the only online car buying company that gives consumers the convenience and control of online purchasing coupled with the support of a leading network of premiere auto dealers.</p><p>Amazon.com has agreed to acquire 5% of the outstanding shares of Greenlight.com. In addition, under a promotional agreement, Amazon.com will help introduce Greenlight.com to Amazon.com's more than 16 million experienced online shoppers, and, in return, Amazon.com will receive $82.5 million over five years and receive warrants to increase its stake to as much as 30% over the five years.</p><p>Greenlight.com goes well beyond the referral model and offers consumers the ultimate car buying experience -- a no-hassle, no-pressure way to research, choose and buy exactly the car they want; 24-hour, 7 day-a-week customer service; and strong, ongoing support from local dealers during and after purchase.</p><p>"We're delighted to join forces with Greenlight.com so that customers can enjoy the benefits of online car shopping with dealers committed to customer service," said Jeff Bezos, founder and CEO of Amazon.com. "Greenlight.com makes it easy for dealers everywhere to participate in e-commerce and reach new customers."</p><p>"We are excited to be teaming up with the e-commerce leader," said Todd Collins, CEO of Greenlight.com. "We know that Amazon.com works only with companies that offer the highest standard of customer service, and their strategic investment validates the Greenlight.com way to buy new cars online. Now that Greenlight.com has teamed up with Amazon.com and its customer base of 16 million experienced online shoppers, no one else can deliver so many potential new-car buyers."</p><p>Greenlight.com is developing a network of prominent car dealers throughout the United States who share a common characteristic: a commitment to working with Greenlight.com to support consumers before, during and after the online purchase of a new car. Greenlight.com is currently available to consumers in Atlanta, Ga., Greensboro, N.C., as well as Jacksonville and Orlando, Fla., with national expansion planned for early spring. Greenlight.com continues to build its network by recruiting the most customer service-oriented dealers across the United States.</p><p>About Greenlight.com</p><p>Founded in San Mateo, CA in 1999, Greenlight.com is the only company that offers car buyers the control of purchasing online, plus the benefit of ongoing service and support from local dealerships. Greenlight.com simplifies the buying process by helping customers customize their car, lock in a low price in real time, order online and arrange for delivery, with the convenience of never having to leave their home. Greenlight.com is backed by Kleiner Perkins Caufield &amp; Byers, Silicon Valley's premier venture capital firm, and Asbury Automotive, the largest private network of national auto dealerships, backed by Ripplewood Holdings and Freeman Spogli. To shop for a car or to get more information about Greenlight.com, visit the company on the Web at http://www.greenlight.com.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc. and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 13 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com seeks to be the world's most customer-centric company where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service, with operations in Seattle, Portland, Oregon, and Southern California, at www.homegrocer.com; Gear.com, which offers brand name sporting goods at prices from 20% to 90% off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at (www.nextcard.com).</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999 and September 30, 1999.</p>
Amazon.com to Open Customer Service Center in Huntington, West Virginia, to Meet Rapid Growth
/news/news-details/2000/Amazon.com-to-Open-Customer-Service-Center-in-Huntington-West-Virginia-to-Meet-Rapid-Growth/default.aspx
Amazon.com-to-Open-Customer-Service-Center-in-Huntington-West-Virginia-to-Meet-Rapid-Growth
4,235
01/13/2000 00:00:00
Amazon.com to Open Customer Service Center in Huntington, West Virginia, to Meet Rapid Growth
01/13/2000
2000
HUNTINGTON, W.Va.-January 13, 2000-Enhancing the company's commitment to customer service, leading online retailer Amazon.com, announced plans today to open its first customer service center on the East Coast in April in Huntington, West Virginia. In response to Amazon.com's growing global customer base, the new customer service center will support the company's retail and marketplace customers from around the world who shop at www.amazon.com or sell via sothebys.amazon.com, zShops, and Auctions. "The customer service center in Huntington means that growing numbers of Amazon.com customers will be able to receive swift and efficient service for all pre- and post-sales across all major time zones," said Joe Galli, Amazon.com's president and chief operating officer. "Our analysis of Huntington revealed a strong customer-oriented culture. So we're excited to call Huntington home as we build on our goal to be the most customer-centric company on earth," Galli added. "Offering our customers the best shopping experience has always been at the core of Amazon.com," said Jeff Bezos, founder and chief executive officer of Amazon.com. "Following through on that tradition and commitment is a key consideration of our customer service representatives, who day in and day out go the extra mile for our customers." The Huntington customer service center is expected to be fully operational in April and will be managed by Rob Gannon, site director. Gannon will report to Bill Price, vice president of customer service at Amazon.com. With the addition of the Huntington customer service center, Amazon.com will have a total of seven customer service centers, including Seattle; Tacoma, Wash.; Slough, England; Regensburg, Germany; Grand Forks, N.D.; and The Hague, Netherlands. The Huntington customer service center will be owned and operated by a subsidiary of Amazon.com, Inc., Amazon.com.wvcs, Inc. Huntington Open House Amazon.com will have recruiters at the Civic Center (One Civic Center Plaza) in Huntington for an open house on Friday, January 14, and Saturday, January 15, to receive applications and résumés. Hours of the open house are as follows: Friday from 12 p.m. to 8 p.m. and Saturday from 10 a.m. to 6 p.m. Interviews for part- and full-time customer service positions will be held by company recruiters in the first week of February. Interested applicants can call Amazon.com's recruiting line toll-free at 1-877-243-2910 for more information. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ: AMZN - news) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 15 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service, with operations in Seattle, Portland, Oregon, and Southern California, at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20% to 90% off retail, at www.gear.com; and Ashford.com (NASDAQ: ASFD - news), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks of distribution center expansion, risks related to fourth-quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.
<p>HUNTINGTON, W.Va.-January 13, 2000-Enhancing the company's commitment to customer service, leading online retailer Amazon.com, announced plans today to open its first customer service center on the East Coast in April in Huntington, West Virginia.</p><p>In response to Amazon.com's growing global customer base, the new customer service center will support the company's retail and marketplace customers from around the world who shop at www.amazon.com or sell via sothebys.amazon.com, zShops, and Auctions.</p><p>"The customer service center in Huntington means that growing numbers of Amazon.com customers will be able to receive swift and efficient service for all pre- and post-sales across all major time zones," said Joe Galli, Amazon.com's president and chief operating officer.</p><p>"Our analysis of Huntington revealed a strong customer-oriented culture. So we're excited to call Huntington home as we build on our goal to be the most customer-centric company on earth," Galli added.</p><p>"Offering our customers the best shopping experience has always been at the core of Amazon.com," said Jeff Bezos, founder and chief executive officer of Amazon.com. "Following through on that tradition and commitment is a key consideration of our customer service representatives, who day in and day out go the extra mile for our customers."</p><p>The Huntington customer service center is expected to be fully operational in April and will be managed by Rob Gannon, site director. Gannon will report to Bill Price, vice president of customer service at Amazon.com. With the addition of the Huntington customer service center, Amazon.com will have a total of seven customer service centers, including Seattle; Tacoma, Wash.; Slough, England; Regensburg, Germany; Grand Forks, N.D.; and The Hague, Netherlands. The Huntington customer service center will be owned and operated by a subsidiary of Amazon.com, Inc., Amazon.com.wvcs, Inc.</p><p>Huntington Open House</p><p>Amazon.com will have recruiters at the Civic Center (One Civic Center Plaza) in Huntington for an open house on Friday, January 14, and Saturday, January 15, to receive applications and résumés. Hours of the open house are as follows: Friday from 12 p.m. to 8 p.m. and Saturday from 10 a.m. to 6 p.m. Interviews for part- and full-time customer service positions will be held by company recruiters in the first week of February. Interested applicants can call Amazon.com's recruiting line toll-free at 1-877-243-2910 for more information.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ: AMZN - news) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 15 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service, with operations in Seattle, Portland, Oregon, and Southern California, at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20% to 90% off retail, at www.gear.com; and Ashford.com (NASDAQ: ASFD - news), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com.</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks of distribution center expansion, risks related to fourth-quarter performance, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999, and September 30, 1999.</p>
Consumer Electronics Lead Amazon.com's List of Top Products
/news/news-details/2000/Consumer-Electronics-Lead-Amazon.coms-List-of-Top-Products/default.aspx
Consumer-Electronics-Lead-Amazon.coms-List-of-Top-Products
4,236
01/06/2000 00:00:00
Consumer Electronics Lead Amazon.com's List of Top Products
01/06/2000
2000
Gomez Advisors Rates Amazon.com Best Electronics Store Online SEATTLE - January 6, 2000--Leading online retailer Amazon.com (NASDAQ: AMZN) today announced that sales at its Electronics and Software store surged in the fourth quarter of 1999. Sales in December alone exceeded cumulative sales during the store's first five months of operation. Amazon.com's number one product by dollar sales across all product lines in December was the 3Com Palm V Connected Organizer. A total of six electronics products were included in Amazon.com's top 10 revenue-generating items for all retail stores for the month: 3Com Palm V Connected Organizer Garmin GPS III+ Personal Navigator 3Com Palm IIIx Connected Organizer Panasonic DVD-L50 Palm Theater Nikon Coolpix 950 Digital Camera Olympus D-450 Zoom Digital Camera Amazon.com disclosed the sales data in conjunction with the opening of the Consumer Electronics Show in Las Vegas today. "We're thrilled and grateful that so many of our customers chose Amazon.com for their electronics and software needs this holiday season," said Joe Galli, president and COO of Amazon.com. Despite being a new store, Amazon.com's reputation as the best place for customers to find and discover consumer electronics has been widely recognized. In December 1999, Amazon.com was ranked the No. 1 Online Electronics Store by Gomez Advisors Inc., a leading provider of online research and analysis. In addition, Amazon.com tied for the top overall customer satisfaction rating among online electronics retailers in a December 1999 poll conducted by Harris Interactive, a leading internet-based market research and polling firm. Electronics shoppers have been quick to embrace the opportunity to shop online. More than half the Amazon.com Electronics customers surveyed recently by Amazon.com described their online shopping experience as better than their experiences in physical brick and mortar stores. Significantly, 90 percent of customers surveyed said they would buy electronics from Amazon.com again. The growth and recognition of Amazon.com's new Electronics and Software store has led to a growing interest among manufacturers in selling electronics online. "We've enjoyed successful alliances with Hewlett Packard, Xerox, Olympus, and others, and look forward to working with additional manufacturers as we bring our customers the latest and greatest in electronics," said Chris Payne, general manager of Amazon.com's Electronics and Software store. Launched in July 1999, the Amazon.com Electronics and Software store features a full range of popular electronic products and brands, and a complete software line of office, educational, and gaming titles. To help customers choose from this large selection, Amazon.com Electronics and Software provides detailed buying guides and expert product reviews. These, combined with candid comments and ratings from people who have bought and used the products, make it easy for shoppers to choose the right products for their needs. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc. and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN - news) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 15 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com seeks to be the world's most customer-centric company where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service, with operations in Seattle, Portland, Oregon, and Southern California, at www.homegrocer.com; Gear.com, which offers brand name sporting goods at prices from 20% to 90% off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD - news), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also `has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at (www.nextcard.com). This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999 and September 30, 1999.
<p>Gomez Advisors Rates Amazon.com Best Electronics Store Online</p><p>SEATTLE - January 6, 2000--Leading online retailer Amazon.com (NASDAQ: AMZN) today announced that sales at its Electronics and Software store surged in the fourth quarter of 1999. Sales in December alone exceeded cumulative sales during the store's first five months of operation.</p><p>Amazon.com's number one product by dollar sales across all product lines in December was the 3Com Palm V Connected Organizer. A total of six electronics products were included in Amazon.com's top 10 revenue-generating items for all retail stores for the month:</p><ul><li>3Com Palm V Connected Organizer</li><li>Garmin GPS III+ Personal Navigator</li><li>3Com Palm IIIx Connected Organizer</li><li>Panasonic DVD-L50 Palm Theater</li><li>Nikon Coolpix 950 Digital Camera</li><li>Olympus D-450 Zoom Digital Camera</li></ul><p>Amazon.com disclosed the sales data in conjunction with the opening of the Consumer Electronics Show in Las Vegas today. "We're thrilled and grateful that so many of our customers chose Amazon.com for their electronics and software needs this holiday season," said Joe Galli, president and COO of Amazon.com.</p><p>Despite being a new store, Amazon.com's reputation as the best place for customers to find and discover consumer electronics has been widely recognized. In December 1999, Amazon.com was ranked the No. 1 Online Electronics Store by Gomez Advisors Inc., a leading provider of online research and analysis. In addition, Amazon.com tied for the top overall customer satisfaction rating among online electronics retailers in a December 1999 poll conducted by Harris Interactive, a leading internet-based market research and polling firm.</p><p>Electronics shoppers have been quick to embrace the opportunity to shop online. More than half the Amazon.com Electronics customers surveyed recently by Amazon.com described their online shopping experience as better than their experiences in physical brick and mortar stores. Significantly, 90 percent of customers surveyed said they would buy electronics from Amazon.com again.</p><p>The growth and recognition of Amazon.com's new Electronics and Software store has led to a growing interest among manufacturers in selling electronics online. "We've enjoyed successful alliances with Hewlett Packard, Xerox, Olympus, and others, and look forward to working with additional manufacturers as we bring our customers the latest and greatest in electronics," said Chris Payne, general manager of Amazon.com's Electronics and Software store.</p><p>Launched in July 1999, the Amazon.com Electronics and Software store features a full range of popular electronic products and brands, and a complete software line of office, educational, and gaming titles. To help customers choose from this large selection, Amazon.com Electronics and Software provides detailed buying guides and expert product reviews. These, combined with candid comments and ratings from people who have bought and used the products, make it easy for shoppers to choose the right products for their needs.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc. and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (Nasdaq:AMZN - news) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 15 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com seeks to be the world's most customer-centric company where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service, with operations in Seattle, Portland, Oregon, and Southern California, at www.homegrocer.com; Gear.com, which offers brand name sporting goods at prices from 20% to 90% off retail, at www.gear.com; and Ashford.com (Nasdaq:ASFD - news), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also `has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at (www.nextcard.com).</p><p>This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter, risks of system interruption, management of potential growth, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999 and September 30, 1999.</p>
Shoppers Choose Amazon.com In Record Numbers For Holiday Shopping
/news/news-details/2000/Shoppers-Choose-Amazon.com-In-Record-Numbers-For-Holiday-Shopping/default.aspx
Shoppers-Choose-Amazon.com-In-Record-Numbers-For-Holiday-Shopping
4,237
01/05/2000 00:00:00
Shoppers Choose Amazon.com In Record Numbers For Holiday Shopping
01/05/2000
2000
Strong Sales in Tools, Electronics and Toys More than 2.5 Million New Customers in Holiday Season; Company Achieves $2.6 Billion Sales Run-Rate SEATTLE-January 5, 2000--Powered by a strong holiday season, Amazon.com (NASDAQ:AMZN) announced today that its 1999 fourth-quarter sales totaled more than $650 million, more than two and one-half times 1998's fourth quarter sales of $253 million and greater than its $610 million in sales for the whole year of 1998. Based on fourth quarter sales, Amazon.com has reached a $2.6 billion annualized sales level less than four and one-half years after opening for business. Shoppers seeking to save time and money, avoid holiday shopping hassles, and select the ideal gift produced strong sales across all Amazon.com product lines. Customer demand in Amazon.com's newer stores was so strong that they accounted for more than half of total company revenues, with U.S.-based book sales accounting for the rest. As recently as 18 months ago, Amazon.com only sold books from its U.S. base. Amazon.com began the holiday shopping season on Nov. 10, with the launch of its home improvement, software, video games, and gift stores. From then until Dec. 31 (just over 7 weeks): More than 2.5 million new customers shopped with Amazon.com for the first time. Amazon.com shipped roughly 20 million items. The company experienced peak shipping of approximately $16 million in one day, more than total company sales in 1996. Well over 99% of orders shipped in time to meet holiday deadlines--even orders placed as late as Dec. 23. Amazon.com was the top-ranked e-commerce site for the holiday shopping season from Nov. 22 to Dec. 26, with an average of 5,693,000 unique visitors a week, according to Media Metrix. Amazon.com was also the sixth most-visited Internet property and the No. 1 e-commerce site in November, according to Media Metrix (most recent data). Amazon.com was the No. 1 shopping destination for 42 percent of online shoppers during the holiday season, according to a survey of online shoppers by Ernst & Young. "We're especially grateful that so many customers chose Amazon.com for tools, electronics and toys," said Amazon.com founder and CEO Jeff Bezos. "Everyone at Amazon.com worked hard and succeeded at delivering a great shopping experience for our customers." "We invested heavily in distribution capability, and we are very pleased that we shipped well over 99% of orders in time for the holidays," said Joe Galli, Amazon.com president and chief operating officer. "In 2000, we'll continue to raise our standard for customer service while driving productivity, capital efficiency and operational excellence across our entire distribution network." "Consistent with our strategy, we went all-out to make sure we delivered for customers this holiday season," said Warren Jenson, Amazon.com chief financial officer. "As a result, our higher seasonal sales will not translate into lower net losses in the fourth quarter. In addition, we will incur higher-than-expected inventory-related charges and write-downs, in large part because we carried deep inventory in start-up businesses such as toys and electronics." Amazon.com expects to release complete 1999 fourth quarter and fiscal year financial results on February 2, 2000. Only four years after it opened its virtual doors, Amazon.com has become the most widely recognized e-commerce brand in the United States, as rated by online shoppers in a nationwide survey by Opinion Research Corp. Some 117.8 million adults, or 60 percent of the adult population in the U.S., recognize the Amazon.com brand, according to the survey. In addition, Amazon.com was ranked the 57th most valuable brand worldwide, just above Hilton, Guinness, and Marriott, and just below Pampers, in a June study of global brands by Interbrand Newell and Sorrell. About Amazon.com, Inc. Amazon.com (Amazon.com, Inc. and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 15 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com seeks to be the world's most customer-centric company where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet. Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service, with operations in Seattle, Portland, Oregon, and Southern California, at www.homegrocer.com; Gear.com, which offers brand name sporting goods at prices from 20% to 90% off retail, at www.gear.com; and Ashford.com (NASDAQ: ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at (www.nextcard.com). This press release contains forward-looking statements regarding expectations of revenues and other results of operations in the fourth quarter. These results are preliminary and unaudited. Actual results could differ materially for a variety of reasons, including the ones discussed above, final inventory-related adjustments, customer returns and refunds, other revenue-related adjustments, and actual operating expenses.
<p>Strong Sales in Tools, Electronics and Toys</p><p>More than 2.5 Million New Customers in Holiday Season; Company Achieves $2.6 Billion Sales Run-Rate</p><p>SEATTLE-January 5, 2000--Powered by a strong holiday season, Amazon.com (NASDAQ:AMZN) announced today that its 1999 fourth-quarter sales totaled more than $650 million, more than two and one-half times 1998's fourth quarter sales of $253 million and greater than its $610 million in sales for the whole year of 1998. Based on fourth quarter sales, Amazon.com has reached a $2.6 billion annualized sales level less than four and one-half years after opening for business.</p><p>Shoppers seeking to save time and money, avoid holiday shopping hassles, and select the ideal gift produced strong sales across all Amazon.com product lines. Customer demand in Amazon.com's newer stores was so strong that they accounted for more than half of total company revenues, with U.S.-based book sales accounting for the rest. As recently as 18 months ago, Amazon.com only sold books from its U.S. base. Amazon.com began the holiday shopping season on Nov. 10, with the launch of its home improvement, software, video games, and gift stores. From then until Dec. 31 (just over 7 weeks):</p><ul><li>More than 2.5 million new customers shopped with Amazon.com for the first time.</li><li>Amazon.com shipped roughly 20 million items.</li><li>The company experienced peak shipping of approximately $16 million in one day, more than total company sales in 1996. Well over 99% of orders shipped in time to meet holiday deadlines--even orders placed as late as Dec. 23.</li><li>Amazon.com was the top-ranked e-commerce site for the holiday shopping season from Nov. 22 to Dec. 26, with an average of 5,693,000 unique visitors a week, according to Media Metrix. Amazon.com was also the sixth most-visited Internet property and the No. 1 e-commerce site in November, according to Media Metrix (most recent data).</li><li>Amazon.com was the No. 1 shopping destination for 42 percent of online shoppers during the holiday season, according to a survey of online shoppers by Ernst &amp; Young.</li></ul><p>"We're especially grateful that so many customers chose Amazon.com for tools, electronics and toys," said Amazon.com founder and CEO Jeff Bezos. "Everyone at Amazon.com worked hard and succeeded at delivering a great shopping experience for our customers."</p><p>"We invested heavily in distribution capability, and we are very pleased that we shipped well over 99% of orders in time for the holidays," said Joe Galli, Amazon.com president and chief operating officer. "In 2000, we'll continue to raise our standard for customer service while driving productivity, capital efficiency and operational excellence across our entire distribution network."</p><p>"Consistent with our strategy, we went all-out to make sure we delivered for customers this holiday season," said Warren Jenson, Amazon.com chief financial officer. "As a result, our higher seasonal sales will not translate into lower net losses in the fourth quarter. In addition, we will incur higher-than-expected inventory-related charges and write-downs, in large part because we carried deep inventory in start-up businesses such as toys and electronics." Amazon.com expects to release complete 1999 fourth quarter and fiscal year financial results on February 2, 2000.</p><p>Only four years after it opened its virtual doors, Amazon.com has become the most widely recognized e-commerce brand in the United States, as rated by online shoppers in a nationwide survey by Opinion Research Corp. Some 117.8 million adults, or 60 percent of the adult population in the U.S., recognize the Amazon.com brand, according to the survey. In addition, Amazon.com was ranked the 57th most valuable brand worldwide, just above Hilton, Guinness, and Marriott, and just below Pampers, in a June study of global brands by Interbrand Newell and Sorrell.</p><p>About Amazon.com, Inc.</p><p>Amazon.com (Amazon.com, Inc. and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 15 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com seeks to be the world's most customer-centric company where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything.</p><p>Amazon.com operates two international Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crewmembers dating from the birth of film in 1892 to the present. Amazon.com also operates Amazon.com LiveBid Auctions (http://livebid.amazon.com), the leading provider of live-event auctions on the Internet.</p><p>Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service, with operations in Seattle, Portland, Oregon, and Southern California, at www.homegrocer.com; Gear.com, which offers brand name sporting goods at prices from 20% to 90% off retail, at www.gear.com; and Ashford.com (NASDAQ: ASFD), the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com. Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; and NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at (www.nextcard.com).</p><p>This press release contains forward-looking statements regarding expectations of revenues and other results of operations in the fourth quarter. These results are preliminary and unaudited. Actual results could differ materially for a variety of reasons, including the ones discussed above, final inventory-related adjustments, customer returns and refunds, other revenue-related adjustments, and actual operating expenses.</p>
Customers Around the World Order Over 37.9 Million Items During the Holiday Season From Amazon.com
/news/news-details/2001/Customers-Around-the-World-Order-Over-37.9-Million-Items-During-the-Holiday-Season-From-Amazon.com/default.aspx
Customers-Around-the-World-Order-Over-37.9-Million-Items-During-the-Holiday-Season-From-Amazon.com
4,238
12/27/2001 00:00:00
Customers Around the World Order Over 37.9 Million Items During the Holiday Season From Amazon.com
12/27/2001
2001
SEATTLE, Dec 27, 2001 (BUSINESS WIRE) -- Global online retailer Amazon.com (Nasdaq:AMZN) today announced that its holiday Delight-O-Meter tallied over 37.9 million items ordered as of midnight PST December 21, 2001. The Delight-O-Meter counted items ordered from all five Amazon sites: Amazon.com, Amazon.co.uk, Amazon.fr, Amazon.de and Amazon.co.jp, from November 9 through December 21. Items ordered from the non-U.S. sites totaled more than 10 million. Here are the bestselling products from the 37.9 million items ordered: -- Harry Potter ruled across all Amazon sites, with some 450,000 Harry Potter books and related products sold this holiday. -- Also universally popular was the Shrek video and DVD, of which Amazon sites sold more than 150,000 copies worldwide. -- LeapPad, the talking interactive book, was this year's most popular toy at Amazon, with the GameCube, Xbox and PlayStation2 all big sellers as well. -- In electronics, DVD players topped the list. -- And the music winner was the CD Swing When You're Winning by British pop star Robbie Williams, which sold nearly 100,000 copies on Amazon.co.uk and Amazon.de alone. Last-minute holiday shoppers also turned to Amazon.com: -- More than 36,000 items were purchased using Amazon's Last-Minute Shipping option, offered from Dec. 21 to noon Dec. 22, for arrival in time for Christmas with expedited shipping. Nearly half of those orders were shipped to non-billing address locations, and over 60 percent were gift-wrapped. -- Also popular with last-minute shoppers were gift certificates, magazine subscriptions and Circuit City purchases with in-store pickup, available through Amazon.com's new Circuit City store. -- The final order using Amazon.com's Last-Minute Shipping option, placed at approximately 12:00 noon PST Saturday, Dec. 22, was a first order by a new customer. The "Miracle Moves Baby" doll by Mattel arrived on the destination doorstep in Hickory, North Carolina, on Dec. 24 at. 12:51 p.m. -- In another last-minute shopping order -- A 'last package' had missed the carrier pick-up at Amazon.com's Fernley, Nevada, fulfillment center, so a manager from the fulfillment center drove directly to the destination in Sacramento, California, and delivered it to the customer's doorstep. He was rewarded with peanut brittle, chocolate fudge and thanks. In its seventh holiday season, Amazon.com again shipped well in excess of 99 percent of holiday orders on time to meet holiday deadlines -- including those placed by noon PST on Dec. 22. Amazon.com also announced today that it will Webcast its fourth quarter 2001 financial results conference call on Tuesday, January 22, 2002, beginning at 8:30 a.m. EST/5:30 a.m. PST. This conference call will contain forward-looking statements and other material information. The conference call will be Webcast live at www.amazon.com/ir and be available through at least March 31, 2002. The Company does not intend to release any preliminary results for the fourth quarter. Amazon.com's chief financial officer, Warren Jenson, will be speaking at the Morgan Stanley Internet, Software and Networking Conference in Scottsdale, Arizona, on January 8, 2002, at 4:00 p.m. EST/1:00 p.m. PST. The audio of this presentation will be Webcast live and be available through February 8, 2002, at www.amazon.com/ir. Note: The Delight-O-Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com. About Amazon.com Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com also offers the Amazon Credit Account, the online equivalent of a department store credit card, which provides shoppers the opportunity to buy now and pay later when shopping at Amazon.com. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.
<p>SEATTLE, Dec 27, 2001 (BUSINESS WIRE) -- Global online retailer Amazon.com (Nasdaq:AMZN) today announced that its holiday Delight-O-Meter tallied over 37.9 million items ordered as of midnight PST December 21, 2001.</p><p>The Delight-O-Meter counted items ordered from all five Amazon sites: Amazon.com, Amazon.co.uk, Amazon.fr, Amazon.de and Amazon.co.jp, from November 9 through December 21. Items ordered from the non-U.S. sites totaled more than 10 million.</p><p>Here are the bestselling products from the 37.9 million items ordered:</p><pre> -- Harry Potter ruled across all Amazon sites, with some 450,000 Harry Potter books and related products sold this holiday. -- Also universally popular was the Shrek video and DVD, of which Amazon sites sold more than 150,000 copies worldwide. -- LeapPad, the talking interactive book, was this year's most popular toy at Amazon, with the GameCube, Xbox and PlayStation2 all big sellers as well. -- In electronics, DVD players topped the list. -- And the music winner was the CD Swing When You're Winning by British pop star Robbie Williams, which sold nearly 100,000 copies on Amazon.co.uk and Amazon.de alone. Last-minute holiday shoppers also turned to Amazon.com: -- More than 36,000 items were purchased using Amazon's Last-Minute Shipping option, offered from Dec. 21 to noon Dec. 22, for arrival in time for Christmas with expedited shipping. Nearly half of those orders were shipped to non-billing address locations, and over 60 percent were gift-wrapped. -- Also popular with last-minute shoppers were gift certificates, magazine subscriptions and Circuit City purchases with in-store pickup, available through Amazon.com's new Circuit City store. -- The final order using Amazon.com's Last-Minute Shipping option, placed at approximately 12:00 noon PST Saturday, Dec. 22, was a first order by a new customer. The "Miracle Moves Baby" doll by Mattel arrived on the destination doorstep in Hickory, North Carolina, on Dec. 24 at. 12:51 p.m. -- In another last-minute shopping order -- A 'last package' had missed the carrier pick-up at Amazon.com's Fernley, Nevada, fulfillment center, so a manager from the fulfillment center drove directly to the destination in Sacramento, California, and delivered it to the customer's doorstep. He was rewarded with peanut brittle, chocolate fudge and thanks.</pre><p>In its seventh holiday season, Amazon.com again shipped well in excess of 99 percent of holiday orders on time to meet holiday deadlines -- including those placed by noon PST on Dec. 22.</p><p>Amazon.com also announced today that it will Webcast its fourth quarter 2001 financial results conference call on Tuesday, January 22, 2002, beginning at 8:30 a.m. EST/5:30 a.m. PST. This conference call will contain forward-looking statements and other material information. The conference call will be Webcast live at www.amazon.com/ir and be available through at least March 31, 2002. The Company does not intend to release any preliminary results for the fourth quarter.</p><p>Amazon.com's chief financial officer, Warren Jenson, will be speaking at the Morgan Stanley Internet, Software and Networking Conference in Scottsdale, Arizona, on January 8, 2002, at 4:00 p.m. EST/1:00 p.m. PST. The audio of this presentation will be Webcast live and be available through February 8, 2002, at www.amazon.com/ir.</p><p>Note: The Delight-O-Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.</p><pre> About Amazon.com</pre><p>Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com also offers the Amazon Credit Account, the online equivalent of a department store credit card, which provides shoppers the opportunity to buy now and pay later when shopping at Amazon.com.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p>
Amazon Launches Alternative Web Site Designed for the Visually Impaired
/news/news-details/2001/Amazon-Launches-Alternative-Web-Site-Designed-for-the-Visually-Impaired/default.aspx
Amazon-Launches-Alternative-Web-Site-Designed-for-the-Visually-Impaired
4,239
12/06/2001 00:00:00
Amazon Launches Alternative Web Site Designed for the Visually Impaired
12/06/2001
2001
Uses the Amazon Anywhere Technology Platform to Make Online Shopping Easier for Customers Using Screen Access Software SEATTLE, Dec 6, 2001 (BW HealthWire) -- Amazon.com (NASDAQ: AMZN) today launched Amazon Access, an alternative version of its Web site designed to make online shopping easier for customers using screen access software. Found at http://www.amazon.com/access, the site is a streamlined version of Amazon.com's standard Internet destination with less text and graphics, providing access to Amazon.com's full line of products and personalization features. The text and user functions are fully compatible with screen access software, which reads aloud the text and links displayed for the user. The software allows users to enter text, jump from link to link and navigate a site through the use of special keystrokes. On the Amazon Access site, customers can browse, search and utilize 1-Click buying through simple actions. "Making online shopping and a broad selection of products accessible to all people remains one of Amazon's main goals, and we hope this new site will greatly improve the shopping experience for our customers who use screen access software," said Robert Frederick, manager of Amazon Anywhere for Amazon.com. "We listen very carefully to our customers and are providing access based on their varying needs. This also shows the strength and versatility of our technology and platform." The Amazon Access Web site is powered by the company's mobile commerce platform, Amazon Anywhere, which provides wireless access to Amazon's Web sites via WAP-enabled devices in Europe and the United States and via i-mode and EZweb phones in Japan. The mobile commerce sites are streamlined versions of the Internet site designed specifically for wireless phones, PDAs and other non-standard Internet browsers. In addition to the Amazon Access site, Amazon.com has maintained a text-only mode of its standard e-commerce site (http://www.amazon.com) since the company went online in 1995. About Amazon.com Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com also offers the Amazon Credit Account, the online equivalent of a department store credit card, which provides shoppers the opportunity to buy now and pay later when shopping at Amazon.com. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q. About Amazon Anywhere Amazon Anywhere is a leader in mobile e-commerce, providing customers with access to Earth's Biggest Selection on Amazon.com's U.S. and international sites from handheld wireless Internet phones and PDAs, as well as other non-traditional computing devices. The Anywhere platform currently supports Amazon's retail, auctions and premier partners' wireless Web sites. Amazon Anywhere is available on i-mode and EZweb phones, WAP-enabled phones, Palm and Handspring devices, the RIM BlackBerry and Pocket PC devices in the U.S., Europe and Japan. Amazon.com has partnered with over 13 leading wireless carriers and device manufacturers around the world, and recently provided third-party merchants with a service that enables "mobile storefronts" to be accessible from wireless devices.
<p><em>Uses the Amazon Anywhere Technology Platform to Make Online Shopping Easier for Customers Using Screen Access Software</em></p><p>SEATTLE, Dec 6, 2001 (BW HealthWire) -- Amazon.com (NASDAQ: AMZN) today launched Amazon Access, an alternative version of its Web site designed to make online shopping easier for customers using screen access software.</p><p>Found at http://www.amazon.com/access, the site is a streamlined version of Amazon.com's standard Internet destination with less text and graphics, providing access to Amazon.com's full line of products and personalization features.</p><p>The text and user functions are fully compatible with screen access software, which reads aloud the text and links displayed for the user. The software allows users to enter text, jump from link to link and navigate a site through the use of special keystrokes. On the Amazon Access site, customers can browse, search and utilize 1-Click buying through simple actions.</p><p>"Making online shopping and a broad selection of products accessible to all people remains one of Amazon's main goals, and we hope this new site will greatly improve the shopping experience for our customers who use screen access software," said Robert Frederick, manager of Amazon Anywhere for Amazon.com. "We listen very carefully to our customers and are providing access based on their varying needs. This also shows the strength and versatility of our technology and platform."</p><p>The Amazon Access Web site is powered by the company's mobile commerce platform, Amazon Anywhere, which provides wireless access to Amazon's Web sites via WAP-enabled devices in Europe and the United States and via i-mode and EZweb phones in Japan. The mobile commerce sites are streamlined versions of the Internet site designed specifically for wireless phones, PDAs and other non-standard Internet browsers.</p><p>In addition to the Amazon Access site, Amazon.com has maintained a text-only mode of its standard e-commerce site (http://www.amazon.com) since the company went online in 1995.</p><pre> About Amazon.com</pre><p>Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com also offers the Amazon Credit Account, the online equivalent of a department store credit card, which provides shoppers the opportunity to buy now and pay later when shopping at Amazon.com.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p><pre> About Amazon Anywhere</pre><p>Amazon Anywhere is a leader in mobile e-commerce, providing customers with access to Earth's Biggest Selection on Amazon.com's U.S. and international sites from handheld wireless Internet phones and PDAs, as well as other non-traditional computing devices. The Anywhere platform currently supports Amazon's retail, auctions and premier partners' wireless Web sites. Amazon Anywhere is available on i-mode and EZweb phones, WAP-enabled phones, Palm and Handspring devices, the RIM BlackBerry and Pocket PC devices in the U.S., Europe and Japan. Amazon.com has partnered with over 13 leading wireless carriers and device manufacturers around the world, and recently provided third-party merchants with a service that enables "mobile storefronts" to be accessible from wireless devices.</p>
Amazon.com Announces Hottest Books, Music, Videos and DVDs of the Year as Determined by Customer Sales and Editor Picks
/news/news-details/2001/Amazon.com-Announces-Hottest-Books-Music-Videos-and-DVDs-of-the-Year-as-Determined-by-Customer-Sales-and-Editor-Picks/default.aspx
Amazon.com-Announces-Hottest-Books-Music-Videos-and-DVDs-of-the-Year-as-Determined-by-Customer-Sales-and-Editor-Picks
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12/04/2001 00:00:00
Amazon.com Announces Hottest Books, Music, Videos and DVDs of the Year as Determined by Customer Sales and Editor Picks
12/04/2001
2001
SEATTLE--Dec. 4, 2001-- WHAT: As 2001 winds to a close, Amazon.com (Nasdaq:AMZN), the No. 1 online retailer, today announced the hottest books, CDs, videos and DVDs of the year as determined by customer sales and editor picks. An annual tradition, Amazon.com's "Best of" site feature, located at www.amazon.com/best-of-2001, includes Amazon.com's 100 bestselling books, CDs, videos and DVDs of the year, as well as the year's top 100 books, CDs, videos and DVDs as selected by Amazon.com's expert editors. Amazon.com's Best of 2001 are: Amazon.com Best of 2001 Category Bestsellers: Book: The Harry Potter Schoolbooks: Quidditch Through the Ages and Fantastic Beasts and Where to Find Them, J.K. Rowling CD: O Brother, Where Art Thou? soundtrack DVD: Star Wars: Episode I, the Phantom Menace Video: Living Yoga: A.M./P.M. Yoga for Beginners Set Amazon.com Best of 2001 Editors' Picks: Book: Peace Like a River, Leif Enger CD: "Love and Theft," Bob Dylan DVD: The Godfather DVD Collection Video: Crouching Tiger, Hidden Dragon 2001 TRENDS: Books -- Amazon.com Top Sellers: Harry Potter is still No. 1: The Harry Potter phenomenon continued in 2001 as the young wizard once again captured Amazon.com's No. 1 bestseller spot. The Harry Potter schoolbooks, Quidditch Through the Ages and Fantastic Beasts and Where to Find Them were Amazon.com's bestselling set in 2001. J.K. Rowling's popular series claims four of the top 25 spots on the list, including Harry Potter and the Prisoner of Azkaban (Book 3) at No. 11; last year's No. 1 bestselling book, Harry Potter and the Goblet of Fire (Book 4), at No. 9; and the not-yet-published Harry Potter 5 in the No. 22 spot on the bestseller list based solely on pre-orders. Books -- Editors' Picks: Amazon.com editors' top choice for book of the year is an ambitious novel about a dysfunctional Midwestern family. No, not Jonathan Franzen's The Corrections (which was picked No. 2 by Amazon.com editors). Rather, it's Leif Enger's stunning first novel, Peace Like a River, which traces the lives of a Minnesota family in the early 1960s. Music -- Amazon.com Top Sellers: Following September 11, consumers looked to music for comfort and solace, creating unexpected year-end hits such as Enya's soothing melodies in A Day Without Rain, Amazon.com's No. 3 bestselling CD of 2001. The musical tribute God Bless America, a compilation of patriotic songs, is Amazon.com's No. 5 bestselling CD of the year. Music -- Editors' Picks: In a year when he turned 60, Bob Dylan proved he was still vital musically with the release of his 43rd album, "Love and Theft," which Amazon.com music editors picked as their album of the year. A trio of younger artists closely followed Dylan, with Macy Gray's The Id in the No. 2 spot on the editors' Music list, The White Stripes' White Blood Cells at No. 3 and Bjork's Vespertine at No. 4. Video and DVD -- Amazon.com Top Sellers: Health, mind and body titles flex their muscles on top 10 video lists. Fitness reigns as related titles claim 5 of the top 10 bestselling video spots for the year at Amazon.com, including the No. 1 and No. 2 positions with Living Yoga: A.M./P.M. Yoga for Beginners Set and Pilates Beginning Mat Workout. Eagerly anticipated DVDs finish on top: In a battle that pitted two of the most frequently requested titles ever released on DVD against each other, Star Wars: Episode I, The Phantom Menace battled The Godfather DVD Collection for the No. 1 spot on Amazon.com's sales chart. Both DVDs made the top 5 bestsellers list, with Star Wars coming out at No. 1 and The Godfather DVD Collection close behind at No. 4. Video and DVD -- Editors' Picks: This year, Amazon.com editors recognized classics newly released in the DVD format. Among the editors' top 10 DVD picks for 2001 are Orson Welles' 1941 masterpiece, Citizen Kane (Special Edition), at No. 4, Close Encounters of the Third Kind at No. 7 and the epic biographical adventure Lawrence of Arabia in the No. 10 spot. More obscure titles are also prominent among the editors' top 10 DVD and video picks. Ultraviolet, the coolly stylish British miniseries about vampires, is No. 9 on the Amazon.com editors' DVD list and No. 10 on their VHS list, while the highly acclaimed film In the Mood for Love, from Hong Kong director Wong Kar-wai, was selected for the No. 6 spot on the editors' VHS list. WHERE: To view complete music, video, books, DVD and video lists, as well as lists in categories including Electronics, Software, Tools & Hardware, Kitchen & Housewares and more, log on to www.amazon.com/best-of-2001.
<p>SEATTLE--Dec. 4, 2001--</p><pre> WHAT: As 2001 winds to a close, Amazon.com (Nasdaq:AMZN), the No. 1 online retailer, today announced the hottest books, CDs, videos and DVDs of the year as determined by customer sales and editor picks. An annual tradition, Amazon.com's "Best of" site feature, located at www.amazon.com/best-of-2001, includes Amazon.com's 100 bestselling books, CDs, videos and DVDs of the year, as well as the year's top 100 books, CDs, videos and DVDs as selected by Amazon.com's expert editors. Amazon.com's Best of 2001 are: Amazon.com Best of 2001 Category Bestsellers: Book: The Harry Potter Schoolbooks: Quidditch Through the Ages and Fantastic Beasts and Where to Find Them, J.K. Rowling CD: O Brother, Where Art Thou? soundtrack DVD: Star Wars: Episode I, the Phantom Menace Video: Living Yoga: A.M./P.M. Yoga for Beginners Set Amazon.com Best of 2001 Editors' Picks: Book: Peace Like a River, Leif Enger CD: "Love and Theft," Bob Dylan DVD: The Godfather DVD Collection Video: Crouching Tiger, Hidden Dragon 2001 TRENDS: Books -- Amazon.com Top Sellers: Harry Potter is still No. 1: The Harry Potter phenomenon continued in 2001 as the young wizard once again captured Amazon.com's No. 1 bestseller spot. The Harry Potter schoolbooks, Quidditch Through the Ages and Fantastic Beasts and Where to Find Them were Amazon.com's bestselling set in 2001. J.K. Rowling's popular series claims four of the top 25 spots on the list, including Harry Potter and the Prisoner of Azkaban (Book 3) at No. 11; last year's No. 1 bestselling book, Harry Potter and the Goblet of Fire (Book 4), at No. 9; and the not-yet-published Harry Potter 5 in the No. 22 spot on the bestseller list based solely on pre-orders. Books -- Editors' Picks: Amazon.com editors' top choice for book of the year is an ambitious novel about a dysfunctional Midwestern family. No, not Jonathan Franzen's The Corrections (which was picked No. 2 by Amazon.com editors). Rather, it's Leif Enger's stunning first novel, Peace Like a River, which traces the lives of a Minnesota family in the early 1960s. Music -- Amazon.com Top Sellers: Following September 11, consumers looked to music for comfort and solace, creating unexpected year-end hits such as Enya's soothing melodies in A Day Without Rain, Amazon.com's No. 3 bestselling CD of 2001. The musical tribute God Bless America, a compilation of patriotic songs, is Amazon.com's No. 5 bestselling CD of the year. Music -- Editors' Picks: In a year when he turned 60, Bob Dylan proved he was still vital musically with the release of his 43rd album, "Love and Theft," which Amazon.com music editors picked as their album of the year. A trio of younger artists closely followed Dylan, with Macy Gray's The Id in the No. 2 spot on the editors' Music list, The White Stripes' White Blood Cells at No. 3 and Bjork's Vespertine at No. 4. Video and DVD -- Amazon.com Top Sellers: Health, mind and body titles flex their muscles on top 10 video lists. Fitness reigns as related titles claim 5 of the top 10 bestselling video spots for the year at Amazon.com, including the No. 1 and No. 2 positions with Living Yoga: A.M./P.M. Yoga for Beginners Set and Pilates Beginning Mat Workout. Eagerly anticipated DVDs finish on top: In a battle that pitted two of the most frequently requested titles ever released on DVD against each other, Star Wars: Episode I, The Phantom Menace battled The Godfather DVD Collection for the No. 1 spot on Amazon.com's sales chart. Both DVDs made the top 5 bestsellers list, with Star Wars coming out at No. 1 and The Godfather DVD Collection close behind at No. 4. Video and DVD -- Editors' Picks: This year, Amazon.com editors recognized classics newly released in the DVD format. Among the editors' top 10 DVD picks for 2001 are Orson Welles' 1941 masterpiece, Citizen Kane (Special Edition), at No. 4, Close Encounters of the Third Kind at No. 7 and the epic biographical adventure Lawrence of Arabia in the No. 10 spot. More obscure titles are also prominent among the editors' top 10 DVD and video picks. Ultraviolet, the coolly stylish British miniseries about vampires, is No. 9 on the Amazon.com editors' DVD list and No. 10 on their VHS list, while the highly acclaimed film In the Mood for Love, from Hong Kong director Wong Kar-wai, was selected for the No. 6 spot on the editors' VHS list. WHERE: To view complete music, video, books, DVD and video lists, as well as lists in categories including Electronics, Software, Tools &amp; Hardware, Kitchen &amp; Housewares and more, log on to www.amazon.com/best-of-2001.</pre>
Amazon.com, in Cooperation with the U.S. Department of Defense, Helps People Thank a Member of the Armed Forces
/news/news-details/2001/Amazon.com-in-Cooperation-with-the-U.S.-Department-of-Defense-Helps-People-Thank-a-Member-of-the-Armed-Forces/default.aspx
Amazon.com-in-Cooperation-with-the-U.S.-Department-of-Defense-Helps-People-Thank-a-Member-of-the-Armed-Forces
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11/29/2001 00:00:00
Amazon.com, in Cooperation with the U.S. Department of Defense, Helps People Thank a Member of the Armed Forces
11/29/2001
2001
SEATTLE, Nov 29, 2001 -- Amazon.com (Nasdaq:AMZN), in cooperation with the U.S. Department of Defense (DoD), today announced a joint effort to help individuals easily salute our troops and give a holiday gift to an active service member. Amazon.com has worked with the DoD to create an online destination (www.amazon.com/saluteourtroops) within Amazon.com's Web site where customers can purchase a gift certificate to be delivered to a man or woman of the Army, Navy, Air Force or Marines. Starting today, visitors to the Amazon.com/Salute Our Troops page can purchase a $20 Amazon.com gift certificate for a service member, and have the opportunity to share a personal note of support directly on the gift certificate. Amazon.com will deliver all gift certificates to the Department of Defense, which will then distribute them. "Many people have asked how they can express support for our men and women in uniform," said John M. Molino, deputy assistant secretary of defense for military community and family policy. "While there are many ways to express that support, we are especially grateful for Amazon.com's initiative as a way for the American people to show their appreciation to those who selflessly serve their country." "We're honored the DoD has chosen to work with us to make it easy for individuals to directly express their support of the heroic men and women of the armed forces," said Jeff Bezos, Amazon.com founder and CEO. Armed forces gift certificates will be available for purchase through December 26, 2001, and are valid through January 2003. Amazon.com will donate the equivalent of 10 percent of all gift certificates that are redeemed as of January 31, 2003, as well as 100 percent of all gift certificates that are unredeemed as of that date, to the USO (www.uso.org). The USO's mission is to provide morale, welfare and recreation-type services to uniformed military personnel and represent the American people by extending a "Touch of Home" to their military members. The USO is chartered by the U.S. Congress as a nonprofit charitable corporation. To view the Amazon.com/Salute Our Troops page, or to purchase a gift certificate, visit: www.amazon.com/saluteourtroops. This area of Amazon.com's Web site will also feature select messages of support from customers and a continually updated meter, which will track the number of service members who will receive gift certificates. About Amazon.com Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.
<p>SEATTLE, Nov 29, 2001 -- Amazon.com (Nasdaq:AMZN), in cooperation with the U.S. Department of Defense (DoD), today announced a joint effort to help individuals easily salute our troops and give a holiday gift to an active service member.</p><p>Amazon.com has worked with the DoD to create an online destination (www.amazon.com/saluteourtroops) within Amazon.com's Web site where customers can purchase a gift certificate to be delivered to a man or woman of the Army, Navy, Air Force or Marines.</p><p>Starting today, visitors to the Amazon.com/Salute Our Troops page can purchase a $20 Amazon.com gift certificate for a service member, and have the opportunity to share a personal note of support directly on the gift certificate. Amazon.com will deliver all gift certificates to the Department of Defense, which will then distribute them.</p><p>"Many people have asked how they can express support for our men and women in uniform," said John M. Molino, deputy assistant secretary of defense for military community and family policy. "While there are many ways to express that support, we are especially grateful for Amazon.com's initiative as a way for the American people to show their appreciation to those who selflessly serve their country."</p><p>"We're honored the DoD has chosen to work with us to make it easy for individuals to directly express their support of the heroic men and women of the armed forces," said Jeff Bezos, Amazon.com founder and CEO.</p><p>Armed forces gift certificates will be available for purchase through December 26, 2001, and are valid through January 2003. Amazon.com will donate the equivalent of 10 percent of all gift certificates that are redeemed as of January 31, 2003, as well as 100 percent of all gift certificates that are unredeemed as of that date, to the USO (www.uso.org). The USO's mission is to provide morale, welfare and recreation-type services to uniformed military personnel and represent the American people by extending a "Touch of Home" to their military members. The USO is chartered by the U.S. Congress as a nonprofit charitable corporation.</p><p>To view the Amazon.com/Salute Our Troops page, or to purchase a gift certificate, visit: www.amazon.com/saluteourtroops. This area of Amazon.com's Web site will also feature select messages of support from customers and a continually updated meter, which will track the number of service members who will receive gift certificates.</p><pre> About Amazon.com</pre><p>Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p>
Amazon.com to Present At Investor Conference
/news/news-details/2001/Amazon.com-to-Present-At-Investor-Conference/default.aspx
Amazon.com-to-Present-At-Investor-Conference
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11/26/2001 00:00:00
Amazon.com to Present At Investor Conference
11/26/2001
2001
SEATTLE, Feb 1, 2002 -- Amazon.com, Inc. (Nasdaq:AMZN) announced that Warren Jenson, Amazon.com's chief financial officer, will be speaking at the Goldman Sachs Technology Symposium in La Quinta, California on February 4, 2002, at 7:30 p.m. EST/4:30 p.m. PST. The audio of this presentation will be webcast live, and be available through March 4, 2002, at www.amazon.com/ir.
<p>SEATTLE, Feb 1, 2002 -- Amazon.com, Inc. (Nasdaq:AMZN) announced that Warren Jenson, Amazon.com's chief financial officer, will be speaking at the Goldman Sachs Technology Symposium in La Quinta, California on February 4, 2002, at 7:30 p.m. EST/4:30 p.m. PST. The audio of this presentation will be webcast live, and be available through March 4, 2002, at www.amazon.com/ir.</p>
Amazon.com Launches Holiday 'Delight-O-Meter' on Its Site; Feature Will Count Number of Items Ordered Worldwide
/news/news-details/2001/Amazon.com-Launches-Holiday-Delight-O-Meter-on-Its-Site-Feature-Will-Count-Number-of-Items-Ordered-Worldwide/default.aspx
Amazon.com-Launches-Holiday-Delight-O-Meter-on-Its-Site-Feature-Will-Count-Number-of-Items-Ordered-Worldwide
4,243
11/14/2001 00:00:00
Amazon.com Launches Holiday 'Delight-O-Meter' on Its Site; Feature Will Count Number of Items Ordered Worldwide
11/14/2001
2001
SEATTLE, Nov 14, 2001 -- Today Amazon.com (NASDAQ: AMZN) launched its holiday "Delight-O-Meter," first introduced on its Web site last year. The Delight-O-Meter tracks the approximate number of items ordered from Amazon's sites worldwide (www.amazon.com, www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp), including items from the sites it operates in conjunction with third parties, such as Borders.com and Waterstones.co.uk, and items ordered from Toysrus.com and the Target store on Amazon.com. Generally, the Delight-O-Meter tally also includes items ordered from third parties for which Amazon.com processes payment or performs fulfillment, such as items ordered from Amazon.com's Marketplace, Auctions and zShops. The Delight-O-Meter does not count gift certificates or items for which Amazon.com does not process the payment or fulfill the order, such as merchandise or services ordered from the Health & Beauty, Cars or Travel stores. The Delight-O-Meter debuted with more than 2.5 million items ordered since November 9, 2001. The Delight-O-Meter is updated frequently but is not a real-time reflection of items ordered. Note: The Delight-O-Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com. About Amazon.com Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.
<p>SEATTLE, Nov 14, 2001 -- Today Amazon.com (NASDAQ: AMZN) launched its holiday "Delight-O-Meter," first introduced on its Web site last year.</p><p>The Delight-O-Meter tracks the approximate number of items ordered from Amazon's sites worldwide (www.amazon.com, www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp), including items from the sites it operates in conjunction with third parties, such as Borders.com and Waterstones.co.uk, and items ordered from Toysrus.com and the Target store on Amazon.com.</p><p>Generally, the Delight-O-Meter tally also includes items ordered from third parties for which Amazon.com processes payment or performs fulfillment, such as items ordered from Amazon.com's Marketplace, Auctions and zShops.</p><p>The Delight-O-Meter does not count gift certificates or items for which Amazon.com does not process the payment or fulfill the order, such as merchandise or services ordered from the Health &amp; Beauty, Cars or Travel stores.</p><p>The Delight-O-Meter debuted with more than 2.5 million items ordered since November 9, 2001. The Delight-O-Meter is updated frequently but is not a real-time reflection of items ordered.</p><p>Note: The Delight-O-Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.</p><p>About Amazon.com</p><p>Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p>
Amazon.com Makes Investment in and Signs Commercial Agreement With CatalogCity.com
/news/news-details/2001/Amazon.com-Makes-Investment-in-and-Signs-Commercial-Agreement-With-CatalogCity.com/default.aspx
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Amazon.com Makes Investment in and Signs Commercial Agreement With CatalogCity.com
11/09/2001
2001
SEATTLE, Nov 9, 2001 -- Amazon.com Inc. (Nasdaq:AMZN) has made an all-stock, non-cash investment in Altura International, a California-based company that operates the CatalogCity.com web site, Amazon.com disclosed in a regulatory filing today. The company issued 717,316 shares of common stock based on the Nov. 8 closing price of $6.97, valuing the investment at $5 million. CatalogCity.com provides easy access to leading catalog products and merchants. As part of an accompanying commercial agreement, CatalogCity.com merchants will be featured at Amazon.com (www.amazon.com), and Amazon.com's vast selection of books, music, DVDs and videos will be featured at www.CatalogCity.com. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.
