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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (61200)6/8/1999 12:59:00 PM
From: Tae Spam Kim  Respond to of 164684
 
Amazon.com 10 Millionth Customer - 12:45 PM EST - TK
Amazon.com keeps rolling as the leading e-commerce retailer by announcing its 10 millionth customer. The company is well on its way to be the Wal-Mart of the internet. Look for continued expansion to other product lines like Toys and Videogames soon.

Amazon.com, the Internet's largest retailer, said today it will be the first e-commerce store to register its 10 millionth customer, as strong demand for its new auctions business bolstered its online book, music, and video operations. Amazon.com said its customer base has more than tripled from 3 million in June 1998. The retailer, which started selling books online in July 1995, already beat several analysts' expectations for customer count at the end of the first quarter, when it had more than 8.4 million online shoppers.Amazon.com's 10 million customers include those who have either purchased merchandise from Amazon.com or participated in its auctions business. It doesn't count users of the free electronic greeting card service, the company said. - News.com