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Bezos finally decided that his new business would sell books online, due to the large worldwide demand for literature, the low price points for books, along with the huge number of titles available in print.

The company began as an online bookstore, an idea spurred off with discussion with John Ingram of Ingram Book (now called Ingram Content Group), along with Keyur Patel who still holds a stake in Amazon.

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), also called Amazon, is an American electronic commerce and cloud computing company that was founded on July 5, 1994 by Jeff Bezos and is based in Seattle, Washington.

It is the largest Internet-based retailer in the world by total sales and market capitalization.

In 1994, Bezos left his employment as vice-president of D. Shaw & Co., a Wall Street firm, and moved to Seattle.

He began to work on a business plan for what would eventually become started as an online bookstore, later diversifying to sell DVDs, Blu-rays, CDs, video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, software, video games, electronics, apparel, furniture, food, toys, and jewelry.The company also produces consumer electronics—notably, Kindle e-readers, Fire tablets, Fire TV and the Echo—and is the world's largest provider of cloud infrastructure services (Iaa S).Bezos incorporated the company as "Cadabra" on July 5, 1994.In September 1994, Bezos purchased the URL and briefly considered naming his online store Relentless, but friends told him the name sounded a bit sinister.Through our extensive profiles, members can learn about each other before meeting in person.