<p>SEATTLE, Nov 9, 2001 -- Amazon.com Inc. (Nasdaq:AMZN) has made an all-stock, non-cash investment in Altura International, a California-based company that operates the CatalogCity.com web site, Amazon.com disclosed in a regulatory filing today.</p><p>The company issued 717,316 shares of common stock based on the Nov. 8 closing price of $6.97, valuing the investment at $5 million.</p><p>CatalogCity.com provides easy access to leading catalog products and merchants. As part of an accompanying commercial agreement, CatalogCity.com merchants will be featured at Amazon.com (www.amazon.com), and Amazon.com's vast selection of books, music, DVDs and videos will be featured at www.CatalogCity.com.</p><pre> About Amazon.com</pre><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p>
Mark S. Hansen, Chairman and CEO of Fleming Companies, Inc., Elected to Amazon.com Board of Directors
/news/news-details/2001/Mark-S.-Hansen-Chairman-and-CEO-of-Fleming-Companies-Inc.-Elected-to-Amazon.com-Board-of-Directors/default.aspx
Mark-S.-Hansen-Chairman-and-CEO-of-Fleming-Companies-Inc.-Elected-to-Amazon.com-Board-of-Directors
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Mark S. Hansen, Chairman and CEO of Fleming Companies, Inc., Elected to Amazon.com Board of Directors
11/08/2001
2001
SEATTLE--Nov. 8, 2001--Mark S. Hansen, 47, chairman and CEO of Fleming Companies, Inc. (NYSE:FLM), a rapidly growing and leading distributor and retailer in the food, drug and specialty store industry, was elected today to the board of directors of Amazon.com (Nasdaq:AMZN). Hansen becomes the sixth, and fifth outside, director on the Amazon.com board. "We welcome Mark to the Amazon.com team," said Jeff Bezos, founder and CEO of Amazon.com. "Mark further deepens our retail and operational expertise and shares our passion for the customer." "I look forward to working with a team of people who have accomplished so much in so little time," said Hansen. "Amazon.com is on a clear track to profitability by delighting customers and relentlessly improving its operations. It's going to be fun to be part of this amazing journey." Hansen served as president and chief executive officer of SAM'S CLUB, a division of Wal-Mart Stores, Inc., from 1997 through 1998. Prior to joining Wal-Mart, Hansen served in multiple capacities from 1989 to 1997, including being president and chief executive officer of PETsMART, Inc., a retailer of pet food, pet supplies and related products. With revenues in excess of $15 billion, Fleming -- based in Lewisville, Texas -- is the industry leader in consumer packaged goods distribution and has a growing presence in value retailing. The company serves approximately 3,000 supermarkets, 6,800 convenience stores and more than 2,000 supercenters, discount, limited assortment, drug, specialty, and other businesses across the country. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby, software, computer and video games, cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.
<p>SEATTLE--Nov. 8, 2001--Mark S. Hansen, 47, chairman and CEO of Fleming Companies, Inc. (NYSE:FLM), a rapidly growing and leading distributor and retailer in the food, drug and specialty store industry, was elected today to the board of directors of Amazon.com (Nasdaq:AMZN).</p><p>Hansen becomes the sixth, and fifth outside, director on the Amazon.com board.</p><p>"We welcome Mark to the Amazon.com team," said Jeff Bezos, founder and CEO of Amazon.com. "Mark further deepens our retail and operational expertise and shares our passion for the customer."</p><p>"I look forward to working with a team of people who have accomplished so much in so little time," said Hansen. "Amazon.com is on a clear track to profitability by delighting customers and relentlessly improving its operations. It's going to be fun to be part of this amazing journey."</p><p>Hansen served as president and chief executive officer of SAM'S CLUB, a division of Wal-Mart Stores, Inc., from 1997 through 1998. Prior to joining Wal-Mart, Hansen served in multiple capacities from 1989 to 1997, including being president and chief executive officer of PETsMART, Inc., a retailer of pet food, pet supplies and related products.</p><p>With revenues in excess of $15 billion, Fleming -- based in Lewisville, Texas -- is the industry leader in consumer packaged goods distribution and has a growing presence in value retailing. The company serves approximately 3,000 supermarkets, 6,800 convenience stores and more than 2,000 supercenters, discount, limited assortment, drug, specialty, and other businesses across the country.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby, software, computer and video games, cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p>
Amazon.com to Present at Investor Conferences
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Amazon.com to Present at Investor Conferences
11/02/2001
2001
SEATTLE--Nov. 2, 2001--Amazon.com, Inc. (Nasdaq:AMZN) announced that Warren Jenson, Amazon.com's chief financial officer, will be speaking at the Merrill Lynch Software and Internet Conference in Monterey, California on November 7, 2001 at 12:20 p.m. EST/9:20 a.m. PST. The audio of this presentation will be webcast live, and be available through December 7, 2001, at www.amazon.com/ir. Amazon.com also announced that Jenson will be speaking at the Deutsche Banc Alex Brown Inc 2001 Technology Conference in Baltimore, Maryland on November 13, 2001 at 7:30 a.m. EST / 4:30 a.m. PST. The audio of this presentation will be webcast live, and be available through December 13, 2001, at www.amazon.com/ir.
<p>SEATTLE--Nov. 2, 2001--Amazon.com, Inc. (Nasdaq:AMZN) announced that Warren Jenson, Amazon.com's chief financial officer, will be speaking at the Merrill Lynch Software and Internet Conference in Monterey, California on November 7, 2001 at 12:20 p.m. EST/9:20 a.m. PST. The audio of this presentation will be webcast live, and be available through December 7, 2001, at www.amazon.com/ir.</p><p>Amazon.com also announced that Jenson will be speaking at the Deutsche Banc Alex Brown Inc 2001 Technology Conference in Baltimore, Maryland on November 13, 2001 at 7:30 a.m. EST / 4:30 a.m. PST. The audio of this presentation will be webcast live, and be available through December 13, 2001, at www.amazon.com/ir.</p>
Amazon.com Introduces the Amazon Credit Account; Virtual Cardless Credit ''Card'' Provides Shoppers with the Opportunity to Buy Now and Pay Later When Shopping at Amazon.com
/news/news-details/2001/Amazon.com-Introduces-the-Amazon-Credit-Account-Virtual-Cardless-Credit-Card-Provides-Shoppers-with-the-Opportunity-to-Buy-Now-and-Pay-Later-When-Shopping-at-Amazon.com/default.aspx
Amazon.com-Introduces-the-Amazon-Credit-Account-Virtual-Cardless-Credit-Card-Provides-Shoppers-with-the-Opportunity-to-Buy-Now-and-Pay-Later-When-Shopping-at-Amazon.com
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Amazon.com Introduces the Amazon Credit Account; Virtual Cardless Credit ''Card'' Provides Shoppers with the Opportunity to Buy Now and Pay Later When Shopping at Amazon.com
11/02/2001
2001
SEATTLE, Nov 2, 2001 -- Amazon.com (Nasdaq:AMZN) today introduced the Amazon Credit Account -- a virtual, cardless credit "card" -- for use when shopping at Amazon.com (www.amazon.com). Available now, the Amazon Credit Account (www.amazon.com/credit) is the online equivalent of a department store credit card and provides shoppers the opportunity to buy now and pay later when shopping at Amazon.com. Just in time for the holiday shopping season, the Amazon Credit Account is the solution for holiday shoppers looking to buy computers, electronics or other goods from among the tens of millions of items at Amazon.com. The Amazon Credit Account also may make it possible for people without a bank card or credit card to now shop online at Amazon.com. To inaugurate this new service, customers who sign up with the Amazon Credit Account will enjoy three months of no payments and interest-free holiday shopping on orders over $200 placed through January 31, 2002 (see below for details). "Whether you're shopping for a computer, handheld, digital camera, DVD player or flat-screen TV, the Amazon Credit Account is a great solution," said Steve Frazier, vice president of hardlines at Amazon.com. "With our special introductory offer, Amazon Credit customers can enjoy their purchase and hold on to their money for 90 days before making a complete payment without any interest." The Amazon Credit Account is made possible by Citi Commerce Solutions, a division of Citibank Cards, in cooperation with Amazon.com Financial Services, Inc., a subsidiary of Amazon.com, Inc. "Amazon.com is a true e-commerce pioneer, and we're proud to work with such an innovative and customer-focused company," said Bill Johnson, president of Citi Commerce Solutions. "With our private-label credit experience and Amazon.com's e-commerce expertise behind it, the Amazon Credit Account program will create an even better experience for Amazon.com customers." Apply online or get more information on the Amazon Credit Account at www.amazon.com/credit. About the Introductory Offer from Amazon Credit Account FINANCE CHARGES accrue from the date of purchase and all accrued FINANCE CHARGES will be added to credit customer's Account for the entire promotional period if qualifying purchases are not paid in full before the end of the deferred payment period or if credit customer fails to make any required payment on their account when due. Finance offer does not apply to (1) purchases made from Amazon Marketplace, Auctions or zShops, or Circuit City, (2) purchases of gift certificates or (3) deposits made for cell phone service in our Cell Phones & Service store. Finance offer applies only to U.S. residents who are 18 years of age or older. With credit approval for purchases made on the Amazon Credit Account. As of 11/01/01, APR: Purchase Rate 22.90%; Default Rate 26.90% (rates may vary). Minimum Finance Charge $.50. See cardholder agreement for details. Offer is for individuals, not businesses. Offer expires 01/31/02. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film. About Citi Commerce Solutions Citi Commerce Solutions, a division of Citibank Cards, is a leading provider of consumer and commercial private-label credit programs and commercial account management services. Citi Commerce Solutions' clients include some of the largest, most successful merchants in the world, including RadioShack, Staples, Texaco, Goodyear, Shell, Gateway, Office Depot, BP Amoco, Dell Computer, Zale, Citgo and OfficeMax. About Citibank Citibank is part of Citigroup (NYSE:C), the preeminent global financial services company with some 190 million customer accounts in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex and Travelers. Additional information may be found at: www.citigroup.com. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.
<p>SEATTLE, Nov 2, 2001 -- Amazon.com (Nasdaq:AMZN) today introduced the Amazon Credit Account -- a virtual, cardless credit "card" -- for use when shopping at Amazon.com (www.amazon.com).</p><p>Available now, the Amazon Credit Account (www.amazon.com/credit) is the online equivalent of a department store credit card and provides shoppers the opportunity to buy now and pay later when shopping at Amazon.com.</p><p>Just in time for the holiday shopping season, the Amazon Credit Account is the solution for holiday shoppers looking to buy computers, electronics or other goods from among the tens of millions of items at Amazon.com. The Amazon Credit Account also may make it possible for people without a bank card or credit card to now shop online at Amazon.com.</p><p>To inaugurate this new service, customers who sign up with the Amazon Credit Account will enjoy three months of no payments and interest-free holiday shopping on orders over $200 placed through January 31, 2002 (see below for details).</p><p>"Whether you're shopping for a computer, handheld, digital camera, DVD player or flat-screen TV, the Amazon Credit Account is a great solution," said Steve Frazier, vice president of hardlines at Amazon.com. "With our special introductory offer, Amazon Credit customers can enjoy their purchase and hold on to their money for 90 days before making a complete payment without any interest."</p><p>The Amazon Credit Account is made possible by Citi Commerce Solutions, a division of Citibank Cards, in cooperation with Amazon.com Financial Services, Inc., a subsidiary of Amazon.com, Inc. "Amazon.com is a true e-commerce pioneer, and we're proud to work with such an innovative and customer-focused company," said Bill Johnson, president of Citi Commerce Solutions. "With our private-label credit experience and Amazon.com's e-commerce expertise behind it, the Amazon Credit Account program will create an even better experience for Amazon.com customers."</p><p>Apply online or get more information on the Amazon Credit Account at www.amazon.com/credit.</p><pre> About the Introductory Offer from Amazon Credit Account</pre><p>FINANCE CHARGES accrue from the date of purchase and all accrued FINANCE CHARGES will be added to credit customer's Account for the entire promotional period if qualifying purchases are not paid in full before the end of the deferred payment period or if credit customer fails to make any required payment on their account when due.</p><p>Finance offer does not apply to (1) purchases made from Amazon Marketplace, Auctions or zShops, or Circuit City, (2) purchases of gift certificates or (3) deposits made for cell phone service in our Cell Phones &amp; Service store. Finance offer applies only to U.S. residents who are 18 years of age or older.</p><p>With credit approval for purchases made on the Amazon Credit Account. As of 11/01/01, APR: Purchase Rate 22.90%; Default Rate 26.90% (rates may vary). Minimum Finance Charge $.50. See cardholder agreement for details. Offer is for individuals, not businesses. Offer expires 01/31/02.</p><pre> About Amazon.com</pre><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p><pre> About Citi Commerce Solutions</pre><p>Citi Commerce Solutions, a division of Citibank Cards, is a leading provider of consumer and commercial private-label credit programs and commercial account management services. Citi Commerce Solutions' clients include some of the largest, most successful merchants in the world, including RadioShack, Staples, Texaco, Goodyear, Shell, Gateway, Office Depot, BP Amoco, Dell Computer, Zale, Citgo and OfficeMax.</p><pre> About Citibank</pre><p>Citibank is part of Citigroup (NYSE:C), the preeminent global financial services company with some 190 million customer accounts in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex and Travelers. Additional information may be found at: www.citigroup.com.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p>
Amazon.com Launches Magazines Store; Customers Can Now Purchase Magazine Subscriptions for Themselves or as Gifts at Amazon.com
/news/news-details/2001/Amazon.com-Launches-Magazines-Store-Customers-Can-Now-Purchase-Magazine-Subscriptions-for-Themselves-or-as-Gifts-at-Amazon.com/default.aspx
Amazon.com-Launches-Magazines-Store-Customers-Can-Now-Purchase-Magazine-Subscriptions-for-Themselves-or-as-Gifts-at-Amazon.com
4,250
10/30/2001 00:00:00
Amazon.com Launches Magazines Store; Customers Can Now Purchase Magazine Subscriptions for Themselves or as Gifts at Amazon.com
10/30/2001
2001
SEATTLE, Oct 30, 2001 -- Amazon.com (Nasdaq:AMZN) today announced it has launched a new store, Magazine Subscriptions, offering customers a simple way to find, discover and subscribe to their favorite magazines at Amazon.com. Customers can easily access the Magazine Subscriptions store by clicking the Magazine Subscriptions link on the Amazon.com directory page (www.amazon.com/directory). Amazon.com's Magazine Subscriptions store features a wide range of national, regional and enthusiast publications at significant savings off the newsstand prices. Customers can delve into current events with a Time subscription at 77 percent off the newsstand price; stay abreast of the latest in pop culture, music celebrities and politics with a Rolling Stone subscription at 88 percent off the newsstand price; or gear up for this year's college bowl games with a subscription to Sports Illustrated at 68 percent off the newsstand price. The addition of magazine subscriptions to Amazon.com's product selection also provides customers with even more gift options this holiday season. Customers gifting a magazine subscription can have Amazon.com mail the recipient a complimentary gift card featuring the subscription information and a personalized message from the gift giver. And for last-minute holiday shoppers, Amazon.com offers electronic gift cards, which can also be personalized with a holiday greeting and the subscription details. Amazon.com e-cards are free of charge and arrive within hours of being sent. "Particularly as we enter the holiday season, customers are looking for simple shopping solutions that provide broad selection and great value," said Steve Kessel, general manager of Amazon.com's Books, Music, Video and DVD segment. "With our new Magazine Subscriptions store, we're making it even easier for Amazon.com customers to find and discover whatever they're looking to buy online, and creating an effective new channel for publishers by surfacing relevant magazines for our customers across the Amazon.com Web site." "We're delighted to be working with Amazon.com to offer our titles to their customers," said Gene Foca, vice president of marketing for Time, Inc. "Amazon.com's ability to connect the right product with the right customer at the right time is a smart way to sell magazines and attract subscribers." In addition to browsing Amazon.com's full magazine selection in the Magazine Subscriptions store, customers will discover relevant magazines alongside products across the Amazon.com site. Gamers visiting Amazon.com's Computer & Video Games store to pre-order an Xbox can easily toss a subscription to Official Xbox Magazine in their Shopping Cart, just as customers shopping in Amazon.com's Kitchen & Housewares store will find a subscription to Bon Appetit just a click away. About Amazon.com Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 38 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.
<p>SEATTLE, Oct 30, 2001 -- Amazon.com (Nasdaq:AMZN) today announced it has launched a new store, Magazine Subscriptions, offering customers a simple way to find, discover and subscribe to their favorite magazines at Amazon.com.</p><p>Customers can easily access the Magazine Subscriptions store by clicking the Magazine Subscriptions link on the Amazon.com directory page (www.amazon.com/directory).</p><p>Amazon.com's Magazine Subscriptions store features a wide range of national, regional and enthusiast publications at significant savings off the newsstand prices. Customers can delve into current events with a Time subscription at 77 percent off the newsstand price; stay abreast of the latest in pop culture, music celebrities and politics with a Rolling Stone subscription at 88 percent off the newsstand price; or gear up for this year's college bowl games with a subscription to Sports Illustrated at 68 percent off the newsstand price.</p><p>The addition of magazine subscriptions to Amazon.com's product selection also provides customers with even more gift options this holiday season. Customers gifting a magazine subscription can have Amazon.com mail the recipient a complimentary gift card featuring the subscription information and a personalized message from the gift giver. And for last-minute holiday shoppers, Amazon.com offers electronic gift cards, which can also be personalized with a holiday greeting and the subscription details. Amazon.com e-cards are free of charge and arrive within hours of being sent.</p><p>"Particularly as we enter the holiday season, customers are looking for simple shopping solutions that provide broad selection and great value," said Steve Kessel, general manager of Amazon.com's Books, Music, Video and DVD segment. "With our new Magazine Subscriptions store, we're making it even easier for Amazon.com customers to find and discover whatever they're looking to buy online, and creating an effective new channel for publishers by surfacing relevant magazines for our customers across the Amazon.com Web site."</p><p>"We're delighted to be working with Amazon.com to offer our titles to their customers," said Gene Foca, vice president of marketing for Time, Inc. "Amazon.com's ability to connect the right product with the right customer at the right time is a smart way to sell magazines and attract subscribers."</p><p>In addition to browsing Amazon.com's full magazine selection in the Magazine Subscriptions store, customers will discover relevant magazines alongside products across the Amazon.com site. Gamers visiting Amazon.com's Computer &amp; Video Games store to pre-order an Xbox can easily toss a subscription to Official Xbox Magazine in their Shopping Cart, just as customers shopping in Amazon.com's Kitchen &amp; Housewares store will find a subscription to Bon Appetit just a click away.</p><pre> About Amazon.com</pre><p>Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 38 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p>
Amazon.com Announces 2001 Third Quarter Results; Expects Pro Forma Operating Profitability in Fourth Quarter; Looks Forward to Seventh Holiday Season
/news/news-details/2001/Amazon.com-Announces-2001-Third-Quarter-Results-Expects-Pro-Forma-Operating-Profitability-in-Fourth-Quarter-Looks-Forward-to-Seventh-Holiday-Season/default.aspx
Amazon.com-Announces-2001-Third-Quarter-Results-Expects-Pro-Forma-Operating-Profitability-in-Fourth-Quarter-Looks-Forward-to-Seventh-Holiday-Season
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10/23/2001 00:00:00
Amazon.com Announces 2001 Third Quarter Results; Expects Pro Forma Operating Profitability in Fourth Quarter; Looks Forward to Seventh Holiday Season
10/23/2001
2001
AMAZON.COM ANNOUNCES 2001 THIRD QUARTER RESULTS; EXPECTS PRO FORMA OPERATING PROFITABILITY IN FOURTH QUARTER; LOOKS FORWARD TO SEVENTH HOLIDAY SEASON SEATTLE--Oct. 23, 2001-- Amazon.com, Inc. (NASD: AMZN) today announced financial results for its third quarter ended September 30, 2001. Net sales were $639 million compared to net sales of $638 million in the third quarter of 2000. Pro forma loss from operations improved 60 percent to $27 million, or 4 percent of net sales, compared with $68 million, or 11 percent of net sales in the third quarter of 2000.      Pro forma net loss, which includes net interest expense, improved 35 percent to $58 million, or $0.16 per share, compared with $89 million, or $0.25 per share in the third quarter of 2000. Net loss (GAAP) for the quarter improved 29 percent to $170 million, or $0.46 per share, from $241 million, or $0.68 per share. A reconciliation of GAAP to pro forma is included in the attached financial statements.      "We are pleased that our quarterly results were again in line with our guidance, and with our recent order trends," said Warren Jenson, Amazon.com's chief financial officer. "We continue to expect pro forma operating profitability for the fourth quarter, and while there are no guarantees, we are well positioned to achieve this important milestone."     "We've lowered our operating costs 20 percent and can now afford to drive growth by lowering prices for customers," said Jeff Bezos, founder and CEO of Amazon.com. "If you're buying books over $20 from anywhere but Amazon.com, you're probably wasting money." Highlights of Third Quarter Results (comparisons are with the third quarter of 2000) Pro forma loss from operations improved 60 percent to $27 million, or 4 percent of net sales, compared with $68 million, or 11 percent of net sales. The U.S. (U.S. Retail and Services segments combined) was slightly profitable on a pro forma operating basis for the second straight quarter; results improved to a $1 million profit, from a loss of $29 million. U.S. Books, Music and DVD/Video segment was profitable for the sixth consecutive quarter. Net sales were $639 million compared to $638 million, which in 2000 included a $20 million sale of inventory, at cost, to Toysrus.com. Net sales from international sites rose 58 percent to $138 million, from $88 million. Used orders were approximately 17 percent of total U.S. orders, compared to zero (Used launched November 2000). Annualized inventory turns improved to 15, compared with 11, a 31 percent improvement. Pro forma net loss, which includes $31 million of net interest and other expense, improved 35 percent to $58 million, or $0.16 per share, compared with $89 million, or $0.25 per share. Net loss (GAAP) narrowed to $170 million, or $0.46 per share, down from $241 million, or $0.68 per share, an improvement of 29 percent. Cash and marketable securities were $668 million at September 30, 2001. Worldwide, 2.9 million new customers ordered, including 1 million new International customers. Gross profit was $162 million compared to $167 million. Fulfillment costs improved to 13 percent of net sales, from 15 percent of net sales. Business Outlook      The following forward-looking statements reflect Amazon.com's expectations as of October 23, 2001. Given the potential changes in general economic conditions and consumer spending (including any future declines related to the events of September 11, 2001, or similar events), the emerging nature and rate of growth of the Internet and online commerce and the various other risk factors discussed below, actual results may differ materially. The Company intends to continue its practice of not updating forward-looking statements other than in publicly available statements. Fourth Quarter 2001 Expectations Net sales are expected to be flat to up 10 percent compared to the fourth quarter of 2000, or between $970 million and $1.07  billion. Gross margin is expected to be between 22 percent and 25 percent of net sales. A pro forma operating profit is expected for the quarter. Cash and marketable securities are expected to be approximately $900 million at December 31, 2001; cash and marketable securities are expected to be over $550 million at March 31, 2002, and the Company expects to generate cash and marketable securities for the nine months ending December 31, 2002, combined.      These forward looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, among others, the rate of growth of the economy in general, the Internet and online commerce, customer spending patterns, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, risks of inventory management, the degree to which the Company enters into service relationships and other strategic transactions, fluctuations in the value of securities and non-cash payments Amazon.com receives in connection with such transactions, foreign currency exchange risks, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, system interruption, consumer trends, fulfillment center optimization, inventory, limited operating history, fraud and Amazon Payments, new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q. Pro Forma Results      Pro forma information regarding Amazon.com's results from operations is provided as a complement to results provided in accordance with accounting principles generally accepted in the United States (GAAP). Pro forma operating loss excludes stock-based compensation, amortization of goodwill and other intangibles, and restructuring-related and other. Management measures the progress of the business using this pro forma information.      Pro forma net loss excludes stock-based compensation, amortization of goodwill and other intangibles, restructuring-related and other, other gains (losses), equity in losses of equity-method investees, and the cumulative effect of change in accounting principle. Conference Call       A conference call will be Webcast live on Tuesday, October 23, 2001, at 5:00 p.m. EDT/2:00 p.m. PDT and will contain forward-looking statements and other material information. This conference call will be available at www.amazon.com/ir through December 28, 2001. About Amazon.com      Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric Company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 38 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.       Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film. AMAZON.COM, INC.Financial and Operational HighlightsThird Quarter Ended September 30, 2001(unaudited) Results of Operations (all comparisons are with the third quarter of 2000) Net Sales Orders from repeat customers represented 79% of total, up from 77%. Consolidated shipping net sales were approximately $74 million, down from $78 million. Cash-based portion of Services revenues increased to approximately $41 million, or 89%, from $32 million, or 61%;non-cash Services revenues decreased to approximately $5 million, or 11%, from $21 million, or 39%. Excluding third quarter 2000 online sales of toys and video games, which since September 2000 are now sold at www.amazon.com through our strategic alliance with Toysrus.com, growth rates for our U.S. Electronics, Tools and Kitchen segment would have been 23%. The events of September 11, 2001 negatively impacted our net sales during the three months ended September 30, 2001. Immediately following the events of September 11, 2001, customer purchases significantly declined but have recovered. We estimate that the net sales impact as a result of the events of September 11, 2001 was between $25 million and $35 million. Gross Profit Gross margin, excluding the results of our Services segment, would have been 23%, flat with 23%. Costs associated with our service revenues classified as cost of services generally include fulfillment-related costs to ship products on behalf of our service partners, costs to provide customer service, credit-card fees and other related costs. Cost of sales for our Services segment associated with syndicated stores, such as www.borders.com, consists of only the  purchase price of consumer products, inbound and outbound shipping charges and packaging supplies. Consolidated shipping gross loss was approximately $2 million. The International segment's shipping gross loss was approximately $3 million. We continue to measure our shipping results relative to their impact on our overall financial results, with the viewpoint that shipping promotions are an effective marketing tool. We will from time to time continue offering shipping promotions to our customers and may continue to experience fluctuating shipping margins. Fulfillment Fulfillment costs represent those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to receiving, inspecting and warehousing inventories; picking, packaging and preparing customers' orders for shipment; credit card fees and bad debt costs; and responding to inquiries from customers. Stock-Based Compensation During the first quarter of 2001, we offered a limited non-compulsory exchange of employee stock options. This option exchange offer results in variable accounting treatment for approximately 13 million stock options at September 30, 2001, which includes approximately 11 million options granted under the exchange offer with an exercise price of $13.375, and approximately 2 million options that were subject to the exchange offer but were not exchanged. Variable accounting treatment will result in unpredictable charges or credits, recorded as "stock-based compensation," dependent on fluctuations in quoted prices for our common stock. During the three months ended September 30, 2001, we issued approximately 26 million employee stock options, with a weighted average exercise price of $7.93, in connection with our annual performance-based option-grant program. These options are not subject to variable accounting treatment as they were issued at least six months from the date the limited non-compulsory exchange concluded. Amortization of Goodwill and Other Intangibles The Financial Accounting Standards Board issued SFAS No. 142 "Goodwill and Other Intangible Assets" which requires use of a non-amortization approach to account for purchased goodwill and certain intangibles, effective January 1, 2002. We expect the adoption of this accounting standard will have the impact, commencing January 1, 2002, of substantially reducing our amortization of goodwill and intangibles; however, impairment reviews may result in future periodic write-downs.  Restructuring-Related and Other We continued the implementation of our operational restructuring plan to reduce our operating costs, streamline our organizational structure and consolidate certain of our fulfillment and customer service operations. As a result of this initiative, we recorded restructuring and other charges of approximately $173 million during the first half of 2001, and $4 million in the third quarter ended September 30, 2001. This initiative involved the reduction of employee staff by approximately 1,300 positions throughout the Company in managerial, professional, clerical, technical and fulfillment roles;  consolidation of our Seattle corporate office locations; closure of our McDonough, Georgia, fulfillment center; seasonal  operation of our Seattle fulfillment center; closure of our customer service centers in Seattle and The Hague, Netherlands;  and migration of a large portion of our technology infrastructure to a Linux-based operating platform, which entails ongoing  lease obligations for equipment no longer utilized. Each component of the restructuring plan has been substantially  completed. Costs that relate to ongoing operations, including inventory adjustments, are not part of restructuring and other charges. There were no significant inventory write-downs resulting from the restructuring. We anticipate the restructuring charges will result in the following net cash outflows:  Cash payments resulting from the restructuring, which are included in the above amounts, were $20 million in the first half of 2001, and $15 million in the third quarter ended September 30, 2001. Other Expense, Net Other expense primarily relates to net realized gains and losses on sales of marketable securities, miscellaneous operating taxes and foreign currency related transaction gains and losses. Other Losses, Net Other losses, net were $64 million for the three months ended September 30, 2001, consisting of the following (in thousands): Currency gains and losses arising from the remeasurement of the PEACS's principal from Euros to U.S. dollars are recorded each quarter. Equity in Losses of Equity-Method Investees Equity in losses of equity-method investees represents our share of losses of companies in which we have investments that give us the ability to exercise significant influence, but not control, over an investee. Equity-method losses reduce our underlying investment balances until the recorded basis is reduced to zero. Loss Per Share In July 2001, America Online made a $100 million investment in Amazon.com common stock, resulting in the issuance of 8.2 million shares, which was sold under a registration statement that we previously filed with the Securities and Exchange Commission. The effect of outstanding stock options is antidilutive and, accordingly, is excluded from diluted loss per share. If the effect of stock options was included, the number of shares used in computation of diluted loss per share would have been approximately 388 million, compared with 368 million shares used in computation of basic and diluted loss per share for the three months ended September 30, 2001. Common stock subject to outstanding vested and unvested employee stock options was approximately 67 million shares as of September 30, 2001. Financial Condition Cash and Marketable Securities Cash and marketable securities are impacted by the effect of quarterly fluctuations in foreign currency exchange rates, particularly the Euro. Our Euro investments, classified as available-for-sale, had a balance of 178 million Euros ($162 million, based on an exchange rate of .91 Euros per U.S. dollar, the exchange rate as of September 30, 2001). Our marketable securities, at fair value, consist of the following, as of September 30, 2001 (in thousands): Certain Definitions and Other Our segment reporting includes four segments: U.S. Books, Music and DVD/Video; U.S. Electronics, Tools and Kitchen; International; and Services. Allocation methodologies are consistent with past presentations and prior period amounts have been reclassified to conform with the current period presentation. The U.S. Books, Music and DVD/Video segment includes revenues, direct costs and cost allocations associated with retail sales from www.amazon.com for books, music, DVD and video products, and includes amounts earned on sales of similar products, new or used, sold through Amazon Marketplace. The U.S. Electronics, Tools and Kitchen segment includes revenues, direct costs and cost allocations associated with www.amazon.com retail sales of electronics, computers, kitchen and housewares, camera and photo items, software, cell phones and service, tools and hardware, outdoor living, toys, and computer and video games products, sold other than through our Toysrus.com strategic alliance, and new initiatives, and includes amounts earned on sales of similar products, new or used, sold through Amazon Marketplace. The International segment includes all revenues, direct costs and cost allocations associated with the retail sales of our four internationally focused sites: www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.co.uk. The Services segment includes revenues, direct costs and cost allocations associated with our business-to-business strategic relationships, including our strategic alliance with Toysrus.com, product sales from syndicated stores such as www.borders.com, miscellaneous marketing and promotional revenues, and amounts from Amazon Auctions, zShops and Payments. Amounts earned from the Services segment are attributed to the U.S. All references to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's order is shipped or when a customer orders from a third-party seller. Customer accounts exclude Amazon Payments customers, our catalog businesses customers, and the customers of selected companies with whom we have strategic marketing and promotional relationships, but include customers of Amazon Marketplace, Auctions, and zShops services, and customer accounts shared with Toysrus.com and Borders.com.  Trailing twelve-month net sales per active customer account figures include all amounts earned through Internet sales, including net sales earned from new or used products sold through Amazon Marketplace and our strategic relationships with selected companies, but exclude sales of inventory to Toysrus.com and catalog sales. A customer is considered active upon placing an order. Our customer account and active customer calculation methodology was modified in the third quarter 2001, primarily to include all customers who order new and used products through Amazon Marketplace. Our prior methodology did not capture all such customers. If second quarter 2001 customer metrics were presented under the modified methodology, new customer accounts, cumulative customer accounts, active customer accounts, International customer accounts,  International cumulative customers, International active customer accounts, trailing twelve-month net sales per active  customer account, and cost per new customer account would have been 2.7 million, 35.0 million, 21.9 million, .8 million, 6.9  million, 5.5 million, $131, and $13, respectively. Amounts prior to the second quarter of 2001 have not been recalculated  under the current methodology.
<div>AMAZON.COM ANNOUNCES 2001 THIRD QUARTER RESULTS; EXPECTS PRO FORMA OPERATING PROFITABILITY IN FOURTH QUARTER; LOOKS FORWARD TO SEVENTH HOLIDAY SEASON</div><p>SEATTLE--Oct. 23, 2001-- Amazon.com, Inc. (NASD: AMZN) today announced financial results for its third quarter ended September 30, 2001. Net sales were $639 million compared to net sales of $638 million in the third quarter of 2000. Pro forma loss from operations improved 60 percent to $27 million, or 4 percent of net sales, compared with $68 million, or 11 percent of net sales in the third quarter of 2000.</p><p>     Pro forma net loss, which includes net interest expense, improved 35 percent to $58 million, or $0.16 per share, compared with $89 million, or $0.25 per share in the third quarter of 2000. Net loss (GAAP) for the quarter improved 29 percent to $170 million, or $0.46 per share, from $241 million, or $0.68 per share. A reconciliation of GAAP to pro forma is included in the attached financial statements.</p><p>     "We are pleased that our quarterly results were again in line with our guidance, and with our recent order trends," said Warren Jenson, Amazon.com's chief financial officer. "We continue to expect pro forma operating profitability for the fourth quarter, and while there are no guarantees, we are well positioned to achieve this important milestone."     "We've lowered our operating costs 20 percent and can now afford to drive growth by lowering prices for customers," said Jeff Bezos, founder and CEO of Amazon.com. "If you're buying books over $20 from anywhere but Amazon.com, you're probably wasting money."</p><p>Highlights of Third Quarter Results (comparisons are with the third quarter of 2000)</p><ul><li>Pro forma loss from operations improved 60 percent to $27 million, or 4 percent of net sales, compared with $68 million, or 11 percent of net sales.</li><li>The U.S. (U.S. Retail and Services segments combined) was slightly profitable on a pro forma operating basis for the second straight quarter; results improved to a $1 million profit, from a loss of $29 million.</li><li>U.S. Books, Music and DVD/Video segment was profitable for the sixth consecutive quarter.</li><li>Net sales were $639 million compared to $638 million, which in 2000 included a $20 million sale of inventory, at cost, to Toysrus.com.</li><li>Net sales from international sites rose 58 percent to $138 million, from $88 million.</li><li>Used orders were approximately 17 percent of total U.S. orders, compared to zero (Used launched November 2000).</li><li>Annualized inventory turns improved to 15, compared with 11, a 31 percent improvement.</li><li>Pro forma net loss, which includes $31 million of net interest and other expense, improved 35 percent to $58 million, or $0.16 per share, compared with $89 million, or $0.25 per share.</li><li>Net loss (GAAP) narrowed to $170 million, or $0.46 per share, down from $241 million, or $0.68 per share, an improvement of 29 percent.</li><li>Cash and marketable securities were $668 million at September 30, 2001.</li><li>Worldwide, 2.9 million new customers ordered, including 1 million new International customers.</li><li>Gross profit was $162 million compared to $167 million.</li><li>Fulfillment costs improved to 13 percent of net sales, from 15 percent of net sales.</li></ul><p>Business Outlook</p><p>     The following forward-looking statements reflect Amazon.com's expectations as of October 23, 2001. Given the potential changes in general economic conditions and consumer spending (including any future declines related to the events of September 11, 2001, or similar events), the emerging nature and rate of growth of the Internet and online commerce and the various other risk factors discussed below, actual results may differ materially. The Company intends to continue its practice of not updating forward-looking statements other than in publicly available statements.</p><blockquote><p>Fourth Quarter 2001 Expectations</p></blockquote><ul><li>Net sales are expected to be flat to up 10 percent compared to the fourth quarter of 2000, or between $970 million and $1.07  billion.</li><li>Gross margin is expected to be between 22 percent and 25 percent of net sales.</li><li>A pro forma operating profit is expected for the quarter.</li><li>Cash and marketable securities are expected to be approximately $900 million at December 31, 2001; cash and marketable securities are expected to be over $550 million at March 31, 2002, and the Company expects to generate cash and marketable securities for the nine months ending December 31, 2002, combined.</li></ul><p><em>     These forward looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, among others, the rate of growth of the economy in general, the Internet and online commerce, customer spending patterns, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, risks of inventory management, the degree to which the Company enters into service relationships and other strategic transactions, fluctuations in the value of securities and non-cash payments Amazon.com receives in connection with such transactions, foreign currency exchange risks, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, system interruption, consumer trends, fulfillment center optimization, inventory, limited operating history, fraud and Amazon Payments, new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</em></p><p>Pro Forma Results</p><p>     Pro forma information regarding Amazon.com's results from operations is provided as a complement to results provided in accordance with accounting principles generally accepted in the United States (GAAP). Pro forma operating loss excludes stock-based compensation, amortization of goodwill and other intangibles, and restructuring-related and other. Management measures the progress of the business using this pro forma information.</p><p>     Pro forma net loss excludes stock-based compensation, amortization of goodwill and other intangibles, restructuring-related and other, other gains (losses), equity in losses of equity-method investees, and the cumulative effect of change in accounting principle.</p><p>Conference Call</p><p>      A conference call will be Webcast live on Tuesday, October 23, 2001, at 5:00 p.m. EDT/2:00 p.m. PDT and will contain forward-looking statements and other material information. This conference call will be available at www.amazon.com/ir through December 28, 2001.</p><p>About Amazon.com</p><p>     Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric Company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 38 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>      Amazon.com operates four international Web sites:<em> www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp.</em> It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p><p>AMAZON.COM, INC.Financial and Operational HighlightsThird Quarter Ended September 30, 2001(unaudited)</p><p>Results of Operations (all comparisons are with the third quarter of 2000)</p><p><em>Net Sales</em></p><ul><li>Orders from repeat customers represented 79% of total, up from 77%.</li><li>Consolidated shipping net sales were approximately $74 million, down from $78 million.</li><li>Cash-based portion of Services revenues increased to approximately $41 million, or 89%, from $32 million, or 61%;non-cash Services revenues decreased to approximately $5 million, or 11%, from $21 million, or 39%.</li><li>Excluding third quarter 2000 online sales of toys and video games, which since September 2000 are now sold at www.amazon.com through our strategic alliance with Toysrus.com, growth rates for our U.S. Electronics, Tools and Kitchen segment would have been 23%.</li><li>The events of September 11, 2001 negatively impacted our net sales during the three months ended September 30, 2001. Immediately following the events of September 11, 2001, customer purchases significantly declined but have recovered. We estimate that the net sales impact as a result of the events of September 11, 2001 was between $25 million and $35 million.</li></ul><p><em>Gross Profit</em></p><ul><li>Gross margin, excluding the results of our Services segment, would have been 23%, flat with 23%.</li><li>Costs associated with our service revenues classified as cost of services generally include fulfillment-related costs to ship products on behalf of our service partners, costs to provide customer service, credit-card fees and other related costs. Cost of sales for our Services segment associated with syndicated stores, such as <em>www.borders.com</em>, consists of only the  purchase price of consumer products, inbound and outbound shipping charges and packaging supplies.</li><li>Consolidated shipping gross loss was approximately $2 million. The International segment's shipping gross loss was approximately $3 million. We continue to measure our shipping results relative to their impact on our overall financial results, with the viewpoint that shipping promotions are an effective marketing tool. We will from time to time continue offering shipping promotions to our customers and may continue to experience fluctuating shipping margins.</li></ul><p><em>Fulfillment</em></p><ul><li>Fulfillment costs represent those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to receiving, inspecting and warehousing inventories; picking, packaging and preparing customers' orders for shipment; credit card fees and bad debt costs; and responding to inquiries from customers.</li></ul><p><em>Stock-Based Compensation</em></p><ul><li>During the first quarter of 2001, we offered a limited non-compulsory exchange of employee stock options. This option exchange offer results in variable accounting treatment for approximately 13 million stock options at September 30, 2001, which includes approximately 11 million options granted under the exchange offer with an exercise price of $13.375, and approximately 2 million options that were subject to the exchange offer but were not exchanged. Variable accounting treatment will result in unpredictable charges or credits, recorded as "stock-based compensation," dependent on fluctuations in quoted prices for our common stock.</li><li>During the three months ended September 30, 2001, we issued approximately 26 million employee stock options, with a weighted average exercise price of $7.93, in connection with our annual performance-based option-grant program. These options are not subject to variable accounting treatment as they were issued at least six months from the date the limited non-compulsory exchange concluded.</li></ul><p><em>Amortization of Goodwill and Other Intangibles</em></p><ul><li>The Financial Accounting Standards Board issued SFAS No. 142 "Goodwill and Other Intangible Assets" which requires use of a non-amortization approach to account for purchased goodwill and certain intangibles, effective January 1, 2002. We expect the adoption of this accounting standard will have the impact, commencing January 1, 2002, of substantially reducing our amortization of goodwill and intangibles; however, impairment reviews may result in future periodic write-downs. </li></ul><p><em>Restructuring-Related and Other</em></p><ul><li>We continued the implementation of our operational restructuring plan to reduce our operating costs, streamline our organizational structure and consolidate certain of our fulfillment and customer service operations. As a result of this initiative, we recorded restructuring and other charges of approximately $173 million during the first half of 2001, and $4 million in the third quarter ended September 30, 2001. This initiative involved the reduction of employee staff by approximately 1,300 positions throughout the Company in managerial, professional, clerical, technical and fulfillment roles;  consolidation of our Seattle corporate office locations; closure of our McDonough, Georgia, fulfillment center; seasonal  operation of our Seattle fulfillment center; closure of our customer service centers in Seattle and The Hague, Netherlands;  and migration of a large portion of our technology infrastructure to a Linux-based operating platform, which entails ongoing  lease obligations for equipment no longer utilized. Each component of the restructuring plan has been substantially  completed.</li><li>Costs that relate to ongoing operations, including inventory adjustments, are not part of restructuring and other charges. There were no significant inventory write-downs resulting from the restructuring.</li><li>We anticipate the restructuring charges will result in the following net cash outflows: <p>Cash payments resulting from the restructuring, which are included in the above amounts, were $20 million in the first half of 2001, and $15 million in the third quarter ended September 30, 2001.</p></li></ul><p><em>Other Expense, Net</em></p><ul><li>Other expense primarily relates to net realized gains and losses on sales of marketable securities, miscellaneous operating taxes and foreign currency related transaction gains and losses.</li></ul><p><em>Other Losses, Net</em></p><ul><li>Other losses, net were $64 million for the three months ended September 30, 2001, consisting of the following (in thousands):</li></ul><ul><li>Currency gains and losses arising from the remeasurement of the PEACS's principal from Euros to U.S. dollars are recorded each quarter.</li></ul><p><em>Equity in Losses of Equity-Method Investees</em></p><ul><li>Equity in losses of equity-method investees represents our share of losses of companies in which we have investments that give us the ability to exercise significant influence, but not control, over an investee. Equity-method losses reduce our underlying investment balances until the recorded basis is reduced to zero.</li></ul><p><em>Loss Per Share</em></p><ul><li>In July 2001, America Online made a $100 million investment in Amazon.com common stock, resulting in the issuance of 8.2 million shares, which was sold under a registration statement that we previously filed with the Securities and Exchange Commission.</li><li>The effect of outstanding stock options is antidilutive and, accordingly, is excluded from diluted loss per share. If the effect of stock options was included, the number of shares used in computation of diluted loss per share would have been approximately 388 million, compared with 368 million shares used in computation of basic and diluted loss per share for the three months ended September 30, 2001.</li><li>Common stock subject to outstanding vested and unvested employee stock options was approximately 67 million shares as of September 30, 2001.</li></ul><p>Financial Condition</p><p><em>Cash and Marketable Securities</em></p><ul><li>Cash and marketable securities are impacted by the effect of quarterly fluctuations in foreign currency exchange rates, particularly the Euro. Our Euro investments, classified as available-for-sale, had a balance of 178 million Euros ($162 million, based on an exchange rate of .91 Euros per U.S. dollar, the exchange rate as of September 30, 2001).</li><li>Our marketable securities, at fair value, consist of the following, as of September 30, 2001 (in thousands):</li></ul><p>Certain Definitions and Other</p><ul><li>Our segment reporting includes four segments: U.S. Books, Music and DVD/Video; U.S. Electronics, Tools and Kitchen; International; and Services. Allocation methodologies are consistent with past presentations and prior period amounts have been reclassified to conform with the current period presentation.</li><li>The U.S. Books, Music and DVD/Video segment includes revenues, direct costs and cost allocations associated with retail sales from www.amazon.com for books, music, DVD and video products, and includes amounts earned on sales of similar products, new or used, sold through Amazon Marketplace.</li><li>The U.S. Electronics, Tools and Kitchen segment includes revenues, direct costs and cost allocations associated with www.amazon.com retail sales of electronics, computers, kitchen and housewares, camera and photo items, software, cell phones and service, tools and hardware, outdoor living, toys, and computer and video games products, sold other than through our Toysrus.com strategic alliance, and new initiatives, and includes amounts earned on sales of similar products, new or used, sold through Amazon Marketplace.</li><li>The International segment includes all revenues, direct costs and cost allocations associated with the retail sales of our four internationally focused sites: www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.co.uk.</li><li>The Services segment includes revenues, direct costs and cost allocations associated with our business-to-business strategic relationships, including our strategic alliance with Toysrus.com, product sales from syndicated stores such as <em>www.borders.com</em>, miscellaneous marketing and promotional revenues, and amounts from Amazon Auctions, zShops and Payments. Amounts earned from the Services segment are attributed to the U.S.</li><li>All references to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's order is shipped or when a customer orders from a third-party seller. Customer accounts exclude Amazon Payments customers, our catalog businesses customers, and the customers of selected companies with whom we have strategic marketing and promotional relationships, but include customers of Amazon Marketplace, Auctions, and zShops services, and customer accounts shared with Toysrus.com and Borders.com. </li><li>Trailing twelve-month net sales per active customer account figures include all amounts earned through Internet sales, including net sales earned from new or used products sold through Amazon Marketplace and our strategic relationships with selected companies, but exclude sales of inventory to Toysrus.com and catalog sales. A customer is considered active upon placing an order.</li><li>Our customer account and active customer calculation methodology was modified in the third quarter 2001, primarily to include all customers who order new and used products through Amazon Marketplace. Our prior methodology did not capture all such customers. If second quarter 2001 customer metrics were presented under the modified methodology, new customer accounts, cumulative customer accounts, active customer accounts, International customer accounts,  International cumulative customers, International active customer accounts, trailing twelve-month net sales per active  customer account, and cost per new customer account would have been 2.7 million, 35.0 million, 21.9 million, .8 million, 6.9  million, 5.5 million, $131, and $13, respectively. Amounts prior to the second quarter of 2001 have not been recalculated  under the current methodology.</li></ul>
Amazon.com Works with Publishers to Make Millions of Book Pages Available for Customers to Flip Through, with Millions More to Follow
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Amazon.com Works with Publishers to Make Millions of Book Pages Available for Customers to Flip Through, with Millions More to Follow
10/10/2001
2001
Customers Now Able to Look Inside the Books at Amazon.com SEATTLE--Oct. 10, 2001-- Taking a significant step in helping people find, discover and buy books online, Amazon.com (Nasdaq:AMZN) today launched Look Inside the Book. This initiative allows customers to flip through the inside pages of thousands of books, while also offering publishers an entirely new way to showcase their books to Amazon.com customers. Amazon.com's bookstore (www.amazon.com/books) will now feature a vast selection of interior pages from over 25,000 titles, with thousands more titles to come. Whether browsing recipes found in cookbooks, illustrations from children's books, full indices of medical textbooks, first chapters from mystery novels or the millions of other pages available, Amazon.com customers can now explore these pages to help them find the right book. "With thanks to publishers -- plus a healthy dose of innovation -- we've created an even better way to showcase books online," said Jeff Bezos, Amazon.com founder and CEO. "Flipping through a book's pages online is a unique, powerful way that our customers can find and discover books they'd like to buy." "Simon & Schuster is excited to participate in the Look Inside the Book program at Amazon.com," said Jack Romanos, president and COO of Simon & Schuster. "Helping their customers crack the spine is simply smart marketing that will allow readers to make even more informed choices." Amazon.com is working with several publishing houses to bring customers millions of pages from a wide range of titles. These include anticipated new releases such as Tiger Woods' "How I Play Golf," children's favorite "Olivia Saves the Circus" by Ian Falconer, and "The Sibley Guide to Bird Life and Behavior" by David Allen Sibley. The company's publisher partners include DK Publishing, HarperCollins Publishers, Holtzbrinck Publishers, Hungry Minds, John Wiley & Sons, McGraw-Hill, Pearson Education, Random House, Scholastic, Simon & Schuster, Stewart House Publishing and Time Warner Trade Publishing. Customers can also visit Amazon.com's new Reading Room (www.amazon.com/reading-room) to easily access all the titles from which they can view inside pages. About Amazon.com Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q. Note: Photos are available at the following URLs: Tiger Woods' How I Play Golf:http://www.businesswire.com/cgi-bin/photo.cgi?pw.101001/bb2 Olivia Saves the Circus:http://www.businesswire.com/cgi-bin/photo.cgi?pw.101001/bb2a The Sibley Guide to Bird Life and Behavior:http://www.businesswire.com/cgi-bin/photo.cgi?pw.101001/bb2b
<p>Customers Now Able to Look Inside the Books at Amazon.com</p><p>SEATTLE--Oct. 10, 2001-- Taking a significant step in helping people find, discover and buy books online, Amazon.com (Nasdaq:AMZN) today launched Look Inside the Book.</p><p>This initiative allows customers to flip through the inside pages of thousands of books, while also offering publishers an entirely new way to showcase their books to Amazon.com customers.</p><p>Amazon.com's bookstore (www.amazon.com/books) will now feature a vast selection of interior pages from over 25,000 titles, with thousands more titles to come. Whether browsing recipes found in cookbooks, illustrations from children's books, full indices of medical textbooks, first chapters from mystery novels or the millions of other pages available, Amazon.com customers can now explore these pages to help them find the right book.</p><p>"With thanks to publishers -- plus a healthy dose of innovation -- we've created an even better way to showcase books online," said Jeff Bezos, Amazon.com founder and CEO. "Flipping through a book's pages online is a unique, powerful way that our customers can find and discover books they'd like to buy."</p><p>"Simon &amp; Schuster is excited to participate in the Look Inside the Book program at Amazon.com," said Jack Romanos, president and COO of Simon &amp; Schuster. "Helping their customers crack the spine is simply smart marketing that will allow readers to make even more informed choices."</p><p>Amazon.com is working with several publishing houses to bring customers millions of pages from a wide range of titles. These include anticipated new releases such as Tiger Woods' "How I Play Golf," children's favorite "Olivia Saves the Circus" by Ian Falconer, and "The Sibley Guide to Bird Life and Behavior" by David Allen Sibley. The company's publisher partners include DK Publishing, HarperCollins Publishers, Holtzbrinck Publishers, Hungry Minds, John Wiley &amp; Sons, McGraw-Hill, Pearson Education, Random House, Scholastic, Simon &amp; Schuster, Stewart House Publishing and Time Warner Trade Publishing.</p><p>Customers can also visit Amazon.com's new Reading Room (www.amazon.com/reading-room) to easily access all the titles from which they can view inside pages.</p><p>About Amazon.com</p><p>Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p><p>Note: Photos are available at the following URLs:</p><p>Tiger Woods' How I Play Golf:http://www.businesswire.com/cgi-bin/photo.cgi?pw.101001/bb2</p><p>Olivia Saves the Circus:http://www.businesswire.com/cgi-bin/photo.cgi?pw.101001/bb2a</p><p>The Sibley Guide to Bird Life and Behavior:http://www.businesswire.com/cgi-bin/photo.cgi?pw.101001/bb2b</p>
Amazon.com to Webcast 2001 Third Quarter Results Conference Call
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Amazon.com to Webcast 2001 Third Quarter Results Conference Call
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SEATTLE, Oct 1, 2001 -- Amazon.com, Inc. (Nasdaq:AMZN) will Webcast its third quarter 2001 financial results conference call on Tuesday, October 23, 2001, beginning at 5:00 p.m. EDT/2:00 p.m. PDT. This conference call will contain forward-looking statements and other material information. The conference call will be Webcast live at www.amazon.com/ir and be available through at least December 31, 2001. Amazon.com also announced that Warren Jenson, Amazon.com's chief financial officer, will be speaking at the Robertson Stephen's Consumer Conference in New York on October 2, 2001 at 8:00 a.m. EDT/5:00 a.m. PDT. The audio of this presentation will be webcast live, and be available through November 1, 2001, at www.amazon.com/ir.
<p>SEATTLE, Oct 1, 2001 -- Amazon.com, Inc. (Nasdaq:AMZN) will Webcast its third quarter 2001 financial results conference call on Tuesday, October 23, 2001, beginning at 5:00 p.m. EDT/2:00 p.m. PDT.</p><p>This conference call will contain forward-looking statements and other material information. The conference call will be Webcast live at www.amazon.com/ir and be available through at least December 31, 2001.</p><p>Amazon.com also announced that Warren Jenson, Amazon.com's chief financial officer, will be speaking at the Robertson Stephen's Consumer Conference in New York on October 2, 2001 at 8:00 a.m. EDT/5:00 a.m. PDT. The audio of this presentation will be webcast live, and be available through November 1, 2001, at www.amazon.com/ir.</p>
Amazon.com Launches Millions of Tabs, Featuring a Store for Every Customer
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Amazon.com Launches Millions of Tabs, Featuring a Store for Every Customer
09/27/2001
2001
SEATTLE--Sept. 27, 2001--Amazon.com (Nasdaq:AMZN) today announced a fully personalized store for every returning customer with the launch of Your Store (www.amazon.com/your-store), featuring each customer's name in a tab that contains selections from their favorite areas across the Amazon.com Web site. "At Amazon.com we've always worked to put the customer at the center of his or her own shopping universe," said Jeff Bezos, founder and CEO. "Your Store helps each customer find and discover items they might not have been able to find any other way." Located next to the Welcome tab on the Amazon.com Web site, the new tab offers returning customers a fully personalized store without any customization work required on their part. Items featured in Your Store include content based on past purchases, products the customer has previously rated and areas of the site that the customer has previously marked as favorites. With Your Store, customers can now view their very own personal Books, Music, DVD, or Electronics stores (as well other Amazon.com stores), and can tailor them to feature their favorite areas from within each store. Customers have full control over their own store and can add new favorite areas or delete old ones across Amazon.com to instantly update their store. Your Store also offers customers easy access to many personalization and community features available to Amazon.com customers, including: Your Recommendations -- personalized recommendations based on customers' previous purchases, ratings and items they have indicated they own. http://www.amazon.com/recommendations New for You -- personalized suggestions for everything new at Amazon.com. http://www.amazon.com/new-for-you Page You Made -- a feature that helps customers keep track of items they've recently viewed and helps them find related items that might be of interest. http://www.amazon.com/page-you-made Friends & Favorites -- a service that puts customers in touch with opinions and information from people who matter to them most by gathering up reviews, recommendations and opinions from their favorite people in the Amazon.com community. http://www.amazon.com/friends About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services and products and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.
<p>SEATTLE--Sept. 27, 2001--Amazon.com (Nasdaq:AMZN) today announced a fully personalized store for every returning customer with the launch of Your Store (www.amazon.com/your-store), featuring each customer's name in a tab that contains selections from their favorite areas across the Amazon.com Web site.</p><p>"At Amazon.com we've always worked to put the customer at the center of his or her own shopping universe," said Jeff Bezos, founder and CEO. "Your Store helps each customer find and discover items they might not have been able to find any other way."</p><p>Located next to the Welcome tab on the Amazon.com Web site, the new tab offers returning customers a fully personalized store without any customization work required on their part. Items featured in Your Store include content based on past purchases, products the customer has previously rated and areas of the site that the customer has previously marked as favorites. With Your Store, customers can now view their very own personal Books, Music, DVD, or Electronics stores (as well other Amazon.com stores), and can tailor them to feature their favorite areas from within each store.</p><p>Customers have full control over their own store and can add new favorite areas or delete old ones across Amazon.com to instantly update their store. Your Store also offers customers easy access to many personalization and community features available to Amazon.com customers, including:</p><ul><li>Your Recommendations -- personalized recommendations based on customers' previous purchases, ratings and items they have indicated they own. http://www.amazon.com/recommendations</li><li>New for You -- personalized suggestions for everything new at Amazon.com. http://www.amazon.com/new-for-you</li><li>Page You Made -- a feature that helps customers keep track of items they've recently viewed and helps them find related items that might be of interest. http://www.amazon.com/page-you-made</li><li>Friends &amp; Favorites -- a service that puts customers in touch with opinions and information from people who matter to them most by gathering up reviews, recommendations and opinions from their favorite people in the Amazon.com community. http://www.amazon.com/friends</li></ul><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, travel services and products and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p>
Amazon.com Opens Travel Store Featuring Premier Partner Expedia, Leading Online Travel Agent
/news/news-details/2001/Amazon.com-Opens-Travel-Store-Featuring-Premier-Partner-Expedia-Leading-Online-Travel-Agent/default.aspx
Amazon.com-Opens-Travel-Store-Featuring-Premier-Partner-Expedia-Leading-Online-Travel-Agent
4,255
09/26/2001 00:00:00
Amazon.com Opens Travel Store Featuring Premier Partner Expedia, Leading Online Travel Agent
09/26/2001
2001
Includes Hotwire, Discount Travel Site, and National Leisure Group's Cruise Vacation Provider, the Vacation Store SEATTLE--Sept. 26, 2001-- Amazon.com today opened the Amazon.com Travel store (www.amazon.com/travel), featuring booking services and the latest travel status information from Expedia, the leading online travel and customer service provider. The store also offers discounted travel for the flexible traveler through Hotwire, cruise vacations through National Leisure Group's The Vacation Store, and thousands of travel-related items from Amazon.com stores. With these partnerships, the Amazon.com Travel store is a comprehensive destination for all travel needs, offering thousands of flight, hotel, car rental and cruise options, unique discount travel deals, vacation planning and travel advice. Expedia is the premier travel service and the booking engine for the Amazon.com Travel store. To help satisfy the needs of travelers affected by changes in the current travel environment, Amazon.com visitors can access Expedia's comprehensive Travel Disruption Resource Center, where customers can obtain frequent airport and airline updates, information on check-in procedures, advisories, flight status, updates on visitor attractions nationwide and relevant articles. Additionally, Expedia offers a one-stop shopping environment where travelers will find the best combination of choice and control in airfare, hotels, vacation packages, cruises and rental cars, along with timely customer service information. Through the Amazon Travel store and its partner Expedia, customers can find a wide variety of unsurpassed travel deals and discounts, including the guaranteed lowest rates on hotels with Expedia Special Rates, savings on custom-built vacation packages and up to 60 percent off published airfares with Expedia Bargain Fares. In addition, the Amazon.com Travel store offers discounted travel to flexible consumers through Hotwire's specially negotiated Hot-FaresSM and Hot-Rates(SM). By asking customers to be flexible on certain details like exact flight time or airline, Hotwire can save a significant amount of money off published fares and rates without the hassle of bidding. Hotwire currently offers specially negotiated Hot-Fares(SM) and Hot-Rates(SM) on flights, hotels and rental cars. The Travel store also features thousands of travel-related products from stores across the Amazon.com site, including products for people traveling with kids and infants, consumer electronic equipment that is essential to travel, travel books and audiobooks, language and travel software, and all the essentials for a road trip. The Travel store includes top sellers in numerous product categories and knowledgeable Search functionality across all product lines. Contemporary, premium and luxury cruise vacations are also available to shoppers in the Amazon.com Travel store through National Leisure Group's The Vacation Store. The Vacation Store has a preferred relationship with the World's Leading Cruise Lines, offering cruise vacations to 458 destinations in 87 countries across six continents. Amazon.com customers can find terrific selections and best-price guarantees through The Vacation Store. "We've taken the hassle out of searching for travel-related products by building the Travel store, where customers can find, discover and buy any travel-related product they need," said David Risher, senior vice president of marketing and merchandising at Amazon.com. "We're pleased to offer Expedia, Hotwire and National Leisure Group's The Vacation Store's services, as well as our own travel-related merchandise, in one easy-to-shop Travel store." "Expedia is a natural fit to provide the core online travel services of air, car, hotel and vacation packages and cruises along with the best customer service and timely travel information within the Amazon.com Travel store," said Erik Blachford, senior vice president of marketing and programming for Expedia. "This relationship brings together the two leaders in e-commerce and customer service and provides Amazon.com customers with an industry-leading set of travel-related products." "Amazon.com clearly sees a need for a quality discount travel site where customers can always find a great deal," said Karl Peterson, Hotwire president and CEO. "We're proud to fill that need, working only with major, quality airlines and extending the top-notch service Amazon.com's customers have come to expect." "The Vacation Store shares Amazon.com's commitment to quality and value and has teamed up with the World's Leading Cruise Lines to offer a highly diversified global cruise product at exceptional values," said Brad Gerstner, executive vice president of National Leisure Group and The Vacation Store. "We look forward to providing the discerning Amazon.com customer with world-class vacation experiences." Later this year, Amazon.com's U.K. subsidiary, Amazon.co.uk, will be launching its own Travel store, featuring thousands of travel-related products from stores across the Amazon.co.uk site. Leading online European travel agent Expedia.co.uk will be the featured partner and booking engine for the store. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q. About Expedia, Inc. Expedia, Inc. (Nasdaq:EXPE) operates Expedia.com, an independent leading online travel service in the United States with localized versions in Canada, Germany and the United Kingdom. To help customers travel right, Expedia.com provides the best combination of air, car and hotel booking, vacation package and cruise offers, destination information and mapping. Industry experts agree. Expedia's quality and leadership was recognized through several awards, including both PC Magazine's "Readers' Choice" and "Editors' Choice" awards, Forbes' "Favorite General Travel Site," Smart Business's MVP Award, PC World's "Best Bet" and IFITT's "Best Web Site in the Travel Agency, Tour Operator and Cruise Category." Expedia is ranked the seventh largest travel agency in the U.S. according to Travel Weekly magazine. Expedia.com customers are supported by a credit card guarantee (U.S. site only), an industry-leading privacy policy and live agents via e-mail and an 800 number available 24 hours a day, seven days a week. Expedia.com is also available under Travel on the MSN(R) network of Internet services. About Hotwire Hotwire launched in October 2000, offering an affordable and easy way for the leisure traveler to purchase travel online with trusted brands. Hotwire currently offers Hot-FaresSM and Hot-Rates(SM) on airline tickets, hotel rooms and rental cars with 31 airlines, including founding partners American, America West, Continental, Northwest, United and USAirways. In addition, Hotwire is partnered with nearly 2,000 top hotels nationwide and top rental car companies. Awarded a Gold Star for "Best Bargain Booker" by Yahoo! Internet Life magazine (June 2001), Hotwire maintains a consumer focus on low prices, major travel brands and a simple user experience. Hotwire was established in 1999 in San Francisco, with an initial $75 million investment from Texas Pacific Group and founding airline partners. About National Leisure Group National Leisure Group, Inc. (NLG) is the leading provider of high-quality, high-value vacations and cruises sold directly to consumers through world-class affiliate partners. NLG provides technology, operations support and private-label fulfillment solutions to many of the major online and offline retailers of vacation packages and cruises, and offers consumers a vast array of affordable vacation choices from the finest vendor brands in the world. Based in Woburn, Massachusetts, National Leisure Group has been delivering cruise and vacation solutions to its affiliate partners for nearly 15 years.
<p>Includes Hotwire, Discount Travel Site, and National Leisure Group's Cruise Vacation Provider, the Vacation Store</p><p>SEATTLE--Sept. 26, 2001-- Amazon.com today opened the Amazon.com Travel store (www.amazon.com/travel), featuring booking services and the latest travel status information from Expedia, the leading online travel and customer service provider.</p><p>The store also offers discounted travel for the flexible traveler through Hotwire, cruise vacations through National Leisure Group's The Vacation Store, and thousands of travel-related items from Amazon.com stores. With these partnerships, the Amazon.com Travel store is a comprehensive destination for all travel needs, offering thousands of flight, hotel, car rental and cruise options, unique discount travel deals, vacation planning and travel advice.</p><p>Expedia is the premier travel service and the booking engine for the Amazon.com Travel store. To help satisfy the needs of travelers affected by changes in the current travel environment, Amazon.com visitors can access Expedia's comprehensive Travel Disruption Resource Center, where customers can obtain frequent airport and airline updates, information on check-in procedures, advisories, flight status, updates on visitor attractions nationwide and relevant articles. Additionally, Expedia offers a one-stop shopping environment where travelers will find the best combination of choice and control in airfare, hotels, vacation packages, cruises and rental cars, along with timely customer service information.</p><p>Through the Amazon Travel store and its partner Expedia, customers can find a wide variety of unsurpassed travel deals and discounts, including the guaranteed lowest rates on hotels with Expedia Special Rates, savings on custom-built vacation packages and up to 60 percent off published airfares with Expedia Bargain Fares.</p><p>In addition, the Amazon.com Travel store offers discounted travel to flexible consumers through Hotwire's specially negotiated Hot-FaresSM and Hot-Rates(SM). By asking customers to be flexible on certain details like exact flight time or airline, Hotwire can save a significant amount of money off published fares and rates without the hassle of bidding. Hotwire currently offers specially negotiated Hot-Fares(SM) and Hot-Rates(SM) on flights, hotels and rental cars.</p><p>The Travel store also features thousands of travel-related products from stores across the Amazon.com site, including products for people traveling with kids and infants, consumer electronic equipment that is essential to travel, travel books and audiobooks, language and travel software, and all the essentials for a road trip. The Travel store includes top sellers in numerous product categories and knowledgeable Search functionality across all product lines.</p><p>Contemporary, premium and luxury cruise vacations are also available to shoppers in the Amazon.com Travel store through National Leisure Group's The Vacation Store. The Vacation Store has a preferred relationship with the World's Leading Cruise Lines, offering cruise vacations to 458 destinations in 87 countries across six continents. Amazon.com customers can find terrific selections and best-price guarantees through The Vacation Store.</p><p>"We've taken the hassle out of searching for travel-related products by building the Travel store, where customers can find, discover and buy any travel-related product they need," said David Risher, senior vice president of marketing and merchandising at Amazon.com. "We're pleased to offer Expedia, Hotwire and National Leisure Group's The Vacation Store's services, as well as our own travel-related merchandise, in one easy-to-shop Travel store."</p><p>"Expedia is a natural fit to provide the core online travel services of air, car, hotel and vacation packages and cruises along with the best customer service and timely travel information within the Amazon.com Travel store," said Erik Blachford, senior vice president of marketing and programming for Expedia. "This relationship brings together the two leaders in e-commerce and customer service and provides Amazon.com customers with an industry-leading set of travel-related products."</p><p>"Amazon.com clearly sees a need for a quality discount travel site where customers can always find a great deal," said Karl Peterson, Hotwire president and CEO. "We're proud to fill that need, working only with major, quality airlines and extending the top-notch service Amazon.com's customers have come to expect."</p><p>"The Vacation Store shares Amazon.com's commitment to quality and value and has teamed up with the World's Leading Cruise Lines to offer a highly diversified global cruise product at exceptional values," said Brad Gerstner, executive vice president of National Leisure Group and The Vacation Store. "We look forward to providing the discerning Amazon.com customer with world-class vacation experiences."</p><p>Later this year, Amazon.com's U.K. subsidiary, Amazon.co.uk, will be launching its own Travel store, featuring thousands of travel-related products from stores across the Amazon.co.uk site. Leading online European travel agent Expedia.co.uk will be the featured partner and booking engine for the store.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p><p>About Expedia, Inc.</p><p>Expedia, Inc. (Nasdaq:EXPE) operates Expedia.com, an independent leading online travel service in the United States with localized versions in Canada, Germany and the United Kingdom. To help customers travel right, Expedia.com provides the best combination of air, car and hotel booking, vacation package and cruise offers, destination information and mapping. Industry experts agree. Expedia's quality and leadership was recognized through several awards, including both PC Magazine's "Readers' Choice" and "Editors' Choice" awards, Forbes' "Favorite General Travel Site," Smart Business's MVP Award, PC World's "Best Bet" and IFITT's "Best Web Site in the Travel Agency, Tour Operator and Cruise Category." Expedia is ranked the seventh largest travel agency in the U.S. according to Travel Weekly magazine.</p><p>Expedia.com customers are supported by a credit card guarantee (U.S. site only), an industry-leading privacy policy and live agents via e-mail and an 800 number available 24 hours a day, seven days a week. Expedia.com is also available under Travel on the MSN(R) network of Internet services.</p><p>About Hotwire</p><p>Hotwire launched in October 2000, offering an affordable and easy way for the leisure traveler to purchase travel online with trusted brands. Hotwire currently offers Hot-FaresSM and Hot-Rates(SM) on airline tickets, hotel rooms and rental cars with 31 airlines, including founding partners American, America West, Continental, Northwest, United and USAirways. In addition, Hotwire is partnered with nearly 2,000 top hotels nationwide and top rental car companies. Awarded a Gold Star for "Best Bargain Booker" by Yahoo! Internet Life magazine (June 2001), Hotwire maintains a consumer focus on low prices, major travel brands and a simple user experience. Hotwire was established in 1999 in San Francisco, with an initial $75 million investment from Texas Pacific Group and founding airline partners.</p><p>About National Leisure Group</p><p>National Leisure Group, Inc. (NLG) is the leading provider of high-quality, high-value vacations and cruises sold directly to consumers through world-class affiliate partners. NLG provides technology, operations support and private-label fulfillment solutions to many of the major online and offline retailers of vacation packages and cruises, and offers consumers a vast array of affordable vacation choices from the finest vendor brands in the world. Based in Woburn, Massachusetts, National Leisure Group has been delivering cruise and vacation solutions to its affiliate partners for nearly 15 years.</p>
Amazon.com and Books in Canada Announce 2000 First Novel Award Winner: Eva Stachniak For Necessary Lies
/news/news-details/2001/Amazon.com-and-Books-in-Canada-Announce-2000-First-Novel-Award-Winner-Eva-Stachniak-For-Necessary-Lies/default.aspx
Amazon.com-and-Books-in-Canada-Announce-2000-First-Novel-Award-Winner-Eva-Stachniak-For-Necessary-Lies
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09/25/2001 00:00:00
Amazon.com and Books in Canada Announce 2000 First Novel Award Winner: Eva Stachniak For Necessary Lies
09/25/2001
2001
TORONTO – September 25, 2001 – Amazon.com and Books in Canada today presented the 2000 First Novel Award and a cheque for US$5,000 to this year's winner, Eva Stachniak, author of Necessary Lies, at a ceremony held in Toronto. Ms. Stachniak was chosen from a group of five finalists, all of whom had their first novels published in the year 2000. The First Novel Award, which recognizes outstanding achievement by first-time Canadian novelists, has served as a springboard for the careers of many of Canada's most renowned authors. Previous winners include Michael Ondaatje, Joan Barfoot, Joy Kogawa, Nino Ricci, and Deborah Joy Corey. Ms. Stachniak, who was born in Poland and immigrated to Canada some 30 years ago, weaves life in Eastern Europe and the West in her winning novel, Necessary Lies. The book is published by Dundurn Press and is available in both hardcover and paperback at Amazon.com. The other finalists in this year's program were Steven Galloway for Finnie Walsh (Raincoast Books), Scott Gardiner for The Dominion of Wyley McFadden (Random House), Susan Juby for Alice, I Think (Thistledown Press), and Lydia Kwa for This Place Called Absence (Turnstone Press). "What all of these novels have in common is great writing and use of language, memorable characters, pace, surprises, the ability to make the reader laugh or cry, and the intelligence to make me say ‘yes, I knew that, but I never quite felt that before'," said W.P. Kinsella, preliminary judge for the 2000 First Novel Award, and 1982 First Novel Award winner for Shoeless Joe, which was later adapted into the Hollywood movie Field of Dreams. The other judges for the 2000 award were: Joel Yanofsky, a literary columnist and book reviewer for The Montreal Gazette; Julie Keith, an award-winning Canadian author and president of the Quebec Writers' Federation; and Carmine Starnino, a respected Canadian poet whose second collection recently received the Canadian Author's Association Award for Poetry. "We are thrilled with the calibre of these novelists and to have the opportunity to support this vital literary award," said Marven Krug, general manager, Canada, Amazon.com. "I think one of our customers best describes the power of the winning novel, Necessary Lies, in a review on our site: ‘The particular strength of this book lies in its ability to bring to life not only the story, but also the scents, textures, colours, and other details of the world in which the characters live and try to make some sense of their lives.'" Books in Canada will soon be accepting submissions for the 2001 First Novel Award. About Books in CanadaBooks in Canada was launched in 1971 to promote Canadian literature and to offer a forum for Canadian writers. Over the course of the last 30 years, Books in Canada has played a signal role in fostering and developing an independent and rich Canadian literary life. The Books in Canada print archive of reviews, profiles, essays, interviews, features, photographs and caricatures represents the largest extant collection of such material on Canadian fiction. The publication has acted as both a beacon for Canada's emerging literary life and an organizing focus of intellectual talent. With the growing maturity and sophistication of the Canadian literary and intellectual scene, Books in Canada is refashioning itself to reach a larger audience of literate Canadians and to disseminate Canadian literature to an international audience. The challenge that we face at Books in Canada is to juxtapose the best Canadian writers with the best writers around the world. Our larger vision is to boldly promote Canada as a rich, multicultural, open and prosperous society that can act as a model for countries and different people around the world. About Amazon.com (http://www.amazon.com) Amazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards, to its more than 35 million customer accounts worldwide. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com operates four international sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp, which offer a complete line of French, British, German and Japanese media, cultural and other products for sale around the world. Amazon's wireless platform, Amazon Anywhere, is the leader in mobile e-commerce, providing wireless access to Amazon.com and the company's international sites.
<p>TORONTO – September 25, 2001 – Amazon.com and Books in Canada today presented the 2000 First Novel Award and a cheque for US$5,000 to this year's winner, Eva Stachniak, author of Necessary Lies, at a ceremony held in Toronto. Ms. Stachniak was chosen from a group of five finalists, all of whom had their first novels published in the year 2000.</p><p>The First Novel Award, which recognizes outstanding achievement by first-time Canadian novelists, has served as a springboard for the careers of many of Canada's most renowned authors. Previous winners include Michael Ondaatje, Joan Barfoot, Joy Kogawa, Nino Ricci, and Deborah Joy Corey.</p><p>Ms. Stachniak, who was born in Poland and immigrated to Canada some 30 years ago, weaves life in Eastern Europe and the West in her winning novel, Necessary Lies. The book is published by Dundurn Press and is available in both hardcover and paperback at Amazon.com.</p><p>The other finalists in this year's program were Steven Galloway for Finnie Walsh (Raincoast Books), Scott Gardiner for The Dominion of Wyley McFadden (Random House), Susan Juby for Alice, I Think (Thistledown Press), and Lydia Kwa for This Place Called Absence (Turnstone Press).</p><p>"What all of these novels have in common is great writing and use of language, memorable characters, pace, surprises, the ability to make the reader laugh or cry, and the intelligence to make me say ‘yes, I knew that, but I never quite felt that before'," said W.P. Kinsella, preliminary judge for the 2000 First Novel Award, and 1982 First Novel Award winner for Shoeless Joe, which was later adapted into the Hollywood movie Field of Dreams.</p><p>The other judges for the 2000 award were: Joel Yanofsky, a literary columnist and book reviewer for The Montreal Gazette; Julie Keith, an award-winning Canadian author and president of the Quebec Writers' Federation; and Carmine Starnino, a respected Canadian poet whose second collection recently received the Canadian Author's Association Award for Poetry.</p><p>"We are thrilled with the calibre of these novelists and to have the opportunity to support this vital literary award," said Marven Krug, general manager, Canada, Amazon.com. "I think one of our customers best describes the power of the winning novel, Necessary Lies, in a review on our site: ‘The particular strength of this book lies in its ability to bring to life not only the story, but also the scents, textures, colours, and other details of the world in which the characters live and try to make some sense of their lives.'"</p><p>Books in Canada will soon be accepting submissions for the 2001 First Novel Award.</p><p>About Books in CanadaBooks in Canada was launched in 1971 to promote Canadian literature and to offer a forum for Canadian writers. Over the course of the last 30 years, Books in Canada has played a signal role in fostering and developing an independent and rich Canadian literary life. The Books in Canada print archive of reviews, profiles, essays, interviews, features, photographs and caricatures represents the largest extant collection of such material on Canadian fiction. The publication has acted as both a beacon for Canada's emerging literary life and an organizing focus of intellectual talent. With the growing maturity and sophistication of the Canadian literary and intellectual scene, Books in Canada is refashioning itself to reach a larger audience of literate Canadians and to disseminate Canadian literature to an international audience. The challenge that we face at Books in Canada is to juxtapose the best Canadian writers with the best writers around the world. Our larger vision is to boldly promote Canada as a rich, multicultural, open and prosperous society that can act as a model for countries and different people around the world.</p><p>About Amazon.com (http://www.amazon.com)</p><p>Amazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards, to its more than 35 million customer accounts worldwide. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com operates four international sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp, which offer a complete line of French, British, German and Japanese media, cultural and other products for sale around the world. Amazon's wireless platform, Amazon Anywhere, is the leader in mobile e-commerce, providing wireless access to Amazon.com and the company's international sites.</p>
Target and Amazon.com Team to Advance E-commerce Initiatives
/news/news-details/2001/Target-and-Amazon.com-Team-to-Advance-E-commerce-Initiatives/default.aspx
Target-and-Amazon.com-Team-to-Advance-E-commerce-Initiatives
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09/11/2001 00:00:00
Target and Amazon.com Team to Advance E-commerce Initiatives
09/11/2001
2001
SEATTLE and MINNEAPOLIS (September 11, 2001) —Target Corporation and Amazon.com (www.amazon.com) today announced plans to open a Target store at www.amazon.com beginning later this fall, which will expand product offerings available at Amazon.com to include thousands of apparel, home, electronics and jewelry products. The companies also announced that Target has chosen Amazon.com's complete solution of e-commerce technology services, order fulfillment, and customer care services for its current online properties, including target.com, MarshallFields.com, Mervyns.com and GiftCatalog.com, beginning in summer 2002. All of these online properties will continue to be owned by Target Corporation. "Target.com has experienced tremendous growth in the past twelve months and we believe this new Target store at Amazon.com provides another opportunity to expand our business," said Jerry Storch, vice chairman of Target Corporation. "We are excited to be working with Amazon.com and believe this alliance will further strengthen our brand and deepen our relationships with our guests." "We're always looking to expand selection for our customers, and this strategic partnership with a leading retailer like Target hits the bulls-eye," said Jeff Bezos, founder and CEO of Amazon.com. "In time for the holiday shopping season, and then continuing in 2002, Amazon.com will have jewelry, apparel, and more home living and electronics products available for our customers, thanks to the new Target store at Amazon.com and a great Target gift line-up." Under the five-year strategic alliance, Amazon.com will receive per unit fees and annual fixed fees. Target will receive the benefits of the Amazon.com e-commerce platform and vast customer base to accelerate its already rapid growth online. About target.comMinneapolis-based target.com is the largest online business of Target Corporation (NYSE:TGT). Delivering today's best retail trends at affordable prices, target.com boasts thousands of unique and highly differentiated items, many of which are also available from Target Stores, the upscale discount retail division of Target Corporation. The target.com site has a broad assortment of gift ideas and products in a wide range of categories, including apparel, children's items, electronics, home décor, housewares, seasonal merchandise, sporting goods, and toys. In addition to online shopping, target.com offers guests the opportunity to purchase products from Target's highly successful registry programs (Club Wedd and Lullaby Club), apply for a Target Guest Card, access information on programs such as Take Charge of Education, find out what's new at Target Stores, locate the nearest Target store, and browse Target Stores' weekly circular. Target Corporation's other online properties include Mervyns.com, MarshallFields.com and GiftCatalog.com. Target Corporation news releases are available at http://www.target.com or http://prnewswire.com. About Amazon.comAmazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative customer accounts), and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com, Amazon.co.uk and Amazon.de on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.
<p>SEATTLE and MINNEAPOLIS (September 11, 2001) —Target Corporation and Amazon.com (www.amazon.com) today announced plans to open a Target store at www.amazon.com beginning later this fall, which will expand product offerings available at Amazon.com to include thousands of apparel, home, electronics and jewelry products.</p><p>The companies also announced that Target has chosen Amazon.com's complete solution of e-commerce technology services, order fulfillment, and customer care services for its current online properties, including target.com, MarshallFields.com, Mervyns.com and GiftCatalog.com, beginning in summer 2002. All of these online properties will continue to be owned by Target Corporation.</p><p>"Target.com has experienced tremendous growth in the past twelve months and we believe this new Target store at Amazon.com provides another opportunity to expand our business," said Jerry Storch, vice chairman of Target Corporation. "We are excited to be working with Amazon.com and believe this alliance will further strengthen our brand and deepen our relationships with our guests."</p><p>"We're always looking to expand selection for our customers, and this strategic partnership with a leading retailer like Target hits the bulls-eye," said Jeff Bezos, founder and CEO of Amazon.com. "In time for the holiday shopping season, and then continuing in 2002, Amazon.com will have jewelry, apparel, and more home living and electronics products available for our customers, thanks to the new Target store at Amazon.com and a great Target gift line-up."</p><p>Under the five-year strategic alliance, Amazon.com will receive per unit fees and annual fixed fees. Target will receive the benefits of the Amazon.com e-commerce platform and vast customer base to accelerate its already rapid growth online.</p><p>About target.comMinneapolis-based target.com is the largest online business of Target Corporation (NYSE:TGT). Delivering today's best retail trends at affordable prices, target.com boasts thousands of unique and highly differentiated items, many of which are also available from Target Stores, the upscale discount retail division of Target Corporation. The target.com site has a broad assortment of gift ideas and products in a wide range of categories, including apparel, children's items, electronics, home décor, housewares, seasonal merchandise, sporting goods, and toys. In addition to online shopping, target.com offers guests the opportunity to purchase products from Target's highly successful registry programs (Club Wedd and Lullaby Club), apply for a Target Guest Card, access information on programs such as Take Charge of Education, find out what's new at Target Stores, locate the nearest Target store, and browse Target Stores' weekly circular. Target Corporation's other online properties include Mervyns.com, MarshallFields.com and GiftCatalog.com.</p><p>Target Corporation news releases are available at http://www.target.com or http://prnewswire.com.</p><p>About Amazon.comAmazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative customer accounts), and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film through 2005.</p><p>Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com, Amazon.co.uk and Amazon.de on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p>
Amazon.com Launches Computer Store; Offers Wide Selection of New and Refurbished Computers, Peripherals and Software Plus Authoritative Sales Help
/news/news-details/2001/Amazon.com-Launches-Computer-Store-Offers-Wide-Selection-of-New-and-Refurbished-Computers-Peripherals-and-Software-Plus-Authoritative-Sales-Help/default.aspx
Amazon.com-Launches-Computer-Store-Offers-Wide-Selection-of-New-and-Refurbished-Computers-Peripherals-and-Software-Plus-Authoritative-Sales-Help
4,258
08/29/2001 00:00:00
Amazon.com Launches Computer Store; Offers Wide Selection of New and Refurbished Computers, Peripherals and Software Plus Authoritative Sales Help
08/29/2001
2001
SEATTLE--Aug. 29, 2001--Amazon.com (Nasdaq:AMZN) today announced the launch of its Computer store (http://www.amazon.com/computers), where customers can find great deals and authoritative sales help on a wide selection of new and refurbished computers. With the latest desktops and notebooks from leading brands like Apple, Compaq, Hewlett-Packard, IBM and Toshiba, the new store offers computer solutions for everyone from small-business owners, families and college students to gamers, road warriors, graphics enthusiasts, technophiles and others. Additionally, the store will offer quality, refurbished computers, making it a great resource for bargain hunters. "Whether you're heading back to school, looking for a second computer or setting up a home office, Amazon.com's new Computer store offers some terrific values," said Jeff Bezos, Amazon.com founder and CEO. "In addition to great deals on new computers, you can find refurbished computers for little more than your $300 tax rebate check." Shoppers upgrading and expanding their computer systems will also find thousands of computer components and peripherals, including memory and CPU upgrades, digital audio receivers, game hardware, graphics cards, modems, monitors, networking tools, printers, scanners, sounds cards and thousands of business, office and home-related software titles. To help both novice and sophisticated computer users find the right computer and peripherals based on their needs and budget, the store provides customers with the following tools: Online and phone help: Get detailed and authoritative product information online and sales help on the phone at 888/533-5659. Buying advisor tool: Receive recommendations on the best models based on budget constraints and anticipated uses. Advanced search: Select a computer based on its specific components and features. Side-by-side comparisons: Compare price, speed, memory size and other features of multiple computer models side by side on a single screen. Customers can also compare the best-selling, top-of-the-line, entry-level or popular models with a click of a button. Accessory finder: Search for compatible peripherals and software for an existing computer based on its operating system and available interfaces. Links to rebates: Eligible rebates are linked directly to products so customers can easily access and print rebate forms for added value. Order fulfillment for new computers sold through the Amazon Computer store will be handled by Ingram Micro, Inc., the leading global wholesale provider of technology products and services. "Amazon.com's new Computer store is a great technology resource for consumers," said Kevin Murai, president of Ingram Micro U.S. "We're pleased to contribute our world-class technology fulfillment expertise to the excellent customer service Amazon.com already provides to its customers." Refurbished computers in the store will be sold by established third-party sellers like Essex Technology Group, Overstock.com and TechSmart, Inc. In celebration of the launch, the Amazon Computer store is offering free standard shipping on all new notebook computer orders through Labor Day this year. The addition of computers completes Amazon.com's already strong selection of electronics and software products. Shoppers can now come to Amazon.com for all their technology product needs -- from new and refurbished computers to digital cameras, MP3 players, educational software, handhelds, routers and computer games. With the recently announced Amazon.com Corporate Accounts program (http://www.amazon.com/corporate), businesses can now purchase computers, printers, fax machines, and other electronics with online purchase orders instead of using a personal credit card. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>SEATTLE--Aug. 29, 2001--Amazon.com (Nasdaq:AMZN) today announced the launch of its Computer store (http://www.amazon.com/computers), where customers can find great deals and authoritative sales help on a wide selection of new and refurbished computers.</p><p>With the latest desktops and notebooks from leading brands like Apple, Compaq, Hewlett-Packard, IBM and Toshiba, the new store offers computer solutions for everyone from small-business owners, families and college students to gamers, road warriors, graphics enthusiasts, technophiles and others. Additionally, the store will offer quality, refurbished computers, making it a great resource for bargain hunters.</p><p>"Whether you're heading back to school, looking for a second computer or setting up a home office, Amazon.com's new Computer store offers some terrific values," said Jeff Bezos, Amazon.com founder and CEO. "In addition to great deals on new computers, you can find refurbished computers for little more than your $300 tax rebate check."</p><p>Shoppers upgrading and expanding their computer systems will also find thousands of computer components and peripherals, including memory and CPU upgrades, digital audio receivers, game hardware, graphics cards, modems, monitors, networking tools, printers, scanners, sounds cards and thousands of business, office and home-related software titles.</p><p>To help both novice and sophisticated computer users find the right computer and peripherals based on their needs and budget, the store provides customers with the following tools:</p><ul><li><p>Online and phone help: Get detailed and authoritative product information online and sales help on the phone at 888/533-5659.</p></li><li><p>Buying advisor tool: Receive recommendations on the best models based on budget constraints and anticipated uses.</p></li><li><p>Advanced search: Select a computer based on its specific components and features.</p></li><li><p>Side-by-side comparisons: Compare price, speed, memory size and other features of multiple computer models side by side on a single screen. Customers can also compare the best-selling, top-of-the-line, entry-level or popular models with a click of a button.</p></li><li><p>Accessory finder: Search for compatible peripherals and software for an existing computer based on its operating system and available interfaces.</p></li><li><p>Links to rebates: Eligible rebates are linked directly to products so customers can easily access and print rebate forms for added value.</p></li></ul><p>Order fulfillment for new computers sold through the Amazon Computer store will be handled by Ingram Micro, Inc., the leading global wholesale provider of technology products and services.</p><p>"Amazon.com's new Computer store is a great technology resource for consumers," said Kevin Murai, president of Ingram Micro U.S. "We're pleased to contribute our world-class technology fulfillment expertise to the excellent customer service Amazon.com already provides to its customers."</p><p>Refurbished computers in the store will be sold by established third-party sellers like Essex Technology Group, Overstock.com and TechSmart, Inc.</p><p>In celebration of the launch, the Amazon Computer store is offering free standard shipping on all new notebook computer orders through Labor Day this year.</p><p>The addition of computers completes Amazon.com's already strong selection of electronics and software products. Shoppers can now come to Amazon.com for all their technology product needs -- from new and refurbished computers to digital cameras, MP3 players, educational software, handhelds, routers and computer games.</p><p>With the recently announced Amazon.com Corporate Accounts program (http://www.amazon.com/corporate), businesses can now purchase computers, printers, fax machines, and other electronics with online purchase orders instead of using a personal credit card.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon.com Introduces Corporate Accounts Program; Libraries, Small Businesses and Other Organizations Can Now Purchase from Amazon.com Without Using Credit Cards
/news/news-details/2001/Amazon.com-Introduces-Corporate-Accounts-Program-Libraries-Small-Businesses-and-Other-Organizations-Can-Now-Purchase-from-Amazon.com-Without-Using-Credit-Cards/default.aspx
Amazon.com-Introduces-Corporate-Accounts-Program-Libraries-Small-Businesses-and-Other-Organizations-Can-Now-Purchase-from-Amazon.com-Without-Using-Credit-Cards
4,259
08/22/2001 00:00:00
Amazon.com Introduces Corporate Accounts Program; Libraries, Small Businesses and Other Organizations Can Now Purchase from Amazon.com Without Using Credit Cards
08/22/2001
2001
SEATTLE, Aug 22, 2001 -- Amazon.com (Nasdaq:AMZN) (www.amazon.com) today launched a new Corporate Accounts program (www.amazon.com/corporate), accepting online purchase orders from qualified businesses, libraries, schools, government institutions and other organizations that want to purchase items from across the Amazon.com Web site without using a credit card. The program also features a suite of new account management tools designed specifically for corporate and institutional buyers. Created to offer professional purchasers greater flexibility and a simpler shopping experience, the Amazon.com Corporate Accounts program allows customers to easily create and manage an account in accordance with their purchasing needs. This includes choosing a preferred payment method -- corporate customers can now shop using online purchase orders or credit cards -- as well as the ability to designate account managers and authorized purchasers. Organizations that opt to pay by purchase order can apply for credit online, receive a line of credit and begin buying within minutes. Corporate account holders will also enjoy access to an online order history for all account purchases; one consolidated, line-item bill for all account activity; and the option to receive an e-mail notification every time a purchase is made. "We're happy to announce that qualifying libraries, businesses and institutions of all shapes and sizes can now purchase from Amazon.com without using a credit card," said Jason Kilar, vice president of media products at Amazon.com. "Whether it's local librarians ordering hard-to-find titles, corporate librarians purchasing training materials or small businesses buying software and printers, these customers will now be able to use purchase orders as a method of payment at Amazon.com." Hundreds of organizations have already created an Amazon.com corporate account, including Johns Hopkins University's Sheridan Libraries, Northwestern University Law Library, Stanford University Libraries, Oracle (Nasdaq: ORCL) and 3Com (Nasdaq: COMS). "Amazon.com's Corporate Accounts program is a great solution to help the library meet the needs of our faculty and students," said JoAnn Hounshell, head of acquisitions at Northwestern University Law Library. "In addition to accepting purchase orders, they've made it incredibly easy to set up and manage a corporate account. It's a great benefit for us to be able to find and buy so many of the titles our library needs in one place, and we know we can rely on them for timely and accurate delivery and excellent customer service." Library purchasers, small-business owners, corporate purchasing managers and others can use their corporate accounts to shop across the Amazon.com Web site, purchasing everything from books, software and other media products, to electronics such as printers and fax machines, to tools and hardware, and much more. Amazon.com is also offering corporate purchasers a promotional credit of up to $125 based on account purchases made through October 15, 2001. Customers can apply their credit to future Amazon.com orders. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>SEATTLE, Aug 22, 2001 -- Amazon.com (Nasdaq:AMZN) (www.amazon.com) today launched a new Corporate Accounts program (www.amazon.com/corporate), accepting online purchase orders from qualified businesses, libraries, schools, government institutions and other organizations that want to purchase items from across the Amazon.com Web site without using a credit card.</p><p>The program also features a suite of new account management tools designed specifically for corporate and institutional buyers.</p><p>Created to offer professional purchasers greater flexibility and a simpler shopping experience, the Amazon.com Corporate Accounts program allows customers to easily create and manage an account in accordance with their purchasing needs. This includes choosing a preferred payment method -- corporate customers can now shop using online purchase orders or credit cards -- as well as the ability to designate account managers and authorized purchasers. Organizations that opt to pay by purchase order can apply for credit online, receive a line of credit and begin buying within minutes.</p><p>Corporate account holders will also enjoy access to an online order history for all account purchases; one consolidated, line-item bill for all account activity; and the option to receive an e-mail notification every time a purchase is made.</p><p>"We're happy to announce that qualifying libraries, businesses and institutions of all shapes and sizes can now purchase from Amazon.com without using a credit card," said Jason Kilar, vice president of media products at Amazon.com. "Whether it's local librarians ordering hard-to-find titles, corporate librarians purchasing training materials or small businesses buying software and printers, these customers will now be able to use purchase orders as a method of payment at Amazon.com."</p><p>Hundreds of organizations have already created an Amazon.com corporate account, including Johns Hopkins University's Sheridan Libraries, Northwestern University Law Library, Stanford University Libraries, Oracle (Nasdaq: ORCL) and 3Com (Nasdaq: COMS).</p><p>"Amazon.com's Corporate Accounts program is a great solution to help the library meet the needs of our faculty and students," said JoAnn Hounshell, head of acquisitions at Northwestern University Law Library. "In addition to accepting purchase orders, they've made it incredibly easy to set up and manage a corporate account. It's a great benefit for us to be able to find and buy so many of the titles our library needs in one place, and we know we can rely on them for timely and accurate delivery and excellent customer service."</p><p>Library purchasers, small-business owners, corporate purchasing managers and others can use their corporate accounts to shop across the Amazon.com Web site, purchasing everything from books, software and other media products, to electronics such as printers and fax machines, to tools and hardware, and much more.</p><p>Amazon.com is also offering corporate purchasers a promotional credit of up to $125 based on account purchases made through October 15, 2001. Customers can apply their credit to future Amazon.com orders.</p><pre> About Amazon.com</pre><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon.com to Further Expand Electronics Selection and Provide In-store Pickup at Circuit City Stores; to Launch in Time for Holiday Shopping
/news/news-details/2001/Amazon.com-to-Further-Expand-Electronics-Selection-and-Provide-In-store-Pickup-at-Circuit-City-Stores-to-Launch-in-Time-for-Holiday-Shopping/default.aspx
Amazon.com-to-Further-Expand-Electronics-Selection-and-Provide-In-store-Pickup-at-Circuit-City-Stores-to-Launch-in-Time-for-Holiday-Shopping
4,260
08/21/2001 00:00:00
Amazon.com to Further Expand Electronics Selection and Provide In-store Pickup at Circuit City Stores; to Launch in Time for Holiday Shopping
08/21/2001
2001
SEATTLE--Aug. 20, 2001--Amazon.com (www.amazon.com) today announced that Circuit City stores will offer several thousand consumer electronics items for sale at Amazon.com, with purchases ready for immediate pickup at hundreds of Circuit City stores nationwide. The expanded selection and in-store pickup will launch in November -- in time for the holiday shopping season. Where both Amazon.com and Circuit City offer the same electronics products, customers will have a choice between traditional Amazon.com shipping options and immediate pickup from more than 600 Circuit City stores. Items offered by Circuit City that are not offered in the Amazon.com Electronics store will be available exclusively for in-store pickup; merchandise offered by Amazon.com that is not available at Circuit City will be delivered exclusively from Amazon.com. "We're thrilled to be working with Circuit City to provide our customers with an even greater selection of cool electronics products, as well as the option of in-store pick-up," said Jeff Bezos, founder and CEO of Amazon.com. "For electronics shoppers who want their merchandise right away, our new in-store pickup option is a great way for them to get exactly what they want, when they want it." "Circuit City is excited to join our name with that of the leading customer-focused e-tailer and believes this agreement will serve as a revenue generator for both companies. Circuit City and Amazon.com have the knowledge, skills and people in place to make this a great customer experience," said W. Alan McCollough, president and chief executive officer of Circuit City Stores, Inc. Under terms of the agreement, Amazon.com will be paid a percentage of the revenue for Circuit City electronics merchandise purchased through Amazon.com's Electronics store. Amazon.com will be responsible for processing the transaction; Circuit City will be responsible for product fulfillment, as well as providing product-related customer service. Circuit City will accept returns on merchandise picked up at Circuit City stores. Additional terms of the multi-year agreement were not disclosed, but both Amazon.com and Circuit City expect to offer additional customer benefits together in the future. The agreement with Circuit City is the latest in a series of alliances between Amazon.com and other companies, including Toysrus.com, Borders Group, Inc. and America Online, which use or will use Amazon.com's industry leading online retail platform for varying aspects of their businesses. The alliance with Circuit City is one more expansion of Amazon.com's electronics business, which launched in July 1999 and is the company's second-largest U.S. business, after books. The company has since added thousands of additional products to its Electronics line, including a Camera & Photo store and a Cell Phones & Service store. Amazon.co.uk, serving the UK, and Amazon.de, serving Germany, recently added electronics stores tailored to customers in those countries. About Amazon.com Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 retailer. Amazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen products, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, lawn and patio items, and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film in 1891 to 2003. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com, Amazon.co.uk and Amazon.de on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q. Circuit City Stores, Inc. Forward-Looking Statement This release contains forward-looking statements related to Circuit City Stores, Inc. These statements are subject to risks and uncertainties. Additional discussion of factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is contained in Circuit City Stores, Inc.'s filings with the Securities and Exchange Commission.
<p>SEATTLE--Aug. 20, 2001--Amazon.com (www.amazon.com) today announced that Circuit City stores will offer several thousand consumer electronics items for sale at Amazon.com, with purchases ready for immediate pickup at hundreds of Circuit City stores nationwide.</p><p>The expanded selection and in-store pickup will launch in November -- in time for the holiday shopping season. Where both Amazon.com and Circuit City offer the same electronics products, customers will have a choice between traditional Amazon.com shipping options and immediate pickup from more than 600 Circuit City stores. Items offered by Circuit City that are not offered in the Amazon.com Electronics store will be available exclusively for in-store pickup; merchandise offered by Amazon.com that is not available at Circuit City will be delivered exclusively from Amazon.com.</p><p>"We're thrilled to be working with Circuit City to provide our customers with an even greater selection of cool electronics products, as well as the option of in-store pick-up," said Jeff Bezos, founder and CEO of Amazon.com. "For electronics shoppers who want their merchandise right away, our new in-store pickup option is a great way for them to get exactly what they want, when they want it."</p><p>"Circuit City is excited to join our name with that of the leading customer-focused e-tailer and believes this agreement will serve as a revenue generator for both companies. Circuit City and Amazon.com have the knowledge, skills and people in place to make this a great customer experience," said W. Alan McCollough, president and chief executive officer of Circuit City Stores, Inc.</p><p>Under terms of the agreement, Amazon.com will be paid a percentage of the revenue for Circuit City electronics merchandise purchased through Amazon.com's Electronics store. Amazon.com will be responsible for processing the transaction; Circuit City will be responsible for product fulfillment, as well as providing product-related customer service. Circuit City will accept returns on merchandise picked up at Circuit City stores. Additional terms of the multi-year agreement were not disclosed, but both Amazon.com and Circuit City expect to offer additional customer benefits together in the future.</p><p>The agreement with Circuit City is the latest in a series of alliances between Amazon.com and other companies, including Toysrus.com, Borders Group, Inc. and America Online, which use or will use Amazon.com's industry leading online retail platform for varying aspects of their businesses.</p><p>The alliance with Circuit City is one more expansion of Amazon.com's electronics business, which launched in July 1999 and is the company's second-largest U.S. business, after books. The company has since added thousands of additional products to its Electronics line, including a Camera &amp; Photo store and a Cell Phones &amp; Service store. Amazon.co.uk, serving the UK, and Amazon.de, serving Germany, recently added electronics stores tailored to customers in those countries.</p><p>About Amazon.com</p><p>Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 retailer. Amazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen products, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, lawn and patio items, and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative customer accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film in 1891 to 2003.</p><p>Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com, Amazon.co.uk and Amazon.de on personal digital assistants (PDAs) and through handheld wireless Internet devices that use HDML or the Wireless Application Protocol.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</p><p>Circuit City Stores, Inc. Forward-Looking Statement</p><p>This release contains forward-looking statements related to Circuit City Stores, Inc. These statements are subject to risks and uncertainties. Additional discussion of factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is contained in Circuit City Stores, Inc.'s filings with the Securities and Exchange Commission.</p>
Major League Baseball Advanced Media and Amazon.com Team Up to Sell Seattle Mariners Goods to Customers in Japan
/news/news-details/2001/Major-League-Baseball-Advanced-Media-and-Amazon.com-Team-Up-to-Sell-Seattle-Mariners-Goods-to-Customers-in-Japan/default.aspx
Major-League-Baseball-Advanced-Media-and-Amazon.com-Team-Up-to-Sell-Seattle-Mariners-Goods-to-Customers-in-Japan
4,261
08/07/2001 00:00:00
Major League Baseball Advanced Media and Amazon.com Team Up to Sell Seattle Mariners Goods to Customers in Japan
08/07/2001
2001
SEATTLE, Aug 7, 2001 -- International online retailer Amazon.com (Nasdaq:AMZN) and Major League Baseball Advanced Media (http://www.mlb.com), the interactive media and Internet company of Major League Baseball, today launched the Seattle Mariners Store on Amazon.co.jp, Amazon.com's Japanese Web site. The store, found at www.amazon.co.jp/mariners, features the broadest selection available in Japan of official Seattle Mariners products, from team T-shirts and caps to Ichiro and Sasaki name and number jerseys. Most products in the store have 24-hour availability, and Amazon.co.jp provides free shipping for any orders of (Y)5,000 or more. Utilizing all aspects of Amazon.com's proven e-commerce platform, the Mariners Store features Japanese product descriptions and editorial content, product images and a U.S./Japan sizing comparison chart. All pricing is in Japanese yen, and customer service and fulfillment are handled within Japan by Amazon. Beyond Mariners products, the store includes books, CDs, videos and DVDs related to the Mariners, Ichiro and baseball in general. "This is truly a win-win-win for Major League Baseball, for Amazon.com and for our customers and fans, who will be able to get their favorite Mariners merchandise at competitive prices, with fast delivery times and from a retailer that truly understands ease-of-use and superior technology," said Bob Bowman, CEO, MLB Advanced Media, which operates MLB.com, the official league site, as well as the 30 individual club sites. "I want to congratulate Ichiro and Sasaki and the entire Mariners team for a stunning season," said Jeff Bezos, founder and CEO, Amazon.com, which is headquartered in Seattle. "We are thrilled to be working with Major League Baseball Advanced Media and the Seattle Mariners to offer our first ever sports store to our hundreds of thousands of customers and all the Mariners fans in Japan." The Seattle Mariners Store will be featured on Amazon.co.jp through this baseball season, with the potential for extension. Special hyperlinks to the Japanese store are located on MLB.com's shopping page, the Seattle Mariners Web site and the Seattle Mariners Japanese Web site. Amazon.co.jp is also providing a link to MLB.com's subscription page for live Japanese audio of the Seattle Mariners games, which is also being launched with tonight's game. About MLB Advanced Media (http://www.mlb.com) Established in June 2000 following a unanimous vote by the 30 Major League Baseball club owners to centralize all of Baseball's Internet operations. MLB Advanced Media LP (MLBAM) is the interactive media and Internet company of Major League Baseball. MLBAM manages the official league site, www.MLB.com, and each of the 30 individual Club sites to create the most comprehensive Major League Baseball resource on the Internet. MLB.com offers fans the most complete baseball information on the Web, including up-to-date statistics, game summaries, extensive historical information, and exclusive features about Major League Baseball events and programs, including on-line ticket sales, baseball merchandise, authenticated memorabilia and collectibles, fantasy games, radio broadcast of games, pitch-by-pitch enactment of games, and video highlights. About Amazon.com (http://www.amazon.com) Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film. Amazon Anywhere is the leader in mobile e-commerce, providing access to Amazon.com, Amazon.co.uk and Amazon.de on personal digital assistants (PDAs) and through handheld wireless Internet devices. About Amazon.co.jp (http://www.amazon.co.jp) Launched November 1, 2000, Amazon.co.jp is the Japanese language site of Amazon.com, the global online retailer. Offering more than 2.2 million Japanese and foreign language books, CDs, videos, and DVDs, Amazon.co.jp is the No. 1 Japanese online bookstore and the No. 2 Japanese e-commerce site, based on Media Metrix data measuring the number of unique visitors and reach. Amazon.co.jp has marketing alliances with several major Japanese Internet portals, including Yahoo Japan (www.yahoo.co.jp), Goo (www.goo.ne.jp), BIGLOBE (www.biglobe.ne.jp), and Excite Japan (www.excite.co.jp). This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>SEATTLE, Aug 7, 2001 -- International online retailer Amazon.com (Nasdaq:AMZN) and Major League Baseball Advanced Media (http://www.mlb.com), the interactive media and Internet company of Major League Baseball, today launched the Seattle Mariners Store on Amazon.co.jp, Amazon.com's Japanese Web site. The store, found at www.amazon.co.jp/mariners, features the broadest selection available in Japan of official Seattle Mariners products, from team T-shirts and caps to Ichiro and Sasaki name and number jerseys. Most products in the store have 24-hour availability, and Amazon.co.jp provides free shipping for any orders of (Y)5,000 or more.</p><p>Utilizing all aspects of Amazon.com's proven e-commerce platform, the Mariners Store features Japanese product descriptions and editorial content, product images and a U.S./Japan sizing comparison chart. All pricing is in Japanese yen, and customer service and fulfillment are handled within Japan by Amazon. Beyond Mariners products, the store includes books, CDs, videos and DVDs related to the Mariners, Ichiro and baseball in general.</p><p>"This is truly a win-win-win for Major League Baseball, for Amazon.com and for our customers and fans, who will be able to get their favorite Mariners merchandise at competitive prices, with fast delivery times and from a retailer that truly understands ease-of-use and superior technology," said Bob Bowman, CEO, MLB Advanced Media, which operates MLB.com, the official league site, as well as the 30 individual club sites.</p><p>"I want to congratulate Ichiro and Sasaki and the entire Mariners team for a stunning season," said Jeff Bezos, founder and CEO, Amazon.com, which is headquartered in Seattle. "We are thrilled to be working with Major League Baseball Advanced Media and the Seattle Mariners to offer our first ever sports store to our hundreds of thousands of customers and all the Mariners fans in Japan."</p><p>The Seattle Mariners Store will be featured on Amazon.co.jp through this baseball season, with the potential for extension. Special hyperlinks to the Japanese store are located on MLB.com's shopping page, the Seattle Mariners Web site and the Seattle Mariners Japanese Web site. Amazon.co.jp is also providing a link to MLB.com's subscription page for live Japanese audio of the Seattle Mariners games, which is also being launched with tonight's game.</p><pre> About MLB Advanced Media (http://www.mlb.com)</pre><p>Established in June 2000 following a unanimous vote by the 30 Major League Baseball club owners to centralize all of Baseball's Internet operations. MLB Advanced Media LP (MLBAM) is the interactive media and Internet company of Major League Baseball. MLBAM manages the official league site, www.MLB.com, and each of the 30 individual Club sites to create the most comprehensive Major League Baseball resource on the Internet. MLB.com offers fans the most complete baseball information on the Web, including up-to-date statistics, game summaries, extensive historical information, and exclusive features about Major League Baseball events and programs, including on-line ticket sales, baseball merchandise, authenticated memorabilia and collectibles, fantasy games, radio broadcast of games, pitch-by-pitch enactment of games, and video highlights.</p><pre> About Amazon.com (http://www.amazon.com)</pre><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film. Amazon Anywhere is the leader in mobile e-commerce, providing access to Amazon.com, Amazon.co.uk and Amazon.de on personal digital assistants (PDAs) and through handheld wireless Internet devices.</p><pre> About Amazon.co.jp (http://www.amazon.co.jp)</pre><p>Launched November 1, 2000, Amazon.co.jp is the Japanese language site of Amazon.com, the global online retailer. Offering more than 2.2 million Japanese and foreign language books, CDs, videos, and DVDs, Amazon.co.jp is the No. 1 Japanese online bookstore and the No. 2 Japanese e-commerce site, based on Media Metrix data measuring the number of unique visitors and reach. Amazon.co.jp has marketing alliances with several major Japanese Internet portals, including Yahoo Japan (www.yahoo.co.jp), Goo (www.goo.ne.jp), BIGLOBE (www.biglobe.ne.jp), and Excite Japan (www.excite.co.jp).</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Co-Branded Borders.com Site, Powered By Amazon.com, Live Today
/news/news-details/2001/Co-Branded-Borders.com-Site-Powered-By-Amazon.com-Live-Today/default.aspx
Co-Branded-Borders.com-Site-Powered-By-Amazon.com-Live-Today
4,262
08/02/2001 00:00:00
Co-Branded Borders.com Site, Powered By Amazon.com, Live Today
08/02/2001
2001
ANN ARBOR, Mich., Aug 2, 2001 – Borders Group Inc. today re-launched the Borders.com web site (www.borders.com), now teamed with Amazon.com. The co-branded site provides customers with an enhanced online shopping experience. The new co-branded site provides customers access to Amazon's vast selection of books, music, videos and DVDs, along with Amazon's editorial reviews, personalization and recommendations, 1-Clicktm ordering and other key site tools. Transactions via the site will be made through Amazon.com, who will also handle product fulfillment, shipping and customer service. "This is a great time for customers," said Tami Heim, president of Borders stores. "The alliance between Borders.com and Amazon.com, brings customers the convenience of online shopping through the co-branded web site and the world's best e-commerce experience. In the process, we have maintained the personality of Borders.com while providing innovative and unique new features to shoppers." "All of us at Amazon.com have worked hard to build the easiest to use and most technologically sophisticated e-commerce platform," said Harrison Miller, vice president and general manager of Amazon.com' s Platform Services Group. "We are thrilled to extend the benefits of this platform to Borders.com." The site will also include various links to BordersStores.com, a separate site operated by Borders that offers customers exciting new features, such as the ability to access Borders bricks and mortar store inventory. About Borders Group Borders Group (NYSE: BGP) is a FORTUNE 500 company and leading retailer of books, music, video and other information and entertainment items with stores in the United States, United Kingdom, Australia, New Zealand, Singapore and the commonwealth of Puerto Rico. Headquartered in Ann Arbor, Mich., Borders Group employs 30,000 worldwide and operates over 340 Borders domestic superstores, 17 international Borders stores, 32 Books etc. locations and approximately 860 Waldenbooks stores. Additional information for journalists is available at www.bgimediacenter.com. Financial data is hosted on www.bordersgroupinc.com and information on Borders stores is available through www.bordersstores.com. The two companies announced the intention to launch the co-branded site in April 2001. About Amazon.comAmazon.com (NASDAQ: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film. Safe HarborThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>ANN ARBOR, Mich., Aug 2, 2001 – Borders Group Inc. today re-launched the Borders.com web site (www.borders.com), now teamed with Amazon.com. The co-branded site provides customers with an enhanced online shopping experience.</p><p>The new co-branded site provides customers access to Amazon's vast selection of books, music, videos and DVDs, along with Amazon's editorial reviews, personalization and recommendations, 1-Clicktm ordering and other key site tools. Transactions via the site will be made through Amazon.com, who will also handle product fulfillment, shipping and customer service.</p><p>"This is a great time for customers," said Tami Heim, president of Borders stores. "The alliance between Borders.com and Amazon.com, brings customers the convenience of online shopping through the co-branded web site and the world's best e-commerce experience. In the process, we have maintained the personality of Borders.com while providing innovative and unique new features to shoppers."</p><p>"All of us at Amazon.com have worked hard to build the easiest to use and most technologically sophisticated e-commerce platform," said Harrison Miller, vice president and general manager of Amazon.com' s Platform Services Group. "We are thrilled to extend the benefits of this platform to Borders.com."</p><p>The site will also include various links to BordersStores.com, a separate site operated by Borders that offers customers exciting new features, such as the ability to access Borders bricks and mortar store inventory.</p><p>About Borders Group</p><p>Borders Group (NYSE: BGP) is a FORTUNE 500 company and leading retailer of books, music, video and other information and entertainment items with stores in the United States, United Kingdom, Australia, New Zealand, Singapore and the commonwealth of Puerto Rico. Headquartered in Ann Arbor, Mich., Borders Group employs 30,000 worldwide and operates over 340 Borders domestic superstores, 17 international Borders stores, 32 Books etc. locations and approximately 860 Waldenbooks stores.</p><p>Additional information for journalists is available at www.bgimediacenter.com. Financial data is hosted on www.bordersgroupinc.com and information on Borders stores is available through www.bordersstores.com.</p><p>The two companies announced the intention to launch the co-branded site in April 2001.</p><p>About Amazon.comAmazon.com (NASDAQ: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p><p>Safe HarborThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon.com Joins Forces With Wusthof; Leading Maker of Gourmet Cutlery and Knives Highlights Its Products in Dedicated Wusthof Store Within Amazon Kitchen & Housewares
/news/news-details/2001/Amazon.com-Joins-Forces-With-Wusthof-Leading-Maker-of-Gourmet-Cutlery-and-Knives-Highlights-Its-Products-in-Dedicated-Wusthof-Store-Within-Amazon-Kitchen--Housewares/default.aspx
Amazon.com-Joins-Forces-With-Wusthof-Leading-Maker-of-Gourmet-Cutlery-and-Knives-Highlights-Its-Products-in-Dedicated-Wusthof-Store-Within-Amazon-Kitchen--Housewares
4,263
07/31/2001 00:00:00
Amazon.com Joins Forces With Wusthof; Leading Maker of Gourmet Cutlery and Knives Highlights Its Products in Dedicated Wusthof Store Within Amazon Kitchen & Housewares
07/31/2001
2001
SEATTLE, Jul 31, 2001 -- Amazon.com, Inc. (Nasdaq:AMZN) today announced that, as an authorized online retailer for Wusthof, Inc., it has launched a brand-new Wusthof store within its Kitchen & Housewares store (http://www.amazon.com/kitchen). The Wusthof store, accessible at http://www.amazon.com/wusthof, is dedicated exclusively to helping customers conveniently find and discover premier knives from the Classic, Culinar and Grand Prix collections. The store will feature an assortment of specialty knife sets, sharpeners, cleavers, shears and cutlery for any purpose in the kitchen. Visitors to the Wusthof store will enjoy trademark Amazon.com features such as customer reviews, multiple product images, detailed product information, expert editorial reviews and easy-to-understand buying guides. "Our customers have told us that they count on Amazon.com to find and discover premier brands at great values," said Eric Broussard, vice president of Amazon's Home and Kids businesses. "With their superior craftsmanship, Wusthof's professional-quality knives are a great addition to an already impressive lineup of prestigious brands in the Amazon Kitchen & Housewares store." "We are thrilled to work with the leading online retailer of kitchen products to add another great way for our customers to easily find the Wusthof cutlery they enjoy," said Neil Crumley, vice president of sales for Wusthof. "With the company's fast delivery, in-depth online information and great customer service, Amazon.com is an ideal partner to help us continue to make Wusthof one of the best-selling products in the industry." About Amazon Kitchen & Housewares The Amazon Kitchen & Housewares store features a full range of culinary products and housewares from the world's most prestigious brands. Customers can expect to find everything from pots, pans and ice-cream makers to massagers, shavers and vacuums, from manufacturers like All-Clad, Calphalon, Henckels, Cuisinart, Braun, HoMedics and Hoover. To help customers choose from this growing selection, Amazon Kitchen & Housewares provides detailed buying guides and expert product reviews. These, combined with reviews and ratings from customers who have bought and used the products, make it easy for customers to choose the right products for their needs and lifestyles. For a limited time, customers can also enjoy free shipping on kitchen and housewares purchases of $99 or more. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.
<p>SEATTLE, Jul 31, 2001 -- Amazon.com, Inc. (Nasdaq:AMZN) today announced that, as an authorized online retailer for Wusthof, Inc., it has launched a brand-new Wusthof store within its Kitchen &amp; Housewares store (http://www.amazon.com/kitchen).</p><p>The Wusthof store, accessible at http://www.amazon.com/wusthof, is dedicated exclusively to helping customers conveniently find and discover premier knives from the Classic, Culinar and Grand Prix collections. The store will feature an assortment of specialty knife sets, sharpeners, cleavers, shears and cutlery for any purpose in the kitchen.</p><p>Visitors to the Wusthof store will enjoy trademark Amazon.com features such as customer reviews, multiple product images, detailed product information, expert editorial reviews and easy-to-understand buying guides.</p><p>"Our customers have told us that they count on Amazon.com to find and discover premier brands at great values," said Eric Broussard, vice president of Amazon's Home and Kids businesses. "With their superior craftsmanship, Wusthof's professional-quality knives are a great addition to an already impressive lineup of prestigious brands in the Amazon Kitchen &amp; Housewares store."</p><p>"We are thrilled to work with the leading online retailer of kitchen products to add another great way for our customers to easily find the Wusthof cutlery they enjoy," said Neil Crumley, vice president of sales for Wusthof. "With the company's fast delivery, in-depth online information and great customer service, Amazon.com is an ideal partner to help us continue to make Wusthof one of the best-selling products in the industry."</p><pre> About Amazon Kitchen &amp; Housewares</pre><p>The Amazon Kitchen &amp; Housewares store features a full range of culinary products and housewares from the world's most prestigious brands. Customers can expect to find everything from pots, pans and ice-cream makers to massagers, shavers and vacuums, from manufacturers like All-Clad, Calphalon, Henckels, Cuisinart, Braun, HoMedics and Hoover. To help customers choose from this growing selection, Amazon Kitchen &amp; Housewares provides detailed buying guides and expert product reviews. These, combined with reviews and ratings from customers who have bought and used the products, make it easy for customers to choose the right products for their needs and lifestyles. For a limited time, customers can also enjoy free shipping on kitchen and housewares purchases of $99 or more.</p><pre> About Amazon.com</pre><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p>
Toysrus.com and Amazon.com Launch Imaginarium.com
/news/news-details/2001/Toysrus.com-and-Amazon.com-Launch-Imaginarium.com/default.aspx
Toysrus.com-and-Amazon.com-Launch-Imaginarium.com
4,264
07/30/2001 00:00:00
Toysrus.com and Amazon.com Launch Imaginarium.com
07/30/2001
2001
New Specialty Learning Toy Store Designed to Help Shoppers Find the Perfect Gift with Its Unique LEARNING VALUES(TM) System and Superior Online Shopping Experience. Merchandise Backed by Imaginarium.com TOYOLOGIST(R) Experts, Amazon.com Product Reviews, Teacher and Parent Opinions and More FORT LEE, N.J--July 30, 2001--Toys "R" Us, Inc. (NYSE:TOY); Amazon.com (Nasdaq:AMZN) Imaginarium.com, LLC (www.imaginarium.com), an affiliate of Toys "R" Us, Inc. (NYSE:TOY) and the Internet companion to the popular specialty learning toy retailer IMAGINARIUM(TM), and Amazon.com (www.amazon.com) (Nasdaq:AMZN) today announced that the two companies are launching Imaginarium.com, a co-branded specialty and learning toy store at Amazon.com. The new co-branded store fills a void in the specialty toy category online and follows on the heels of Toysrus.com, the No. 1 online toy and video game seller online, and Babiesrus.com, the No. 1 online baby and juvenile retailer, two other stores jointly operated under the alliance formed last year between Amazon.com and Toysrus.com. Unique LEARNING VALUES(TM) System Helps Pinpoint the Perfect Toy A key element of Imaginarium.com is its unique LEARNING VALUES System that originated in Imaginarium stores, which allows parents and gift givers to search for toys according to seven specific skills that will be engaged as a child plays. One or more of the colorful symbols in the LEARNING VALUES System identifies each Imaginarium.com toy selection in categories ranging from Mathematical, Musical, Linguistic and Visual to Motor Skills, Cooperative Play or Independent Play. The site's Toy Finder feature allows shoppers to combine the LEARNING VALUES System search with tools that search the store by age, category or brand to help them pinpoint toys that fit an individual child's tastes or needs. Imaginarium.com features one of the Internet's best specialty selections of learning toys as well as shopping tools to help parents and gift givers solve toy-buying dilemmas -- from selecting an important birthday gift to finding fun toys that will help a particular child learn and develop. The store offers easy access to a select offering of high quality and often hard-to-find toys from brands such as Learning Curve, BRIO, Neurosmith, LeapFrog, Baby Einstein, Madame Alexander and more. The co-branded Imaginarium.com store will operate under the terms of the 10-year Strategic Alliance Agreement announced in August 2000 by Toysrus.com, the group that manages Imaginarium.com, and Amazon.com. Under the Agreement, Imaginarium.com assumes the merchandising, planning, buying and inventory management of the store's learning and discovery toy products; Amazon.com manages all aspects of the online shopping experience, including Web site development, order fulfillment and customer service, and will house Imaginarium.com inventory in its U.S. distribution centers. "Imaginarium.com is designed to help parents find learning toys that are actually fun, and suited to their child's personality and interests," said John Barbour, CEO of Toysrus.com. "With Amazon.com, we built Imaginarium.com to help shoppers find the perfect toy or a special birthday gift. The store will also be a convenient step for parents who already shop our Babiesrus.com store just as their children reach toddler age." "The addition of Imaginarium.com is a great complement to our already strong Amazon.com Kids platform of Toysrus.com, Babiesrus.com and our current books, music and video offerings," said Jorrit Van der Meulen, general manager of Amazon.com Kids. "We think Imaginarium.com's specialty toy selection and shopping tools will resonate really well with Amazon.com's 35 million customers, plus it will have all of the features, information and service they've come to expect from the Amazon.com shopping experience." Toy Tips from the Experts Each Imaginarium.com item is backed by the expertise of an Imaginarium.com TOYOLOGIST Expert on its team of discovery and learning toy specialists, and is complemented by product reviews from educators, parents and experts assembled by Amazon.com editors, as well as reviews from other customers. Interested shoppers can subscribe to a monthly newsletter, Learning Toys Delivers, which will feature content and product selections specific to the Imaginarium.com store, plus information about local IMAGINARIUM store promotions and events. The store's in-depth Resource Center will also include articles, recommendations, ideas and parenting tips. About Imaginarium IMAGINARIUM is the premier specialty toy store chain where shoppers can find a GALAXY OF TOYS(R). IMAGINARIUM(R) has 42 freestanding stores across the United States. Acquired in July 1999 by Toys "R" Us, Inc., IMAGINARIUM is expanding nationally to more than 200 locations in the next few years. IMAGINARIUM is also in the process of launching its new "store within a store" concept in the more than 700 TOYS "R" US stores nationwide. About Toysrus.com Toysrus.com, an affiliate of Toys "R" Us, Inc. founded in May 1999 and based in Fort Lee, N.J., is the world's leading online authority for kids, family and fun. The company operates three co-branded online stores on the Amazon.com platform, including Toysrus.com, the No. 1 online store for toys and video games on the Web, Babiesrus.com, the No. 1 bestselling baby and juvenile retailer online, and Imaginarium.com, a specialty and learning toy online retailer. Toysrus.com teamed with Amazon.com was the No. 1 most visited online retailer during the holiday 2000 season (Nielson/NetRatings) and generated $180 million in sales during fiscal year 2000. Toysrus.com also owns a controlling interest in Toysrus.co.jp, the leading online toy retailer in Japan. Toysrus.com investors, in addition to its parent company, Toys "R" Us, Inc., include SOFTBANK Venture Capital. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. As such, they involve risks and uncertainties that could cause actual results to differ materially from those set forth in such forward-looking statements. Toys "R" Us, Inc.'s forward-looking statements are based on assumptions about, or include statements concerning, many important factors, including, without limitation, consumer confidence, changes in discretionary consumer spending and consumer preferences, particularly as they relate to Toys "R" Us, Inc.'s particular merchandise mix and retail locations; Toys "R" Us, Inc.'s ability to effectively implement its merchandising, inventory control, marketing, store remodeling, electronic commerce and other strategies; increasing competition from other retailers; unseasonable weather; fluctuating sales margins; product availability; capital spending levels; and other risks detailed in Toys "R" Us, Inc.'s Securities and Exchange Commission filings. Toys "R" Us, Inc. undertakes no obligation to release publicly the results of any revisions to these forward-looking statements to reflect events or circumstances after the date such statements were made. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware and outdoor living products. Through Amazon.com Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 250,000 movies and entertainment titles and one million cast and crew members dating from the birth of film in 1891 to 2003. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>New Specialty Learning Toy Store Designed to Help Shoppers Find the Perfect Gift with Its Unique LEARNING VALUES(TM) System and Superior Online Shopping Experience. Merchandise Backed by Imaginarium.com TOYOLOGIST(R) Experts, Amazon.com Product Reviews, Teacher and Parent Opinions and More</p><p>FORT LEE, N.J--July 30, 2001--Toys "R" Us, Inc. (NYSE:TOY); Amazon.com (Nasdaq:AMZN) Imaginarium.com, LLC (www.imaginarium.com), an affiliate of Toys "R" Us, Inc. (NYSE:TOY) and the Internet companion to the popular specialty learning toy retailer IMAGINARIUM(TM), and Amazon.com (www.amazon.com) (Nasdaq:AMZN) today announced that the two companies are launching Imaginarium.com, a co-branded specialty and learning toy store at Amazon.com. The new co-branded store fills a void in the specialty toy category online and follows on the heels of Toysrus.com, the No. 1 online toy and video game seller online, and Babiesrus.com, the No. 1 online baby and juvenile retailer, two other stores jointly operated under the alliance formed last year between Amazon.com and Toysrus.com.</p><p>Unique LEARNING VALUES(TM) System Helps Pinpoint the Perfect Toy</p><p>A key element of Imaginarium.com is its unique LEARNING VALUES System that originated in Imaginarium stores, which allows parents and gift givers to search for toys according to seven specific skills that will be engaged as a child plays. One or more of the colorful symbols in the LEARNING VALUES System identifies each Imaginarium.com toy selection in categories ranging from Mathematical, Musical, Linguistic and Visual to Motor Skills, Cooperative Play or Independent Play. The site's Toy Finder feature allows shoppers to combine the LEARNING VALUES System search with tools that search the store by age, category or brand to help them pinpoint toys that fit an individual child's tastes or needs.</p><p>Imaginarium.com features one of the Internet's best specialty selections of learning toys as well as shopping tools to help parents and gift givers solve toy-buying dilemmas -- from selecting an important birthday gift to finding fun toys that will help a particular child learn and develop. The store offers easy access to a select offering of high quality and often hard-to-find toys from brands such as Learning Curve, BRIO, Neurosmith, LeapFrog, Baby Einstein, Madame Alexander and more.</p><p>The co-branded Imaginarium.com store will operate under the terms of the 10-year Strategic Alliance Agreement announced in August 2000 by Toysrus.com, the group that manages Imaginarium.com, and Amazon.com. Under the Agreement, Imaginarium.com assumes the merchandising, planning, buying and inventory management of the store's learning and discovery toy products; Amazon.com manages all aspects of the online shopping experience, including Web site development, order fulfillment and customer service, and will house Imaginarium.com inventory in its U.S. distribution centers.</p><p>"Imaginarium.com is designed to help parents find learning toys that are actually fun, and suited to their child's personality and interests," said John Barbour, CEO of Toysrus.com. "With Amazon.com, we built Imaginarium.com to help shoppers find the perfect toy or a special birthday gift. The store will also be a convenient step for parents who already shop our Babiesrus.com store just as their children reach toddler age."</p><p>"The addition of Imaginarium.com is a great complement to our already strong Amazon.com Kids platform of Toysrus.com, Babiesrus.com and our current books, music and video offerings," said Jorrit Van der Meulen, general manager of Amazon.com Kids. "We think Imaginarium.com's specialty toy selection and shopping tools will resonate really well with Amazon.com's 35 million customers, plus it will have all of the features, information and service they've come to expect from the Amazon.com shopping experience."</p><p>Toy Tips from the Experts</p><p>Each Imaginarium.com item is backed by the expertise of an Imaginarium.com TOYOLOGIST Expert on its team of discovery and learning toy specialists, and is complemented by product reviews from educators, parents and experts assembled by Amazon.com editors, as well as reviews from other customers. Interested shoppers can subscribe to a monthly newsletter, Learning Toys Delivers, which will feature content and product selections specific to the Imaginarium.com store, plus information about local IMAGINARIUM store promotions and events. The store's in-depth Resource Center will also include articles, recommendations, ideas and parenting tips.</p><p>About Imaginarium</p><p>IMAGINARIUM is the premier specialty toy store chain where shoppers can find a GALAXY OF TOYS(R). IMAGINARIUM(R) has 42 freestanding stores across the United States. Acquired in July 1999 by Toys "R" Us, Inc., IMAGINARIUM is expanding nationally to more than 200 locations in the next few years. IMAGINARIUM is also in the process of launching its new "store within a store" concept in the more than 700 TOYS "R" US stores nationwide.</p><p>About Toysrus.com</p><p>Toysrus.com, an affiliate of Toys "R" Us, Inc. founded in May 1999 and based in Fort Lee, N.J., is the world's leading online authority for kids, family and fun. The company operates three co-branded online stores on the Amazon.com platform, including Toysrus.com, the No. 1 online store for toys and video games on the Web, Babiesrus.com, the No. 1 bestselling baby and juvenile retailer online, and Imaginarium.com, a specialty and learning toy online retailer. Toysrus.com teamed with Amazon.com was the No. 1 most visited online retailer during the holiday 2000 season (Nielson/NetRatings) and generated $180 million in sales during fiscal year 2000. Toysrus.com also owns a controlling interest in Toysrus.co.jp, the leading online toy retailer in Japan. Toysrus.com investors, in addition to its parent company, Toys "R" Us, Inc., include SOFTBANK Venture Capital.</p><p>This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. As such, they involve risks and uncertainties that could cause actual results to differ materially from those set forth in such forward-looking statements. Toys "R" Us, Inc.'s forward-looking statements are based on assumptions about, or include statements concerning, many important factors, including, without limitation, consumer confidence, changes in discretionary consumer spending and consumer preferences, particularly as they relate to Toys "R" Us, Inc.'s particular merchandise mix and retail locations; Toys "R" Us, Inc.'s ability to effectively implement its merchandising, inventory control, marketing, store remodeling, electronic commerce and other strategies; increasing competition from other retailers; unseasonable weather; fluctuating sales margins; product availability; capital spending levels; and other risks detailed in Toys "R" Us, Inc.'s Securities and Exchange Commission filings. Toys "R" Us, Inc. undertakes no obligation to release publicly the results of any revisions to these forward-looking statements to reflect events or circumstances after the date such statements were made.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware and outdoor living products. Through Amazon.com Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 250,000 movies and entertainment titles and one million cast and crew members dating from the birth of film in 1891 to 2003.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon's E-Commerce Platform to Power Web Site of Leading British Bookseller
/news/news-details/2001/Amazons-E-Commerce-Platform-to-Power-Web-Site-of-Leading-British-Bookseller/default.aspx
Amazons-E-Commerce-Platform-to-Power-Web-Site-of-Leading-British-Bookseller
4,265
07/25/2001 00:00:00
Amazon's E-Commerce Platform to Power Web Site of Leading British Bookseller
07/25/2001
2001
Strategic Alliance Brings Together the U.K.'s No. 1 Specialist Bookseller with the U.K.'s Leading Online Retailer SEATTLE--July 25, 2001--Amazon.co.uk, the U.K. site of international online retailer Amazon.com, and Waterstone's, the U.K.'s leading specialist bookseller, have formed a strategic alliance. Under the agreement announced today, Waterstone's online bookselling site www.waterstones.co.uk will be relaunched, powered by Amazon's e-commerce platform. No financial terms of this alliance were disclosed. A Waterstone's team will provide the distinctive editorial content for the new www.waterstones.co.uk site, which has already established a loyal following. Amazon.co.uk, the U.K.'s third largest book retailer of any type and No. 1 online retailer, will be the seller of record, providing inventory, fulfillment, other content and customer service for the site. The new site will be launched in autumn 2001 and will continue to feature store locations, promotions and events information. The site will further be promoted in Waterstone's physical stores. "This partnership enables Waterstone's to offer our customers the best of both worlds -- outstanding book knowledge and content from the U.K.'s No. 1 bookseller, combined with Amazon.co.uk's expertise in online operations, quality of fulfillment and after-sales support. We are delighted to be working with them," said Peter Mitchell, business development director for Waterstone's. "This is good news for Waterstone's and its customers." "Amazon.co.uk is committed to providing customers with the best possible shopping experience, and we are delighted to power and manage the new www.waterstones.co.uk," said Steve Frazier, managing director of Amazon.co.uk. "We believe Waterstone's is a best-of-breed physical retailer and a company that shares our passion for serving book lovers in the U.K." Amazon.com has formed other recent alliances with leading physical and online companies, including Toys R Us, Borders and AOL, utilizing tailored elements of Amazon's powerful and innovative e-commerce technology platform. About Amazon.co.uk/Amazon.com Amazon.co.uk today offers more than 2.5 million books, CDs, DVDs, videos, software titles, PC and video games and electronics, hosts online auctions and provides a complete online storefront for individual merchants through its zShops. Amazon.co.uk customers enjoy the benefits of industry-leading online shopping technology such as secure credit card payment, personalized recommendations, streamlined 1-Click ordering and hassle-free Bid-Click auction bidding. Through Amazon Anywhere, Amazon.co.uk also is available on mobile phones with WAP technology -- see www.amazon.co.uk/anywhere for details. Amazon.co.uk is the trading name for Amazon.com International Sales, Inc., and Amazon.com International Auctions, Inc., which are both wholly owned subsidiaries of Amazon.com, Inc. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film in 1891 to 2003. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q. About Waterstone's Waterstone's first opened in 1982 and is now the UK's leading specialist bookseller. Together with HMV music stores, Waterstone's is part of the HMV Media Group, formed in 1998. Waterstone's currently has physical retail outlets in the UK, Republic of Ireland and Europe. Customers can choose from an unparalleled range of books, and Waterstone's expert booksellers can provide recommendations and advice on every subject. Waterstone's flagship store in London's Piccadilly area is the biggest bookshop in Europe and opened in 1999. Waterstone's in Gower Street, London, is Europe's biggest academic bookshop.
<p>Strategic Alliance Brings Together the U.K.'s No. 1 Specialist Bookseller with the U.K.'s Leading Online Retailer</p><p>SEATTLE--July 25, 2001--Amazon.co.uk, the U.K. site of international online retailer Amazon.com, and Waterstone's, the U.K.'s leading specialist bookseller, have formed a strategic alliance.</p><p>Under the agreement announced today, Waterstone's online bookselling site www.waterstones.co.uk will be relaunched, powered by Amazon's e-commerce platform. No financial terms of this alliance were disclosed.</p><p>A Waterstone's team will provide the distinctive editorial content for the new www.waterstones.co.uk site, which has already established a loyal following. Amazon.co.uk, the U.K.'s third largest book retailer of any type and No. 1 online retailer, will be the seller of record, providing inventory, fulfillment, other content and customer service for the site.</p><p>The new site will be launched in autumn 2001 and will continue to feature store locations, promotions and events information. The site will further be promoted in Waterstone's physical stores.</p><p>"This partnership enables Waterstone's to offer our customers the best of both worlds -- outstanding book knowledge and content from the U.K.'s No. 1 bookseller, combined with Amazon.co.uk's expertise in online operations, quality of fulfillment and after-sales support. We are delighted to be working with them," said Peter Mitchell, business development director for Waterstone's. "This is good news for Waterstone's and its customers."</p><p>"Amazon.co.uk is committed to providing customers with the best possible shopping experience, and we are delighted to power and manage the new www.waterstones.co.uk," said Steve Frazier, managing director of Amazon.co.uk. "We believe Waterstone's is a best-of-breed physical retailer and a company that shares our passion for serving book lovers in the U.K."</p><p>Amazon.com has formed other recent alliances with leading physical and online companies, including Toys R Us, Borders and AOL, utilizing tailored elements of Amazon's powerful and innovative e-commerce technology platform. About Amazon.co.uk/Amazon.com</p><p>Amazon.co.uk today offers more than 2.5 million books, CDs, DVDs, videos, software titles, PC and video games and electronics, hosts online auctions and provides a complete online storefront for individual merchants through its zShops. Amazon.co.uk customers enjoy the benefits of industry-leading online shopping technology such as secure credit card payment, personalized recommendations, streamlined 1-Click ordering and hassle-free Bid-Click auction bidding. Through Amazon Anywhere, Amazon.co.uk also is available on mobile phones with WAP technology -- see www.amazon.co.uk/anywhere for details.</p><p>Amazon.co.uk is the trading name for Amazon.com International Sales, Inc., and Amazon.com International Auctions, Inc., which are both wholly owned subsidiaries of Amazon.com, Inc.</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film in 1891 to 2003.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q. About Waterstone's</p><p>Waterstone's first opened in 1982 and is now the UK's leading specialist bookseller. Together with HMV music stores, Waterstone's is part of the HMV Media Group, formed in 1998. Waterstone's currently has physical retail outlets in the UK, Republic of Ireland and Europe. Customers can choose from an unparalleled range of books, and Waterstone's expert booksellers can provide recommendations and advice on every subject. Waterstone's flagship store in London's Piccadilly area is the biggest bookshop in Europe and opened in 1999. Waterstone's in Gower Street, London, is Europe's biggest academic bookshop.</p>
Belfast-based Global Email Company Limited - gem - to Provide Customer Service Support for Amazon.com's Worldwide Customer Base
/news/news-details/2001/Belfast-based-Global-Email-Company-Limited---gem---to-Provide-Customer-Service-Support-for-Amazon.coms-Worldwide-Customer-Base/default.aspx
Belfast-based-Global-Email-Company-Limited---gem---to-Provide-Customer-Service-Support-for-Amazon.coms-Worldwide-Customer-Base
4,266
07/24/2001 00:00:00
Belfast-based Global Email Company Limited - gem - to Provide Customer Service Support for Amazon.com's Worldwide Customer Base
07/24/2001
2001
SEATTLE, Jul 24, 2001 -- Northern Irish specialist customer service provider global e-mail company limited (www.the-gem.com) has announced an alliance with online retailer Amazon.com (www.amazon.com)(Nasdaq:AMZN) to enhance its worldwide customer service network. The three-year contract begins in September 2001. The agreement, which is subject to gem shareholder approval, also provides that Amazon will take an equity position in gem. "With five international Web sites and customers in more than 200 countries, Amazon.com must maintain a year-round, 24-hour, 7-days-a-week customer service network," said Diego Piacentini, senior vice president of international for Amazon.com. "Working with a co-sourcer of gem's expertise and professionalism allows us to seamlessly handle incredible volume surges, especially around the holidays, and provides strong multilingual capabilities year-round." gem will complement Amazon's existing customer service network, which includes seven customer service centers, incorporating both internal and co-sourced facilities. "gem and Amazon.com share a passion for serving the customer, and we are thrilled that we are able to help Amazon.com continue its mission of being the most customer-centric company in the world," said Owen Lamont, gem chairman and chief executive officer. "Amazon.com's selection proves that gem and Northern Ireland are succeeding at providing best-of-class customer service support for the Internet and high-technology industries." About gem gem is a privately held company established in Belfast in December 1999 that provides a range of customer service and marketing solutions, specializing in e-mail response management, to clients in the U.S. and Europe. gem aims to offer best-in-class outsourced customer service solutions that combine state-of-the-art communications technology with the personal touch. gem has access to a dynamic, vibrant work force in Northern Ireland. A high percentage of Northern Ireland graduates are multilingual, and its location gives gem the benefit of cultural similarities with both U.S. and European companies and their customers. The company currently employs native speakers of French, Italian, German, Spanish, Swedish and Dutch. gem currently handles the customer service needs of tens of millions of Internet users worldwide on behalf of existing Blue-chip clients, and 1.5 percent of its current inbound volume consists of thank-you e-mails from satisfied customers. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and house wares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film in 1891 to 2003. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>SEATTLE, Jul 24, 2001 -- Northern Irish specialist customer service provider global e-mail company limited (www.the-gem.com) has announced an alliance with online retailer Amazon.com (www.amazon.com)(Nasdaq:AMZN) to enhance its worldwide customer service network.</p><p>The three-year contract begins in September 2001. The agreement, which is subject to gem shareholder approval, also provides that Amazon will take an equity position in gem.</p><p>"With five international Web sites and customers in more than 200 countries, Amazon.com must maintain a year-round, 24-hour, 7-days-a-week customer service network," said Diego Piacentini, senior vice president of international for Amazon.com. "Working with a co-sourcer of gem's expertise and professionalism allows us to seamlessly handle incredible volume surges, especially around the holidays, and provides strong multilingual capabilities year-round."</p><p>gem will complement Amazon's existing customer service network, which includes seven customer service centers, incorporating both internal and co-sourced facilities.</p><p>"gem and Amazon.com share a passion for serving the customer, and we are thrilled that we are able to help Amazon.com continue its mission of being the most customer-centric company in the world," said Owen Lamont, gem chairman and chief executive officer. "Amazon.com's selection proves that gem and Northern Ireland are succeeding at providing best-of-class customer service support for the Internet and high-technology industries."</p><pre>About gem</pre><p>gem is a privately held company established in Belfast in December 1999 that provides a range of customer service and marketing solutions, specializing in e-mail response management, to clients in the U.S. and Europe. gem aims to offer best-in-class outsourced customer service solutions that combine state-of-the-art communications technology with the personal touch.</p><p>gem has access to a dynamic, vibrant work force in Northern Ireland. A high percentage of Northern Ireland graduates are multilingual, and its location gives gem the benefit of cultural similarities with both U.S. and European companies and their customers. The company currently employs native speakers of French, Italian, German, Spanish, Swedish and Dutch.</p><p>gem currently handles the customer service needs of tens of millions of Internet users worldwide on behalf of existing Blue-chip clients, and 1.5 percent of its current inbound volume consists of thank-you e-mails from satisfied customers.</p><pre>About Amazon.com</pre><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and house wares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's more than 35 million customers (cumulative accounts), and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film in 1891 to 2003.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon.com Releases 2001 Second Quarter Results
/news/news-details/2001/Amazon.com-Releases-2001-Second-Quarter-Results/default.aspx
Amazon.com-Releases-2001-Second-Quarter-Results
4,267
07/23/2001 00:00:00
Amazon.com Releases 2001 Second Quarter Results
07/23/2001
2001
AMAZON.COM RELEASES 2001 SECOND QUARTER RESULTS Pro Forma Operating Loss Improves to $28 Million;Used Orders Approximately 10% of Total U.S. Orders;Expands Strategic Alliance with America Online SEATTLE - July 23, 2001 - Amazon.com, Inc. (Nasdaq: AMZN) today announced financial results for its second quarter ended June 30, 2001. Net sales were within the range of the company's guidance, increasing 16 percent to $668 million, compared with $578 million in the second quarter of 2000. Pro forma loss from operations improved by 69 percent to $28 million, or 4 percent of net sales, compared with $89 million, or 15 percent of net sales in the second quarter of 2000. Pro forma net loss, which includes net interest expense, improved by 50 percent to $58 million, or $0.16 per share, compared with $116 million, or $0.33 per share in the second quarter of 2000. Net loss (GAAP) for the quarter improved by 47 percent to $168 million, or $0.47 per share, from $317 million, or $0.91 per share. A detailed reconciliation of GAAP to pro forma is included with the attached financial statements. "We continue to make progress toward reaching pro forma operating profitability in the fourth quarter of 2001," said Warren Jenson, Amazon.com's chief financial officer. "This quarter, the U.S. was profitable on a pro forma operating basis for the first time, and this is our sixth sequential quarter of improved absolute pro forma operating results." "We thank our over 21 million customers who have purchased in the last year, more than 1 million of whom have purchased a used product from one of our more than 60,000 Amazon Marketplace sellers" said David Risher, Amazon.com's senior vice president of marketing and merchandising. "In fact, this quarter, roughly 10 percent of our U.S. orders were for a used product, and we're very pleased that so many of our customers have embraced this option." Today the company also announced an expanded strategic alliance with America Online, Inc., a subsidiary of AOL Time Warner (NYSE: AOL). Amazon.com's e-commerce platform will power America Online's Shop@ destinations. America Online, Inc., also invested $100 million in Amazon.com common stock, priced at the lower of $15.282 per share or the average closing price of Amazon.com common stock from July 24 to July 30, 2001. The common stock was sold pursuant to a registration statement that Amazon.com previously filed with the Securities and Exchange Commission. "We've worked hard to build the easiest-to-use, most customer-focused and technologically sophisticated e-commerce platform," said Jeff Bezos, founder and CEO of Amazon.com. "We are pleased that today's alliance with America Online will bring many of these same benefits to AOL's merchants and more than 30 million members." Highlights of Second Quarter Results (comparisons are with the second quarter of 2000) Net sales rose 16% to $668 million, from $578 million. Net sales from international sites rose 75% to $128 million, from $73 million. Worldwide, 2.6 million new customers ordered, including 900,000 new International customers. Gross profit increased 32% to $180 million, from $136 million. Fulfillment costs improved to 13% of net sales, from 15% of net sales. Pro forma loss from operations improved by 69% to $28 million, or 4% of net sales, compared with $89 million, or 15% of net sales. U.S. (U.S. Retail and Services segments combined) pro forma operating results improved to a $2 million profit, from a loss of $55 million. Pro forma net loss, which includes net interest and other expense of $30 million, improved by 50% to $58 million, or $0.16 per share, compared with $116 million, or $0.33 per share. Net loss (GAAP) narrowed to $168 million, or $0.47 per share, down from $317 million, or $0.91 per share, an improvement of 47%. Annualized inventory turns improved to 14, compared with 10. Cash and marketable securities were $609 million at June 30, 2001. Business Outlook The following forward-looking statements reflect Amazon.com's expectations as of July 23, 2001. Given the potential changes in general economic conditions and consumer spending, the emerging nature of online retail and the various other risk factors discussed below, actual results may differ materially. The company intends to continue its practice of not updating forward-looking statements other than in publicly available statements. Third Quarter 2001 Expectations Net sales are expected to be between $625 million and $675 million. Gross margin is expected to be between 24 and 27 percent of net sales. Absolute pro forma operating losses are expected to be approximately flat with to very slightly down from the second quarter of 2001. Cash and marketable securities, including the $100 million investment from America Online, Inc., announced today, are expected to be over $600 million at September 30, 2001. Fourth Quarter 2001 Expectations Net sales are expected to increase between 10 percent and 20 percent over the fourth quarter of 2000. Pro forma operating profitability is expected for the quarter. Cash and marketable securities, including the $100 million investment from America Online, Inc., announced today, are expected to be approximately $900 million at December 31, 2001. These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, among others, the rate of growth of the Internet and online commerce, customer spending patterns, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, risks of inventory management, the degree to which the company enters into service relationships and other strategic transactions, fluctuations in the value of securities and non-cash payments Amazon.com receives in connection with such transactions, foreign currency exchange risks, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, system interruption, consumer trends, fulfillment center optimization, inventory, limited operating history, fraud and Amazon Payments, new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q. Pro Forma Results Pro forma information regarding Amazon.com's results from operations is provided as a complement to results provided in accordance with accounting principles generally accepted in the United States (GAAP). Pro forma operating loss excludes stock-based compensation costs, amortization of goodwill and other intangibles, and restructuring-related and other costs. Management measures the progress of the business using this pro forma information. Pro forma net loss excludes stock-based compensation costs, amortization of goodwill and other intangibles, restructuring-related and other costs, other gains, equity in losses of equity-method investees, and the cumulative effect of change in accounting principle. Conference Call A conference call to discuss second quarter 2001 financial results and 2001 business outlook will be Webcast live on Monday, July 23, 2001, at 5:00 p.m. EDT/2:00 p.m. PDT. This conference call will be available at www.amazon.com/ir through September 30, 2001, and will contain forward-looking statements and other material information. About Amazon.com Amazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film. AMAZON.COM, INC. Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended Six Months Ended June 30, June 30, 2001 2000 2001 2000 Net sales $00667,625 $00577,876 $01,367,981 $01,151,765 Cost of sales 487,905 441,812 1,005,664 887,567 Gross profit 179,720 136,064 362,317 264,198 Operating expenses: Fulfillment 85,583 87,597 183,831 187,060 Marketing 34,658 42,216 71,296 82,864 Technology and content 64,710 67,132 134,994 128,376 General and administrative 22,778 28,468 48,806 54,513 Stock-based compensation 2,351 8,166 5,267 21,818 Amortization of goodwill and other intangibles 50,830 80,413 101,661 163,368 Restructuring-related and other 58,650 2,449 172,910 4,468 Total operating expenses 319,560 316,441 718,765 642,467 Loss from operations (139,840) (180,377) (356,448) (378,269) Interest income 6,807 10,314 16,757 20,440 Interest expense (35,148) (33,397) (68,896) (61,018) Other expense, net (1,178) (3,272) (5,062) (8,046) Other gains, net 11,315 - 45,172 - Net interest expense and other (18,204) (26,355) (12,029) (48,624) Loss before equity in losses of equity-method investees (158,044) (206,732) (368,477) (426,893) Equity in losses of equity-method investees, net (10,315) (110,452) (23,490) (198,716) Net loss before change in accounting principle (168,359) (317,184) (391,967) (625,609) Cumulative effect of change in accounting principle - - (10,523) - Net loss $00(168,359) $00(317,184) $00(402,490) $00(625,609) Basic and diluted loss per share: Prior to cumulative effect of change in accounting principle $00000(0.47) $00000(0.91) $00000(1.09) $0000 (1.80) Cumulative effect of change in accounting principle - - (0.03) - $00000(0.47) $00000(0.91) $00000(1.12) $0000 (1.80) Shares used in computation of basic and diluted loss per share 359,752 349,886 358,595 346,680 Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements. AMAZON.COM, INC. Pro Forma Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended June 30, 2001 June 30, 2000 Pro Forma Pro Forma As Reported Adjustments Pro Forma As Reported Adjustments Pro Forma Net sales $0667,625 - $0667,625 $0577,876 - $0577,876 Cost of sales 487,905 - 487,905 441,812 - 441,812 Gross profit 179,720 - 179,720 136,064 - 136,064 Operating expenses: Fulfillment 85,583 - 85,583 87,597 - 87,597 Marketing 34,658 - 34,658 42,216 - 42,216 Technology and content 64,710 - 64,710 67,132 - 67,132 General and administrative 22,778 - 22,778 28,468 - 28,468 Stock-based compensation 2,351 (2,351) - 8,166 (8,166) - Amortization of goodwill and other intangibles 50,830 (50,830) - 80,413 (80,413) - Restructuring-related and other 58,650 (58,650) - 2,449 (2,449) - Total operating expenses 319,560 (111,831) 207,729 316,441 (91,028) 225,413 Loss from operations (139,840) 111,831 (28,009) (180,377) 91,028 (89,349) Interest income 6,807 - 6,807 10,314 - 10,314 Interest expense (35,148) - (35,148) (33,397) - (33,397) Other expense, net (1,178) - (1,178) (3,272) - (3,272) Other gains, net 11,315 (11,315) - - - - Net interest expense and other (18,204) (11,315) (29,519) (26,355) - (26,355) Loss before equity in losses of equity-method investees (158,044) 100,516 (57,528) (206,732) 91,028 (115,704) Equity in losses of equity-method investees, net (10,315) 10,315 - (110,452) 110,452 - Net loss $ (168,359) $0110,831 $0 (57,528) $ (317,184) $0201,480 $ (115,704) Cash provided by (used in) operating activities $        2,485 $        2,485 $   (54,029) $  (54,029) Basic and diluted loss per share $000 (0.47) $000(0.16) $000 (0.91) $00 ( 0.33) Shares used in computation of basic and diluted loss per share 359,752 359,752 349,886 349,886 Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements. AMAZON.COM, INC. Pro Forma Statements of Operations (in thousands, except per share data) (unaudited) Six Months Ended June 30, 2001 June 30, 2000 Pro Forma Pro Forma As Reported Adjustments Pro Forma As Reported Adjustments Pro Forma Net sales $1,367,981 - $1,367,981 $1,151,765 - $1,151,765 Cost of sales 1,005,664 - 1,005,664 887,567 - 887,567 Gross profit 362,317 - 362,317 264,198 - 264,198 Operating expenses: Fulfillment 183,831 - 183,831 187,060 - 187,060 Marketing 71,296 - 71,296 82,864 - 82,864 Technology and content 134,994 - 134,994 128,376 - 128,376 General and administrative 48,806 - 48,806 54,513 - 54,513 Stock-based compensation 5,267 (5,267) - 21,818 (21,818) - Amortization of goodwill and other intangibles 101,661 (101,661) - 163,368 (163,368) - Restructuring-related and other 172,910 (172,910) - 4,468 (4,468) - Total operating expenses 718,765 (279,838) 438,927 642,467 (189,654) 452,813 Loss from operations (356,448) 279,838 (76,610) (378,269) 189,654 (188,615) Interest income 16,757 - 16,757 20,440 - 20,440 Interest expense (68,896) - (68,896) (61,018) - (61,018) Other expense, net (5,062) - (5,062) (8,046) - (8,046) Other gains, net 45,172 (45,172) - - - - Net interest expense and other (12,029) (45,172) (57,201) (48,624) - (48,624) Loss before equity in losses of equity-method investees (368,477) 234,666 (133,811) (426,893) 189,654 (237,239) Equity in losses of equity-method investees, net (23,490) 23,490 - (198,716) 198,716 - Net loss before change in accounting principle (391,967) 258,156 (133,811) (625,609) 388,370 (237,239) Cumulative effect of change in accounting principle (10,523) 10,523 - - - - Net loss $ (402,490) $0268,679 $ (133,811) $ (625,609) $0388,370 $0(237,239) Cash provided by (used in) operating activities $ (404,499) $ (404,499) $ (374,407) $ (374,407) Basic and diluted loss per share: Prior to cumulative effect of change in accounting principle $000(1.09) $000(0.37) $000(1.80) $ 000(0.68) Cumulative effect of change in accounting principle (0.03) - - - $000(1.12) $000(0.37) $000(1.80) $000(0.68) Shares used in computation of basic and diluted loss per share 358,595 358,595 346,680 346,680 Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements. AMAZON.COM, INC. Segment Information (in thousands) (unaudited) Three Months Ended June 30, 2001 U.S. Retail Books, Electronics, Music andDVD/Video Tools and Kitchen Total Services International Consolidated Net sales $0389,723 $0110,957 $0500,680 $0038,599 $0128,346 $0667,625 Gross profit 110,844 13,159 124,003 26,352 29,365 179,720 Pro forma income (loss) from operations 38,967 (41,322) (2,355) 4,339 (29,993) (28,009) Other non-cash and restructuring-related operating expenses (111,831) Net interest expense and other (18,204) Equity in losses of equity-method investees, net (10,315) Net loss $(168,359) Segment highlights: Y / Y net sales growth 1% 21% 5% 41% 75% 16% Y / Y gross profit growth 28% 111% 33% (1%) 80% 32% Gross margin 28% 12% 25% 68% 23% 27% Pro forma operating margin 10% (37%) 0% 11% (23%) (4%) Three Months Ended June 30, 2000 U.S. Retail Books, Electronics, Music andDVD/Video Tools and Kitchen Total Services International Consolidated Net sales $0385,275 $0091,755 $0477,030 $0027,453 $0073,393 $0577,876 Gross profit 86,862 6,249 93,111 26,667 16,286 136,064 Pro forma income (loss) from operations 10,056 (69,077) (59,021) 4,175 (34,503) (89,349) Other non-cash and restructuring-related operating expenses (91,028) Net interest expense and other (26,355) Equity in losses of equity-method investees, net (110,452) Net loss $(317,184) Segment highlights: Y / Y net sales growth 38% N/A 70% N/A 134% 84% Y / Y gross profit growth 41% N/A 56% N/A 148% 101% Gross margin 23% 7% 20% 97% 22% 24% Pro forma operating margin 3% (75%) (12%) 15% (47%) (15%) Six Months Ended June 30, 2001 U.S. Retail Books, Electronics, Music andDVD/Video Tools and Kitchen Total Services International Consolidated Net sales $0799,309 $0227,464 $1,026,773 $0080,757 $0260,451 $1,367,981 Gross profit 219,963 30,379 250,342 54,560 57,415 362,317 Pro forma income (loss) from operations 66,592 (87,155) (20,563) 8,515 (64,562) (76,610) Other non-cash and restructuring-related operating expenses (279,838) Net interest expense and other (12,029) Equity in losses of equity-method investees, net (23,490) Cumulative effect of change in accounting principle (10,523) Net loss $(402,490) Segment highlights: Y / Y net sales growth 2% 37% 8% 61% 75% 19% Y / Y gross profit growth 30% 128% 37% 12% 78% 37% Gross margin 28% 13% 24% 68% 22% 26% Pro forma operating margin 8% (38%) (2%) 11% (25%) (6%) Six Months Ended June 30, 2000 U.S. Retail Books, Electronics, Music andDVD/Video Tools and Kitchen Total Services International Consolidated Net sales $0786,690 $0166,351 $0953,041 $0050,199 $0148,525 $1,151,765 Gross profit 169,717 13,308 183,025 48,851 32,322 264,198 Pro forma income (loss) from operations 7,631 (136,326) (128,695) 2,031 (61,951) (188,615) Other non-cash and restructuring-related operating expenses (189,654) Net interest expense and other (48,624) Equity in losses of equity-method investees, net (198,716) Net loss $(625,609) Segment highlights: Y / Y net sales growth 44% N/A 74% N/A 160% 89% Y / Y gross profit growth 40% N/A 53% N/A 176% 100% Gross margin 22% 8% 19% 97% 22% 23% Pro forma operating margin 1% (82%) (14%) 4% (42%) (16%) Supplemental geographical segment information is as follows (in thousands): Three Months Ended Three Months Ended June 30, 2001 June 30, 2000 Net Sales Pro Forma Income (Loss) from Operations Net Sales Pro Forma Income (Loss) from Operations U.S.     Books, Music and DVD/Video $0389,723 $0038,967 $0385,275 $0010,056     Electronics, Tools and Kitchen 110,957 (41,322) 91,755 (69,077) 00    U.S. Retail 500,680 (2,355) 477,030 (59,021)     Services 38,599 4,339 27,453 4,175 00    Total U.S. 539,279 1,984 504,483 (54,846) International 128,346 (29,993) 73,393 (34,503) Total Consolidated $0667,625 $0 (28,009) $0577,876 $0(89,349) Six Months Ended Six Months Ended June 30, 2001 June 30, 2000 Net Sales Pro Forma Income (Loss) from Operations Net Sales Pro Forma Income (Loss) from Operations U.S.     Books, Music and DVD/Video $0799,309 $0066,592 $0786,690 $0007,631     Electronics, Tools and Kitchen 227,464 (87,155) 166,351 (136,326) 00    U.S. Retail 1,026,773 (20,563) 953,041 (128,695)     Services 80,757 8,515 50,199 2,031 00    Total U.S. 1,107,530 (12,048) 1,003,240 (126,664) International 260,451 (64,562) 148,525 (61,951) Total Consolidated $1,367,981 $0(76,610) $1,151,765 $ (188,615) Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements. AMAZON.COM, INC. Balance Sheets (in thousands, except per share data) (unaudited) June 30, December 31, 2001 2000 ASSETS Current assets: Cash and cash equivalents $00462,949 $00822,435 Marketable securities 146,020 278,087 Inventories 129,035 174,563 Prepaid expenses and other current assets 71,353 86,044 Total current assets 809,357 1,361,129 Fixed assets, net 292,422 366,416 Goodwill, net 89,002 158,990 Other intangibles, net 63,893 96,335 Investments in equity-method investees 12,223 52,073 Other equity investments 24,729 40,177 Other assets 53,410 60,049 Total assets $01,345,036 $02,135,169 LIABILITIES AND STOCKHOLDERS' DEFICIT Current liabilities: Accounts payable $257,976 $485,383 Accrued expenses and other current liabilities 241,149 272,683 Unearned revenue 86,945 131,117 Interest payable 43,833 69,196 Current portion of long-term debt and other 18,337 16,577 Total current liabilities 648,240 974,956 Long-term debt and other 2,126,727 2,127,464 Commitments and contingencies Stockholders' deficit: Preferred stock, $0.01 par value:     Authorized shares -- 500,000     Issued and outstanding shares -- none - - Common stock, $0.01 par value:     Authorized shares -- 5,000,000     Issued and outstanding shares -- 362,191 and 357,140 shares at June 30, 2001 and December 31, 2000, respectively 3,622 3,571 Additional paid-in capital 1,356,216 1,338,303 Deferred stock-based compensation (10,132) (13,448) Accumulated other comprehensive loss (83,846) (2,376) Accumulated deficit (2,695,791) (2,293,301) Total stockholders' deficit (1,429,931) (967,251)     Total liabilities and stockholders' deficit $01,345,036 $02,135,169 Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements. AMAZON.COM, INC. Statements of Cash Flows (in thousands) (unaudited) Three Months Ended Six Months Ended June 30, June 30, 2001 2000 2001 2000 CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD $0446,944 $0755,133 $0822,435 $0133,309 OPERATING ACTIVITIES: Net loss (168,359) (317,184) (402,490) (625,609) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation of fixed assets and other amortization 20,794 20,682 43,867 38,862 Stock-based compensation 2,351 8,166 5,267 21,818 Equity in losses of equity-method investees, net 10,315 110,452 23,490 198,716 Amortization of goodwill and other intangibles 50,830 80,413 101,661 163,368 Non-cash restructuring-related and other costs 6,525 2,449 68,529 4,468 Amortization of previously unearned revenue (31,908) (20,203) (65,300) (38,688) Loss (gain) on sale of marketable securities 187 1,648 214 (952) Other gains, net (11,315) - (45,172) - Non-cash interest expense and other 6,713 6,208 13,285 12,089 Cumulative effect of change in accounting principle - - 10,523 - Changes in operating assets and liabilities: Inventories 25,277 (103) 45,100 48,286 Prepaid expenses and other current assets (12,203) 4,104 15,131 1,037 Accounts payable (1,632) 30,442 (231,390) (176,787) Accrued expenses and other current liabilities 52,271 (756) (5,491) (32,294) Unearned revenue 25,192 1,011 43,197 1,625 Interest payable 27,447 18,642 (24,920) 9,654 Net cash provided by (used in) operating activities 2,485 (54,029) (404,499) (374,407) INVESTING ACTIVITIES: Sales and maturities of marketable securities 66,971 68,949 161,337 449,294 Purchases of marketable securities (26,743) (21,930) (57,121) (50,786) Purchases of fixed assets, including internal-use software and web-site development (10,425) (28,878) (29,862) (55,479) Investments in equity-method investees and other investments - (8,595) - (56,082)     Net cash provided by investing activities 29,803 9,546 74,354 286,947 FINANCING ACTIVITIES: Proceeds from exercise of stock options 7,644 13,794 13,477 35,153 Proceeds from long-term debt and other - 1,625 10,000 680,999 Repayment of long-term debt and other (4,094) (5,197) (8,669) (9,220) Financing costs - (227) - (16,122)     Net cash provided by financing activities 3,550 9,995 14,808 690,810 Effect of exchange rate changes on cash and cash equivalents (19,833) (268) (44,149) (16,282) Net increase (decrease) in cash and cash equivalents 16,005 (34,756) (359,486) 587,068 CASH AND CASH EQUIVALENTS, END OF PERIOD $0462,949 $0720,377 $0462,949 $0720,377 SUPPLEMENTAL CASH FLOW INFORMATION: Fixed assets acquired under capital leases $0000 171 $0000 844 $0002,469 $0004,346 Fixed assets acquired under financing agreements - 293 - 4,844 Stock issued in connection with business acquisitions - 30,000 - 30,000 Equity securities received for commercial agreements - - 331 97,839 Cash paid for interest 1,198 7,996 87,422 43,831 Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements. AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (unaudited) (in millions, except per share data) 2000 Y / Y Q2 Q3 Q4 Q1 2001 Q2 2001  Growth % Results of Operations Net sales $578 $638 $972 $700 $668 16% Net sales -- trailing twelve months (TTM) $2,184 $2,466 $2,762 $2,888 $2,978 36% Net sales outside the U.S. (including .com export sales) -- % of net sales 23% 23% 21% 26% 28% N/A Gross profit $136 $167 $224 $183 $180 32% Gross margin -- % of net sales 23.5% 26.2% 23.1% 26.1% 26.9% N/A Fulfillment costs -- % of net sales 15.2% 15.1% 13.5% 14.0% 12.8% N/A Pro forma operating expenses $225 $236 $284 $231 $208 (8%) Pro forma operating loss $(89) $(68) $(60) $(49) $(28) (69%) Pro forma operating loss -- % of net sales (15.5%) (10.7%) (6.2%) (6.9%) (4.2%) N/A Pro forma net loss $(116) $(89) $(90) $(76) $(58) (50%) Pro forma net loss per share $(0.33) $(0.25) $(0.25) $(0.21) $(0.16) (52%) GAAP net loss $(317) $(241) $(545) $(234) $(168) (47%) GAAP net loss per share $(0.91) $(0.68) $(1.53) $(0.66) $(0.47) (48%) U.S. books, music and DVD/video (US BMVD) segment: US BMVD net sales $385 $400 $512 $410 $390 1% US BMVD gross profit $87 $109 $139 $109 $111 28% US BMVD pro forma operating income -- % of US BMVD net sales 3% 6% 8% 7% 10% N/A U.S. electronics, tools and kitchen (US ETK) segment: US ETK net sales $92 $98 $220 $117 $111 21% US ETK gross profit $6 $9 $22 $17 $13 117% US ETK pro forma operating loss -- % of US ETK net sales (75%) (62%) (33%) (39%) (37%) N/A Services segment: Services net sales $27 $53 $96 $42 $39 44% Services gross profit $27 $31 $37 $28 $26 (4%) Services pro forma operating income -- % of services net sales 15% 14% 18% 10% 11% N/A U.S. Retail and Services combined pro forma operating income (loss) -- % of U.S. Retail and Services net sales (11%) (5%) (2%) (2%) 0% N/A International segment: International net sales $73 $88 $145 $132 $128 75% International gross profit $16 $19 $26 $28 $29 81% International pro forma operating loss -- % of international net sales (47%) (45%) (30%) (26%) (23%) N/A AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (unaudited) (in millions, except cost per new customer account, net sales per active customer account, inventory turnover, accounts payable days, and employee data) 2000 Y / Y Q2 Q3 Q4 Q1 2001 Q2 2001  Growth % Customer Data New customer accounts 2.5 2.9 4.1 3.0 2.6 4% Cumulative customer accounts 22.5 25.4 29.5 32.5 35.1 56% Active customer accounts -- TTM 17.0 18.2 19.8 20.5 21.1 24% New customer accounts -- international 0.6 0.9 1.1 1.0 0.9 50% Cumulative customer accounts -- international 3.0 3.9 5.0 6.0 6.9 130% Active customer accounts -- international -- TTM 2.7 3.3 4.2 4.9 5.4 100% Cost per new customer account $17 $15 $13 $12 $14 (18%) Net sales (excluding catalog sales and inventory sales to         Toysrus.com) per active customer account -- TTM $125 $130 $134 $135 $136 9% U.S. customers purchasing from non-US BMVD stores 13% 14% 36% 19% 21% N/A Balance Sheet Cash and marketable securities $908 $900 $1,101 $643 $609 (33%) Inventory, net $172 $164 $175 $156 $129 (25%) Inventory -- % of net sales 30% 26% 18% 22% 19% N/A Inventory turnover -- annualized 10.3 11.2 17.7 12.6 13.7 33% Fixed assets, net $344 $352 $366 $304 $292 (15%) Accounts payable days -- ending 59 60 60 45 48 (19%) Cash Flows Cash generated by (used in) operations $(54) $(4) $248 $(407) $2 104% Cash used in operations -- TTM $(418) $(347) $(130) $(217) $(161) (61%) Purchases of fixed assets $(29) $(42) $(37) $(19) $(10) (66%) Other  Employees (full-time and part-time) 7,700 8,500 9,000 8,600 7,800 1% AMAZON.COM, INC.Financial and Operational HighlightsSecond Quarter Ended June 30, 2001(unaudited) Results of Operations (all comparisons are with the second quarter of 2000) Net Sales Orders from repeat customers represented 80% of total, up from 78%. Shipping revenue across all segments was approximately $76 million, up from $73 million. Cash-based portion of Services revenues was approximately 80%, up from 27%; non-cash Services revenues were approximately 20%, down from 73%. Gross Profit Gross margin, excluding the results of our Services segment, would have been 24%, up from 20%. Shipping gross loss was approximately $2 million, down from gross profit of $7 million. We will from time to time continue to offer shipping promotions to our customers and may continue to experience fluctuating shipping margins. Fulfillment Fulfillment costs represent those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to receiving, inspecting and warehousing inventories; picking, packaging and preparing customers' orders for shipment; credit card fees and bad debt costs; and responding to inquiries from customers. Fulfillment costs amounted to approximately 13% of net sales, down from 15% of net sales; excluding net sales from our Services segment, fulfillment costs would have been approximately 14%, down from 16%. Stock-Based Compensation During the first quarter of 2001, we offered a limited non-compulsory exchange of employee stock options. This option exchange offer results in variable accounting treatment for approximately 13 million stock options at June 30, 2001, which includes approximately 12 million options granted under the exchange offer with an exercise price of $13.375, and options that were subject to the exchange offer but were not exchanged. Variable accounting treatment will result in unpredictable charges or credits, recorded to "Stock-based compensation," dependent on fluctuations in quoted prices for our common stock. Stock-based compensation includes stock-based charges resulting from variable accounting treatment, option-related deferred compensation recorded at our initial public offering and certain other compensation and severance arrangements. Stock-based compensation also includes the portion of acquisition-related consideration conditioned on the continued tenure of key employees of certain of our acquired businesses. During the quarter, stock-based compensation related to variable accounting treatment was $4 million, and the termination of certain acquisition-related employees prior to vesting in stock-based compensation awards had the effect of reducing stock-based compensation to $2 million. Amortization of Goodwill and Other Intangibles The Financial Accounting Standards Board issued SFAS No. 142 "Goodwill and Other Intangible Assets" which requires use of a non-amortization approach to account for purchased goodwill and certain intangibles, effective January 1, 2002. We expect the adoption of this accounting standard will have the impact, commencing January 1, 2002, of reducing to zero our amortization of goodwill and significantly reducing our amortization of intangibles. Restructuring-Related and Other We continued the implementation of our operational restructuring plan to reduce our operating costs, streamline our organizational structure and consolidate certain of our fulfillment and customer service operations. As a result of this initiative, we recorded restructuring and other charges of approximately $114 million during the first quarter and $59 million during the second quarter of 2001. This initiative involved the reduction of employee staff by approximately 1,300 positions throughout the Company in managerial, professional, clerical, technical and fulfillment roles; consolidation of our Seattle corporate office locations; closure of our McDonough, Georgia, fulfillment center; seasonal operation of our Seattle fulfillment center; closure of our customer service centers in Seattle and The Hague, Netherlands; and migration of a large portion of our technology infrastructure to a Linux-based operating platform, which entails ongoing lease obligations for equipment no longer utilized. Each component of the restructuring plan has been substantially completed as of June 30, 2001. Costs that relate to ongoing operations are not part of restructuring and other charges. All inventory adjustments that may result from the closure or seasonal operation of our fulfillment centers are classified in "Cost of goods sold" on the consolidated statements of operations. There were no significant inventory write-downs resulting from the restructuring. For the quarter ended June 30, 2001, the charges associated with our restructuring were as follows (in thousands):      Asset impairments................................................. $7,225 Continuing lease obligations.................................... 49,713 Termination benefits.............................................. (327) Broker commissions, professional fees and other     miscellaneous restructuring costs....................... 2,039 $58,650 Continuing lease obligations primarily relate to technology infrastructure no longer being utilized. Where possible, we are actively seeking third parties to sublease abandoned equipment. Amounts expensed represent estimates of undiscounted future cash outflows, offset by anticipated third-party subleases. We anticipate the restructuring charges will result in the following net cash outflows: (in thousands) Leases TerminationBenefits Other Total Year Ending December 31, 2001.......................................... $35,678 $12,108 $4,630 $52,416 2002.......................................... 34,059 78 3,538 37,675 2003.......................................... 4,643 -  -  4,643 2004.......................................... 1,589 -  -  1,589 2005.......................................... 1,563 -  -  1,563 Thereafter................................. 6,473 -  -  6,473 Total estimated cash outflows $84,005 $12,186 $8,168 $104,359 First and second quarter 2001 cash payments resulting from the restructuring, whichare included in the above amounts, were $10 million and $11 million, respectively. Net Interest Expense and Other Other expense primarily relates to net realized gains and losses on sales of marketable securities, miscellaneous operating taxes and foreign currency transaction losses. Other Gains Other gains, net were $11 million for the three months ended June 30, 2001, consisting of the following (in thousands): Foreign currency gain on PEACS......................................................... $22,876 Foreign currency losses on conversion of Euro-denominated investments (6,216) Other than temporary impairment losses, equity investments. (4,858) Warrant remeasurements and other.................................................... (487) $11,315 As of June 30, 2001, our recorded basis in our investment in Webvan Group, Inc., was reduced to zero as Webvan Group, Inc. ceased operations and announced their intentions to file for bankruptcy. We do not expect to recover any portion of our investment in Webvan Group, Inc. Equity in Losses of Equity-Method Investees Equity in losses of equity-method investees represents our share of losses of companies in which we have investments that give us the ability to exercise significant influence, but not control, over an investee. Equity-method losses reduce our underlying investment balances until the recorded basis is reduced to zero. Loss Per Share The effect of stock options is antidilutive and, accordingly, is excluded from diluted loss per share. If the effect of stock options was included, the number of shares used in computation of diluted loss per share would have been approximately 376 million, compared with 360 million shares used in computation of basic and diluted loss per share for the three months ended June 30, 2001. Common stock subject to vested and unvested employee stock options was approximately 42 million shares, or 12% of our outstanding common stock as of June 30, 2001. Financial Condition Cash and Marketable Securities Cash and marketable securities are impacted by the effect of quarterly fluctuations in foreign currency exchange rates, particularly the Euro. Our marketable securities, at fair value, consist of the following, as of June 30, 2001 (in thousands): Corporate notes and bonds................................................... $ 14,898 Asset-backed and agency securities....................................... 34,346 Treasury notes and bonds..................................................... 83,950 Equity securities.................................................................. 12,826 $146,020 Certain Definitions and Other Our segment reporting includes four segments: U.S. Books, Music and DVD/Video; U.S. Electronics, Tools and Kitchen; International; and Services. Allocation methodologies are consistent with past presentations. The U.S. Books, Music and DVD/Video segment includes revenues, direct costs and cost allocations associated with retail sales from www.amazon.com for books, music and DVD/video products, and includes amounts earned on sales of similar products sold through Amazon Marketplace. The U.S. Electronics, Tools and Kitchen segment includes revenues, direct costs and cost allocations associated with www.amazon.com retail sales of Electronics (consumer electronics products, camera and photo items, software, computer and video games, and cell phones and related service), Tools (tools and hardware) and Kitchen (kitchen and housewares products and outdoor living items) products, toys and video games sold other than through our Toysrus.com strategic alliance, and new initiatives, and includes amounts earned on sales of similar products sold through Amazon Marketplace. U.S. Retail represents the combination of the U.S. Books, Music and DVD/Video segment and the U.S. Electronics, Tools and Kitchen segment. The Services segment includes revenues, direct costs and cost allocations associated with the Company's business-to-business strategic relationships, including our strategic alliance with Toysrus.com, and miscellaneous advertising revenues, as well as amounts from Amazon Auctions, zShops and Payments. Amounts earned from the Services segment are attributed to the U.S. U.S. represents the combination of U.S. Retail and the Services segment. The International segment includes all revenues, direct costs and cost allocations associated with the retail sales of the Company's four internationally focused sites: www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.co.uk. Trailing twelve-month sales per active customer account figures include all amounts earned through Internet sales, including revenue earned from our strategic relationships with selected companies, but exclude catalog sales and sales of inventory to Toysrus.com. All references to customers mean customer accounts. Customer accounts exclude the customers of selected companies with whom we have strategic relationships, and customer accounts of our catalog businesses, but include customer accounts shared with Toysrus.com and customers of Amazon Auctions, zShops and Marketplace services.
<table><tbody><tr><td><div>AMAZON.COM RELEASES 2001 SECOND QUARTER RESULTS<p>Pro Forma Operating Loss Improves to $28 Million;Used Orders Approximately 10% of Total U.S. Orders;Expands Strategic Alliance with America Online</p></div></td></tr><tr><td>SEATTLE - July 23, 2001 - Amazon.com, Inc. (Nasdaq: AMZN) today announced financial results for its second quarter ended June 30, 2001. Net sales were within the range of the company's guidance, increasing 16 percent to $668 million, compared with $578 million in the second quarter of 2000. Pro forma loss from operations improved by 69 percent to $28 million, or 4 percent of net sales, compared with $89 million, or 15 percent of net sales in the second quarter of 2000.<p>Pro forma net loss, which includes net interest expense, improved by 50 percent to $58 million, or $0.16 per share, compared with $116 million, or $0.33 per share in the second quarter of 2000. Net loss (GAAP) for the quarter improved by 47 percent to $168 million, or $0.47 per share, from $317 million, or $0.91 per share. A detailed reconciliation of GAAP to pro forma is included with the attached financial statements.</p><p>"We continue to make progress toward reaching pro forma operating profitability in the fourth quarter of 2001," said Warren Jenson, Amazon.com's chief financial officer. "This quarter, the U.S. was profitable on a pro forma operating basis for the first time, and this is our sixth sequential quarter of improved absolute pro forma operating results."</p><p>"We thank our over 21 million customers who have purchased in the last year, more than 1 million of whom have purchased a used product from one of our more than 60,000 Amazon Marketplace sellers" said David Risher, Amazon.com's senior vice president of marketing and merchandising. "In fact, this quarter, roughly 10 percent of our U.S. orders were for a used product, and we're very pleased that so many of our customers have embraced this option."</p><p>Today the company also announced an expanded strategic alliance with America Online, Inc., a subsidiary of AOL Time Warner (NYSE: AOL). Amazon.com's e-commerce platform will power America Online's Shop@ destinations. America Online, Inc., also invested $100 million in Amazon.com common stock, priced at the lower of $15.282 per share or the average closing price of Amazon.com common stock from July 24 to July 30, 2001. The common stock was sold pursuant to a registration statement that Amazon.com previously filed with the Securities and Exchange Commission.</p><p>"We've worked hard to build the easiest-to-use, most customer-focused and technologically sophisticated e-commerce platform," said Jeff Bezos, founder and CEO of Amazon.com. "We are pleased that today's alliance with America Online will bring many of these same benefits to AOL's merchants and more than 30 million members."</p><p>Highlights of Second Quarter Results (comparisons are with the second quarter of 2000)</p><ul><li>Net sales rose 16% to $668 million, from $578 million.</li><li>Net sales from international sites rose 75% to $128 million, from $73 million.</li><li>Worldwide, 2.6 million new customers ordered, including 900,000 new International customers.</li><li>Gross profit increased 32% to $180 million, from $136 million.</li><li>Fulfillment costs improved to 13% of net sales, from 15% of net sales.</li><li>Pro forma loss from operations improved by 69% to $28 million, or 4% of net sales, compared with $89 million, or 15% of net sales.</li><li>U.S. (U.S. Retail and Services segments combined) pro forma operating results improved to a $2 million profit, from a loss of $55 million.</li><li>Pro forma net loss, which includes net interest and other expense of $30 million, improved by 50% to $58 million, or $0.16 per share, compared with $116 million, or $0.33 per share.</li><li>Net loss (GAAP) narrowed to $168 million, or $0.47 per share, down from $317 million, or $0.91 per share, an improvement of 47%.</li><li>Annualized inventory turns improved to 14, compared with 10.</li><li>Cash and marketable securities were $609 million at June 30, 2001.</li></ul><p>Business Outlook</p><p>The following forward-looking statements reflect Amazon.com's expectations as of July 23, 2001. Given the potential changes in general economic conditions and consumer spending, the emerging nature of online retail and the various other risk factors discussed below, actual results may differ materially. The company intends to continue its practice of not updating forward-looking statements other than in publicly available statements.</p><p>Third Quarter 2001 Expectations</p><ul><li>Net sales are expected to be between $625 million and $675 million.</li><li>Gross margin is expected to be between 24 and 27 percent of net sales.</li><li>Absolute pro forma operating losses are expected to be approximately flat with to very slightly down from the second quarter of 2001.</li><li>Cash and marketable securities, including the $100 million investment from America Online, Inc., announced today, are expected to be over $600 million at September 30, 2001.</li></ul><p>Fourth Quarter 2001 Expectations</p><ul><li>Net sales are expected to increase between 10 percent and 20 percent over the fourth quarter of 2000.</li><li>Pro forma operating profitability is expected for the quarter.</li><li>Cash and marketable securities, including the $100 million investment from America Online, Inc., announced today, are expected to be approximately $900 million at December 31, 2001.</li></ul><p><em>These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, among others, the rate of growth of the Internet and online commerce, customer spending patterns, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, risks of inventory management, the degree to which the company enters into service relationships and other strategic transactions, fluctuations in the value of securities and non-cash payments Amazon.com receives in connection with such transactions, foreign currency exchange risks, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, system interruption, consumer trends, fulfillment center optimization, inventory, limited operating history, fraud and Amazon Payments, new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent filings, including Quarterly Reports on Form 10-Q.</em></p><p>Pro Forma Results</p><p>Pro forma information regarding Amazon.com's results from operations is provided as a complement to results provided in accordance with accounting principles generally accepted in the United States (GAAP). Pro forma operating loss excludes stock-based compensation costs, amortization of goodwill and other intangibles, and restructuring-related and other costs. Management measures the progress of the business using this pro forma information.</p><p>Pro forma net loss excludes stock-based compensation costs, amortization of goodwill and other intangibles, restructuring-related and other costs, other gains, equity in losses of equity-method investees, and the cumulative effect of change in accounting principle.</p><p>Conference Call</p><p>A conference call to discuss second quarter 2001 financial results and 2001 business outlook will be Webcast live on Monday, July 23, 2001, at 5:00 p.m. EDT/2:00 p.m. PDT. This conference call will be available at www.amazon.com/ir through September 30, 2001, and will contain forward-looking statements and other material information.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p></td></tr></tbody></table><table><tbody><tr><td><div>AMAZON.COM, INC.</div></td></tr><tr><td><div>Statements of Operations</div></td></tr><tr><td><div>(in thousands, except per share data)</div></td></tr><tr><td><div>(unaudited)</div></td></tr><tr><td><div>Three Months Ended</div></td><td><div>Six Months Ended</div></td></tr><tr><td><div>June 30,</div></td><td><div>June 30,</div></td></tr><tr><td><div>2001</div></td><td><div>2000</div></td><td><div>2001</div></td><td><div>2000</div></td></tr><tr><td>Net sales</td><td><div>$00667,625</div></td><td><div>$00577,876</div></td><td><div>$01,367,981</div></td><td><div>$01,151,765</div></td></tr><tr><td>Cost of sales</td><td><div>487,905</div></td><td><div>441,812</div></td><td><div>1,005,664</div></td><td><div>887,567</div></td></tr><tr><td>Gross profit</td><td><div>179,720</div></td><td><div>136,064</div></td><td><div>362,317</div></td><td><div>264,198</div></td></tr><tr><td>Operating expenses:</td></tr><tr><td>Fulfillment</td><td><div>85,583</div></td><td><div>87,597</div></td><td><div>183,831</div></td><td><div>187,060</div></td></tr><tr><td>Marketing</td><td><div>34,658</div></td><td><div>42,216</div></td><td><div>71,296</div></td><td><div>82,864</div></td></tr><tr><td>Technology and content</td><td><div>64,710</div></td><td><div>67,132</div></td><td><div>134,994</div></td><td><div>128,376</div></td></tr><tr><td>General and administrative</td><td><div>22,778</div></td><td><div>28,468</div></td><td><div>48,806</div></td><td><div>54,513</div></td></tr><tr><td>Stock-based compensation</td><td><div>2,351</div></td><td><div>8,166</div></td><td><div>5,267</div></td><td><div>21,818</div></td></tr><tr><td>Amortization of goodwill and other intangibles</td><td><div>50,830</div></td><td><div>80,413</div></td><td><div>101,661</div></td><td><div>163,368</div></td></tr><tr><td>Restructuring-related and other</td><td><div>58,650</div></td><td><div>2,449</div></td><td><div>172,910</div></td><td><div>4,468</div></td></tr><tr><td>Total operating expenses</td><td><div>319,560</div></td><td><div>316,441</div></td><td><div>718,765</div></td><td><div>642,467</div></td></tr><tr><td>Loss from operations</td><td><div>(139,840)</div></td><td><div>(180,377)</div></td><td><div>(356,448)</div></td><td><div>(378,269)</div></td></tr><tr><td>Interest income</td><td><div>6,807</div></td><td><div>10,314</div></td><td><div>16,757</div></td><td><div>20,440</div></td></tr><tr><td>Interest expense</td><td><div>(35,148)</div></td><td><div>(33,397)</div></td><td><div>(68,896)</div></td><td><div>(61,018)</div></td></tr><tr><td>Other expense, net</td><td><div>(1,178)</div></td><td><div>(3,272)</div></td><td><div>(5,062)</div></td><td><div>(8,046)</div></td></tr><tr><td>Other gains, net</td><td><div>11,315</div></td><td><div>-</div></td><td><div>45,172</div></td><td><div>-</div></td></tr><tr><td>Net interest expense and other</td><td><div>(18,204)</div></td><td><div>(26,355)</div></td><td><div>(12,029)</div></td><td><div>(48,624)</div></td></tr><tr><td>Loss before equity in losses of equity-method investees</td><td><div>(158,044)</div></td><td><div>(206,732)</div></td><td><div>(368,477)</div></td><td><div>(426,893)</div></td></tr><tr><td>Equity in losses of equity-method investees, net</td><td><div>(10,315)</div></td><td><div>(110,452)</div></td><td><div>(23,490)</div></td><td><div>(198,716)</div></td></tr><tr><td>Net loss before change in accounting principle</td><td><div>(168,359)</div></td><td><div>(317,184)</div></td><td><div>(391,967)</div></td><td><div>(625,609)</div></td></tr><tr><td>Cumulative effect of change in accounting principle</td><td><div>-</div></td><td><div>-</div></td><td><div>(10,523)</div></td><td><div>-</div></td></tr><tr><td>Net loss</td><td><div>$00(168,359)</div></td><td><div>$00(317,184)</div></td><td><div>$00(402,490)</div></td><td><div>$00(625,609)</div></td></tr><tr><td>Basic and diluted loss per share:</td></tr><tr><td>Prior to cumulative effect of change in accounting principle</td><td><div>$00000(0.47)</div></td><td><div>$00000(0.91)</div></td><td><div>$00000(1.09)</div></td><td><div>$0000 (1.80)</div></td></tr><tr><td>Cumulative effect of change in accounting principle</td><td><div>-</div></td><td><div>-</div></td><td><div>(0.03)</div></td><td><div>-</div></td></tr><tr><td><div>$00000(0.47)</div></td><td><div>$00000(0.91)</div></td><td><div>$00000(1.12)</div></td><td><div>$0000 (1.80)</div></td></tr><tr><td>Shares used in computation of basic</td></tr><tr><td>and diluted loss per share</td><td><div>359,752</div></td><td><div>349,886</div></td><td><div>358,595</div></td><td><div>346,680</div></td></tr><tr><td>Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements.</td></tr></tbody></table><table><tbody><tr><td><div>AMAZON.COM, INC.</div></td></tr><tr><td><div>Pro Forma Statements of Operations</div></td></tr><tr><td><div>(in thousands, except per share data)</div></td></tr><tr><td><div>(unaudited)</div></td></tr><tr><td><div>Three Months Ended</div></td></tr><tr><td><div>June 30, 2001</div></td><td><div>June 30, 2000</div></td></tr><tr><td><div>Pro Forma</div></td><td><div>Pro Forma</div></td></tr><tr><td><div>As Reported</div></td><td><div>Adjustments</div></td><td><div>Pro Forma</div></td><td><div>As Reported</div></td><td><div>Adjustments</div></td><td><div>Pro Forma</div></td></tr><tr><td>Net sales</td><td><div>$0667,625</div></td><td><div>-</div></td><td><div>$0667,625</div></td><td><div>$0577,876</div></td><td><div>-</div></td><td><div>$0577,876</div></td></tr><tr><td>Cost of sales</td><td><div>487,905</div></td><td><div>-</div></td><td><div>487,905</div></td><td><div>441,812</div></td><td><div>-</div></td><td><div>441,812</div></td></tr><tr><td>Gross profit</td><td><div>179,720</div></td><td><div>-</div></td><td><div>179,720</div></td><td><div>136,064</div></td><td><div>-</div></td><td><div>136,064</div></td></tr><tr><td>Operating expenses:</td></tr><tr><td>Fulfillment</td><td><div>85,583</div></td><td><div>-</div></td><td><div>85,583</div></td><td><div>87,597</div></td><td><div>-</div></td><td><div>87,597</div></td></tr><tr><td>Marketing</td><td><div>34,658</div></td><td><div>-</div></td><td><div>34,658</div></td><td><div>42,216</div></td><td><div>-</div></td><td><div>42,216</div></td></tr><tr><td>Technology and content</td><td><div>64,710</div></td><td><div>-</div></td><td><div>64,710</div></td><td><div>67,132</div></td><td><div>-</div></td><td><div>67,132</div></td></tr><tr><td>General and administrative</td><td><div>22,778</div></td><td><div>-</div></td><td><div>22,778</div></td><td><div>28,468</div></td><td><div>-</div></td><td><div>28,468</div></td></tr><tr><td>Stock-based compensation</td><td><div>2,351</div></td><td><div>(2,351)</div></td><td><div>-</div></td><td><div>8,166</div></td><td><div>(8,166)</div></td><td><div>-</div></td></tr><tr><td>Amortization of goodwill and other intangibles</td><td><div>50,830</div></td><td><div>(50,830)</div></td><td><div>-</div></td><td><div>80,413</div></td><td><div>(80,413)</div></td><td><div>-</div></td></tr><tr><td>Restructuring-related and other</td><td><div>58,650</div></td><td><div>(58,650)</div></td><td><div>-</div></td><td><div>2,449</div></td><td><div>(2,449)</div></td><td><div>-</div></td></tr><tr><td>Total operating expenses</td><td><div>319,560</div></td><td><div>(111,831)</div></td><td><div>207,729</div></td><td><div>316,441</div></td><td><div>(91,028)</div></td><td><div>225,413</div></td></tr><tr><td>Loss from operations</td><td><div>(139,840)</div></td><td><div>111,831</div></td><td><div>(28,009)</div></td><td><div>(180,377)</div></td><td><div>91,028</div></td><td><div>(89,349)</div></td></tr><tr><td>Interest income</td><td><div>6,807</div></td><td><div>-</div></td><td><div>6,807</div></td><td><div>10,314</div></td><td><div>-</div></td><td><div>10,314</div></td></tr><tr><td>Interest expense</td><td><div>(35,148)</div></td><td><div>-</div></td><td><div>(35,148)</div></td><td><div>(33,397)</div></td><td><div>-</div></td><td><div>(33,397)</div></td></tr><tr><td>Other expense, net</td><td><div>(1,178)</div></td><td><div>-</div></td><td><div>(1,178)</div></td><td><div>(3,272)</div></td><td><div>-</div></td><td><div>(3,272)</div></td></tr><tr><td>Other gains, net</td><td><div>11,315</div></td><td><div>(11,315)</div></td><td><div>-</div></td><td><div>-</div></td><td><div>-</div></td><td><div>-</div></td></tr><tr><td>Net interest expense and other</td><td><div>(18,204)</div></td><td><div>(11,315)</div></td><td><div>(29,519)</div></td><td><div>(26,355)</div></td><td><div>-</div></td><td><div>(26,355)</div></td></tr><tr><td>Loss before equity in losses of equity-method investees</td><td><div>(158,044)</div></td><td><div>100,516</div></td><td><div>(57,528)</div></td><td><div>(206,732)</div></td><td><div>91,028</div></td><td><div>(115,704)</div></td></tr><tr><td>Equity in losses of equity-method investees, net</td><td><div>(10,315)</div></td><td><div>10,315</div></td><td><div>-</div></td><td><div>(110,452)</div></td><td><div>110,452</div></td><td><div>-</div></td></tr><tr><td>Net loss</td><td><div>$ (168,359)</div></td><td><div>$0110,831</div></td><td><div>$0 (57,528)</div></td><td><div>$ (317,184)</div></td><td><div>$0201,480</div></td><td><div>$ (115,704)</div></td></tr><tr><td>Cash provided by (used in) operating activities</td><td><div>$        2,485</div></td><td><div>$        2,485</div></td><td><div>$   (54,029)</div></td><td><div>$  (54,029)</div></td></tr><tr><td>Basic and diluted loss per share</td><td><div>$000 (0.47)</div></td><td><div>$000(0.16)</div></td><td><div>$000 (0.91)</div></td><td><div>$00 ( 0.33)</div></td></tr><tr><td>Shares used in computation of basic</td></tr><tr><td>and diluted loss per share</td><td><div>359,752</div></td><td><div>359,752</div></td><td><div>349,886</div></td><td><div>349,886</div></td></tr><tr><td>Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements.</td></tr><tr><td><div>AMAZON.COM, INC.</div></td></tr><tr><td><div>Pro Forma Statements of Operations</div></td></tr><tr><td><div>(in thousands, except per share data)</div></td></tr><tr><td><div>(unaudited)</div></td></tr><tr><td><div>Six Months Ended</div></td></tr><tr><td><div>June 30, 2001</div></td><td><div>June 30, 2000</div></td></tr><tr><td><div>Pro Forma</div></td><td><div>Pro Forma</div></td></tr><tr><td><div>As Reported</div></td><td><div>Adjustments</div></td><td><div>Pro Forma</div></td><td><div>As Reported</div></td><td><div>Adjustments</div></td><td><div>Pro Forma</div></td></tr><tr><td>Net sales</td><td><div>$1,367,981</div></td><td><div>-</div></td><td><div>$1,367,981</div></td><td><div>$1,151,765</div></td><td><div>-</div></td><td><div>$1,151,765</div></td></tr><tr><td>Cost of sales</td><td><div>1,005,664</div></td><td><div>-</div></td><td><div>1,005,664</div></td><td><div>887,567</div></td><td><div>-</div></td><td><div>887,567</div></td></tr><tr><td>Gross profit</td><td><div>362,317</div></td><td><div>-</div></td><td><div>362,317</div></td><td><div>264,198</div></td><td><div>-</div></td><td><div>264,198</div></td></tr><tr><td>Operating expenses:</td></tr><tr><td>Fulfillment</td><td><div>183,831</div></td><td><div>-</div></td><td><div>183,831</div></td><td><div>187,060</div></td><td><div>-</div></td><td><div>187,060</div></td></tr><tr><td>Marketing</td><td><div>71,296</div></td><td><div>-</div></td><td><div>71,296</div></td><td><div>82,864</div></td><td><div>-</div></td><td><div>82,864</div></td></tr><tr><td>Technology and content</td><td><div>134,994</div></td><td><div>-</div></td><td><div>134,994</div></td><td><div>128,376</div></td><td><div>-</div></td><td><div>128,376</div></td></tr><tr><td>General and administrative</td><td><div>48,806</div></td><td><div>-</div></td><td><div>48,806</div></td><td><div>54,513</div></td><td><div>-</div></td><td><div>54,513</div></td></tr><tr><td>Stock-based compensation</td><td><div>5,267</div></td><td><div>(5,267)</div></td><td><div>-</div></td><td><div>21,818</div></td><td><div>(21,818)</div></td><td><div>-</div></td></tr><tr><td>Amortization of goodwill and other intangibles</td><td><div>101,661</div></td><td><div>(101,661)</div></td><td><div>-</div></td><td><div>163,368</div></td><td><div>(163,368)</div></td><td><div>-</div></td></tr><tr><td>Restructuring-related and other</td><td><div>172,910</div></td><td><div>(172,910)</div></td><td><div>-</div></td><td><div>4,468</div></td><td><div>(4,468)</div></td><td><div>-</div></td></tr><tr><td>Total operating expenses</td><td><div>718,765</div></td><td><div>(279,838)</div></td><td><div>438,927</div></td><td><div>642,467</div></td><td><div>(189,654)</div></td><td><div>452,813</div></td></tr><tr><td>Loss from operations</td><td><div>(356,448)</div></td><td><div>279,838</div></td><td><div>(76,610)</div></td><td><div>(378,269)</div></td><td><div>189,654</div></td><td><div>(188,615)</div></td></tr><tr><td>Interest income</td><td><div>16,757</div></td><td><div>-</div></td><td><div>16,757</div></td><td><div>20,440</div></td><td><div>-</div></td><td><div>20,440</div></td></tr><tr><td>Interest expense</td><td><div>(68,896)</div></td><td><div>-</div></td><td><div>(68,896)</div></td><td><div>(61,018)</div></td><td><div>-</div></td><td><div>(61,018)</div></td></tr><tr><td>Other expense, net</td><td><div>(5,062)</div></td><td><div>-</div></td><td><div>(5,062)</div></td><td><div>(8,046)</div></td><td><div>-</div></td><td><div>(8,046)</div></td></tr><tr><td>Other gains, net</td><td><div>45,172</div></td><td><div>(45,172)</div></td><td><div>-</div></td><td><div>-</div></td><td><div>-</div></td><td><div>-</div></td></tr><tr><td>Net interest expense and other</td><td><div>(12,029)</div></td><td><div>(45,172)</div></td><td><div>(57,201)</div></td><td><div>(48,624)</div></td><td><div>-</div></td><td><div>(48,624)</div></td></tr><tr><td>Loss before equity in losses of equity-method investees</td><td><div>(368,477)</div></td><td><div>234,666</div></td><td><div>(133,811)</div></td><td><div>(426,893)</div></td><td><div>189,654</div></td><td><div>(237,239)</div></td></tr><tr><td>Equity in losses of equity-method investees, net</td><td><div>(23,490)</div></td><td><div>23,490</div></td><td><div>-</div></td><td><div>(198,716)</div></td><td><div>198,716</div></td><td><div>-</div></td></tr><tr><td>Net loss before change in accounting principle</td><td><div>(391,967)</div></td><td><div>258,156</div></td><td><div>(133,811)</div></td><td><div>(625,609)</div></td><td><div>388,370</div></td><td><div>(237,239)</div></td></tr><tr><td>Cumulative effect of change in accounting principle</td><td><div>(10,523)</div></td><td><div>10,523</div></td><td><div>-</div></td><td><div>-</div></td><td><div>-</div></td><td><div>-</div></td></tr><tr><td>Net loss</td><td><div>$ (402,490)</div></td><td><div>$0268,679</div></td><td><div>$ (133,811)</div></td><td><div>$ (625,609)</div></td><td><div>$0388,370</div></td><td><div>$0(237,239)</div></td></tr><tr><td>Cash provided by (used in) operating activities</td><td><div>$ (404,499)</div></td><td><div>$ (404,499)</div></td><td><div>$ (374,407)</div></td><td><div>$ (374,407)</div></td></tr><tr><td>Basic and diluted loss per share:</td></tr><tr><td>Prior to cumulative effect of change in accounting principle</td><td><div>$000(1.09)</div></td><td><div>$000(0.37)</div></td><td><div>$000(1.80)</div></td><td><div>$ 000(0.68)</div></td></tr><tr><td>Cumulative effect of change in accounting principle</td><td><div>(0.03)</div></td><td><div>-</div></td><td><div>-</div></td><td><div>-</div></td></tr><tr><td><div>$000(1.12)</div></td><td><div>$000(0.37)</div></td><td><div>$000(1.80)</div></td><td><div>$000(0.68)</div></td></tr><tr><td>Shares used in computation of basic</td></tr><tr><td>and diluted loss per share</td><td><div>358,595</div></td><td><div>358,595</div></td><td><div>346,680</div></td><td><div>346,680</div></td></tr><tr><td>Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements.</td></tr></tbody></table><table><tbody><tr><td><div>AMAZON.COM, INC.</div></td></tr><tr><td><div>Segment Information</div></td></tr><tr><td><div>(in thousands)</div></td></tr><tr><td><div>(unaudited)</div></td></tr><tr><td><div>Three Months Ended June 30, 2001</div></td></tr><tr><td><div>U.S. Retail</div></td></tr><tr><td><div>Books,</div></td><td><div>Electronics,</div></td></tr><tr><td><div>Music andDVD/Video</div></td><td><div>Tools and Kitchen</div></td><td><div>Total</div></td><td><div>Services</div></td><td><div>International</div></td><td><div>Consolidated</div></td></tr><tr><td>Net sales</td><td><div>$0389,723</div></td><td><div>$0110,957</div></td><td><div>$0500,680</div></td><td><div>$0038,599</div></td><td><div>$0128,346</div></td><td><div>$0667,625</div></td></tr><tr><td>Gross profit</td><td><div>110,844</div></td><td><div>13,159</div></td><td><div>124,003</div></td><td><div>26,352</div></td><td><div>29,365</div></td><td><div>179,720</div></td></tr><tr><td>Pro forma income (loss) from operations</td><td><div>38,967</div></td><td><div>(41,322)</div></td><td><div>(2,355)</div></td><td><div>4,339</div></td><td><div>(29,993)</div></td><td><div>(28,009)</div></td></tr><tr><td>Other non-cash and restructuring-related operating expenses</td><td><div>(111,831)</div></td></tr><tr><td>Net interest expense and other</td><td><div>(18,204)</div></td></tr><tr><td>Equity in losses of equity-method investees, net</td><td><div>(10,315)</div></td></tr><tr><td>Net loss</td><td><div>$(168,359)</div></td></tr><tr><td><em>Segment highlights:</em></td></tr><tr><td>Y / Y net sales growth</td><td><div>1%</div></td><td><div>21%</div></td><td><div>5%</div></td><td><div>41%</div></td><td><div>75%</div></td><td><div>16%</div></td></tr><tr><td>Y / Y gross profit growth</td><td><div>28%</div></td><td><div>111%</div></td><td><div>33%</div></td><td><div>(1%)</div></td><td><div>80%</div></td><td><div>32%</div></td></tr><tr><td>Gross margin</td><td><div>28%</div></td><td><div>12%</div></td><td><div>25%</div></td><td><div>68%</div></td><td><div>23%</div></td><td><div>27%</div></td></tr><tr><td>Pro forma operating margin</td><td><div>10%</div></td><td><div>(37%)</div></td><td><div>0%</div></td><td><div>11%</div></td><td><div>(23%)</div></td><td><div>(4%)</div></td></tr><tr><td><div>Three Months Ended June 30, 2000</div></td></tr><tr><td><div>U.S. Retail</div></td></tr><tr><td><div>Books,</div></td><td><div>Electronics,</div></td></tr><tr><td><div>Music andDVD/Video</div></td><td><div>Tools and Kitchen</div></td><td><div>Total</div></td><td><div>Services</div></td><td><div>International</div></td><td><div>Consolidated</div></td></tr><tr><td>Net sales</td><td><div>$0385,275</div></td><td><div>$0091,755</div></td><td><div>$0477,030</div></td><td><div>$0027,453</div></td><td><div>$0073,393</div></td><td><div>$0577,876</div></td></tr><tr><td>Gross profit</td><td><div>86,862</div></td><td><div>6,249</div></td><td><div>93,111</div></td><td><div>26,667</div></td><td><div>16,286</div></td><td><div>136,064</div></td></tr><tr><td>Pro forma income (loss) from operations</td><td><div>10,056</div></td><td><div>(69,077)</div></td><td><div>(59,021)</div></td><td><div>4,175</div></td><td><div>(34,503)</div></td><td><div>(89,349)</div></td></tr><tr><td>Other non-cash and restructuring-related operating expenses</td><td><div>(91,028)</div></td></tr><tr><td>Net interest expense and other</td><td><div>(26,355)</div></td></tr><tr><td>Equity in losses of equity-method investees, net</td><td><div>(110,452)</div></td></tr><tr><td>Net loss</td><td><div>$(317,184)</div></td></tr><tr><td><em>Segment highlights:</em></td></tr><tr><td>Y / Y net sales growth</td><td><div>38%</div></td><td><div>N/A</div></td><td><div>70%</div></td><td><div>N/A</div></td><td><div>134%</div></td><td><div>84%</div></td></tr><tr><td>Y / Y gross profit growth</td><td><div>41%</div></td><td><div>N/A</div></td><td><div>56%</div></td><td><div>N/A</div></td><td><div>148%</div></td><td><div>101%</div></td></tr><tr><td>Gross margin</td><td><div>23%</div></td><td><div>7%</div></td><td><div>20%</div></td><td><div>97%</div></td><td><div>22%</div></td><td><div>24%</div></td></tr><tr><td>Pro forma operating margin</td><td><div>3%</div></td><td><div>(75%)</div></td><td><div>(12%)</div></td><td><div>15%</div></td><td><div>(47%)</div></td><td><div>(15%)</div></td></tr><tr><td><div>Six Months Ended June 30, 2001</div></td></tr><tr><td><div>U.S. Retail</div></td></tr><tr><td><div>Books,</div></td><td><div>Electronics,</div></td></tr><tr><td><div>Music andDVD/Video</div></td><td><div>Tools and Kitchen</div></td><td><div>Total</div></td><td><div>Services</div></td><td><div>International</div></td><td><div>Consolidated</div></td></tr><tr><td>Net sales</td><td><div>$0799,309</div></td><td><div>$0227,464</div></td><td><div>$1,026,773</div></td><td><div>$0080,757</div></td><td><div>$0260,451</div></td><td><div>$1,367,981</div></td></tr><tr><td>Gross profit</td><td><div>219,963</div></td><td><div>30,379</div></td><td><div>250,342</div></td><td><div>54,560</div></td><td><div>57,415</div></td><td><div>362,317</div></td></tr><tr><td>Pro forma income (loss) from operations</td><td><div>66,592</div></td><td><div>(87,155)</div></td><td><div>(20,563)</div></td><td><div>8,515</div></td><td><div>(64,562)</div></td><td><div>(76,610)</div></td></tr><tr><td>Other non-cash and restructuring-related operating expenses</td><td><div>(279,838)</div></td></tr><tr><td>Net interest expense and other</td><td><div>(12,029)</div></td></tr><tr><td>Equity in losses of equity-method investees, net</td><td><div>(23,490)</div></td></tr><tr><td>Cumulative effect of change in accounting principle</td><td><div>(10,523)</div></td></tr><tr><td>Net loss</td><td><div>$(402,490)</div></td></tr><tr><td><em>Segment highlights:</em></td></tr><tr><td>Y / Y net sales growth</td><td><div>2%</div></td><td><div>37%</div></td><td><div>8%</div></td><td><div>61%</div></td><td><div>75%</div></td><td><div>19%</div></td></tr><tr><td>Y / Y gross profit growth</td><td><div>30%</div></td><td><div>128%</div></td><td><div>37%</div></td><td><div>12%</div></td><td><div>78%</div></td><td><div>37%</div></td></tr><tr><td>Gross margin</td><td><div>28%</div></td><td><div>13%</div></td><td><div>24%</div></td><td><div>68%</div></td><td><div>22%</div></td><td><div>26%</div></td></tr><tr><td>Pro forma operating margin</td><td><div>8%</div></td><td><div>(38%)</div></td><td><div>(2%)</div></td><td><div>11%</div></td><td><div>(25%)</div></td><td><div>(6%)</div></td></tr><tr><td><div>Six Months Ended June 30, 2000</div></td></tr><tr><td><div>U.S. Retail</div></td></tr><tr><td><div>Books,</div></td><td><div>Electronics,</div></td></tr><tr><td><div>Music andDVD/Video</div></td><td><div>Tools and Kitchen</div></td><td><div>Total</div></td><td><div>Services</div></td><td><div>International</div></td><td><div>Consolidated</div></td></tr><tr><td>Net sales</td><td><div>$0786,690</div></td><td><div>$0166,351</div></td><td><div>$0953,041</div></td><td><div>$0050,199</div></td><td><div>$0148,525</div></td><td><div>$1,151,765</div></td></tr><tr><td>Gross profit</td><td><div>169,717</div></td><td><div>13,308</div></td><td><div>183,025</div></td><td><div>48,851</div></td><td><div>32,322</div></td><td><div>264,198</div></td></tr><tr><td>Pro forma income (loss) from operations</td><td><div>7,631</div></td><td><div>(136,326)</div></td><td><div>(128,695)</div></td><td><div>2,031</div></td><td><div>(61,951)</div></td><td><div>(188,615)</div></td></tr><tr><td>Other non-cash and restructuring-related operating expenses</td><td><div>(189,654)</div></td></tr><tr><td>Net interest expense and other</td><td><div>(48,624)</div></td></tr><tr><td>Equity in losses of equity-method investees, net</td><td><div>(198,716)</div></td></tr><tr><td>Net loss</td><td><div>$(625,609)</div></td></tr><tr><td><em>Segment highlights:</em></td></tr><tr><td>Y / Y net sales growth</td><td><div>44%</div></td><td><div>N/A</div></td><td><div>74%</div></td><td><div>N/A</div></td><td><div>160%</div></td><td><div>89%</div></td></tr><tr><td>Y / Y gross profit growth</td><td><div>40%</div></td><td><div>N/A</div></td><td><div>53%</div></td><td><div>N/A</div></td><td><div>176%</div></td><td><div>100%</div></td></tr><tr><td>Gross margin</td><td><div>22%</div></td><td><div>8%</div></td><td><div>19%</div></td><td><div>97%</div></td><td><div>22%</div></td><td><div>23%</div></td></tr><tr><td>Pro forma operating margin</td><td><div>1%</div></td><td><div>(82%)</div></td><td><div>(14%)</div></td><td><div>4%</div></td><td><div>(42%)</div></td><td><div>(16%)</div></td></tr><tr><td><div>Supplemental geographical segment information is as follows (in thousands):</div></td></tr><tr><td><div>Three Months Ended</div></td><td><div>Three Months Ended</div></td></tr><tr><td><div>June 30, 2001</div></td><td><div>June 30, 2000</div></td></tr><tr><td><div>Net Sales</div></td><td><div>Pro Forma Income (Loss) from Operations</div></td><td><div>Net Sales</div></td><td><div>Pro Forma Income (Loss) from Operations</div></td></tr><tr><td>U.S.</td></tr><tr><td>    Books, Music and DVD/Video</td><td><div>$0389,723</div></td><td><div>$0038,967</div></td><td><div>$0385,275</div></td><td><div>$0010,056</div></td></tr><tr><td>    Electronics, Tools and Kitchen</td><td><div>110,957</div></td><td><div>(41,322)</div></td><td><div>91,755</div></td><td><div>(69,077)</div></td></tr><tr><td>00    U.S. Retail</td><td><div>500,680</div></td><td><div>(2,355)</div></td><td><div>477,030</div></td><td><div>(59,021)</div></td></tr><tr><td>    Services</td><td><div>38,599</div></td><td><div>4,339</div></td><td><div>27,453</div></td><td><div>4,175</div></td></tr><tr><td>00    Total U.S.</td><td><div>539,279</div></td><td><div>1,984</div></td><td><div>504,483</div></td><td><div>(54,846)</div></td></tr><tr><td>International</td><td><div>128,346</div></td><td><div>(29,993)</div></td><td><div>73,393</div></td><td><div>(34,503)</div></td></tr><tr><td>Total Consolidated</td><td><div>$0667,625</div></td><td><div>$0 (28,009)</div></td><td><div>$0577,876</div></td><td><div>$0(89,349)</div></td></tr><tr><td><div>Six Months Ended</div></td><td><div>Six Months Ended</div></td></tr><tr><td><div>June 30, 2001</div></td><td><div>June 30, 2000</div></td></tr><tr><td><div>Net Sales</div></td><td><div>Pro Forma Income (Loss) from Operations</div></td><td><div>Net Sales</div></td><td><div>Pro Forma Income (Loss) from Operations</div></td></tr><tr><td>U.S.</td></tr><tr><td>    Books, Music and DVD/Video</td><td><div>$0799,309</div></td><td><div>$0066,592</div></td><td><div>$0786,690</div></td><td><div>$0007,631</div></td></tr><tr><td>    Electronics, Tools and Kitchen</td><td><div>227,464</div></td><td><div>(87,155)</div></td><td><div>166,351</div></td><td><div>(136,326)</div></td></tr><tr><td>00    U.S. Retail</td><td><div>1,026,773</div></td><td><div>(20,563)</div></td><td><div>953,041</div></td><td><div>(128,695)</div></td></tr><tr><td>    Services</td><td><div>80,757</div></td><td><div>8,515</div></td><td><div>50,199</div></td><td><div>2,031</div></td></tr><tr><td>00    Total U.S.</td><td><div>1,107,530</div></td><td><div>(12,048)</div></td><td><div>1,003,240</div></td><td><div>(126,664)</div></td></tr><tr><td>International</td><td><div>260,451</div></td><td><div>(64,562)</div></td><td><div>148,525</div></td><td><div>(61,951)</div></td></tr><tr><td>Total Consolidated</td><td><div>$1,367,981</div></td><td><div>$0(76,610)</div></td><td><div>$1,151,765</div></td><td><div>$ (188,615)</div></td></tr><tr><td>Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements.</td></tr></tbody></table><table><tbody><tr><td><div>AMAZON.COM, INC.</div></td></tr><tr><td><div>Balance Sheets</div></td></tr><tr><td><div>(in thousands, except per share data)</div></td></tr><tr><td><div>(unaudited)</div></td></tr><tr><td><div>June 30,</div></td><td><div>December 31,</div></td></tr><tr><td><div>2001</div></td><td><div>2000</div></td></tr><tr><td>ASSETS</td></tr><tr><td>Current assets:</td></tr><tr><td>Cash and cash equivalents</td><td><div>$00462,949</div></td><td><div>$00822,435</div></td></tr><tr><td>Marketable securities</td><td><div>146,020</div></td><td><div>278,087</div></td></tr><tr><td>Inventories</td><td><div>129,035</div></td><td><div>174,563</div></td></tr><tr><td>Prepaid expenses and other current assets</td><td><div>71,353</div></td><td><div>86,044</div></td></tr><tr><td>Total current assets</td><td><div>809,357</div></td><td><div>1,361,129</div></td></tr><tr><td>Fixed assets, net</td><td><div>292,422</div></td><td><div>366,416</div></td></tr><tr><td>Goodwill, net</td><td><div>89,002</div></td><td><div>158,990</div></td></tr><tr><td>Other intangibles, net</td><td><div>63,893</div></td><td><div>96,335</div></td></tr><tr><td>Investments in equity-method investees</td><td><div>12,223</div></td><td><div>52,073</div></td></tr><tr><td>Other equity investments</td><td><div>24,729</div></td><td><div>40,177</div></td></tr><tr><td>Other assets</td><td><div>53,410</div></td><td><div>60,049</div></td></tr><tr><td>Total assets</td><td><div>$01,345,036</div></td><td><div>$02,135,169</div></td></tr><tr><td>LIABILITIES AND STOCKHOLDERS' DEFICIT</td></tr><tr><td>Current liabilities:</td></tr><tr><td>Accounts payable</td><td><div>$257,976</div></td><td><div>$485,383</div></td></tr><tr><td>Accrued expenses and other current liabilities</td><td><div>241,149</div></td><td><div>272,683</div></td></tr><tr><td>Unearned revenue</td><td><div>86,945</div></td><td><div>131,117</div></td></tr><tr><td>Interest payable</td><td><div>43,833</div></td><td><div>69,196</div></td></tr><tr><td>Current portion of long-term debt and other</td><td><div>18,337</div></td><td><div>16,577</div></td></tr><tr><td>Total current liabilities</td><td><div>648,240</div></td><td><div>974,956</div></td></tr><tr><td>Long-term debt and other</td><td><div>2,126,727</div></td><td><div>2,127,464</div></td></tr><tr><td>Commitments and contingencies</td></tr><tr><td>Stockholders' deficit:</td></tr><tr><td>Preferred stock, $0.01 par value:</td></tr><tr><td>    Authorized shares -- 500,000</td></tr><tr><td>    Issued and outstanding shares -- none</td><td><div>-</div></td><td><div>-</div></td></tr><tr><td>Common stock, $0.01 par value:</td></tr><tr><td>    Authorized shares -- 5,000,000</td></tr><tr><td>    Issued and outstanding shares -- 362,191 and 357,140</td></tr><tr><td>shares at June 30, 2001 and December 31, 2000, respectively</td><td><div>3,622</div></td><td><div>3,571</div></td></tr><tr><td>Additional paid-in capital</td><td><div>1,356,216</div></td><td><div>1,338,303</div></td></tr><tr><td>Deferred stock-based compensation</td><td><div>(10,132)</div></td><td><div>(13,448)</div></td></tr><tr><td>Accumulated other comprehensive loss</td><td><div>(83,846)</div></td><td><div>(2,376)</div></td></tr><tr><td>Accumulated deficit</td><td><div>(2,695,791)</div></td><td><div>(2,293,301)</div></td></tr><tr><td>Total stockholders' deficit</td><td><div>(1,429,931)</div></td><td><div>(967,251)</div></td></tr><tr><td>    Total liabilities and stockholders' deficit</td><td><div>$01,345,036</div></td><td><div>$02,135,169</div></td></tr><tr><td>Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements.</td></tr></tbody></table><table><tbody><tr><td><div>AMAZON.COM, INC.</div></td></tr><tr><td><div>Statements of Cash Flows</div></td></tr><tr><td><div>(in thousands)</div></td></tr><tr><td><div>(unaudited)</div></td></tr><tr><td><div>Three Months Ended</div></td><td><div>Six Months Ended</div></td></tr><tr><td><div>June 30,</div></td><td><div>June 30,</div></td></tr><tr><td><div>2001</div></td><td><div>2000</div></td><td><div>2001</div></td><td><div>2000</div></td></tr><tr><td>CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD</td><td><div>$0446,944</div></td><td><div>$0755,133</div></td><td><div>$0822,435</div></td><td><div>$0133,309</div></td></tr><tr><td>OPERATING ACTIVITIES:</td></tr><tr><td>Net loss</td><td><div>(168,359)</div></td><td><div>(317,184)</div></td><td><div>(402,490)</div></td><td><div>(625,609)</div></td></tr><tr><td>Adjustments to reconcile net loss to net cash provided by (used in)</td></tr><tr><td>operating activities:</td></tr><tr><td>Depreciation of fixed assets and other amortization</td><td><div>20,794</div></td><td><div>20,682</div></td><td><div>43,867</div></td><td><div>38,862</div></td></tr><tr><td>Stock-based compensation</td><td><div>2,351</div></td><td><div>8,166</div></td><td><div>5,267</div></td><td><div>21,818</div></td></tr><tr><td>Equity in losses of equity-method investees, net</td><td><div>10,315</div></td><td><div>110,452</div></td><td><div>23,490</div></td><td><div>198,716</div></td></tr><tr><td>Amortization of goodwill and other intangibles</td><td><div>50,830</div></td><td><div>80,413</div></td><td><div>101,661</div></td><td><div>163,368</div></td></tr><tr><td>Non-cash restructuring-related and other costs</td><td><div>6,525</div></td><td><div>2,449</div></td><td><div>68,529</div></td><td><div>4,468</div></td></tr><tr><td>Amortization of previously unearned revenue</td><td><div>(31,908)</div></td><td><div>(20,203)</div></td><td><div>(65,300)</div></td><td><div>(38,688)</div></td></tr><tr><td>Loss (gain) on sale of marketable securities</td><td><div>187</div></td><td><div>1,648</div></td><td><div>214</div></td><td><div>(952)</div></td></tr><tr><td>Other gains, net</td><td><div>(11,315)</div></td><td><div>-</div></td><td><div>(45,172)</div></td><td><div>-</div></td></tr><tr><td>Non-cash interest expense and other</td><td><div>6,713</div></td><td><div>6,208</div></td><td><div>13,285</div></td><td><div>12,089</div></td></tr><tr><td>Cumulative effect of change in accounting principle</td><td><div>-</div></td><td><div>-</div></td><td><div>10,523</div></td><td><div>-</div></td></tr><tr><td>Changes in operating assets and liabilities:</td></tr><tr><td>Inventories</td><td><div>25,277</div></td><td><div>(103)</div></td><td><div>45,100</div></td><td><div>48,286</div></td></tr><tr><td>Prepaid expenses and other current assets</td><td><div>(12,203)</div></td><td><div>4,104</div></td><td><div>15,131</div></td><td><div>1,037</div></td></tr><tr><td>Accounts payable</td><td><div>(1,632)</div></td><td><div>30,442</div></td><td><div>(231,390)</div></td><td><div>(176,787)</div></td></tr><tr><td>Accrued expenses and other current liabilities</td><td><div>52,271</div></td><td><div>(756)</div></td><td><div>(5,491)</div></td><td><div>(32,294)</div></td></tr><tr><td>Unearned revenue</td><td><div>25,192</div></td><td><div>1,011</div></td><td><div>43,197</div></td><td><div>1,625</div></td></tr><tr><td>Interest payable</td><td><div>27,447</div></td><td><div>18,642</div></td><td><div>(24,920)</div></td><td><div>9,654</div></td></tr><tr><td>Net cash provided by (used in) operating activities</td><td><div>2,485</div></td><td><div>(54,029)</div></td><td><div>(404,499)</div></td><td><div>(374,407)</div></td></tr><tr><td>INVESTING ACTIVITIES:</td></tr><tr><td>Sales and maturities of marketable securities</td><td><div>66,971</div></td><td><div>68,949</div></td><td><div>161,337</div></td><td><div>449,294</div></td></tr><tr><td>Purchases of marketable securities</td><td><div>(26,743)</div></td><td><div>(21,930)</div></td><td><div>(57,121)</div></td><td><div>(50,786)</div></td></tr><tr><td>Purchases of fixed assets, including internal-use software and web-site development</td><td><div>(10,425)</div></td><td><div>(28,878)</div></td><td><div>(29,862)</div></td><td><div>(55,479)</div></td></tr><tr><td>Investments in equity-method investees and other investments</td><td><div>-</div></td><td><div>(8,595)</div></td><td><div>-</div></td><td><div>(56,082)</div></td></tr><tr><td>    Net cash provided by investing activities</td><td><div>29,803</div></td><td><div>9,546</div></td><td><div>74,354</div></td><td><div>286,947</div></td></tr><tr><td>FINANCING ACTIVITIES:</td></tr><tr><td>Proceeds from exercise of stock options</td><td><div>7,644</div></td><td><div>13,794</div></td><td><div>13,477</div></td><td><div>35,153</div></td></tr><tr><td>Proceeds from long-term debt and other</td><td><div>-</div></td><td><div>1,625</div></td><td><div>10,000</div></td><td><div>680,999</div></td></tr><tr><td>Repayment of long-term debt and other</td><td><div>(4,094)</div></td><td><div>(5,197)</div></td><td><div>(8,669)</div></td><td><div>(9,220)</div></td></tr><tr><td>Financing costs</td><td><div>-</div></td><td><div>(227)</div></td><td><div>-</div></td><td><div>(16,122)</div></td></tr><tr><td>    Net cash provided by financing activities</td><td><div>3,550</div></td><td><div>9,995</div></td><td><div>14,808</div></td><td><div>690,810</div></td></tr><tr><td>Effect of exchange rate changes on cash and cash equivalents</td><td><div>(19,833)</div></td><td><div>(268)</div></td><td><div>(44,149)</div></td><td><div>(16,282)</div></td></tr><tr><td>Net increase (decrease) in cash and cash equivalents</td><td><div>16,005</div></td><td><div>(34,756)</div></td><td><div>(359,486)</div></td><td><div>587,068</div></td></tr><tr><td>CASH AND CASH EQUIVALENTS, END OF PERIOD</td><td><div>$0462,949</div></td><td><div>$0720,377</div></td><td><div>$0462,949</div></td><td><div>$0720,377</div></td></tr><tr><td>SUPPLEMENTAL CASH FLOW INFORMATION:</td></tr><tr><td>Fixed assets acquired under capital leases</td><td><div>$0000 171</div></td><td><div>$0000 844</div></td><td><div>$0002,469</div></td><td><div>$0004,346</div></td></tr><tr><td>Fixed assets acquired under financing agreements</td><td><div>-</div></td><td><div>293</div></td><td><div>-</div></td><td><div>4,844</div></td></tr><tr><td>Stock issued in connection with business acquisitions</td><td><div>-</div></td><td><div>30,000</div></td><td><div>-</div></td><td><div>30,000</div></td></tr><tr><td>Equity securities received for commercial agreements</td><td><div>-</div></td><td><div>-</div></td><td><div>331</div></td><td><div>97,839</div></td></tr><tr><td>Cash paid for interest</td><td><div>1,198</div></td><td><div>7,996</div></td><td><div>87,422</div></td><td><div>43,831</div></td></tr><tr><td>Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements.</td></tr></tbody></table><table><tbody><tr><td>AMAZON.COM, INC.</td></tr><tr><td>Supplemental Financial Information and Business Metrics</td></tr><tr><td>(unaudited)</td></tr><tr><td>(in millions, except per share data)</td></tr><tr><td>2000</td></tr><tr><td><em>Y / Y</em></td></tr><tr><td>Q2</td><td>Q3</td><td>Q4</td><td>Q1 2001</td><td>Q2 2001</td><td><em> Growth %</em></td></tr><tr><td>Results of Operations</td></tr><tr><td>Net sales</td><td>$578</td><td>$638</td><td>$972</td><td>$700</td><td>$668</td><td><em>16%</em></td></tr><tr><td>Net sales -- trailing twelve months (TTM)</td><td>$2,184</td><td>$2,466</td><td>$2,762</td><td>$2,888</td><td>$2,978</td><td><em>36%</em></td></tr><tr><td>Net sales outside the U.S. (including .com export sales) -- % of net sales</td><td>23%</td><td>23%</td><td>21%</td><td>26%</td><td>28%</td><td><em>N/A</em></td></tr><tr><td>Gross profit</td><td>$136</td><td>$167</td><td>$224</td><td>$183</td><td>$180</td><td><em>32%</em></td></tr><tr><td>Gross margin -- % of net sales</td><td>23.5%</td><td>26.2%</td><td>23.1%</td><td>26.1%</td><td>26.9%</td><td><em>N/A</em></td></tr><tr><td>Fulfillment costs -- % of net sales</td><td>15.2%</td><td>15.1%</td><td>13.5%</td><td>14.0%</td><td>12.8%</td><td><em>N/A</em></td></tr><tr><td>Pro forma operating expenses</td><td>$225</td><td>$236</td><td>$284</td><td>$231</td><td>$208</td><td><em>(8%)</em></td></tr><tr><td>Pro forma operating loss</td><td>$(89)</td><td>$(68)</td><td>$(60)</td><td>$(49)</td><td>$(28)</td><td><em>(69%)</em></td></tr><tr><td>Pro forma operating loss -- % of net sales</td><td>(15.5%)</td><td>(10.7%)</td><td>(6.2%)</td><td>(6.9%)</td><td>(4.2%)</td><td><em>N/A</em></td></tr><tr><td>Pro forma net loss</td><td>$(116)</td><td>$(89)</td><td>$(90)</td><td>$(76)</td><td>$(58)</td><td><em>(50%)</em></td></tr><tr><td>Pro forma net loss per share</td><td>$(0.33)</td><td>$(0.25)</td><td>$(0.25)</td><td>$(0.21)</td><td>$(0.16)</td><td><em>(52%)</em></td></tr><tr><td>GAAP net loss</td><td>$(317)</td><td>$(241)</td><td>$(545)</td><td>$(234)</td><td>$(168)</td><td><em>(47%)</em></td></tr><tr><td>GAAP net loss per share</td><td>$(0.91)</td><td>$(0.68)</td><td>$(1.53)</td><td>$(0.66)</td><td>$(0.47)</td><td><em>(48%)</em></td></tr><tr><td>U.S. books, music and DVD/video (US BMVD) segment:</td></tr><tr><td>US BMVD net sales</td><td>$385</td><td>$400</td><td>$512</td><td>$410</td><td>$390</td><td><em>1%</em></td></tr><tr><td>US BMVD gross profit</td><td>$87</td><td>$109</td><td>$139</td><td>$109</td><td>$111</td><td><em>28%</em></td></tr><tr><td>US BMVD pro forma operating income -- % of US BMVD net sales</td><td>3%</td><td>6%</td><td>8%</td><td>7%</td><td>10%</td><td><em>N/A</em></td></tr><tr><td>U.S. electronics, tools and kitchen (US ETK) segment:</td></tr><tr><td>US ETK net sales</td><td>$92</td><td>$98</td><td>$220</td><td>$117</td><td>$111</td><td><em>21%</em></td></tr><tr><td>US ETK gross profit</td><td>$6</td><td>$9</td><td>$22</td><td>$17</td><td>$13</td><td><em>117%</em></td></tr><tr><td>US ETK pro forma operating loss -- % of US ETK net sales</td><td>(75%)</td><td>(62%)</td><td>(33%)</td><td>(39%)</td><td>(37%)</td><td><em>N/A</em></td></tr><tr><td>Services segment:</td></tr><tr><td>Services net sales</td><td>$27</td><td>$53</td><td>$96</td><td>$42</td><td>$39</td><td><em>44%</em></td></tr><tr><td>Services gross profit</td><td>$27</td><td>$31</td><td>$37</td><td>$28</td><td>$26</td><td><em>(4%)</em></td></tr><tr><td>Services pro forma operating income -- % of services net sales</td><td>15%</td><td>14%</td><td>18%</td><td>10%</td><td>11%</td><td><em>N/A</em></td></tr><tr><td>U.S. Retail and Services combined pro forma operating income (loss)</td></tr><tr><td>-- % of U.S. Retail and Services net sales</td><td>(11%)</td><td>(5%)</td><td>(2%)</td><td>(2%)</td><td>0%</td><td><em>N/A</em></td></tr><tr><td>International segment:</td></tr><tr><td>International net sales</td><td>$73</td><td>$88</td><td>$145</td><td>$132</td><td>$128</td><td><em>75%</em></td></tr><tr><td>International gross profit</td><td>$16</td><td>$19</td><td>$26</td><td>$28</td><td>$29</td><td><em>81%</em></td></tr><tr><td>International pro forma operating loss -- % of international net sales</td><td>(47%)</td><td>(45%)</td><td>(30%)</td><td>(26%)</td><td>(23%)</td><td><em>N/A</em></td></tr><tr><td>AMAZON.COM, INC.</td></tr><tr><td>Supplemental Financial Information and Business Metrics</td></tr><tr><td>(unaudited)</td></tr><tr><td>(in millions, except cost per new customer account, net sales per active customer account, inventory turnover, accounts payable days, and employee data)</td></tr><tr><td>2000</td></tr><tr><td><em>Y / Y</em></td></tr><tr><td>Q2</td><td>Q3</td><td>Q4</td><td>Q1 2001</td><td>Q2 2001</td><td><em> Growth %</em></td></tr><tr><td>Customer Data</td></tr><tr><td>New customer accounts</td><td>2.5</td><td>2.9</td><td>4.1</td><td>3.0</td><td>2.6</td><td><em>4%</em></td></tr><tr><td>Cumulative customer accounts</td><td>22.5</td><td>25.4</td><td>29.5</td><td>32.5</td><td>35.1</td><td><em>56%</em></td></tr><tr><td>Active customer accounts -- TTM</td><td>17.0</td><td>18.2</td><td>19.8</td><td>20.5</td><td>21.1</td><td><em>24%</em></td></tr><tr><td>New customer accounts -- international</td><td>0.6</td><td>0.9</td><td>1.1</td><td>1.0</td><td>0.9</td><td><em>50%</em></td></tr><tr><td>Cumulative customer accounts -- international</td><td>3.0</td><td>3.9</td><td>5.0</td><td>6.0</td><td>6.9</td><td><em>130%</em></td></tr><tr><td>Active customer accounts -- international -- TTM</td><td>2.7</td><td>3.3</td><td>4.2</td><td>4.9</td><td>5.4</td><td><em>100%</em></td></tr><tr><td>Cost per new customer account</td><td>$17</td><td>$15</td><td>$13</td><td>$12</td><td>$14</td><td><em>(18%)</em></td></tr><tr><td>Net sales (excluding catalog sales and inventory sales to         Toysrus.com) per active customer account -- TTM</td><td>$125</td><td>$130</td><td>$134</td><td>$135</td><td>$136</td><td><em>9%</em></td></tr><tr><td>U.S. customers purchasing from non-US BMVD stores</td><td>13%</td><td>14%</td><td>36%</td><td>19%</td><td>21%</td><td><em>N/A</em></td></tr><tr><td>Balance Sheet</td></tr><tr><td>Cash and marketable securities</td><td>$908</td><td>$900</td><td>$1,101</td><td>$643</td><td>$609</td><td><em>(33%)</em></td></tr><tr><td>Inventory, net</td><td>$172</td><td>$164</td><td>$175</td><td>$156</td><td>$129</td><td><em>(25%)</em></td></tr><tr><td>Inventory -- % of net sales</td><td>30%</td><td>26%</td><td>18%</td><td>22%</td><td>19%</td><td><em>N/A</em></td></tr><tr><td>Inventory turnover -- annualized</td><td>10.3</td><td>11.2</td><td>17.7</td><td>12.6</td><td>13.7</td><td><em>33%</em></td></tr><tr><td>Fixed assets, net</td><td>$344</td><td>$352</td><td>$366</td><td>$304</td><td>$292</td><td><em>(15%)</em></td></tr><tr><td>Accounts payable days -- ending</td><td>59</td><td>60</td><td>60</td><td>45</td><td>48</td><td><em>(19%)</em></td></tr><tr><td>Cash Flows</td></tr><tr><td>Cash generated by (used in) operations</td><td>$(54)</td><td>$(4)</td><td>$248</td><td>$(407)</td><td>$2</td><td><em>104%</em></td></tr><tr><td>Cash used in operations -- TTM</td><td>$(418)</td><td>$(347)</td><td>$(130)</td><td>$(217)</td><td>$(161)</td><td><em>(61%)</em></td></tr><tr><td>Purchases of fixed assets</td><td>$(29)</td><td>$(42)</td><td>$(37)</td><td>$(19)</td><td>$(10)</td><td><em>(66%)</em></td></tr><tr><td>Other </td></tr><tr><td>Employees (full-time and part-time)</td><td>7,700</td><td>8,500</td><td>9,000</td><td>8,600</td><td>7,800</td><td><em>1%</em></td></tr></tbody></table><table><tbody><tr><td>AMAZON.COM, INC.Financial and Operational HighlightsSecond Quarter Ended June 30, 2001(unaudited)</td></tr><tr><td>Results of Operations (all comparisons are with the second quarter of 2000)<p><em>Net Sales</em></p><ul><li>Orders from repeat customers represented 80% of total, up from 78%.</li><li>Shipping revenue across all segments was approximately $76 million, up from $73 million.</li><li>Cash-based portion of Services revenues was approximately 80%, up from 27%; non-cash Services revenues were approximately 20%, down from 73%.</li></ul><p><em>Gross Profit</em></p><ul><li>Gross margin, excluding the results of our Services segment, would have been 24%, up from 20%.</li><li>Shipping gross loss was approximately $2 million, down from gross profit of $7 million. We will from time to time continue to offer shipping promotions to our customers and may continue to experience fluctuating shipping margins.</li></ul><p><em>Fulfillment</em></p><ul><li>Fulfillment costs represent those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to receiving, inspecting and warehousing inventories; picking, packaging and preparing customers' orders for shipment; credit card fees and bad debt costs; and responding to inquiries from customers.</li><li>Fulfillment costs amounted to approximately 13% of net sales, down from 15% of net sales; excluding net sales from our Services segment, fulfillment costs would have been approximately 14%, down from 16%.</li></ul><p><em>Stock-Based Compensation</em></p><ul><li>During the first quarter of 2001, we offered a limited non-compulsory exchange of employee stock options. This option exchange offer results in variable accounting treatment for approximately 13 million stock options at June 30, 2001, which includes approximately 12 million options granted under the exchange offer with an exercise price of $13.375, and options that were subject to the exchange offer but were not exchanged. Variable accounting treatment will result in unpredictable charges or credits, recorded to "Stock-based compensation," dependent on fluctuations in quoted prices for our common stock.</li><li>Stock-based compensation includes stock-based charges resulting from variable accounting treatment, option-related deferred compensation recorded at our initial public offering and certain other compensation and severance arrangements. Stock-based compensation also includes the portion of acquisition-related consideration conditioned on the continued tenure of key employees of certain of our acquired businesses. During the quarter, stock-based compensation related to variable accounting treatment was $4 million, and the termination of certain acquisition-related employees prior to vesting in stock-based compensation awards had the effect of reducing stock-based compensation to $2 million.</li></ul><p><em>Amortization of Goodwill and Other Intangibles</em></p><ul><li>The Financial Accounting Standards Board issued SFAS No. 142 "Goodwill and Other Intangible Assets" which requires use of a non-amortization approach to account for purchased goodwill and certain intangibles, effective January 1, 2002. We expect the adoption of this accounting standard will have the impact, commencing January 1, 2002, of reducing to zero our amortization of goodwill and significantly reducing our amortization of intangibles.</li></ul><p><em>Restructuring-Related and Other</em></p><ul><li>We continued the implementation of our operational restructuring plan to reduce our operating costs, streamline our organizational structure and consolidate certain of our fulfillment and customer service operations. As a result of this initiative, we recorded restructuring and other charges of approximately $114 million during the first quarter and $59 million during the second quarter of 2001. This initiative involved the reduction of employee staff by approximately 1,300 positions throughout the Company in managerial, professional, clerical, technical and fulfillment roles; consolidation of our Seattle corporate office locations; closure of our McDonough, Georgia, fulfillment center; seasonal operation of our Seattle fulfillment center; closure of our customer service centers in Seattle and The Hague, Netherlands; and migration of a large portion of our technology infrastructure to a Linux-based operating platform, which entails ongoing lease obligations for equipment no longer utilized. Each component of the restructuring plan has been substantially completed as of June 30, 2001.</li><li>Costs that relate to ongoing operations are not part of restructuring and other charges. All inventory adjustments that may result from the closure or seasonal operation of our fulfillment centers are classified in "Cost of goods sold" on the consolidated statements of operations. There were no significant inventory write-downs resulting from the restructuring.</li><li>For the quarter ended June 30, 2001, the charges associated with our restructuring were as follows (in thousands):     </li></ul><table><tbody><tr><td>Asset impairments.................................................</td><td><div>$7,225</div></td></tr><tr><td>Continuing lease obligations....................................</td><td><div>49,713</div></td></tr><tr><td>Termination benefits..............................................</td><td><div>(327)</div></td></tr><tr><td>Broker commissions, professional fees and other     miscellaneous restructuring costs.......................</td><td><div>2,039</div></td></tr><tr><td><div>$58,650</div></td></tr></tbody></table><ul><li>Continuing lease obligations primarily relate to technology infrastructure no longer being utilized. Where possible, we are actively seeking third parties to sublease abandoned equipment. Amounts expensed represent estimates of undiscounted future cash outflows, offset by anticipated third-party subleases.</li><li>We anticipate the restructuring charges will result in the following net cash outflows:</li></ul><table><tbody><tr><td><div>(in thousands)</div></td></tr><tr><td><div><u>Leases</u></div></td><td><p>Termination<u>Benefits</u></p></td><td><div><u>Other</u></div></td><td><div><u>Total</u></div></td></tr><tr><td>Year Ending December 31,</td></tr><tr><td>2001..........................................</td><td><div>$35,678</div></td><td><div>$12,108</div></td><td><div>$4,630</div></td><td><div>$52,416</div></td></tr><tr><td>2002..........................................</td><td><div>34,059</div></td><td><div>78</div></td><td><div>3,538</div></td><td><div>37,675</div></td></tr><tr><td>2003..........................................</td><td><div>4,643</div></td><td><div>- </div></td><td><div>- </div></td><td><div>4,643</div></td></tr><tr><td>2004..........................................</td><td><div>1,589</div></td><td><div>- </div></td><td><div>- </div></td><td><div>1,589</div></td></tr><tr><td>2005..........................................</td><td><div>1,563</div></td><td><div>- </div></td><td><div>- </div></td><td><div>1,563</div></td></tr><tr><td>Thereafter.................................</td><td><div>6,473</div></td><td><div>- </div></td><td><div>- </div></td><td><div>6,473</div></td></tr><tr><td>Total estimated cash outflows</td><td><div>$84,005</div></td><td><div>$12,186</div></td><td><div>$8,168</div></td><td><div>$104,359</div></td></tr></tbody></table><blockquote><p>First and second quarter 2001 cash payments resulting from the restructuring, whichare included in the above amounts, were $10 million and $11 million, respectively.</p></blockquote><p><em>Net Interest Expense and Other</em></p><ul><li>Other expense primarily relates to net realized gains and losses on sales of marketable securities, miscellaneous operating taxes and foreign currency transaction losses.</li></ul><p><em>Other Gains</em></p><ul><li>Other gains, net were $11 million for the three months ended June 30, 2001, consisting of the following (in thousands):</li></ul><table><tbody><tr><td>Foreign currency gain on PEACS.........................................................</td><td><div>$22,876</div></td></tr><tr><td>Foreign currency losses on conversion of Euro-denominated investments</td><td>(6,216)</td></tr><tr><td>Other than temporary impairment losses, equity investments.</td><td>(4,858)</td></tr><tr><td>Warrant remeasurements and other....................................................</td><td>(487)</td></tr><tr><td>$11,315</td></tr></tbody></table><ul><li>As of June 30, 2001, our recorded basis in our investment in Webvan Group, Inc., was reduced to zero as Webvan Group, Inc. ceased operations and announced their intentions to file for bankruptcy. We do not expect to recover any portion of our investment in Webvan Group, Inc.</li></ul><p><em>Equity in Losses of Equity-Method Investees</em></p><ul><li>Equity in losses of equity-method investees represents our share of losses of companies in which we have investments that give us the ability to exercise significant influence, but not control, over an investee. Equity-method losses reduce our underlying investment balances until the recorded basis is reduced to zero.</li></ul><p><em>Loss Per Share</em></p><ul><li>The effect of stock options is antidilutive and, accordingly, is excluded from diluted loss per share. If the effect of stock options was included, the number of shares used in computation of diluted loss per share would have been approximately 376 million, compared with 360 million shares used in computation of basic and diluted loss per share for the three months ended June 30, 2001.</li><li>Common stock subject to vested and unvested employee stock options was approximately 42 million shares, or 12% of our outstanding common stock as of June 30, 2001.</li></ul><p>Financial Condition</p><p><em>Cash and Marketable Securities</em></p><ul><li>Cash and marketable securities are impacted by the effect of quarterly fluctuations in foreign currency exchange rates, particularly the Euro.</li><li>Our marketable securities, at fair value, consist of the following, as of June 30, 2001 (in thousands):</li></ul><table><tbody><tr><td>Corporate notes and bonds...................................................</td><td><div>$ 14,898</div></td></tr><tr><td>Asset-backed and agency securities.......................................</td><td>34,346</td></tr><tr><td>Treasury notes and bonds.....................................................</td><td>83,950</td></tr><tr><td>Equity securities..................................................................</td><td>12,826</td></tr><tr><td>$146,020</td></tr></tbody></table><p>Certain Definitions and Other</p><ul><li>Our segment reporting includes four segments: U.S. Books, Music and DVD/Video; U.S. Electronics, Tools and Kitchen; International; and Services. Allocation methodologies are consistent with past presentations.</li><li>The U.S. Books, Music and DVD/Video segment includes revenues, direct costs and cost allocations associated with retail sales from www.amazon.com for books, music and DVD/video products, and includes amounts earned on sales of similar products sold through Amazon Marketplace.</li><li>The U.S. Electronics, Tools and Kitchen segment includes revenues, direct costs and cost allocations associated with www.amazon.com retail sales of Electronics (consumer electronics products, camera and photo items, software, computer and video games, and cell phones and related service), Tools (tools and hardware) and Kitchen (kitchen and housewares products and outdoor living items) products, toys and video games sold other than through our Toysrus.com strategic alliance, and new initiatives, and includes amounts earned on sales of similar products sold through Amazon Marketplace.</li><li>U.S. Retail represents the combination of the U.S. Books, Music and DVD/Video segment and the U.S. Electronics, Tools and Kitchen segment.</li><li>The Services segment includes revenues, direct costs and cost allocations associated with the Company's business-to-business strategic relationships, including our strategic alliance with Toysrus.com, and miscellaneous advertising revenues, as well as amounts from Amazon Auctions, zShops and Payments. Amounts earned from the Services segment are attributed to the U.S.</li><li>U.S. represents the combination of U.S. Retail and the Services segment.</li><li>The International segment includes all revenues, direct costs and cost allocations associated with the retail sales of the Company's four internationally focused sites: www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.co.uk.</li><li>Trailing twelve-month sales per active customer account figures include all amounts earned through Internet sales, including revenue earned from our strategic relationships with selected companies, but exclude catalog sales and sales of inventory to Toysrus.com.</li><li>All references to customers mean customer accounts. Customer accounts exclude the customers of selected companies with whom we have strategic relationships, and customer accounts of our catalog businesses, but include customer accounts shared with Toysrus.com and customers of Amazon Auctions, zShops and Marketplace services.</li></ul></td></tr></tbody></table>
America Online and Amazon.com Announce Expanded Strategic Alliance That Will Create New Shopping Experience for Online Consumers
/news/news-details/2001/America-Online-and-Amazon.com-Announce-Expanded-Strategic-Alliance-That-Will-Create-New-Shopping-Experience-for-Online-Consumers/default.aspx
America-Online-and-Amazon.com-Announce-Expanded-Strategic-Alliance-That-Will-Create-New-Shopping-Experience-for-Online-Consumers
4,268
07/23/2001 00:00:00
America Online and Amazon.com Announce Expanded Strategic Alliance That Will Create New Shopping Experience for Online Consumers
07/23/2001
2001
Industry's Two E-Commerce Leaders Partner to Take AOL's Online Shopping to the Next Level, Combining Amazon.com's Industry-Leading Technology with AOL's Millions of Online Shoppers, Popular Shopping Destinations and Technology; America Online Makes $100 Million Equity Investment in Amazon.com SEATTLE & and DULLES, Va., Jul 23, 2001 -- Amazon.com, Inc. (Nasdaq:AMZN) (www.amazon.com) and America Online (NYSE:AOL), the world's leading interactive services company, today announced a new multi year strategic alliance through which the industry's two e-commerce leaders will team up to develop and offer an enhanced online shopping experience for users of America Online's interactive brands. The new agreement will join Amazon.com's industry-leading platform and online retail expertise with America Online's technology and popular shopping environment to provide an even better online experience for America Online's 30 million members, millions of visitors to its Web-based brands and hundreds of retailers. This new agreement expands on the successful marketing relationship begun between the two companies in 1997. The companies also announced that America Online has made a $100 million equity investment in Amazon.com common stock. In addition, America Online and Amazon.com will continue to work together on future e-commerce initiatives to benefit consumers, such as marketing initiatives, customer authentication and wallet services, and extending the alliance internationally. The companies will combine tailored elements of Amazon.com's powerful and innovative e-commerce technology platform with AOL's understanding of online consumers and popular shopping destinations, to create a rich, multi merchant e-commerce experience for users of Shop@AOL on the AOL service, AOL.COM, CompuServe and Netscape.com, beginning in the 2002 holiday shopping season. Consumers will benefit from Amazon.com's unique Search and Personalization technology as well as product comparisons, ratings, and review services. AOL members spent a record $7.8 billion shopping online in the three months ending in June 2001. In addition, Amazon.com will promote AOL as its exclusive ISP, allowing Amazon.com customers to download the AOL service from areas across Amazon.com with a few simple mouse-clicks. Amazon.com will also promote an online boutique offering a variety of AOL Time Warner products and services, including service subscriptions. The two companies have an existing promotional alliance under which Amazon.com's broad selection of products is promoted across several America Online, Inc. brands, including AOL.COM, Netscape.com, and CompuServe. Amazon.com will continue to own and operate its technology while providing America Online with Search results, Personalization features, product comparisons, ratings, and reviews to enhance the online shopping experience for AOL and CompuServe members and users of America Online's Web-based brands. Barry Schuler, Chairman and Chief Executive Officer of America Online. Inc., said, "Amazon.com provides one of the best user experiences for shopping in the online world. This agreement will enable us to offer Amazon.com's services to our online shoppers, and this, combined with the wide product catalog provided by our merchant partners, will create the best online shopping experience in cyberspace. With almost 75 percent of AOL members shopping online -- and spending almost $8 billion in the last quarter -- it's clear that our members are ready to take advantage of the next-generation shopping opportunities that we'll provide together with Amazon.com. At the same time, we're building on America Online's successful retail strategy, so that, in addition to being marketed through more than 25,000 offline retailers, AOL will now be promoted by the leading online retailer as well." "This is an excellent new relationship for our Platform Services Group," said Jeff Bezos, CEO and founder of Amazon.com. "Amazon.com's e-commerce platform is a unique asset that we've spent more than six years refining. As our recent alliances with Borders and Toysrus.com reflect, we have a demonstrated ability to meet the specific business needs of leading companies. America Online is a true Internet pioneer and we're incredibly excited to be working with them." About America Online America Online, Inc. is a wholly owned subsidiary of AOL Time Warner, Inc. (NYSE:AOL). Based in Dulles, Virginia, America Online is the world's leader in interactive services, Web brands, Internet technologies and e-commerce services. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p><em>Industry's Two E-Commerce Leaders Partner to Take AOL's Online Shopping to the Next Level, Combining Amazon.com's Industry-Leading Technology with AOL's Millions of Online Shoppers, Popular Shopping Destinations and Technology; America Online Makes $100 Million Equity Investment in Amazon.com</em></p><p>SEATTLE &amp; and DULLES, Va., Jul 23, 2001 -- Amazon.com, Inc. (Nasdaq:AMZN) (www.amazon.com) and America Online (NYSE:AOL), the world's leading interactive services company, today announced a new multi year strategic alliance through which the industry's two e-commerce leaders will team up to develop and offer an enhanced online shopping experience for users of America Online's interactive brands.</p><p>The new agreement will join Amazon.com's industry-leading platform and online retail expertise with America Online's technology and popular shopping environment to provide an even better online experience for America Online's 30 million members, millions of visitors to its Web-based brands and hundreds of retailers. This new agreement expands on the successful marketing relationship begun between the two companies in 1997.</p><p>The companies also announced that America Online has made a $100 million equity investment in Amazon.com common stock.</p><p>In addition, America Online and Amazon.com will continue to work together on future e-commerce initiatives to benefit consumers, such as marketing initiatives, customer authentication and wallet services, and extending the alliance internationally.</p><p>The companies will combine tailored elements of Amazon.com's powerful and innovative e-commerce technology platform with AOL's understanding of online consumers and popular shopping destinations, to create a rich, multi merchant e-commerce experience for users of Shop@AOL on the AOL service, AOL.COM, CompuServe and Netscape.com, beginning in the 2002 holiday shopping season. Consumers will benefit from Amazon.com's unique Search and Personalization technology as well as product comparisons, ratings, and review services. AOL members spent a record $7.8 billion shopping online in the three months ending in June 2001.</p><p>In addition, Amazon.com will promote AOL as its exclusive ISP, allowing Amazon.com customers to download the AOL service from areas across Amazon.com with a few simple mouse-clicks. Amazon.com will also promote an online boutique offering a variety of AOL Time Warner products and services, including service subscriptions. The two companies have an existing promotional alliance under which Amazon.com's broad selection of products is promoted across several America Online, Inc. brands, including AOL.COM, Netscape.com, and CompuServe.</p><p>Amazon.com will continue to own and operate its technology while providing America Online with Search results, Personalization features, product comparisons, ratings, and reviews to enhance the online shopping experience for AOL and CompuServe members and users of America Online's Web-based brands.</p><p>Barry Schuler, Chairman and Chief Executive Officer of America Online. Inc., said, "Amazon.com provides one of the best user experiences for shopping in the online world. This agreement will enable us to offer Amazon.com's services to our online shoppers, and this, combined with the wide product catalog provided by our merchant partners, will create the best online shopping experience in cyberspace. With almost 75 percent of AOL members shopping online -- and spending almost $8 billion in the last quarter -- it's clear that our members are ready to take advantage of the next-generation shopping opportunities that we'll provide together with Amazon.com. At the same time, we're building on America Online's successful retail strategy, so that, in addition to being marketed through more than 25,000 offline retailers, AOL will now be promoted by the leading online retailer as well."</p><p>"This is an excellent new relationship for our Platform Services Group," said Jeff Bezos, CEO and founder of Amazon.com. "Amazon.com's e-commerce platform is a unique asset that we've spent more than six years refining. As our recent alliances with Borders and Toysrus.com reflect, we have a demonstrated ability to meet the specific business needs of leading companies. America Online is a true Internet pioneer and we're incredibly excited to be working with them."</p><pre>About America Online</pre><p>America Online, Inc. is a wholly owned subsidiary of AOL Time Warner, Inc. (NYSE:AOL). Based in Dulles, Virginia, America Online is the world's leader in interactive services, Web brands, Internet technologies and e-commerce services.</p><pre>About Amazon.com</pre><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, cell phones and service, tools and hardware, and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's over 35 million cumulative customer accounts, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, strategic alliances, strategic partnerships and business combinations, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, risks of system interruption, international expansion, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon.com Announces Agreement with AT&T Wireless
/news/news-details/2001/Amazon.com-Announces-Agreement-with-ATT-Wireless/default.aspx
Amazon.com-Announces-Agreement-with-ATT-Wireless
4,269
07/20/2001 00:00:00
Amazon.com Announces Agreement with AT&T Wireless
07/20/2001
2001
AT&T "Digital PocketNet" Subscribers Now Have Access to Virtually All of Amazon's Catalog and Can Purchase with Just "1-Click Technology" SEATTLE--July 20, 2001--Global online retailer Amazon.com (Nasdaq:AMZN) recently launched a new alliance with AT&T Wireless (NYSE:AWE), giving all AT&T Digital PocketNet(R) customers access to Amazon.com's wireless website via their Internet-ready wireless phones. The service utilizes Amazon's proprietary technology and Amazon Anywhere platform, which incorporates many of Amazon.com's patented features, such as 1-Click(TM) Technology ordering, Recommendations, Customers Reviews and All Product Search. With this agreement Amazon Anywhere now has global alliances with 12 mobile phone carriers and service providers worldwide. Earlier this year, it announced wireless i-mode access of its Japanese site, www.amazon.co.jp. "By accessing virtually all of our catalog via their mobile devices, AT&T Wireless' mobile Internet customers will be able to shop with Amazon.com more conveniently and with greater ease than ever before," said Robert Frederick, Manager, Amazon Anywhere. "Over the past two years, we have been hard at work developing the best mobile commerce platform tailored to meet our customers' changing needs." Using their wireless Internet-ready phones, AT&T Digital PocketNet customers can now purchase from nearly all of Amazon's stores, including Books, Music, Video, DVD, Electronics, Kitchen and Housewares and Outdoor Living. "Adding Amazon.com to the shopping platform of AT&T Digital PocketNet service is a huge plus for our customers. Now they can access well-known Amazon.com features, such as 1-Click Technology ordering and personal Recommendations, making the service even easier to use," says Kris Cone, director of business development for AT&T Wireless. "Amazon.com's focus on customer-friendly features and services parallels our own commitment to driving mobile commerce forward as we move to more advanced wireless services." AT&T Digital PocketNet customers will also be able to access Amazon's Wish List and Listmania features. Wish List makes gift giving (and receiving) a snap, by ensuring that the gift a customer orders is exactly what the recipients wants, while Listmania allows customers the ability to share their favorite items for other customers to discover and enjoy. Customers will also be able to search and buy fixed-price products from trusted retailers and independent third-party sellers using Amazon's 1-Click Technology and Payments services. About Amazon Anywhere Amazon Anywhere, launched October 1999, is the business division of Amazon.com devoted to non-PC access to Amazon's extensive catalog and services. It is a leader in mobile e-commerce, providing customers with access to Earth's Biggest Selection(R) on Amazon.com's US and international sites from hand-held wireless Internet devices. Amazon Anywhere is available on Internet-ready WAP and i-mode phones, the Palm VII, and other PDA devices. Amazon is currently a world-leading mobile commerce site, with more than 500,000 customers in the U.S. and Europe with WAP and non-PC access of its Amazon.com, Amazon.co.uk, and Amazon.de sites (www.amazon.com/anywhere/; www.amazon.co.uk/anywhere; www.amazon.de/mobil). Amazon Anywhere has global alliances with 12 mobile phone carriers and service providers worldwide. Amazon also recently launched "Version 2" of its i-mode service (http://www.amazon.co.jp/i) for its Japanese site, allowing new and existing Amazon customers in Japan to find, discover and buy Books, Music, DVDs and Video titles from their mobile phones. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, ww.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>AT&amp;T "Digital PocketNet" Subscribers Now Have Access to Virtually All of Amazon's Catalog and Can Purchase with Just "1-Click Technology"</p><p>SEATTLE--July 20, 2001--Global online retailer Amazon.com (Nasdaq:AMZN) recently launched a new alliance with AT&amp;T Wireless (NYSE:AWE), giving all AT&amp;T Digital PocketNet(R) customers access to Amazon.com's wireless website via their Internet-ready wireless phones.</p><p>The service utilizes Amazon's proprietary technology and Amazon Anywhere platform, which incorporates many of Amazon.com's patented features, such as 1-Click(TM) Technology ordering, Recommendations, Customers Reviews and All Product Search. With this agreement Amazon Anywhere now has global alliances with 12 mobile phone carriers and service providers worldwide. Earlier this year, it announced wireless i-mode access of its Japanese site, www.amazon.co.jp.</p><p>"By accessing virtually all of our catalog via their mobile devices, AT&amp;T Wireless' mobile Internet customers will be able to shop with Amazon.com more conveniently and with greater ease than ever before," said Robert Frederick, Manager, Amazon Anywhere. "Over the past two years, we have been hard at work developing the best mobile commerce platform tailored to meet our customers' changing needs."</p><p>Using their wireless Internet-ready phones, AT&amp;T Digital PocketNet customers can now purchase from nearly all of Amazon's stores, including Books, Music, Video, DVD, Electronics, Kitchen and Housewares and Outdoor Living.</p><p>"Adding Amazon.com to the shopping platform of AT&amp;T Digital PocketNet service is a huge plus for our customers. Now they can access well-known Amazon.com features, such as 1-Click Technology ordering and personal Recommendations, making the service even easier to use," says Kris Cone, director of business development for AT&amp;T Wireless. "Amazon.com's focus on customer-friendly features and services parallels our own commitment to driving mobile commerce forward as we move to more advanced wireless services."</p><p>AT&amp;T Digital PocketNet customers will also be able to access Amazon's Wish List and Listmania features. Wish List makes gift giving (and receiving) a snap, by ensuring that the gift a customer orders is exactly what the recipients wants, while Listmania allows customers the ability to share their favorite items for other customers to discover and enjoy. Customers will also be able to search and buy fixed-price products from trusted retailers and independent third-party sellers using Amazon's 1-Click Technology and Payments services.</p><p>About Amazon Anywhere</p><p>Amazon Anywhere, launched October 1999, is the business division of Amazon.com devoted to non-PC access to Amazon's extensive catalog and services. It is a leader in mobile e-commerce, providing customers with access to Earth's Biggest Selection(R) on Amazon.com's US and international sites from hand-held wireless Internet devices. Amazon Anywhere is available on Internet-ready WAP and i-mode phones, the Palm VII, and other PDA devices. Amazon is currently a world-leading mobile commerce site, with more than 500,000 customers in the U.S. and Europe with WAP and non-PC access of its Amazon.com, Amazon.co.uk, and Amazon.de sites (www.amazon.com/anywhere/; www.amazon.co.uk/anywhere; www.amazon.de/mobil). Amazon Anywhere has global alliances with 12 mobile phone carriers and service providers worldwide. Amazon also recently launched "Version 2" of its i-mode service (http://www.amazon.co.jp/i) for its Japanese site, allowing new and existing Amazon customers in Japan to find, discover and buy Books, Music, DVDs and Video titles from their mobile phones.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, ww.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon.com to Webcast Second Quarter 2001 Financial Results Conference Call
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Amazon.com to Webcast Second Quarter 2001 Financial Results Conference Call
07/19/2001
2001
SEATTLE, Jul 19, 2001 -- Amazon.com, Inc. (Nasdaq: AMZN) will Webcast its second quarter 2001 financial results conference call on Monday, July 23, 2001, beginning at 5:00 p.m. EDT / 2:00 p.m. PDT. This conference call will include a discussion of second quarter 2001 financial results and 2001 business outlook, and will contain forward-looking statements and other material information. The conference call will be Webcast live at www.amazon.com/ir and be available through at least September 30, 2001.
<p>SEATTLE, Jul 19, 2001 -- Amazon.com, Inc. (Nasdaq: AMZN) will Webcast its second quarter 2001 financial results conference call on Monday, July 23, 2001, beginning at 5:00 p.m. EDT / 2:00 p.m. PDT. This conference call will include a discussion of second quarter 2001 financial results and 2001 business outlook, and will contain forward-looking statements and other material information. The conference call will be Webcast live at www.amazon.com/ir and be available through at least September 30, 2001.</p>
Amazon.com Introduces e-Documents Store; Expands Digital Product Offering with Content from Industry-Leading Research Firms
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Amazon.com-Introduces-e-Documents-Store-Expands-Digital-Product-Offering-with-Content-from-Industry-Leading-Research-Firms
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Amazon.com Introduces e-Documents Store; Expands Digital Product Offering with Content from Industry-Leading Research Firms
07/19/2001
2001
SEATTLE--July 19, 2001--Amazon.com (www.amazon.com) today announced it has launched an e-Documents store (www.amazon.com/edocuments), further expanding its digital product offerings and significantly broadening the content range available to its more than 32 million cumulative customers. Complementing the e-tailer's book and e-book offerings, e-documents offer customers immediate access to texts that can be difficult to find in print, such as investor research reports, journal articles, reference material, magazine archives and other research documents. e-Documents can be downloaded quickly and read instantly on a computer or as printed hard copies. Focusing initially on addressing consumer demand for market research, a roughly $3 billion dollar category growing 30 percent annually, Amazon.com has created a destination where customers can find thousands of research reports on topics including e-commerce, telecommunications technology, investment and marketing strategies, computer programming, media technologies and more. The store features content from such industry leaders as Accenture, AMI Partners, Business Book Review, CIBC World Markets Corp., Faulkner Information Services, Gartner, Inc., Greenfield Online, Giga Information Group, Inc., Harvard Business Review, IDC, Reuters Business Insight, Zona Research and several others. "Customers want access to timely information and documents while on the Internet. Demand for premium research is at an all-time high, but few places offer a deep online catalog featuring several publishers," said Jeff Blackburn, general manager of the Amazon Worldwide Digital Group. "Through e-documents we can efficiently bring customers a wide selection of non-book digital texts. In addition to market research, we plan to offer downloadable content from vertical markets like education, entertainment, travel and the medical and legal industries. We're just scratching the surface in terms of the types of digital items we can make available for purchase online." Amazon.com's e-documents are easily downloaded to the Adobe Acrobat Reader, available on the site free of charge. Customers can sample the Amazon.com e-document experience by downloading one or all of several free white papers on topics including e-business, enterprise solutions and network computing. "We consider being part of the Amazon.com platform a tremendous opportunity. It is smart business to bring IDC's thought leadership and technology industry expertise to market with a partner we know is committed to providing a top-notch customer experience and that has one of the Internet's largest media-buying customer bases," said Dennis Philbin, senior vice president for Internet products and partners at IDC. Amazon.com launched its e-Books store in November 2000 and has since more than quadrupled its e-book catalog, offering thousands of titles for both Microsoft Reader and the Adobe Acrobat eBook Reader. In February 2001 the company introduced its Free Music Downloads community, designed to help fans discover the music of major-label and independent artists through thousands of free MP3 and Liquid Audio downloads, artist uploads and a unique virtual tip jar; in March it announced the creation of Amazon Worldwide Digital Group, charged with scaling the company's digital platform across product lines and geographies. Customers can explore Amazon.com e-Documents by going to the e-Books & e-Documents section of the Amazon.com Books store, or going directly to www.amazon.com/edocuments. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>SEATTLE--July 19, 2001--Amazon.com (www.amazon.com) today announced it has launched an e-Documents store (www.amazon.com/edocuments), further expanding its digital product offerings and significantly broadening the content range available to its more than 32 million cumulative customers.</p><p>Complementing the e-tailer's book and e-book offerings, e-documents offer customers immediate access to texts that can be difficult to find in print, such as investor research reports, journal articles, reference material, magazine archives and other research documents. e-Documents can be downloaded quickly and read instantly on a computer or as printed hard copies.</p><p>Focusing initially on addressing consumer demand for market research, a roughly $3 billion dollar category growing 30 percent annually, Amazon.com has created a destination where customers can find thousands of research reports on topics including e-commerce, telecommunications technology, investment and marketing strategies, computer programming, media technologies and more. The store features content from such industry leaders as Accenture, AMI Partners, Business Book Review, CIBC World Markets Corp., Faulkner Information Services, Gartner, Inc., Greenfield Online, Giga Information Group, Inc., Harvard Business Review, IDC, Reuters Business Insight, Zona Research and several others.</p><p>"Customers want access to timely information and documents while on the Internet. Demand for premium research is at an all-time high, but few places offer a deep online catalog featuring several publishers," said Jeff Blackburn, general manager of the Amazon Worldwide Digital Group. "Through e-documents we can efficiently bring customers a wide selection of non-book digital texts. In addition to market research, we plan to offer downloadable content from vertical markets like education, entertainment, travel and the medical and legal industries. We're just scratching the surface in terms of the types of digital items we can make available for purchase online."</p><p>Amazon.com's e-documents are easily downloaded to the Adobe Acrobat Reader, available on the site free of charge. Customers can sample the Amazon.com e-document experience by downloading one or all of several free white papers on topics including e-business, enterprise solutions and network computing.</p><p>"We consider being part of the Amazon.com platform a tremendous opportunity. It is smart business to bring IDC's thought leadership and technology industry expertise to market with a partner we know is committed to providing a top-notch customer experience and that has one of the Internet's largest media-buying customer bases," said Dennis Philbin, senior vice president for Internet products and partners at IDC.</p><p>Amazon.com launched its e-Books store in November 2000 and has since more than quadrupled its e-book catalog, offering thousands of titles for both Microsoft Reader and the Adobe Acrobat eBook Reader. In February 2001 the company introduced its Free Music Downloads community, designed to help fans discover the music of major-label and independent artists through thousands of free MP3 and Liquid Audio downloads, artist uploads and a unique virtual tip jar; in March it announced the creation of Amazon Worldwide Digital Group, charged with scaling the company's digital platform across product lines and geographies.</p><p>Customers can explore Amazon.com e-Documents by going to the e-Books &amp; e-Documents section of the Amazon.com Books store, or going directly to www.amazon.com/edocuments. About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon.com Launches New, Regionalized Shipping Rates for International Customers
/news/news-details/2001/Amazon.com-Launches-New-Regionalized-Shipping-Rates-for-International-Customers/default.aspx
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07/18/2001 00:00:00
Amazon.com Launches New, Regionalized Shipping Rates for International Customers
07/18/2001
2001
SEATTLE--July 18, 2001--Amazon.com (Nasdaq:AMZN), the global online retailer, today announced faster and more affordable shipping options for non-U.S. customers of Amazon.com. Shipping rates and times are now segmented into 10 distinct regions, with pricing and transit times based on the distance of that region from Amazon.com's U.S. distribution centers and the volume of exports to that region. In addition, music, movies and software can now be shipped via Standard Shipping, which was previously not an option. "We know our customers appreciate saving time and money when it comes to shipping, so we've acted to greatly improve the customer experience," said Jeff Wilke, senior vice president of operations for Amazon.com. "We really want customers to put our new and improved shipping services to the test and let us show how quickly we can deliver," said Cayce Roy, vice president of transportation for Amazon.com. Amazon.com has expanded its relationship with Deutsche Post Global Mail and its subsidiary DHL to provide the new regionalized shipping services. Under the new shipping categories, Amazon.com is able to offer international customers a significantly faster standard international shipping option with an average transit time of 11 to 21 days, down from 14 to 84 days. Also now available from Deutsche Post is a faster intermediate ship option, called Expedited International Shipping, with a transit time of 5 to 10 days (compared with 7 to 26 days in the past), at a cost savings of up to 35 percent. The new regional categories are Canada, Europe, Asia/Asia Pacific, Japan, Latin America, Australia, Israel, Africa, Middle East and Island Nations. Amazon.com exports products to more than 200 countries around the world. More than 26 percent of Amazon's combined cumulative customer base of 32 million customers is outside of the United States. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>SEATTLE--July 18, 2001--Amazon.com (Nasdaq:AMZN), the global online retailer, today announced faster and more affordable shipping options for non-U.S. customers of Amazon.com.</p><p>Shipping rates and times are now segmented into 10 distinct regions, with pricing and transit times based on the distance of that region from Amazon.com's U.S. distribution centers and the volume of exports to that region.</p><p>In addition, music, movies and software can now be shipped via Standard Shipping, which was previously not an option.</p><p>"We know our customers appreciate saving time and money when it comes to shipping, so we've acted to greatly improve the customer experience," said Jeff Wilke, senior vice president of operations for Amazon.com.</p><p>"We really want customers to put our new and improved shipping services to the test and let us show how quickly we can deliver," said Cayce Roy, vice president of transportation for Amazon.com.</p><p>Amazon.com has expanded its relationship with Deutsche Post Global Mail and its subsidiary DHL to provide the new regionalized shipping services. Under the new shipping categories, Amazon.com is able to offer international customers a significantly faster standard international shipping option with an average transit time of 11 to 21 days, down from 14 to 84 days.</p><p>Also now available from Deutsche Post is a faster intermediate ship option, called Expedited International Shipping, with a transit time of 5 to 10 days (compared with 7 to 26 days in the past), at a cost savings of up to 35 percent.</p><p>The new regional categories are Canada, Europe, Asia/Asia Pacific, Japan, Latin America, Australia, Israel, Africa, Middle East and Island Nations. Amazon.com exports products to more than 200 countries around the world. More than 26 percent of Amazon's combined cumulative customer base of 32 million customers is outside of the United States. About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon.com Launches Software Licensing Center; Gives Small, Midsize and Home Business Customers Easy and Cost-Efficient Way to Order Software Licenses for Multiple Users
/news/news-details/2001/Amazon.com-Launches-Software-Licensing-Center-Gives-Small-Midsize-and-Home-Business-Customers-Easy-and-Cost-Efficient-Way-to-Order-Software-Licenses-for-Multiple-Users/default.aspx
Amazon.com-Launches-Software-Licensing-Center-Gives-Small-Midsize-and-Home-Business-Customers-Easy-and-Cost-Efficient-Way-to-Order-Software-Licenses-for-Multiple-Users
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06/25/2001 00:00:00
Amazon.com Launches Software Licensing Center; Gives Small, Midsize and Home Business Customers Easy and Cost-Efficient Way to Order Software Licenses for Multiple Users
06/25/2001
2001
SEATTLE--June 25, 2001--Amazon.com, Inc. (Nasdaq:AMZN), today launched a software licensing center (www.amazon.com/licensing) within its Software store, adding to its vast selection of products and tools already designed with the small, midsize and home business customer in mind. Amazon.com's new software licensing center offers small, midsize and home businesses an opportunity to save money on software products for multiple users. Instead of purchasing several copies of software packages, organizations can purchase a license for each individual user. The software license gives the user the legal right to use a particular software application. Designed to reduce the expense and overhead costs associated with acquiring, upgrading, storing, maintaining and managing media, packaging and documents, Amazon.com's software licensing center lets customers save up to 20 percent off full retail pricing. Customers will also be able to easily customize the quantity of products they need and tailor their purchasing levels to best fit the organization, whether they need software for five computers or more than 1,000. In addition, the software licensing center will help insulate customers against the cost of software upgrades by offering upgrade advantage options. "The software licensing center is something our small, midsize and home business customers have been asking for," said Brian Birtwistle, general manager of the Amazon Software store. "Open-license software sales to small and medium businesses are projected to grow to two billion dollars this year, an increase of 48 percent over last year. By launching a volume licensing program, we're not only meeting that demand but addressing the needs of our growing small, midsize and home business customer base." Customers will be able to obtain product licenses for software titles from leading software manufacturers, including Microsoft, Symantec, McAfee, Computer Associates and others. In fact, in celebration of the launch, the first 500 customers to purchase two or more licenses for Microsoft's new Office XP suites through Amazon.com's software licensing center will receive a free Visioneer OneTouch 5300 USB scanner from Microsoft. License Online, Inc., the leading provider of volume software licensing solutions over the Internet, will provide volume software licensing technology to Amazon.com's software licensing center. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>SEATTLE--June 25, 2001--Amazon.com, Inc. (Nasdaq:AMZN), today launched a software licensing center (www.amazon.com/licensing) within its Software store, adding to its vast selection of products and tools already designed with the small, midsize and home business customer in mind.</p><p>Amazon.com's new software licensing center offers small, midsize and home businesses an opportunity to save money on software products for multiple users. Instead of purchasing several copies of software packages, organizations can purchase a license for each individual user. The software license gives the user the legal right to use a particular software application.</p><p>Designed to reduce the expense and overhead costs associated with acquiring, upgrading, storing, maintaining and managing media, packaging and documents, Amazon.com's software licensing center lets customers save up to 20 percent off full retail pricing.</p><p>Customers will also be able to easily customize the quantity of products they need and tailor their purchasing levels to best fit the organization, whether they need software for five computers or more than 1,000. In addition, the software licensing center will help insulate customers against the cost of software upgrades by offering upgrade advantage options.</p><p>"The software licensing center is something our small, midsize and home business customers have been asking for," said Brian Birtwistle, general manager of the Amazon Software store. "Open-license software sales to small and medium businesses are projected to grow to two billion dollars this year, an increase of 48 percent over last year. By launching a volume licensing program, we're not only meeting that demand but addressing the needs of our growing small, midsize and home business customer base."</p><p>Customers will be able to obtain product licenses for software titles from leading software manufacturers, including Microsoft, Symantec, McAfee, Computer Associates and others.</p><p>In fact, in celebration of the launch, the first 500 customers to purchase two or more licenses for Microsoft's new Office XP suites through Amazon.com's software licensing center will receive a free Visioneer OneTouch 5300 USB scanner from Microsoft.</p><p>License Online, Inc., the leading provider of volume software licensing solutions over the Internet, will provide volume software licensing technology to Amazon.com's software licensing center. About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
No. 1 Online Japanese Bookseller Amazon.co.jp Launches Music, Video, and DVD Stores
/news/news-details/2001/No.-1-Online-Japanese-Bookseller-Amazon.co.jp-Launches-Music-Video-and-DVD-Stores/default.aspx
No.-1-Online-Japanese-Bookseller-Amazon.co.jp-Launches-Music-Video-and-DVD-Stores
4,274
06/13/2001 00:00:00
No. 1 Online Japanese Bookseller Amazon.co.jp Launches Music, Video, and DVD Stores
06/13/2001
2001
SEATTLE, Jun 13, 2001 -- Amazon.co.jp (http://www.amazon.co.jp), the Japanese-language site of global online retailer Amazon.com (Nasdaq:AMZN), launched its Music, Video, and DVD stores today, with hundreds of thousands of Japanese and imported products. Launched last November as an online bookstore, Amazon.co.jp is the No. 1 online bookseller for Japanese consumers. The Japanese site's new Music, Video, and DVD stores offer many of the features for which Amazon.com is known, including customer reviews, advanced search capability, and similarities as well as extensive editorial content from Amazon.co.jp editors and film and music critics. "I know our customers are going to appreciate the fantastic selection of both foreign and Japanese music and movies available on Amazon.co.jp," said Jeff Bezos, founder and CEO of Amazon.com. "Whether you're looking for the latest J-pop CD from The Yellow Monkey or a DVD biography of our favorite Seattle Mariners' player Ichiro Suzuki or a video of a famous Japanese animation series, you'll find it along with great customer service and fast delivery." "The continuing addition of new products to all four of our international sites is an important part of Amazon.com's drive to profitability," said Diego Piacentini, Amazon.com senior vice president and general manager of International. To that end, Amazon.co.uk launched its Electronics store in May and Amazon.fr launched Software and Video Games in April. Amazon has also announced that Amazon.de will add Electronics and that further initiatives will be launched at all four international sites in the coming year. Since launching Amazon.co.jp, Amazon has more than doubled its customer base in Japan to over 400,000 customers. Amazon.co.jp is offering (Y)500 off any CD, DVD, or Video purchase of (Y)5,000 or more through June 30, 2001, and continuing its free shipping within Japan for orders of (Y)5,000 or more placed via any Amazon.co.jp store. To go directly to Amazon.co.jp's new stores, visit: www.amazon.co.jp/music, www.amazon.co.jp/video, or www.amazon.co.jp/dvd. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in areas such as Electronics, Kitchen & Housewares, Books, Music, DVD, Video, Camera & Photo, Toys & Games, Software, Computer & Video Games, Tools & Hardware, Outdoor Living, and Cell Phones & Service. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de, and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film in 1891 to 2003. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment-center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances, and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ending December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>SEATTLE, Jun 13, 2001 -- Amazon.co.jp (http://www.amazon.co.jp), the Japanese-language site of global online retailer Amazon.com (Nasdaq:AMZN), launched its Music, Video, and DVD stores today, with hundreds of thousands of Japanese and imported products.</p><p>Launched last November as an online bookstore, Amazon.co.jp is the No. 1 online bookseller for Japanese consumers.</p><p>The Japanese site's new Music, Video, and DVD stores offer many of the features for which Amazon.com is known, including customer reviews, advanced search capability, and similarities as well as extensive editorial content from Amazon.co.jp editors and film and music critics.</p><p>"I know our customers are going to appreciate the fantastic selection of both foreign and Japanese music and movies available on Amazon.co.jp," said Jeff Bezos, founder and CEO of Amazon.com. "Whether you're looking for the latest J-pop CD from The Yellow Monkey or a DVD biography of our favorite Seattle Mariners' player Ichiro Suzuki or a video of a famous Japanese animation series, you'll find it along with great customer service and fast delivery."</p><p>"The continuing addition of new products to all four of our international sites is an important part of Amazon.com's drive to profitability," said Diego Piacentini, Amazon.com senior vice president and general manager of International.</p><p>To that end, Amazon.co.uk launched its Electronics store in May and Amazon.fr launched Software and Video Games in April. Amazon has also announced that Amazon.de will add Electronics and that further initiatives will be launched at all four international sites in the coming year.</p><p>Since launching Amazon.co.jp, Amazon has more than doubled its customer base in Japan to over 400,000 customers. Amazon.co.jp is offering (Y)500 off any CD, DVD, or Video purchase of (Y)5,000 or more through June 30, 2001, and continuing its free shipping within Japan for orders of (Y)5,000 or more placed via any Amazon.co.jp store. To go directly to Amazon.co.jp's new stores, visit: www.amazon.co.jp/music, www.amazon.co.jp/video, or www.amazon.co.jp/dvd.</p><pre> About Amazon.com</pre><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in areas such as Electronics, Kitchen &amp; Housewares, Books, Music, DVD, Video, Camera &amp; Photo, Toys &amp; Games, Software, Computer &amp; Video Games, Tools &amp; Hardware, Outdoor Living, and Cell Phones &amp; Service. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de, and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crewmembers dating from the birth of film in 1891 to 2003.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment-center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances, and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ending December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon.com To Webcast Meeting with Analysts
/news/news-details/2001/Amazon.com-To-Webcast-Meeting-with-Analysts/default.aspx
Amazon.com-To-Webcast-Meeting-with-Analysts
4,275
06/01/2001 00:00:00
Amazon.com To Webcast Meeting with Analysts
06/01/2001
2001
SEATTLE--June 1, 2001--Amazon.com, Inc. (Nasdaq:AMZN) will Webcast its annual meeting with analysts on Tuesday June 5, 2001, beginning at 11:00 a.m. EDT/8:00 a.m. PDT. This meeting will be Webcast live at www.amazon.com/ir and be available through at least July 5, 2001.
<p>SEATTLE--June 1, 2001--Amazon.com, Inc. (Nasdaq:AMZN) will Webcast its annual meeting with analysts on Tuesday June 5, 2001, beginning at 11:00 a.m. EDT/8:00 a.m. PDT.</p><p>This meeting will be Webcast live at www.amazon.com/ir and be available through at least July 5, 2001.</p>
BabiesRUS.Com and Amazon.com Launch Co-branded Baby Store
/news/news-details/2001/BabiesRUS.Com-and-Amazon.com-Launch-Co-branded-Baby-Store/default.aspx
BabiesRUS.Com-and-Amazon.com-Launch-Co-branded-Baby-Store
4,276
05/23/2001 00:00:00
BabiesRUS.Com and Amazon.com Launch Co-branded Baby Store
05/23/2001
2001
Online Baby Store Moves to Amazon.com Platform, Extends the Reach of Popular Baby Registry, Improves Shopping Experience for the Web's Best Baby Products Selection. Will Also Feature Exclusive Merchandise and Parenting.com Content FORT LEE, NJ and SEATTLE—(May 23, 2001)—Babiesrus.com, LLC (www.babiesrus.com), an affiliate of Toys "R" Us, Inc. (NYSE: TOY) and the Internet companion to the world's No. 1 baby and juvenile retailer, Babies "R" Us, and Amazon.com (www.amazon.com) (Nasdaq: AMZN) today announced that the two companies are launching a co-branded Baby store at Amazon.com. The new co-branded Baby store extends the reach of Babiesrus.com, its vast selection and its baby registry to Amazon.com's more than 32 million customers and will allow new and expectant parents to add the thousands of baby and parenting books, music, videos and other related baby products at Amazon.com to their baby registry. The co-branded Baby store will operate under the terms of the 10-year Strategic Alliance Agreement announced by Toys "R" Us, Inc.'s Toysrus.com subsidiary and Amazon.com in August 2000. Under the Agreement, Babiesrus.com assumes the merchandising, planning, buying and inventory management of the store's baby and juvenile products; Amazon.com manages all aspects of the online shopping experience, including Web site development, order fulfillment and customer service, and will house Babiesrus.com inventory in its U.S. distribution centers. "Our alliance with Toysrus.com has proven to be a great win for customers, and we've looked forward to taking the next step by introducing the new Babiesrus.com teamed with Amazon.com store since we forged the alliance last August," said Jeff Bezos, Amazon.com founder and CEO. "By teaming with Babiesrus.com, we're able to bring customers vast selection and category expertise from the world's leading resource for baby products and a partner that shares our passionate focus on customer experience." "This transition brings a terrific baby product resource to Amazon.com's more than 32 million customers and allows us to showcase our terrific selection in a superior online shopping experience," said John Barbour, CEO of Toysrus.com, which owns a controlling interest in Babiesrus.com. "Giving Amazon.com customers access to the Babies "R" Us registry allows us to establish an online bond with parents before a child is born and begin a lifelong relationship with even more consumers." The Babiesrus.com teamed with Amazon.com site offers a complete solution for new and expectant parents, providing vast product selection, a seamless shopping experience and information resources that support them from pre-conception through pregnancy and the child's first year. Baby RegistryThe new co-branded store gives customers access to the popular Babies "R" Us registry. Customers now have the convenience and versatility of creating, updating and buying from the registry at the Babiesrus.com teamed with Amazon.com site. Those who set up registries at one of 145 Babies "R" Us or 710 Toys "R" Us stores across the United States can also opt to make them available online. The registry also takes the guesswork and geography out of gift buying and allows faraway friends and relatives to go online and select, buy and send the right gift directly to parents-to-be. New Shopping Tools and ResourcesThe co-branded baby store now offers the experience customers expect from Amazon.com, with Babies "R" Us product selection. Customers can shop by brand or price or from eight different product categories. In addition, new specially designed features make it easy for new and expecting parents to navigate a huge selection of baby and juvenile products: New Parents' Checklists help parents identify essentials they'll need for themselves and their new baby; a comparison tool lets shoppers compare features on a vast range of products to make selections that best suit their lifestyle and budget; pattern browsers invite customers to select from 20 exclusive swatches and see a complete list of items available in that pattern; and those seeking coordinating nursery items can see them in a full room setting. To ease the minds of expectant parents—who typically spend more than $7,000 for basics in baby's first year—and help them make informed purchasing decisions, the co-branded Baby store also provides helpful information from third-party experts, editors from the co-branded store and other new and expecting parents. These include "Your Pregnancy, Your Baby and You,"—a free, opt-in e-mail series that sends parents personalized e-mails from the editors at Parenting.com and Babiesrus.com/Amazon.com that include advice and information for every stage of pregnancy and the baby's first year; and Buying Guides, which provide detailed product information to help customers learn about the features, accessories and price points of products such as strollers, car seats and breast pumps. About Toysrus.comToysrus.com, an affiliate of Toys "R" Us, Inc. founded in May 1999 and based in Fort Lee, N.J., is the world's leading online authority for kids, family and fun. In 2000, Toysrus.com teamed up with Amazon.com to form a co-branded online toy store offering customers an unparalleled toy selection and Internet shopping experience. Toysrus.com teamed with Amazon.com was the No. 1 most visited online retailer during the holiday 2000 season (Nielson/NetRatings) and generated $180 million in sales during fiscal year 2000. Toysrus.com also owns a controlling interest in Babiesrus.com, LLC, which operates a co-branded store on Amazon.com and Toysrus.co.jp, the leading online toy retailer in Japan. In addition to its parent company, Toys "R" Us, Inc., Toysrus.com investors include SOFTBANK Venture Capital. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. As such, they involve risks and uncertainties that could cause actual results to differ materially from those set forth in such forward-looking statements. Toys "R" Us, Inc.'s forward-looking statements are based on assumptions about, or include statements concerning, many important factors, including, without limitation, consumer confidence, changes in discretionary consumer spending and consumer preferences, particularly as they relate to Toys "R" Us, Inc.'s particular merchandise mix and retail locations; Toys "R" Us, Inc.'s ability to effectively implement its merchandising, inventory control, marketing, store remodeling, electronic commerce, and other strategies; increasing competition from other retailers; unseasonable weather; fluctuating sales margins; product availability; capital spending levels; and other risks detailed in Toys "R" Us, Inc.'s Securities and Exchange Commission filings. Toys "R" Us, Inc. undertakes no obligation to release publicly the results of any revisions to these forward-looking statements to reflect events or circumstances after the date such statements were made. About Amazon.comAmazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>Online Baby Store Moves to Amazon.com Platform, Extends the Reach of Popular Baby Registry, Improves Shopping Experience for the Web's Best Baby Products Selection. Will Also Feature Exclusive Merchandise and Parenting.com Content</p><p>FORT LEE, NJ and SEATTLE—(May 23, 2001)—Babiesrus.com, LLC (www.babiesrus.com), an affiliate of Toys "R" Us, Inc. (NYSE: TOY) and the Internet companion to the world's No. 1 baby and juvenile retailer, Babies "R" Us, and Amazon.com (www.amazon.com) (Nasdaq: AMZN) today announced that the two companies are launching a co-branded Baby store at Amazon.com. The new co-branded Baby store extends the reach of Babiesrus.com, its vast selection and its baby registry to Amazon.com's more than 32 million customers and will allow new and expectant parents to add the thousands of baby and parenting books, music, videos and other related baby products at Amazon.com to their baby registry.</p><p>The co-branded Baby store will operate under the terms of the 10-year Strategic Alliance Agreement announced by Toys "R" Us, Inc.'s Toysrus.com subsidiary and Amazon.com in August 2000. Under the Agreement, Babiesrus.com assumes the merchandising, planning, buying and inventory management of the store's baby and juvenile products; Amazon.com manages all aspects of the online shopping experience, including Web site development, order fulfillment and customer service, and will house Babiesrus.com inventory in its U.S. distribution centers.</p><p>"Our alliance with Toysrus.com has proven to be a great win for customers, and we've looked forward to taking the next step by introducing the new Babiesrus.com teamed with Amazon.com store since we forged the alliance last August," said Jeff Bezos, Amazon.com founder and CEO. "By teaming with Babiesrus.com, we're able to bring customers vast selection and category expertise from the world's leading resource for baby products and a partner that shares our passionate focus on customer experience."</p><p>"This transition brings a terrific baby product resource to Amazon.com's more than 32 million customers and allows us to showcase our terrific selection in a superior online shopping experience," said John Barbour, CEO of Toysrus.com, which owns a controlling interest in Babiesrus.com. "Giving Amazon.com customers access to the Babies "R" Us registry allows us to establish an online bond with parents before a child is born and begin a lifelong relationship with even more consumers."</p><p>The Babiesrus.com teamed with Amazon.com site offers a complete solution for new and expectant parents, providing vast product selection, a seamless shopping experience and information resources that support them from pre-conception through pregnancy and the child's first year.</p><p>Baby RegistryThe new co-branded store gives customers access to the popular Babies "R" Us registry. Customers now have the convenience and versatility of creating, updating and buying from the registry at the Babiesrus.com teamed with Amazon.com site. Those who set up registries at one of 145 Babies "R" Us or 710 Toys "R" Us stores across the United States can also opt to make them available online. The registry also takes the guesswork and geography out of gift buying and allows faraway friends and relatives to go online and select, buy and send the right gift directly to parents-to-be.</p><p>New Shopping Tools and ResourcesThe co-branded baby store now offers the experience customers expect from Amazon.com, with Babies "R" Us product selection. Customers can shop by brand or price or from eight different product categories. In addition, new specially designed features make it easy for new and expecting parents to navigate a huge selection of baby and juvenile products: New Parents' Checklists help parents identify essentials they'll need for themselves and their new baby; a comparison tool lets shoppers compare features on a vast range of products to make selections that best suit their lifestyle and budget; pattern browsers invite customers to select from 20 exclusive swatches and see a complete list of items available in that pattern; and those seeking coordinating nursery items can see them in a full room setting.</p><p>To ease the minds of expectant parents—who typically spend more than $7,000 for basics in baby's first year—and help them make informed purchasing decisions, the co-branded Baby store also provides helpful information from third-party experts, editors from the co-branded store and other new and expecting parents. These include "Your Pregnancy, Your Baby and You,"—a free, opt-in e-mail series that sends parents personalized e-mails from the editors at Parenting.com and Babiesrus.com/Amazon.com that include advice and information for every stage of pregnancy and the baby's first year; and Buying Guides, which provide detailed product information to help customers learn about the features, accessories and price points of products such as strollers, car seats and breast pumps.</p><p>About Toysrus.comToysrus.com, an affiliate of Toys "R" Us, Inc. founded in May 1999 and based in Fort Lee, N.J., is the world's leading online authority for kids, family and fun. In 2000, Toysrus.com teamed up with Amazon.com to form a co-branded online toy store offering customers an unparalleled toy selection and Internet shopping experience. Toysrus.com teamed with Amazon.com was the No. 1 most visited online retailer during the holiday 2000 season (Nielson/NetRatings) and generated $180 million in sales during fiscal year 2000. Toysrus.com also owns a controlling interest in Babiesrus.com, LLC, which operates a co-branded store on Amazon.com and Toysrus.co.jp, the leading online toy retailer in Japan. In addition to its parent company, Toys "R" Us, Inc., Toysrus.com investors include SOFTBANK Venture Capital.</p><p>This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. As such, they involve risks and uncertainties that could cause actual results to differ materially from those set forth in such forward-looking statements. Toys "R" Us, Inc.'s forward-looking statements are based on assumptions about, or include statements concerning, many important factors, including, without limitation, consumer confidence, changes in discretionary consumer spending and consumer preferences, particularly as they relate to Toys "R" Us, Inc.'s particular merchandise mix and retail locations; Toys "R" Us, Inc.'s ability to effectively implement its merchandising, inventory control, marketing, store remodeling, electronic commerce, and other strategies; increasing competition from other retailers; unseasonable weather; fluctuating sales margins; product availability; capital spending levels; and other risks detailed in Toys "R" Us, Inc.'s Securities and Exchange Commission filings. Toys "R" Us, Inc. undertakes no obligation to release publicly the results of any revisions to these forward-looking statements to reflect events or circumstances after the date such statements were made.</p><p>About Amazon.comAmazon.com (Nasdaq: AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon.com Launches ''In Theaters'' Tab; Amazon.com to Partner With Leading Studios to Promote Theatrical Releases
/news/news-details/2001/Amazon.com-Launches-In-Theaters-Tab-Amazon.com-to-Partner-With-Leading-Studios-to-Promote-Theatrical-Releases/default.aspx
Amazon.com-Launches-In-Theaters-Tab-Amazon.com-to-Partner-With-Leading-Studios-to-Promote-Theatrical-Releases
4,277
05/18/2001 00:00:00
Amazon.com Launches ''In Theaters'' Tab; Amazon.com to Partner With Leading Studios to Promote Theatrical Releases
05/18/2001
2001
Free service provides moviegoers with recommendations, theater showtimes, candid customer ratings and other convenient site features SEATTLE--May 18, 2001--Amazon.com (Nasdaq:AMZN) today announced the launch of a new tab, In Theaters. This free, online service offers personalized movie theater showtimes based on a customer's ZIP code, all of the convenient Amazon.com site and navigation features, and candid customer and editorial reviews of films currently in movie theaters. Amazon.com also announced today it will be working with major movie studios to help promote new theatrical films, using personalized movie showtimes, content and reviews, delivered through Amazon.com's Web site, IMDb.com and other customer communication channels. As the No. 1 online retailer of media products -- movies, soundtracks, books, software and more -- Amazon.com is in a unique position to recommend specific films to its millions of customers in a personalized way, based on customers' past purchase history. By introducing customers to films they are likely to enjoy, while these films are in theatrical release, Amazon.com offers an efficient, targeted online marketing channel to studios while extending its ongoing mission to help customers find and discover products they'll love. The first manifestation of this online theatrical marketing program is a new marketing relationship between Buena Vista Pictures Marketing and Amazon.com. Amazon.com is currently partnering with Touchstone Pictures to promote Pearl Harbor, one of this year's most eagerly anticipated films, to Amazon.com's millions of customers by leveraging its platform and Web site. The promotion has already begun and will extend throughout Pearl Harbor's theatrical release. Terms of the deal with Buena Vista Pictures Marketing were not disclosed. "Amazon.com's new In Theaters service opens up a highly targeted and efficient new online marketing channel for theatrical releases," said Jeff Bezos, CEO and founder of Amazon.com. "We're using our advanced technology to help people pick the perfect movie for them." In Theaters, Amazon.com's newest tab, was created in collaboration with IMDb.com, the world's largest database of information on movies, to provide movie fans with the following tools and services to help them discover theatrical releases they'll love: Movie Showtimes: This free online service offers personalized movie showtimes based on a customer's ZIP code. Amazon.com's Web site displays movie showtimes for current movies playing on more than 30,000 screens in the U.S., representing every major metropolitan area. Personalized Movie Showtimes E-mail: Amazon.com is now providing movie fans with a free weekly movie showtimes e-mail that offers personalized movie showtimes based on a customer's ZIP code. In addition to showtimes, the weekly e-mail will contain reviews, photos and cast information. Personalized e-mails that arrive in customers' e-mail inboxes by Friday morning of each week are the most convenient way for movie fans to decide which films to see at movie theaters in their area. Site Features: In Theaters, a new tab on the Amazon.com Web site, includes all of the convenient site and navigation features that Amazon.com customers have come to know and love, including: customer reviews, similarities, search, browse, detail pages, weekly polls, personalized recommendations based on similarities, streaming movie trailers and a dedicated In Theaters home page. Amazon.com's In Theaters tab will also feature unique content from its partner site, IMDb.com, including quotes, trivia and cast lists. Leveraging Technology to Remove the Guesswork: Amazon.com will help customers choose exactly the right film to see in theaters each week by utilizing the following: Viewer Favorites List: This regularly updated feature will provide a list of the films currently playing in theaters which have recently received the best ratings and reviews from Amazon.com customers. Candid Customer Reviews and Ratings: Amazon.com will use customer reviews and ratings, among the most popular Amazon.com site features, to provide candid Amazon.com customer feedback on movies while they are still in theaters. Movie fans can make their opinions heard and help other customers make informed choices in the process. Expert Editorial Reviews: To complement customer reviews, Amazon.com will offer film reviews from its expert editorial staff. Personalized recommendations of specific films based on past purchase history: In the same way Amazon.com has been recommending specific books, CDs, and videos to its customers over the years based on past purchase history, so too will this technology be extended to recommending theatrical films. For example, the upcoming Pearl Harbor film could be recommended to customers who purchased World War II books and movies, and fans of Disney DVDs could be introduced to the upcoming animated film Atlantis. Amazon.com also recently launched a dedicated Pearl Harbor store, www.amazon.com/pearlharbor, featuring content from the film -- including the movie trailer -- along with related CDs, books, VHS and DVD films, software and other relevant products from Amazon.com's vast catalog. Amazon.com's In Theaters tab is accessible via Amazon.com's home page or by going directly to www.amazon.com/intheaters. About Amazon.com, Inc. Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003. About the Internet Movie Database (IMDb.com) The Internet Movie Database (located at www.IMDb.com) is the Web's most comprehensive and authoritative source of information on movies and the film industry. IMDb.com offers a searchable database of more than 275,000 movies and entertainment programs. Coverage spans from major Hollywood films, to documentary, foreign, independent, and straight-to-video releases. With an unparalleled depth of information and never-exhausted search capabilities, IMDb.com houses information on nearly 1 million industry cast and crew members from the birth of motion pictures in 1891 to future releases scheduled through 2003. Site features include cast lists, quotes, trivia, reviews, box office data, celebrity biographies, photographs and streaming trailers. Highly regarded among both consumers and industry influencers, IMDb.com has won numerous "Best Movie Site" awards from publications such as Forbes, Yahoo Internet Life, Webby Awards and Parade. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.
<p>Free service provides moviegoers with recommendations, theater showtimes, candid customer ratings and other convenient site features</p><p>SEATTLE--May 18, 2001--Amazon.com (Nasdaq:AMZN) today announced the launch of a new tab, In Theaters.</p><p>This free, online service offers personalized movie theater showtimes based on a customer's ZIP code, all of the convenient Amazon.com site and navigation features, and candid customer and editorial reviews of films currently in movie theaters.</p><p>Amazon.com also announced today it will be working with major movie studios to help promote new theatrical films, using personalized movie showtimes, content and reviews, delivered through Amazon.com's Web site, IMDb.com and other customer communication channels. As the No. 1 online retailer of media products -- movies, soundtracks, books, software and more -- Amazon.com is in a unique position to recommend specific films to its millions of customers in a personalized way, based on customers' past purchase history. By introducing customers to films they are likely to enjoy, while these films are in theatrical release, Amazon.com offers an efficient, targeted online marketing channel to studios while extending its ongoing mission to help customers find and discover products they'll love.</p><p>The first manifestation of this online theatrical marketing program is a new marketing relationship between Buena Vista Pictures Marketing and Amazon.com. Amazon.com is currently partnering with Touchstone Pictures to promote Pearl Harbor, one of this year's most eagerly anticipated films, to Amazon.com's millions of customers by leveraging its platform and Web site. The promotion has already begun and will extend throughout Pearl Harbor's theatrical release. Terms of the deal with Buena Vista Pictures Marketing were not disclosed.</p><p>"Amazon.com's new In Theaters service opens up a highly targeted and efficient new online marketing channel for theatrical releases," said Jeff Bezos, CEO and founder of Amazon.com. "We're using our advanced technology to help people pick the perfect movie for them."</p><p>In Theaters, Amazon.com's newest tab, was created in collaboration with IMDb.com, the world's largest database of information on movies, to provide movie fans with the following tools and services to help them discover theatrical releases they'll love:</p><ul><li><p>Movie Showtimes: This free online service offers personalized movie showtimes based on a customer's ZIP code. Amazon.com's Web site displays movie showtimes for current movies playing on more than 30,000 screens in the U.S., representing every major metropolitan area.</p></li><li><p>Personalized Movie Showtimes E-mail: Amazon.com is now providing movie fans with a free weekly movie showtimes e-mail that offers personalized movie showtimes based on a customer's ZIP code. In addition to showtimes, the weekly e-mail will contain reviews, photos and cast information. Personalized e-mails that arrive in customers' e-mail inboxes by Friday morning of each week are the most convenient way for movie fans to decide which films to see at movie theaters in their area.</p></li><li><p>Site Features: In Theaters, a new tab on the Amazon.com Web site, includes all of the convenient site and navigation features that Amazon.com customers have come to know and love, including: customer reviews, similarities, search, browse, detail pages, weekly polls, personalized recommendations based on similarities, streaming movie trailers and a dedicated In Theaters home page. Amazon.com's In Theaters tab will also feature unique content from its partner site, IMDb.com, including quotes, trivia and cast lists.</p></li><li><p>Leveraging Technology to Remove the Guesswork: Amazon.com will help customers choose exactly the right film to see in theaters each week by utilizing the following:</p></li><li><p>Viewer Favorites List: This regularly updated feature will provide a list of the films currently playing in theaters which have recently received the best ratings and reviews from Amazon.com customers.</p></li><li><p>Candid Customer Reviews and Ratings: Amazon.com will use customer reviews and ratings, among the most popular Amazon.com site features, to provide candid Amazon.com customer feedback on movies while they are still in theaters. Movie fans can make their opinions heard and help other customers make informed choices in the process.</p></li><li><p>Expert Editorial Reviews: To complement customer reviews, Amazon.com will offer film reviews from its expert editorial staff.</p></li><li><p>Personalized recommendations of specific films based on past purchase history: In the same way Amazon.com has been recommending specific books, CDs, and videos to its customers over the years based on past purchase history, so too will this technology be extended to recommending theatrical films. For example, the upcoming Pearl Harbor film could be recommended to customers who purchased World War II books and movies, and fans of Disney DVDs could be introduced to the upcoming animated film Atlantis.</p></li></ul><p>Amazon.com also recently launched a dedicated Pearl Harbor store, www.amazon.com/pearlharbor, featuring content from the film -- including the movie trailer -- along with related CDs, books, VHS and DVD films, software and other relevant products from Amazon.com's vast catalog.</p><p>Amazon.com's In Theaters tab is accessible via Amazon.com's home page or by going directly to www.amazon.com/intheaters. About Amazon.com, Inc.</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 275,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003. About the Internet Movie Database (IMDb.com)</p><p>The Internet Movie Database (located at www.IMDb.com) is the Web's most comprehensive and authoritative source of information on movies and the film industry. IMDb.com offers a searchable database of more than 275,000 movies and entertainment programs. Coverage spans from major Hollywood films, to documentary, foreign, independent, and straight-to-video releases. With an unparalleled depth of information and never-exhausted search capabilities, IMDb.com houses information on nearly 1 million industry cast and crew members from the birth of motion pictures in 1891 to future releases scheduled through 2003. Site features include cast lists, quotes, trivia, reviews, box office data, celebrity biographies, photographs and streaming trailers. Highly regarded among both consumers and industry influencers, IMDb.com has won numerous "Best Movie Site" awards from publications such as Forbes, Yahoo Internet Life, Webby Awards and Parade.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, risks of system interruption, consumer trends, risk of fulfillment center optimization, inventory risks, limited operating history, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000, and all subsequent Quarterly Reports on Form 10-Q.</p>
Amazon.com Releases 2001 First Quarter Results; Net Sales Up 22% -- Strong Sales in Electronics and International; Gross Profit Up 43%
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Amazon.com-Releases-2001-First-Quarter-Results-Net-Sales-Up-22----Strong-Sales-in-Electronics-and-International-Gross-Profit-Up-43
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Amazon.com Releases 2001 First Quarter Results; Net Sales Up 22% -- Strong Sales in Electronics and International; Gross Profit Up 43%
04/24/2001
2001
SEATTLE--April 24, 2001--Company Takes Previously Announced Restructuring Charges Amazon.com, Inc. (Nasdaq:AMZN) today announced financial results for the first quarter ended March 31, 2001. Net sales were at the top end of the company's guidance, increasing 22 percent to $700 million, compared with $574 million in the first quarter of 2000. Gross profit for the quarter was $183 million, compared with $128 million for the first quarter of 2000, an increase of 43 percent. With another quarter of strong revenue growth, Electronics remained the company's second-biggest U.S. store, while net sales from Amazon.com's four international sites rose to $132 million, an increase of 76 percent from the first quarter of 2000. Pro forma operating loss was $49 million in the first quarter of 2001, compared with a pro forma operating loss of $99 million in the first quarter of 2000. This marks the fifth sequential quarter in which pro forma absolute dollar operating losses have declined. The company posted a pro forma net loss of $0.21 per share, compared with $0.35 per share in the prior year quarter. A detailed reconciliation of GAAP to pro forma is included with the attached financial statements. Net loss (GAAP) for the quarter was $234 million, or $0.66 per share. Excluding $114 million, which represents this quarter's portion of previously announced restructuring and other charges, and excluding a net gain of $23 million for certain other items, the net loss for the quarter would have been $143 million, or $0.40 per share. First quarter 2000 net loss was $308 million, or $0.90 per share. Amazon.com ended the quarter with $643 million in cash and marketable securities. "This was another quarter of significant progress for Amazon.com we are on track to reach our objective of pro forma operating profitability in the coming December quarter," said Warren Jenson, Amazon.com's chief financial officer. "We're working hard every day to innovate, making Amazon.com even better for customers, and we're grateful for their response. Cumulative customer accounts grew to over 32 million, which includes 6 million international customers," said Jeff Bezos, founder and CEO of Amazon.com. "Again this quarter our customers responded with particularly strong purchase levels in our electronics, tools and kitchen stores and from our international sites." On January 30, 2001, the company announced a reduction in its corporate staffing and a consolidation of its fulfillment and customer service center networks. The company took restructuring and other charges of $114 million during the first quarter of 2001, and expects to take additional restructuring and other charges of over $50 million during the second quarter of the year. Highlights of First Quarter Results (all comparisons are with the prior year quarter) Net sales rose 22% to $700 million. Gross profit increased 43% to $183 million. Worldwide, 3 million new customers ordered, including 1 million new International customers. Pro forma loss from operations was $49 million, or 7% of net sales, compared with $99 million, or 17% of net sales. Pro forma net loss was $0.21 per share, compared with $0.35 per share. Net loss (GAAP) was $234 million, or $0.66 per share, down from $308 million, or $0.90 per share, an improvement of more than 24%. Excluding $114 million for this quarter's portion of previously announced restructuring and other charges, and excluding a net gain of $23 million for certain other items, the net loss would have been $143 million, or $0.40 per share. Cash and marketable securities were $643 million at March 31, 2001. Pro forma information regarding Amazon.com's results from operations is provided as a complement to results provided in accordance with accounting principles generally accepted in the United States (GAAP). Pro forma operating loss excludes stock-based compensation costs, amortization of goodwill and other intangibles, and impairment-related and other costs (including restructuring and other charges). Management measures the progress of the business using this pro forma information. Pro forma net loss excludes stock-based compensation costs, amortization of goodwill and other intangibles, impairment-related and other costs (including restructuring and other charges), non-cash gains and losses, equity in losses of equity-method investees, and the cumulative effect of change in accounting principle. Operational Highlights Amazon.com and Borders Group, Inc., (NYSE:BGP) announced an agreement to re-launch Borders.com as a co-branded Web site powered by Amazon.com's e-commerce platform. Amazon Marketplace gross merchandise sales in March 2001 nearly doubled over December 2000, and over a quarter of a million Amazon.com customers have already made at least one purchase from Amazon Marketplace, a new service that allows customers to buy and sell used and collectible items directly from Amazon.com's product detail pages. Amazon.com launched the Amazon Honor System (www.amazon.com/honor), now with over 1,000 participating Web sites, enabling online visitors to easily "tip" their favorite sites or to pay for access to premium content. Amazon.com's Worldwide Digital Group launched three new initiatives: a Software Downloads store (www.amazon.com/software); a global alliance to offer the Adobe (Nasdaq:ADBE) Acrobat eBook Reader(TM) software in Amazon.com's e-Books store (www.amazon.com/ebooks), which offers nearly 2,000 Adobe Portable Document Format-based eBooks; and a new free music downloads community (www.amazon.com/music-downloads), designed to help fans discover the music of major-label and independent artists through thousands of free MP3 and Liquid Audio downloads and artist uploads. The Trilogy/Fortune Survey on Customer Relations 2001 named Amazon.com the best non-Fortune 500 company overall at managing customer relations. Business Outlook The following forward-looking statements reflect Amazon.com's expectations as of April 24, 2001. Given the potential changes in general economic conditions and consumer spending, the emerging nature of online retail, and the various other risk factors discussed below, actual results may differ materially. The company intends to continue its practice of not updating forward-looking statements other than in publicly available statements. Second Quarter 2001 Expectations Net sales are expected to be between $650 million and $700 million. Gross margin is expected to be between 23 and 26 percent of net sales. Absolute pro forma operating losses are expected to be flat to slightly improved from the first quarter of 2001. Cash and marketable securities are expected to be approximately $600 million as of June 30, 2001, and approximately $900 million at December 31, 2001. Full Year 2001 Expectations Net sales are expected to increase between 20 and 30 percent over 2000. Pro forma operating losses are expected to be between 3 and 6 percent of net sales for the year, with pro forma operating profitability expected in the fourth quarter. Cash and marketable securities are expected to be approximately $900 million at December 31, 2001. These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, among others, the rate of growth of the Internet and online commerce, customer spending patterns, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared to services, risks of inventory management, the degree to which the company enters into service relationships and other strategic transactions, fluctuations in the value of securities and non-cash payments Amazon.com receives in connection with such transactions, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, system interruption, consumer trends, fulfillment center optimization, inventory, limited operating history, fraud and Amazon Payments, and new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000. Conference Call A conference call to discuss first quarter 2001 financial results and 2001 business outlook will be Webcast live on Tuesday, April 24, 2001, at 5:00 p.m. EDT/2:00 p.m. PDT. This conference call will be available at www.amazon.com/ir through June 30, 2001, and will contain forward-looking statements and other material information. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 250,000 movies and entertainment titles and one million cast and crew members dating from the birth of film in 1891 to 2003. AMAZON.COM, INC. Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended March 31, ---------------------- 2001 2000 --------- --------- Net sales $ 700,356 $ 573,889 Cost of sales 517,759 445,755 --------- --------- Gross profit 182,597 128,134 Operating expenses: Fulfillment 98,248 99,463 Marketing 36,638 40,648 Technology and content 70,284 61,244 General and administrative 26,028 26,045 Stock-based compensation 2,916 13,652 Amortization of goodwill and other intangibles 50,831 82,955 Impairment-related and other 114,260 2,019 --------- --------- Total operating expenses 399,205 326,026 --------- --------- Loss from operations (216,608) (197,892) Interest income 9,950 10,126 Interest expense (33,748) (27,621) Other expense, net (3,884) (4,774) Non-cash gains and losses, net 33,857 -- --------- --------- Net interest income (expense) and other 6,175 (22,269) --------- --------- Loss before equity in losses of equity-method investees (210,433) (220,161) Equity in losses of equity-method investees, net (13,175) (88,264) --------- --------- Net loss before change in accounting principle (223,608) (308,425) Cumulative effect of change in accounting principle (10,523) -- --------- --------- Net loss $(234,131) $(308,425) ========= ========= Basic and diluted loss per share: Prior to cumulative effect of change in accounting principle $ (0.63) $ (0.90) Cumulative effect of change in accounting principle (0.03) -- --------- --------- $ (0.66) $ (0.90) ========= ========= Shares used in computation of basic and diluted loss per share 357,424 343,884 ========= ========= Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements. AMAZON.COM, INC. Pro Forma Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended March 31, 2001 ------------------------------------- Pro Forma As Reported Adjustments Pro Forma ------------------------------------- Net sales $ 700,356 -- $ 700,356 Cost of sales 517,759 -- 517,759 ------------------------------------- Gross profit 182,597 -- 182,597 Operating expenses: Fulfillment 98,248 -- 98,248 Marketing 36,638 -- 36,638 Technology and content 70,284 -- 70,284 General and administrative 26,028 -- 26,028 Stock-based compensation 2,916 (2,916) -- Amortization of goodwill and other intangibles 50,831 (50,831) -- Impairment-related and other 114,260 (114,260) -- ------------------------------------- Total operating expenses 399,205 (168,007) 231,198 ------------------------------------- Loss from operations (216,608) 168,007 (48,601) Interest income 9,950 -- 9,950 Interest expense (33,748) -- (33,748) Other expense, net (3,884) -- (3,884) Non-cash gains and losses, net 33,857 (33,857) -- ------------------------------------- Net interest expense and other 6,175 (33,857) (27,682) ------------------------------------- Loss before equity in losses of equity-method investees (210,433) 134,150 (76,283) Equity in losses of equity-method investees, net (13,175) 13,175 -- Net loss before change in accounting principle (223,608) 147,325 (76,283) Cumulative effect of change in accounting principle (10,523) 10,523 -- ------------------------------------- Net loss $(234,131) $ 157,848 $ (76,283) ===================================== Basic and diluted loss per share: Prior to cumulative effect of change in accounting principle $ (0.63) $ (0.21) Cumulative effect of change in accounting principle (0.03) -- --------- --------- $ (0.66) $ (0.21) ========= ========= Shares used in computation of basic and diluted loss per share 357,424 357,424 ========= ========= Three Months Ended March 31, 2000 ------------------------------------- Pro Forma As Reported Adjustments Pro Forma ------------------------------------- Net sales $ 573,889 -- $ 573,889 Cost of sales 445,755 -- 445,755 ------------------------------------- Gross profit 128,134 -- 128,134 Operating expenses: Fulfillment 99,463 -- 99,463 Marketing 40,648 -- 40,648 Technology and content 61,244 -- 61,244 General and administrative 26,045 -- 26,045 Stock-based compensation 13,652 (13,652) -- Amortization of goodwill and other intangibles 82,955 (82,955) -- Impairment-related and other 2,019 (2,019) -- ------------------------------------- Total operating expenses 326,026 (98,626) 227,400 ------------------------------------- Loss from operations (197,892) 98,626 (99,266) Interest income 10,126 -- 10,126 Interest expense (27,621) -- (27,621) Other expense, net (4,774) -- (4,774) Non-cash gains and losses, net -- -- -- ------------------------------------- Net interest expense and other (22,269) -- (22,269) ------------------------------------- Loss before equity in losses of equity-method investees (220,161) 98,626 (121,535) Equity in losses of equity-method investees, net (88,264) 88,264 -- ------------------------------------- Net loss before change in accounting principle (308,425) 186,890 (121,535) Cumulative effect of change in accounting principle -- -- -- ------------------------------------- Net loss $(308,425) $ 186,890 $(121,535) ===================================== Basic and diluted loss per share: Prior to cumulative effect of change in accounting principle $ (0.90) $ (0.35) Cumulative effect of change in accounting principle -- -- --------- --------- $ (0.90) $ (0.35) ========= ========= Shares used in computation of basic and diluted loss per share 343,884 343,884 ========= ========= Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements. AMAZON.COM, INC. Segment Information (in thousands) (unaudited) Three Months Ended March 31, 2001 --------------------------------------------------- U.S. Retail ------------------------ Books, Electronics, Music Tools and DVD/ and Consol- Video Kitchen Total Int'l Services idated --------------------------------------------------- Net sales $409,586 $116,507 $526,093 $132,105 $42,158 $700,356 Gross profit 109,119 17,220 126,339 28,050 28,208 182,597 Pro forma income (loss) from operations 27,625 (45,833) (18,208) (34,569) 4,176 (48,601) Other non-cash operating expenses (168,007) Net interest expense and other 6,175 Equity in losses of equity-method investees, net (13,175) Cumulative effect of change in accounting principle (10,523) ----------- Net loss $ (234,131) =========== Segment highlights: Y / Y net sales growth 2% 56% 11% 76% 85% 22% Y / Y gross profit growth 32% 144% 41% 75% 27% 43% Gross margin 27% 15% 24% 21% 67% 26% Pro forma operating margin 7% (39%) (3%) (26%) 10% (7%) Three Months Ended March 31, 2000 --------------------------------------------------- U.S. Retail ------------------------ Books, Electronics, Music Tools and DVD/ and Consol- Video Kitchen Total Int'l Services idated --------------------------------------------------- Net sales $401,415 $74,596 $476,011 $75,132 $22,746 $573,889 Gross profit 82,855 7,059 89,914 16,036 22,184 128,134 Pro forma loss from operations (2,425) (67,249) (69,674) (27,448) (2,144) (99,266) Other non-cash operating expenses (98,626) Net interest expense and other (22,269) Equity in losses of equity-method investees, net (88,264) Cumulative effect of change in accounting principle -- --------- Net loss $(308,425) ========= Segment highlights: Y / Y net sales growth 50% N/A 78% 192% N/A 95% Y / Y gross profit growth 40% N/A 51% 211% N/A 98% Gross margin 21% 9% 19% 21% 98% 22% Pro forma operating margin (1%) (90%) (15%) (37%) (9%) (17%) Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements. AMAZON.COM, INC. Balance Sheets (in thousands, except per share data) (unaudited) MARCH 31, DECEMBER 31, 2001 2000 ------------ ----------- ASSETS Current assets: Cash and cash equivalents $ 446,944 $ 822,435 Marketable securities 196,029 278,087 Inventories 155,562 174,563 Prepaid expenses and other current assets 57,175 86,044 ----------- ----------- Total current assets 855,710 1,361,129 Fixed assets, net 304,179 366,416 Goodwill, net 123,996 158,990 Other intangibles, net 80,424 96,335 Investments in equity-method investees 22,539 52,073 Other equity investments 28,503 40,177 Other assets 54,804 60,049 ----------- ----------- Total assets $ 1,470,155 $ 2,135,169 =========== =========== LIABILITIES AND STOCKHOLDERS' DEFICIT Current liabilities: Accounts payable $ 257,411 $ 485,383 Accrued expenses and other current liabilities 217,613 272,683 Unearned revenue 93,661 131,117 Interest payable 16,720 69,196 Current portion of long-term debt and other 19,305 16,577 ----------- ----------- Total current liabilities 604,710 974,956 Long-term debt and other 2,118,856 2,127,464 Commitments and contingencies Stockholders' deficit: Preferred stock, $0.01 par value: Authorized shares -- 500,000 Issued and outstanding shares -- none -- -- Common stock, $0.01 par value: Authorized shares -- 5,000,000 Issued and outstanding shares -- 358,847 and 357,140 shares at March 31, 2001 and December 31, 2000, respectively 3,588 3,571 Additional paid-in capital 1,344,083 1,338,303 Deferred stock-based compensation (10,532) (13,448) Accumulated other comprehensive loss (63,118) (2,376) Accumulated deficit (2,527,432) (2,293,301) ----------- ----------- Total stockholders' deficit (1,253,411) (967,251) ----------- ----------- Total liabilities and stockholders' deficit $ 1,470,155 $ 2,135,169 =========== =========== Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements. AMAZON.COM, INC. Statements of Cash Flows (in thousands) (unaudited) THREE MONTHS ENDED MARCH 31, ----------------------- 2001 2000 ----------------------- CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD OPERATING ACTIVITIES: $ 822,435 $ 133,309 Net loss (234,131) (308,425) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation of fixed assets 23,073 18,180 Stock-based compensation 2,916 13,652 Equity in losses of equity-method investees, net 13,175 88,264 Amortization of goodwill and other intangibles 50,831 82,955 Non-cash impairment-related and other costs 62,004 2,019 Amortization of previously unearned revenue (33,392) (18,485) Loss (gain) on sale of marketable securities 27 (2,600) Non-cash gains and losses, net (33,857) -- Non-cash interest expense and other 6,572 5,881 Cumulative effect of change in accounting principle 10,523 -- Changes in operating assets and liabilities: Inventories 19,823 48,389 Prepaid expenses and other current assets 27,334 (3,067) Accounts payable (229,758) (207,229) Accrued expenses and other current liabilities (57,762) (31,538) Unearned revenue 18,005 614 Interest payable (52,367) (8,988) --------- --------- Net cash used in operating activities (406,984) (320,378) INVESTING ACTIVITIES: Sales and maturities of marketable securities 94,366 380,345 Purchases of marketable securities (30,378) (28,856) Purchases of fixed assets (19,437) (26,601) Investments in equity-method investees and other investments -- (47,487) --------- --------- Net cash provided by investing activities 44,551 277,401 FINANCING ACTIVITIES: Proceeds from exercise of stock options 5,833 21,359 Proceeds from long-term debt and other 10,000 679,374 Repayment of long-term debt and other (4,575) (4,023) Financing costs -- (15,895) --------- --------- Net cash provided by financing activities 11,258 680,815 Effect of exchange rate changes on cash and cash equivalents (24,316) (16,014) --------- --------- Net increase (decrease) in cash and cash equivalents (375,491) 621,824 --------- --------- CASH AND CASH EQUIVALENTS, END OF PERIOD $ 446,944 $ 755,133 ========= ========= SUPPLEMENTAL CASH FLOW INFORMATION: Fixed assets acquired under capital leases $ 2,298 $ 3,502 Fixed assets acquired under financing agreements -- 4,551 Equity securities received for commercial agreements 331 97,839 Cash paid for interest 86,224 35,835 Note: The attached "Financial and Operational Highlights" are an integral part of the press release financial statements. AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except per share, inventory turnover, cost per new customer, and net sales per active customer data) (unaudited) ---------------------------------------------------------------------- 2000 ------------------------------------- Q4 1999 Q1 Q2 Q3 Q4 ------------------------------------------------ Results of Operations Net sales $ 676 $ 574 $ 578 $ 638 $ 972 Net sales -- trailing twelve months (TTM) $ 1,640 $ 1,920 $ 2,184 $ 2,466 $ 2,762 Gross profit $ 88 $ 128 $ 136 $ 167 $ 224 Gross margin -- % of net sales 13.0% 22.3% 23.5% 26.2% 23.1% Fulfillment costs -- % of net sales 15.8% 17.3% 15.2% 15.1% 13.5% Pro forma operating loss $ (175) $ (99) $ (89) $ (68) $ (60) Pro forma operating loss -- % of net sales (25.9%) (17.3%) (15.5%) (10.7%) (6.2%) Pro forma net loss $ (185) $ (122) $ (116) $ (89) $ (90) Pro forma net loss per share $ (0.55) $ (0.35) $ (0.33) $ (0.25) $ (0.25) GAAP net loss $ (323) $ (308) $ (317) $ (241) $ (545) GAAP net loss per share $ (0.96) $ (0.90) $ (0.91) $ (0.68) $ (1.53) U.S. books, music and DVD/video pro forma operating income (loss) -- % of U.S. books, music and DVD/video net sales (4%) (1%) 3% 6% 8% U.S. electronics, tools and kitchen pro forma operating loss -- % of U.S. electronics, tools and kitchen net sales (78%) (90%) (75%) (62%) (33%) U.S. retail pro forma operating loss -- % of U.S. retail net sales (21%) (15%) (12%) (7%) (5%) International pro forma operating loss -- % of international net sales (43%) (37%) (47%) (45%) (30%) Services pro forma operating income (loss) -- % of services net sales (238%) (9%) 15% 14% 18% Customer Data New customers 3.8 3.1 2.5 2.9 4.1 Cumulative customers 16.9 20.0 22.5 25.4 29.5 Active customers -- TTM 14.1 15.9 17.0 18.2 19.8 New customers -- international 0.6 0.6 0.6 0.9 1.1 Cumulative customers -- international 1.8 2.4 3.0 3.9 5.0 Active customers -- international -- TTM 1.7 2.2 2.7 3.3 4.2 Cost per new customer $ 19 $ 13 17 15 13 Net sales (excluding catalog sales and inventory sales to toysrus.com) per active customer -- TTM $ 113 $ 117 $ 125 $ 130 $ 134 U.S. customers purchasing from non-books, music and DVD/video stores 24% 11% 13% 14% 36% Balance Sheet Cash and marketable securities $ 706 $ 1,009 $ 908 $ 900 $ 1,101 Inventory, net $ 221 $ 172 $ 172 $ 164 $ 175 Inventory -- % of net sales 33% 30% 30% 26% 18% Inventory turnover -- annualized 13.9 9.1 10.3 11.2 17.7 Fixed assets, net $ 318 $ 334 $ 344 $ 352 $ 366 Cash Flows Cash generated by (used in) operations $ 32 $ (320) $ (54) $ (4) $ 248 Purchases of fixed assets $ (105) $ (27) $ (29) $ (42) $ (37) ------------------- Y / Y Q1 2001 Growth % ------------------- Results of Operations Net sales $ 700 22% Net sales -- trailing twelve months (TTM) $ 2,888 50% Gross profit $ 183 43% Gross margin -- % of net sales 26.1% N/A Fulfillment costs -- % of net sales 14.0% N/A Pro forma operating loss $ (49) (51%) Pro forma operating loss -- % of net sales (6.9%) N/A Pro forma net loss $ (76) (38%) Pro forma net loss per share $ (0.21) (40%) GAAP net loss $ (234) (24%) GAAP net loss per share $ (0.66) (27%) U.S. books, music and DVD/video pro forma operating income (loss) -- % of U.S. books, music and DVD/video net sales 7% N/A U.S. electronics, tools and kitchen pro forma operating loss -- % of U.S. electronics, tools and kitchen net sales (39%) N/A U.S. retail pro forma operating loss -- % of U.S. retail net sales (3%) N/A International pro forma operating loss -- % of international net sales (26%) N/A Services pro forma operating income (loss) -- % of services net sales 10% N/A Customer Data New customers 3.0 (3%) Cumulative customers 32.5 63% Active customers -- TTM 20.5 29% New customers -- international 1.0 67% Cumulative customers -- international 6.0 150% Active customers -- international -- TTM 4.9 123% Cost per new customer $ 12 (8%) Net sales (excluding catalog sales and inventory sales to toysrus.com) per active customer -- TTM $ 135 15% U.S. customers purchasing from non-books, music and DVD/video stores 19% N/A Balance Sheet Cash and marketable securities $ 643 (36%) Inventory, net $ 156 (10%) Inventory -- % of net sales 22% N/A Inventory turnover -- annualized 12.6 38% Fixed assets, net $ 304 (9%) Cash Flows Cash generated by (used in) operations $(407) 27% Purchases of fixed assets $ (19) (30%) AMAZON.COM, INC. Financial and Operational Highlights First Quarter 2001 (unaudited) Results of Operations (all comparisons are to the prior year quarter) Net Sales Orders from repeat customers represented 78% of total, up from 76%. Shipping revenue across all segments was approximately $82 million, up from $75 million. Cash-based portion of Services revenues was approximately 79%, up from 25%. Sales to customers outside the U.S., including export sales from www.amazon.com, increased to approximately 26% of net sales, from approximately 24% of net sales. Gross Profit Gross margin, excluding the results of our Services segment, would have been 23%, up from 19%. Shipping gross loss was approximately $5 million, down from slightly positive. We will continue to offer shipping promotions to our customers; accordingly, shipping gross margins may fluctuate. Fulfillment Fulfillment costs represent those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to receiving, inspecting and warehousing inventories; picking, packaging and preparing customers' orders for shipment; credit card fees; and responding to inquiries from customers. Fulfillment costs amounted to approximately 14% of net sales, down from 17% of net sales; excluding net sales from our Services segment, fulfillment costs were approximately 15%, down from 18%. Stock-Based Compensation Stock-based compensation comprises the portion of acquisition-related consideration conditioned on the continued tenure of key employees of certain of our acquired businesses, which must be classified as compensation expense rather than as a component of purchase price under accounting principles generally accepted in the United States. Stock-based compensation also includes stock-based charges such as option-related deferred compensation recorded at our initial public offering, as well as certain other compensation and severance arrangements. During the first quarter of 2001, we offered a limited non-compulsory exchange of employee stock options. This option exchange offer results in variable accounting treatment for approximately 15 million stock options, which includes approximately 12 million options granted under the exchange offer with an exercise price of $13.375, and options that were subject to the exchange offer but were not exchanged. Variable accounting treatment will result in unpredictable charges, recorded to "Stock-based compensation," dependent on fluctuations in quoted prices for our common stock. As the quoted price of our common stock at March 31, 2001, did not exceed the exercise price of any option subject to variable accounting treatment, no compensation expense was recorded in the first quarter of 2001. Impairment-Related and Other We began implementation of our operational restructuring plan to reduce our operating costs, streamline our organizational structure and consolidate certain of our fulfillment and customer service operations. As a result of this initiative, we recorded restructuring and other charges of $114 million during the first quarter, and anticipate additional charges of over $50 million during the second quarter of 2001. This initiative involves the reduction of employee staff by approximately 1,300 positions throughout the Company in managerial, professional, clerical, technical and fulfillment roles; consolidation of our Seattle corporate office locations; closure of our McDonough, Georgia, fulfillment center; seasonal operation of our Seattle fulfillment center; closure of our customer service centers in Seattle and The Hague, Netherlands; and migration of a large portion of our technology infrastructure to a Linux-based operating platform, which entails ongoing lease obligations for equipment no longer utilized. We anticipate that each component of the restructuring plan will be substantially complete by June 30, 2001. Costs that relate to ongoing operations are not part of restructuring and other charges. All inventory adjustments that may result from the closure or seasonal operation of our fulfillment centers are classified in "Cost of goods sold" on the consolidated statements of operations. As of March 31, 2001, there have been no significant inventory write-downs resulting from the restructuring, and none are anticipated. For the quarter ended March 31, 2001, the charges associated with our restructuring were as follows (in thousands): Asset impairments $ 58,748 Continuing lease obligations 34,292 Termination benefits 15,088 Broker commissions, professional fees and other miscellaneous restructuring costs 6,132 --------- $114,260 ========= Asset impairments primarily relate to the closure of the McDonough, Georgia, fulfillment center, the write-off of leasehold improvements in vacated corporate office space, and the other-than-temporary decline in the fair value of assets in the Seattle fulfillment center. For assets to be disposed, we estimated the fair value based on expected salvage value less costs to sell. For assets held for continued use, the decline in fair value was measured using discounted estimates of future cash flows. We are actively seeking third-party buyers for the assets held for disposal. Continuing lease obligations primarily relate to heavy equipment previously used in the McDonough, Georgia, fulfillment center, vacated corporate office space, technology hardware removed from service as part of the migration to a Linux-based operating platform, and unutilized overcapacity at our backup data center. Where possible, we are actively seeking third parties to sublease abandoned equipment and facilities. Amounts expensed represent estimates of undiscounted future cash outflows, offset by anticipated third-party subleases. Termination benefits comprise severance-related payments for all employees to be terminated in connection with the operational restructuring, as well as the contribution of common stock to a trust for the benefit of terminated employees. Termination benefits do not include any amounts for employment-related services prior to termination. Other restructuring costs include professional fees, decommissioning costs of vacated facilities, broker commissions and other miscellaneous expenses directly attributable to the restructuring. First quarter 2001 cash payments resulting from the restructuring were $10 million. We anticipate the restructuring charges, including over $50 million of charges expected to be recorded during the three months ending June 30, 2001, will result in the following net cash outflows (in thousands): Termination Leases Benefits Other Total ------- ------- ------- ------- Year Ending December 31, 2001 $33,728 $ 12,160 $ 9,186 $ 55,074 2002 30,258 78 1,024 31,360 2003 4,078 -- 2 4,080 2004 1,514 -- 1 1,515 2005 1,474 -- -- 1,474 Thereafter 6,007 -- -- 6,007 ------- ------- ------- ------- Total estimated cash outflows $77,059 $12,238 $ 10,213 $ 99,510 ======= ======= ======== ======== Net Interest Expense and Other Other gains and losses primarily relate to miscellaneous taxes and foreign currency transaction losses. Non-Cash Gains and Losses Non-cash gains and losses includes a gain of $22 million associated with the termination of our services contract with Kozmo.com, and a gain of $46 million on the remeasurement of our Euro-denominated debt due to fluctuations in currency exchange rates. These gains were offset by non-cash impairment losses of $36 million relating to other-than-temporary declines in the fair value of Webvan Group, Inc., Sotheby's Holdings, Inc., WeddingChannel.com and drugstore.com, inc. Other non-cash gains recorded during the first quarter of 2001 were primarily related to the acquisitions of certain investees by unrelated third parties, and the recording to fair value of our warrant investments consistent with SFAS 133. In connection with the termination of our commercial agreement with Kozmo.com in February 2001, we recorded a non-cash gain of $22 million, representing the amount of unearned revenue associated with the contract. Since services had not yet been performed under the contract, no amounts associated with this commercial agreement were recognized in "Net sales" during any period. Furthermore, during 1999, we made a cash investment of $60 million to acquire preferred stock of Kozmo.com and accounted for our investment under the equity method of accounting. Pursuant to the equity method of accounting, we recorded our share of Kozmo.com losses, which, during 2000, reduced the basis in our investment to zero. Accordingly, at the time Kozmo.com announced its intentions to cease operations in April 2001, we did not have any further loss exposure relating to our investment. We do not expect to recover any portion of our investment in Kozmo.com. Equity in Losses of Equity-Method Investees Equity in losses of equity-method investees represents our share of losses of companies in which we have investments that give us the ability to exercise significant influence, but not control, over an investee. Equity-method losses reduce our underlying investment balances until the recorded basis is reduced to zero. Loss Per Share The effect of stock options is antidilutive and, accordingly, is excluded from diluted loss per share. If the effect of stock options was included, the number of shares used in computation of diluted loss per share would have been approximately 374 million, compared to 357 million shares used in computation of basic and diluted loss per share for the three months ended March 31, 2001. Financial Condition Cash and Marketable Securities Cash and marketable securities are impacted by the effect of quarterly fluctuations in foreign currency exchange rates, particularly the Euro. Our marketable securities, by major security type, as of March 31, 2001, were as follows (at fair value; in thousands): Corporate notes and bonds $ 15,548 Asset-backed and agency securities 37,729 Treasury notes and bonds 120,862 Equity securities 21,890 -------- $ 196,029 ======== Accounts Payable Ending accounts payable days were approximately 45 days, a decrease of approximately 7 days, primarily attributable to our changing mix of business. Certain Definitions and Other In January 2001, the Company reorganized its segment reporting to include four segments: U.S. Books, Music and DVD/Video; U.S. Electronics, Tools and Kitchen; International; and Services. Allocation methodologies are consistent with past presentations, and prior period amounts have been reclassified to conform with current period presentation. The U.S. Books, Music and DVD/Video segment includes revenues, direct costs and cost allocations associated with retail sales from www.amazon.com for books, music and DVD/video products, and includes amounts earned on sales of similar products sold through Amazon Marketplace. The U.S. Electronics, Tools and Kitchen segment includes revenues, direct costs, and cost allocations associated with www.amazon.com retail sales of Electronics (consumer electronics, camera and photo items, software, computer and video games, and wireless products), Tools (tools and hardware) and Kitchen (kitchen and housewares products and outdoor living items) products, toys sold other than through our Toysrus.com strategic alliance, and new initiatives, and includes amounts earned on sales of similar products sold through Amazon Marketplace. U.S. Retail represents the combination of the U.S. Books, Music and DVD/Video segment and the U.S. Electronics, Tools and Kitchen segment. The International segment includes all revenues, direct costs and cost allocations associated with the retail sales of the Company's four internationally focused sites: www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.co.uk. The Services segment includes revenues, direct costs and cost allocations associated with the Company's business-to-business strategic relationships, including our strategic alliance with Toysrus.com, and miscellaneous advertising revenues, as well as amounts from Amazon Auctions, zShops and Payments. Trailing twelve-month sales per active customer figures include all amounts earned through Internet sales, including revenue earned from our strategic relationships with selected companies, but exclude catalog sales and sales of inventory to Toysrus.com. Customer accounts exclude the customers of selected companies with whom we have strategic relationships and customers of Amazon.com's catalog businesses, but include customers shared with Toysrus.com and customers of Amazon Auctions, zShops and Marketplace services.
<p>SEATTLE--April 24, 2001--Company Takes Previously Announced Restructuring Charges Amazon.com, Inc. (Nasdaq:AMZN) today announced financial results for the first quarter ended March 31, 2001.</p><p>Net sales were at the top end of the company's guidance, increasing 22 percent to $700 million, compared with $574 million in the first quarter of 2000. Gross profit for the quarter was $183 million, compared with $128 million for the first quarter of 2000, an increase of 43 percent. With another quarter of strong revenue growth, Electronics remained the company's second-biggest U.S. store, while net sales from Amazon.com's four international sites rose to $132 million, an increase of 76 percent from the first quarter of 2000.</p><p>Pro forma operating loss was $49 million in the first quarter of 2001, compared with a pro forma operating loss of $99 million in the first quarter of 2000. This marks the fifth sequential quarter in which pro forma absolute dollar operating losses have declined. The company posted a pro forma net loss of $0.21 per share, compared with $0.35 per share in the prior year quarter. A detailed reconciliation of GAAP to pro forma is included with the attached financial statements.</p><p>Net loss (GAAP) for the quarter was $234 million, or $0.66 per share. Excluding $114 million, which represents this quarter's portion of previously announced restructuring and other charges, and excluding a net gain of $23 million for certain other items, the net loss for the quarter would have been $143 million, or $0.40 per share. First quarter 2000 net loss was $308 million, or $0.90 per share. Amazon.com ended the quarter with $643 million in cash and marketable securities.</p><p>"This was another quarter of significant progress for Amazon.com</p><ul><li><p>we are on track to reach our objective of pro forma operating profitability in the coming December quarter," said Warren Jenson, Amazon.com's chief financial officer.</p></li></ul><p>"We're working hard every day to innovate, making Amazon.com even better for customers, and we're grateful for their response. Cumulative customer accounts grew to over 32 million, which includes 6 million international customers," said Jeff Bezos, founder and CEO of Amazon.com. "Again this quarter our customers responded with particularly strong purchase levels in our electronics, tools and kitchen stores and from our international sites."</p><p>On January 30, 2001, the company announced a reduction in its corporate staffing and a consolidation of its fulfillment and customer service center networks. The company took restructuring and other charges of $114 million during the first quarter of 2001, and expects to take additional restructuring and other charges of over $50 million during the second quarter of the year.</p><p>Highlights of First Quarter Results (all comparisons are with the prior year quarter)</p><ul><li><p>Net sales rose 22% to $700 million.</p></li><li><p>Gross profit increased 43% to $183 million.</p></li><li><p>Worldwide, 3 million new customers ordered, including 1 million new International customers.</p></li><li><p>Pro forma loss from operations was $49 million, or 7% of net sales, compared with $99 million, or 17% of net sales.</p></li><li><p>Pro forma net loss was $0.21 per share, compared with $0.35 per share.</p></li><li><p>Net loss (GAAP) was $234 million, or $0.66 per share, down from $308 million, or $0.90 per share, an improvement of more than 24%. Excluding $114 million for this quarter's portion of previously announced restructuring and other charges, and excluding a net gain of $23 million for certain other items, the net loss would have been $143 million, or $0.40 per share.</p></li><li><p>Cash and marketable securities were $643 million at March 31, 2001.</p></li></ul><p>Pro forma information regarding Amazon.com's results from operations is provided as a complement to results provided in accordance with accounting principles generally accepted in the United States (GAAP). Pro forma operating loss excludes stock-based compensation costs, amortization of goodwill and other intangibles, and impairment-related and other costs (including restructuring and other charges). Management measures the progress of the business using this pro forma information.</p><p>Pro forma net loss excludes stock-based compensation costs, amortization of goodwill and other intangibles, impairment-related and other costs (including restructuring and other charges), non-cash gains and losses, equity in losses of equity-method investees, and the cumulative effect of change in accounting principle. Operational Highlights</p><ul><li><p>Amazon.com and Borders Group, Inc., (NYSE:BGP) announced an agreement to re-launch Borders.com as a co-branded Web site powered by Amazon.com's e-commerce platform.</p></li><li><p>Amazon Marketplace gross merchandise sales in March 2001 nearly doubled over December 2000, and over a quarter of a million Amazon.com customers have already made at least one purchase from Amazon Marketplace, a new service that allows customers to buy and sell used and collectible items directly from Amazon.com's product detail pages.</p></li><li><p>Amazon.com launched the Amazon Honor System (www.amazon.com/honor), now with over 1,000 participating Web sites, enabling online visitors to easily "tip" their favorite sites or to pay for access to premium content.</p></li><li><p>Amazon.com's Worldwide Digital Group launched three new initiatives: a Software Downloads store (www.amazon.com/software); a global alliance to offer the Adobe (Nasdaq:ADBE) Acrobat eBook Reader(TM) software in Amazon.com's e-Books store (www.amazon.com/ebooks), which offers nearly 2,000 Adobe Portable Document Format-based eBooks; and a new free music downloads community (www.amazon.com/music-downloads), designed to help fans discover the music of major-label and independent artists through thousands of free MP3 and Liquid Audio downloads and artist uploads.</p></li><li><p>The Trilogy/Fortune Survey on Customer Relations 2001 named Amazon.com the best non-Fortune 500 company overall at managing customer relations. Business Outlook</p></li></ul><p>The following forward-looking statements reflect Amazon.com's expectations as of April 24, 2001. Given the potential changes in general economic conditions and consumer spending, the emerging nature of online retail, and the various other risk factors discussed below, actual results may differ materially. The company intends to continue its practice of not updating forward-looking statements other than in publicly available statements. Second Quarter 2001 Expectations</p><ul><li><p>Net sales are expected to be between $650 million and $700 million.</p></li><li><p>Gross margin is expected to be between 23 and 26 percent of net sales.</p></li><li><p>Absolute pro forma operating losses are expected to be flat to slightly improved from the first quarter of 2001.</p></li><li><p>Cash and marketable securities are expected to be approximately $600 million as of June 30, 2001, and approximately $900 million at December 31, 2001. Full Year 2001 Expectations</p></li><li><p>Net sales are expected to increase between 20 and 30 percent over 2000.</p></li><li><p>Pro forma operating losses are expected to be between 3 and 6 percent of net sales for the year, with pro forma operating profitability expected in the fourth quarter.</p></li><li><p>Cash and marketable securities are expected to be approximately $900 million at December 31, 2001.</p></li></ul><p>These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, among others, the rate of growth of the Internet and online commerce, customer spending patterns, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared to services, risks of inventory management, the degree to which the company enters into service relationships and other strategic transactions, fluctuations in the value of securities and non-cash payments Amazon.com receives in connection with such transactions, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, Amazon.com's anticipated losses, significant amount of indebtedness, competition, seasonality, potential fluctuations in operating results, management of potential growth, system interruption, consumer trends, fulfillment center optimization, inventory, limited operating history, fraud and Amazon Payments, and new business areas, international expansion, business combinations, strategic alliances and strategic partnerships. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000. Conference Call</p><p>A conference call to discuss first quarter 2001 financial results and 2001 business outlook will be Webcast live on Tuesday, April 24, 2001, at 5:00 p.m. EDT/2:00 p.m. PDT. This conference call will be available at www.amazon.com/ir through June 30, 2001, and will contain forward-looking statements and other material information. About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's over 32 million cumulative customers, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 250,000 movies and entertainment titles and one million cast and crew members dating from the birth of film in 1891 to 2003.</p><pre> AMAZON.COM, INC. Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended March 31, ---------------------- 2001 2000 --------- --------- Net sales $ 700,356 $ 573,889 Cost of sales 517,759 445,755 --------- ---------Gross profit 182,597 128,134Operating expenses: Fulfillment 98,248 99,463 Marketing 36,638 40,648 Technology and content 70,284 61,244 General and administrative 26,028 26,045 Stock-based compensation 2,916 13,652 Amortization of goodwill and other intangibles 50,831 82,955 Impairment-related and other 114,260 2,019 --------- --------- Total operating expenses 399,205 326,026 --------- ---------Loss from operations (216,608) (197,892)Interest income 9,950 10,126Interest expense (33,748) (27,621)Other expense, net (3,884) (4,774) Non-cash gains and losses, net 33,857 -- --------- --------- Net interest income (expense) and other 6,175 (22,269) --------- ---------Loss before equity in losses of equity-method investees (210,433) (220,161)Equity in losses of equity-method investees, net (13,175) (88,264) --------- ---------Net loss before change in accounting principle (223,608) (308,425)Cumulative effect of change in accounting principle (10,523) -- --------- ---------Net loss $(234,131) $(308,425) ========= ========= Basic and diluted loss per share: Prior to cumulative effect of change in accounting principle $ (0.63) $ (0.90) Cumulative effect of change in accounting principle (0.03) -- --------- --------- $ (0.66) $ (0.90) ========= ========= Shares used in computation of basic and diluted loss per share 357,424 343,884 ========= ========= Note: The attached "Financial and Operational Highlights" are anintegral part of the press release financial statements. AMAZON.COM, INC. Pro Forma Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended March 31, 2001 ------------------------------------- Pro Forma As Reported Adjustments Pro Forma ------------------------------------- Net sales $ 700,356 -- $ 700,356 Cost of sales 517,759 -- 517,759 -------------------------------------Gross profit 182,597 -- 182,597 Operating expenses: Fulfillment 98,248 -- 98,248 Marketing 36,638 -- 36,638 Technology and content 70,284 -- 70,284 General and administrative 26,028 -- 26,028 Stock-based compensation 2,916 (2,916) -- Amortization of goodwill and other intangibles 50,831 (50,831) -- Impairment-related and other 114,260 (114,260) -- ------------------------------------- Total operating expenses 399,205 (168,007) 231,198 -------------------------------------Loss from operations (216,608) 168,007 (48,601)Interest income 9,950 -- 9,950 Interest expense (33,748) -- (33,748)Other expense, net (3,884) -- (3,884)Non-cash gains and losses, net 33,857 (33,857) -- ------------------------------------- Net interest expense and other 6,175 (33,857) (27,682) -------------------------------------Loss before equity in losses of equity-method investees (210,433) 134,150 (76,283)Equity in losses of equity-method investees, net (13,175) 13,175 -- Net loss before change in accounting principle (223,608) 147,325 (76,283)Cumulative effect of change in accounting principle (10,523) 10,523 -- -------------------------------------Net loss $(234,131) $ 157,848 $ (76,283) =====================================Basic and diluted loss per share: Prior to cumulative effect of change in accounting principle $ (0.63) $ (0.21) Cumulative effect of change in accounting principle (0.03) -- --------- --------- $ (0.66) $ (0.21) ========= ========= Shares used in computation of basic and diluted loss per share 357,424 357,424 ========= ========= Three Months Ended March 31, 2000 ------------------------------------- Pro Forma As Reported Adjustments Pro Forma ------------------------------------- Net sales $ 573,889 -- $ 573,889 Cost of sales 445,755 -- 445,755 -------------------------------------Gross profit 128,134 -- 128,134 Operating expenses: Fulfillment 99,463 -- 99,463 Marketing 40,648 -- 40,648 Technology and content 61,244 -- 61,244 General and administrative 26,045 -- 26,045 Stock-based compensation 13,652 (13,652) -- Amortization of goodwill and other intangibles 82,955 (82,955) -- Impairment-related and other 2,019 (2,019) -- ------------------------------------- Total operating expenses 326,026 (98,626) 227,400 -------------------------------------Loss from operations (197,892) 98,626 (99,266)Interest income 10,126 -- 10,126 Interest expense (27,621) -- (27,621)Other expense, net (4,774) -- (4,774)Non-cash gains and losses, net -- -- -- ------------------------------------- Net interest expense and other (22,269) -- (22,269) -------------------------------------Loss before equity in losses of equity-method investees (220,161) 98,626 (121,535)Equity in losses of equity-method investees, net (88,264) 88,264 -- -------------------------------------Net loss before change in accounting principle (308,425) 186,890 (121,535)Cumulative effect of change in accounting principle -- -- -- -------------------------------------Net loss $(308,425) $ 186,890 $(121,535) =====================================Basic and diluted loss per share: Prior to cumulative effect of change in accounting principle $ (0.90) $ (0.35) Cumulative effect of change in accounting principle -- -- --------- --------- $ (0.90) $ (0.35) ========= ========= Shares used in computation of basic and diluted loss per share 343,884 343,884 ========= ========= Note: The attached "Financial and Operational Highlights" are anintegral part of the press release financial statements. AMAZON.COM, INC. Segment Information (in thousands) (unaudited) Three Months Ended March 31, 2001 --------------------------------------------------- U.S. Retail ------------------------ Books, Electronics, Music Tools and DVD/ and Consol- Video Kitchen Total Int'l Services idated ---------------------------------------------------Net sales $409,586 $116,507 $526,093 $132,105 $42,158 $700,356Gross profit 109,119 17,220 126,339 28,050 28,208 182,597Pro forma income (loss) from operations 27,625 (45,833) (18,208) (34,569) 4,176 (48,601)Other non-cash operating expenses (168,007)Net interest expense and other 6,175Equity in losses of equity-method investees, net (13,175)Cumulative effect of change in accounting principle (10,523) -----------Net loss $ (234,131) ===========Segment highlights: Y / Y net sales growth 2% 56% 11% 76% 85% 22% Y / Y gross profit growth 32% 144% 41% 75% 27% 43% Gross margin 27% 15% 24% 21% 67% 26% Pro forma operating margin 7% (39%) (3%) (26%) 10% (7%) Three Months Ended March 31, 2000 --------------------------------------------------- U.S. Retail ------------------------ Books, Electronics, Music Tools and DVD/ and Consol- Video Kitchen Total Int'l Services idated ---------------------------------------------------Net sales $401,415 $74,596 $476,011 $75,132 $22,746 $573,889Gross profit 82,855 7,059 89,914 16,036 22,184 128,134Pro forma loss from operations (2,425) (67,249) (69,674) (27,448) (2,144) (99,266)Other non-cash operating expenses (98,626)Net interest expense and other (22,269)Equity in losses of equity-method investees, net (88,264)Cumulative effect of change in accounting principle -- --------- Net loss $(308,425) =========Segment highlights:Y / Y net sales growth 50% N/A 78% 192% N/A 95%Y / Y gross profit growth 40% N/A 51% 211% N/A 98%Gross margin 21% 9% 19% 21% 98% 22%Pro forma operating margin (1%) (90%) (15%) (37%) (9%) (17%) Note: The attached "Financial and Operational Highlights" are anintegral part of the press release financial statements. AMAZON.COM, INC. Balance Sheets (in thousands, except per share data) (unaudited) MARCH 31, DECEMBER 31, 2001 2000 ------------ -----------ASSETSCurrent assets: Cash and cash equivalents $ 446,944 $ 822,435 Marketable securities 196,029 278,087 Inventories 155,562 174,563 Prepaid expenses and other current assets 57,175 86,044 ----------- ----------- Total current assets 855,710 1,361,129Fixed assets, net 304,179 366,416Goodwill, net 123,996 158,990Other intangibles, net 80,424 96,335Investments in equity-method investees 22,539 52,073Other equity investments 28,503 40,177Other assets 54,804 60,049 ----------- ----------- Total assets $ 1,470,155 $ 2,135,169 =========== ===========LIABILITIES AND STOCKHOLDERS' DEFICITCurrent liabilities: Accounts payable $ 257,411 $ 485,383 Accrued expenses and other current liabilities 217,613 272,683 Unearned revenue 93,661 131,117 Interest payable 16,720 69,196 Current portion of long-term debt and other 19,305 16,577 ----------- ----------- Total current liabilities 604,710 974,956Long-term debt and other 2,118,856 2,127,464Commitments and contingenciesStockholders' deficit: Preferred stock, $0.01 par value: Authorized shares -- 500,000 Issued and outstanding shares -- none -- -- Common stock, $0.01 par value: Authorized shares -- 5,000,000 Issued and outstanding shares -- 358,847 and 357,140 shares at March 31, 2001 and December 31, 2000, respectively 3,588 3,571 Additional paid-in capital 1,344,083 1,338,303 Deferred stock-based compensation (10,532) (13,448) Accumulated other comprehensive loss (63,118) (2,376) Accumulated deficit (2,527,432) (2,293,301) ----------- ----------- Total stockholders' deficit (1,253,411) (967,251) ----------- ----------- Total liabilities and stockholders' deficit $ 1,470,155 $ 2,135,169 =========== ===========Note: The attached "Financial and Operational Highlights" are anintegral part of the press release financial statements. AMAZON.COM, INC. Statements of Cash Flows (in thousands) (unaudited) THREE MONTHS ENDED MARCH 31, ----------------------- 2001 2000 -----------------------CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD OPERATING ACTIVITIES: $ 822,435 $ 133,309Net loss (234,131) (308,425)Adjustments to reconcile net loss to net cash used in operating activities: Depreciation of fixed assets 23,073 18,180 Stock-based compensation 2,916 13,652 Equity in losses of equity-method investees, net 13,175 88,264 Amortization of goodwill and other intangibles 50,831 82,955 Non-cash impairment-related and other costs 62,004 2,019 Amortization of previously unearned revenue (33,392) (18,485) Loss (gain) on sale of marketable securities 27 (2,600) Non-cash gains and losses, net (33,857) -- Non-cash interest expense and other 6,572 5,881 Cumulative effect of change in accounting principle 10,523 --Changes in operating assets and liabilities: Inventories 19,823 48,389 Prepaid expenses and other current assets 27,334 (3,067) Accounts payable (229,758) (207,229) Accrued expenses and other current liabilities (57,762) (31,538) Unearned revenue 18,005 614 Interest payable (52,367) (8,988) --------- ---------Net cash used in operating activities (406,984) (320,378)INVESTING ACTIVITIES: Sales and maturities of marketable securities 94,366 380,345Purchases of marketable securities (30,378) (28,856)Purchases of fixed assets (19,437) (26,601)Investments in equity-method investees and other investments -- (47,487) --------- --------- Net cash provided by investing activities 44,551 277,401FINANCING ACTIVITIES:Proceeds from exercise of stock options 5,833 21,359Proceeds from long-term debt and other 10,000 679,374Repayment of long-term debt and other (4,575) (4,023)Financing costs -- (15,895) --------- --------- Net cash provided by financing activities 11,258 680,815Effect of exchange rate changes on cash and cash equivalents (24,316) (16,014) --------- ---------Net increase (decrease) in cash and cash equivalents (375,491) 621,824 --------- ---------CASH AND CASH EQUIVALENTS, END OF PERIOD $ 446,944 $ 755,133 ========= =========SUPPLEMENTAL CASH FLOW INFORMATION:Fixed assets acquired under capital leases $ 2,298 $ 3,502Fixed assets acquired under financing agreements -- 4,551Equity securities received for commercial agreements 331 97,839Cash paid for interest 86,224 35,835Note: The attached "Financial and Operational Highlights" are anintegral part of the press release financial statements. AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except per share, inventory turnover, cost per new customer, and net sales per active customer data) (unaudited)---------------------------------------------------------------------- 2000 ------------------------------------- Q4 1999 Q1 Q2 Q3 Q4 ------------------------------------------------Results of OperationsNet sales $ 676 $ 574 $ 578 $ 638 $ 972Net sales -- trailing twelve months (TTM) $ 1,640 $ 1,920 $ 2,184 $ 2,466 $ 2,762Gross profit $ 88 $ 128 $ 136 $ 167 $ 224Gross margin -- % of net sales 13.0% 22.3% 23.5% 26.2% 23.1%Fulfillment costs -- % of net sales 15.8% 17.3% 15.2% 15.1% 13.5%Pro forma operating loss $ (175) $ (99) $ (89) $ (68) $ (60)Pro forma operating loss -- % of net sales (25.9%) (17.3%) (15.5%) (10.7%) (6.2%)Pro forma net loss $ (185) $ (122) $ (116) $ (89) $ (90)Pro forma net loss per share $ (0.55) $ (0.35) $ (0.33) $ (0.25) $ (0.25)GAAP net loss $ (323) $ (308) $ (317) $ (241) $ (545)GAAP net loss per share $ (0.96) $ (0.90) $ (0.91) $ (0.68) $ (1.53)U.S. books, music and DVD/video pro forma operating income (loss) -- % of U.S. books, music and DVD/video net sales (4%) (1%) 3% 6% 8%U.S. electronics, tools and kitchen pro forma operating loss -- % of U.S. electronics, tools and kitchen net sales (78%) (90%) (75%) (62%) (33%)U.S. retail pro forma operating loss -- % of U.S. retail net sales (21%) (15%) (12%) (7%) (5%)International pro forma operating loss -- % of international net sales (43%) (37%) (47%) (45%) (30%)Services pro forma operating income (loss) -- % of services net sales (238%) (9%) 15% 14% 18%Customer DataNew customers 3.8 3.1 2.5 2.9 4.1Cumulative customers 16.9 20.0 22.5 25.4 29.5Active customers -- TTM 14.1 15.9 17.0 18.2 19.8New customers -- international 0.6 0.6 0.6 0.9 1.1Cumulative customers -- international 1.8 2.4 3.0 3.9 5.0Active customers -- international -- TTM 1.7 2.2 2.7 3.3 4.2Cost per new customer $ 19 $ 13 17 15 13Net sales (excluding catalog sales and inventory sales to toysrus.com) per active customer -- TTM $ 113 $ 117 $ 125 $ 130 $ 134U.S. customers purchasing from non-books, music and DVD/video stores 24% 11% 13% 14% 36%Balance SheetCash and marketable securities $ 706 $ 1,009 $ 908 $ 900 $ 1,101Inventory, net $ 221 $ 172 $ 172 $ 164 $ 175Inventory -- % of net sales 33% 30% 30% 26% 18%Inventory turnover -- annualized 13.9 9.1 10.3 11.2 17.7Fixed assets, net $ 318 $ 334 $ 344 $ 352 $ 366Cash FlowsCash generated by (used in) operations $ 32 $ (320) $ (54) $ (4) $ 248Purchases of fixed assets $ (105) $ (27) $ (29) $ (42) $ (37) ------------------- Y / Y Q1 2001 Growth % ------------------- Results of Operations Net sales $ 700 22% Net sales -- trailing twelve months (TTM) $ 2,888 50% Gross profit $ 183 43% Gross margin -- % of net sales 26.1% N/A Fulfillment costs -- % of net sales 14.0% N/A Pro forma operating loss $ (49) (51%) Pro forma operating loss -- % of net sales (6.9%) N/A Pro forma net loss $ (76) (38%) Pro forma net loss per share $ (0.21) (40%) GAAP net loss $ (234) (24%) GAAP net loss per share $ (0.66) (27%) U.S. books, music and DVD/video pro forma operating income (loss) -- % of U.S. books, music and DVD/video net sales 7% N/A U.S. electronics, tools and kitchen pro forma operating loss -- % of U.S. electronics, tools and kitchen net sales (39%) N/A U.S. retail pro forma operating loss -- % of U.S. retail net sales (3%) N/A International pro forma operating loss -- % of international net sales (26%) N/A Services pro forma operating income (loss) -- % of services net sales 10% N/A Customer Data New customers 3.0 (3%) Cumulative customers 32.5 63% Active customers -- TTM 20.5 29% New customers -- international 1.0 67% Cumulative customers -- international 6.0 150% Active customers -- international -- TTM 4.9 123% Cost per new customer $ 12 (8%) Net sales (excluding catalog sales and inventory sales to toysrus.com) per active customer -- TTM $ 135 15% U.S. customers purchasing from non-books, music and DVD/video stores 19% N/ABalance Sheet Cash and marketable securities $ 643 (36%)Inventory, net $ 156 (10%)Inventory -- % of net sales 22% N/AInventory turnover -- annualized 12.6 38%Fixed assets, net $ 304 (9%) Cash Flows Cash generated by (used in) operations $(407) 27%Purchases of fixed assets $ (19) (30%) AMAZON.COM, INC. Financial and Operational Highlights First Quarter 2001 (unaudited)</pre><p>Results of Operations (all comparisons are to the prior year quarter)</p><p>Net Sales</p><ul><li><p>Orders from repeat customers represented 78% of total, up from 76%.</p></li><li><p>Shipping revenue across all segments was approximately $82 million, up from $75 million.</p></li><li><p>Cash-based portion of Services revenues was approximately 79%, up from 25%.</p></li><li><p>Sales to customers outside the U.S., including export sales from www.amazon.com, increased to approximately 26% of net sales, from approximately 24% of net sales. Gross Profit</p></li><li><p>Gross margin, excluding the results of our Services segment, would have been 23%, up from 19%.</p></li><li><p>Shipping gross loss was approximately $5 million, down from slightly positive. We will continue to offer shipping promotions to our customers; accordingly, shipping gross margins may fluctuate. Fulfillment</p></li><li><p>Fulfillment costs represent those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to receiving, inspecting and warehousing inventories; picking, packaging and preparing customers' orders for shipment; credit card fees; and responding to inquiries from customers.</p></li><li><p>Fulfillment costs amounted to approximately 14% of net sales, down from 17% of net sales; excluding net sales from our Services segment, fulfillment costs were approximately 15%, down from 18%. Stock-Based Compensation</p></li><li><p>Stock-based compensation comprises the portion of acquisition-related consideration conditioned on the continued tenure of key employees of certain of our acquired businesses, which must be classified as compensation expense rather than as a component of purchase price under accounting principles generally accepted in the United States. Stock-based compensation also includes stock-based charges such as option-related deferred compensation recorded at our initial public offering, as well as certain other compensation and severance arrangements.</p></li><li><p>During the first quarter of 2001, we offered a limited non-compulsory exchange of employee stock options. This option exchange offer results in variable accounting treatment for approximately 15 million stock options, which includes approximately 12 million options granted under the exchange offer with an exercise price of $13.375, and options that were subject to the exchange offer but were not exchanged. Variable accounting treatment will result in unpredictable charges, recorded to "Stock-based compensation," dependent on fluctuations in quoted prices for our common stock. As the quoted price of our common stock at March 31, 2001, did not exceed the exercise price of any option subject to variable accounting treatment, no compensation expense was recorded in the first quarter of 2001. Impairment-Related and Other</p></li><li><p>We began implementation of our operational restructuring plan to reduce our operating costs, streamline our organizational structure and consolidate certain of our fulfillment and customer service operations. As a result of this initiative, we recorded restructuring and other charges of $114 million during the first quarter, and anticipate additional charges of over $50 million during the second quarter of 2001. This initiative involves the reduction of employee staff by approximately 1,300 positions throughout the Company in managerial, professional, clerical, technical and fulfillment roles; consolidation of our Seattle corporate office locations; closure of our McDonough, Georgia, fulfillment center; seasonal operation of our Seattle fulfillment center; closure of our customer service centers in Seattle and The Hague, Netherlands; and migration of a large portion of our technology infrastructure to a Linux-based operating platform, which entails ongoing lease obligations for equipment no longer utilized. We anticipate that each component of the restructuring plan will be substantially complete by June 30, 2001.</p></li><li><p>Costs that relate to ongoing operations are not part of restructuring and other charges. All inventory adjustments that may result from the closure or seasonal operation of our fulfillment centers are classified in "Cost of goods sold" on the consolidated statements of operations. As of March 31, 2001, there have been no significant inventory write-downs resulting from the restructuring, and none are anticipated.</p></li><li><p>For the quarter ended March 31, 2001, the charges associated with our restructuring were as follows (in thousands):</p></li></ul><pre>Asset impairments $ 58,748Continuing lease obligations 34,292Termination benefits 15,088Broker commissions, professional fees and other miscellaneous restructuring costs 6,132 --------- $114,260 =========</pre><ul><li><p>Asset impairments primarily relate to the closure of the McDonough, Georgia, fulfillment center, the write-off of leasehold improvements in vacated corporate office space, and the other-than-temporary decline in the fair value of assets in the Seattle fulfillment center. For assets to be disposed, we estimated the fair value based on expected salvage value less costs to sell. For assets held for continued use, the decline in fair value was measured using discounted estimates of future cash flows. We are actively seeking third-party buyers for the assets held for disposal.</p></li><li><p>Continuing lease obligations primarily relate to heavy equipment previously used in the McDonough, Georgia, fulfillment center, vacated corporate office space, technology hardware removed from service as part of the migration to a Linux-based operating platform, and unutilized overcapacity at our backup data center. Where possible, we are actively seeking third parties to sublease abandoned equipment and facilities. Amounts expensed represent estimates of undiscounted future cash outflows, offset by anticipated third-party subleases.</p></li><li><p>Termination benefits comprise severance-related payments for all employees to be terminated in connection with the operational restructuring, as well as the contribution of common stock to a trust for the benefit of terminated employees. Termination benefits do not include any amounts for employment-related services prior to termination. Other restructuring costs include professional fees, decommissioning costs of vacated facilities, broker commissions and other miscellaneous expenses directly attributable to the restructuring.</p></li><li><p>First quarter 2001 cash payments resulting from the restructuring were $10 million.</p></li><li><p>We anticipate the restructuring charges, including over $50 million of charges expected to be recorded during the three months ending June 30, 2001, will result in the following net cash outflows (in thousands):</p></li></ul><pre> Termination Leases Benefits Other Total ------- ------- ------- -------Year Ending December 31, 2001 $33,728 $ 12,160 $ 9,186 $ 55,074 2002 30,258 78 1,024 31,360 2003 4,078 -- 2 4,080 2004 1,514 -- 1 1,515 2005 1,474 -- -- 1,474 Thereafter 6,007 -- -- 6,007 ------- ------- ------- -------Total estimated cash outflows $77,059 $12,238 $ 10,213 $ 99,510 ======= ======= ======== ========</pre><p>Net Interest Expense and Other</p><ul><li><p>Other gains and losses primarily relate to miscellaneous taxes and foreign currency transaction losses. Non-Cash Gains and Losses</p></li><li><p>Non-cash gains and losses includes a gain of $22 million associated with the termination of our services contract with Kozmo.com, and a gain of $46 million on the remeasurement of our Euro-denominated debt due to fluctuations in currency exchange rates. These gains were offset by non-cash impairment losses of $36 million relating to other-than-temporary declines in the fair value of Webvan Group, Inc., Sotheby's Holdings, Inc., WeddingChannel.com and drugstore.com, inc. Other non-cash gains recorded during the first quarter of 2001 were primarily related to the acquisitions of certain investees by unrelated third parties, and the recording to fair value of our warrant investments consistent with SFAS 133.</p></li><li><p>In connection with the termination of our commercial agreement with Kozmo.com in February 2001, we recorded a non-cash gain of $22 million, representing the amount of unearned revenue associated with the contract. Since services had not yet been performed under the contract, no amounts associated with this commercial agreement were recognized in "Net sales" during any period. Furthermore, during 1999, we made a cash investment of $60 million to acquire preferred stock of Kozmo.com and accounted for our investment under the equity method of accounting. Pursuant to the equity method of accounting, we recorded our share of Kozmo.com losses, which, during 2000, reduced the basis in our investment to zero. Accordingly, at the time Kozmo.com announced its intentions to cease operations in April 2001, we did not have any further loss exposure relating to our investment. We do not expect to recover any portion of our investment in Kozmo.com. Equity in Losses of Equity-Method Investees</p></li><li><p>Equity in losses of equity-method investees represents our share of losses of companies in which we have investments that give us the ability to exercise significant influence, but not control, over an investee. Equity-method losses reduce our underlying investment balances until the recorded basis is reduced to zero. Loss Per Share</p></li><li><p>The effect of stock options is antidilutive and, accordingly, is excluded from diluted loss per share. If the effect of stock options was included, the number of shares used in computation of diluted loss per share would have been approximately 374 million, compared to 357 million shares used in computation of basic and diluted loss per share for the three months ended March 31, 2001. Financial Condition Cash and Marketable Securities</p></li><li><p>Cash and marketable securities are impacted by the effect of quarterly fluctuations in foreign currency exchange rates, particularly the Euro.</p></li><li><p>Our marketable securities, by major security type, as of March 31, 2001, were as follows (at fair value; in thousands):</p></li></ul><pre>Corporate notes and bonds $ 15,548Asset-backed and agency securities 37,729Treasury notes and bonds 120,862Equity securities 21,890 -------- $ 196,029 ========</pre><p>Accounts Payable</p><ul><li><p>Ending accounts payable days were approximately 45 days, a decrease of approximately 7 days, primarily attributable to our changing mix of business. Certain Definitions and Other</p></li><li><p>In January 2001, the Company reorganized its segment reporting to include four segments: U.S. Books, Music and DVD/Video; U.S. Electronics, Tools and Kitchen; International; and Services. Allocation methodologies are consistent with past presentations, and prior period amounts have been reclassified to conform with current period presentation.</p></li><li><p>The U.S. Books, Music and DVD/Video segment includes revenues, direct costs and cost allocations associated with retail sales from www.amazon.com for books, music and DVD/video products, and includes amounts earned on sales of similar products sold through Amazon Marketplace.</p></li><li><p>The U.S. Electronics, Tools and Kitchen segment includes revenues, direct costs, and cost allocations associated with www.amazon.com retail sales of Electronics (consumer electronics, camera and photo items, software, computer and video games, and wireless products), Tools (tools and hardware) and Kitchen (kitchen and housewares products and outdoor living items) products, toys sold other than through our Toysrus.com strategic alliance, and new initiatives, and includes amounts earned on sales of similar products sold through Amazon Marketplace.</p></li><li><p>U.S. Retail represents the combination of the U.S. Books, Music and DVD/Video segment and the U.S. Electronics, Tools and Kitchen segment.</p></li><li><p>The International segment includes all revenues, direct costs and cost allocations associated with the retail sales of the Company's four internationally focused sites: www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.co.uk.</p></li><li><p>The Services segment includes revenues, direct costs and cost allocations associated with the Company's business-to-business strategic relationships, including our strategic alliance with Toysrus.com, and miscellaneous advertising revenues, as well as amounts from Amazon Auctions, zShops and Payments.</p></li><li><p>Trailing twelve-month sales per active customer figures include all amounts earned through Internet sales, including revenue earned from our strategic relationships with selected companies, but exclude catalog sales and sales of inventory to Toysrus.com.</p></li><li><p>Customer accounts exclude the customers of selected companies with whom we have strategic relationships and customers of Amazon.com's catalog businesses, but include customers shared with Toysrus.com and customers of Amazon Auctions, zShops and Marketplace services.</p></li></ul>
Amazon.com Teams Up With All-Clad Metalcrafters; Premier Maker of Cookware Showcases Its Products in Dedicated All-Clad Store Within Amazon Kitchen & Housewares
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Amazon.com-Teams-Up-With-All-Clad-Metalcrafters-Premier-Maker-of-Cookware-Showcases-Its-Products-in-Dedicated-All-Clad-Store-Within-Amazon-Kitchen--Housewares
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04/24/2001 00:00:00
Amazon.com Teams Up With All-Clad Metalcrafters; Premier Maker of Cookware Showcases Its Products in Dedicated All-Clad Store Within Amazon Kitchen & Housewares
04/24/2001
2001
SEATTLE--April 24, 2001--Amazon.com, Inc., (Nasdaq:AMZN) today announced that, as an authorized online retailer for All-Clad Metalcrafters, Inc., it has launched a brand-new All-Clad store within its Kitchen & Housewares store. The All-Clad store, accessible at http://www.amazon.com/allclad, is dedicated exclusively to helping customers conveniently find and discover the entire lineup of All-Clad products. The store will feature All-Clad's popular Stainless, Master Chef 2, LTD, Cop-R-Chef and Copper Core collections, as well as the new Emerilware line. Visitors to the All-Clad store will enjoy trademark Amazon.com features such as customer reviews, multiple product images, detailed product information, expert editorial reviews and easy-to-understand buying guides. "Our customers have told us that they look to Amazon.com to find and discover quality brands at great prices," said Eric Broussard, vice president of Amazon.com's Home and Kids businesses. "All-Clad's premier cookware, with its attention to quality and innovative functionality, is a great addition to an already impressive lineup of prestigious brands in the Amazon Kitchen & Housewares store. We know they will be a big hit with our customers because we were getting multiple pre-order sales for All-Clad's cookware before the store even arrived." "We're incredibly excited to work with the leading online retailer of kitchen products to add another great way for our customers to easily find the All-Clad products they enjoy," said Jeffrey Sayles, vice president commercial for All-Clad. "We look forward to expanding our relationship in May when we launch the Emeril Lagasse boutique, featuring Emerilware and cookbooks by the famous author, chef and host." The Emeril boutique will feature a complete line of Emerilware, designed and manufactured by All-Clad with TV Food Network host Emeril Lagasse, and will be located within the All-Clad store at Amazon.com. About Amazon Kitchen & Housewares The Amazon Kitchen & Housewares store features a full range of culinary products and housewares from the world's most prestigious brands -- everything from pots, pans and ice-cream makers to massagers, shavers and vacuums, from manufacturers like Calphalon, Henckels, Cuisinart, Braun, HoMedics and Hoover. To help customers choose from this growing selection, Amazon Kitchen & Housewares provides detailed buying guides and expert product reviews. These, combined with reviews and ratings from customers who have bought and used the products, make it easy for customers to choose the right products for their needs and lifestyles. For a limited time, customers can also enjoy free shipping on kitchen and housewares purchases of $99 or more. About Amazon.com Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon's more than 30 million cumulative customers, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 250,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003.
<p>SEATTLE--April 24, 2001--Amazon.com, Inc., (Nasdaq:AMZN) today announced that, as an authorized online retailer for All-Clad Metalcrafters, Inc., it has launched a brand-new All-Clad store within its Kitchen &amp; Housewares store.</p><p>The All-Clad store, accessible at http://www.amazon.com/allclad, is dedicated exclusively to helping customers conveniently find and discover the entire lineup of All-Clad products. The store will feature All-Clad's popular Stainless, Master Chef 2, LTD, Cop-R-Chef and Copper Core collections, as well as the new Emerilware line. Visitors to the All-Clad store will enjoy trademark Amazon.com features such as customer reviews, multiple product images, detailed product information, expert editorial reviews and easy-to-understand buying guides.</p><p>"Our customers have told us that they look to Amazon.com to find and discover quality brands at great prices," said Eric Broussard, vice president of Amazon.com's Home and Kids businesses. "All-Clad's premier cookware, with its attention to quality and innovative functionality, is a great addition to an already impressive lineup of prestigious brands in the Amazon Kitchen &amp; Housewares store. We know they will be a big hit with our customers because we were getting multiple pre-order sales for All-Clad's cookware before the store even arrived."</p><p>"We're incredibly excited to work with the leading online retailer of kitchen products to add another great way for our customers to easily find the All-Clad products they enjoy," said Jeffrey Sayles, vice president commercial for All-Clad. "We look forward to expanding our relationship in May when we launch the Emeril Lagasse boutique, featuring Emerilware and cookbooks by the famous author, chef and host."</p><p>The Emeril boutique will feature a complete line of Emerilware, designed and manufactured by All-Clad with TV Food Network host Emeril Lagasse, and will be located within the All-Clad store at Amazon.com.</p><p>About Amazon Kitchen &amp; Housewares</p><p>The Amazon Kitchen &amp; Housewares store features a full range of culinary products and housewares from the world's most prestigious brands -- everything from pots, pans and ice-cream makers to massagers, shavers and vacuums, from manufacturers like Calphalon, Henckels, Cuisinart, Braun, HoMedics and Hoover. To help customers choose from this growing selection, Amazon Kitchen &amp; Housewares provides detailed buying guides and expert product reviews. These, combined with reviews and ratings from customers who have bought and used the products, make it easy for customers to choose the right products for their needs and lifestyles. For a limited time, customers can also enjoy free shipping on kitchen and housewares purchases of $99 or more.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com lists millions of unique items in categories such as electronics, kitchen and housewares, books, music, DVDs, videos, camera and photo items, toys, software, computer and video games, tools and hardware, outdoor living and wireless products. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon's more than 30 million cumulative customers, and with Amazon Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments.</p><p>Amazon.com operates four international Web sites: www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 250,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film in 1891 to 2003.</p>