Amazon's total income touches USD107b in 2015

(MENAFN) Amazon, the well-known American electronic commerce and cloud computing company, has logged a staggering USD107 billion in total revenue throughout the prior year, which indicates its ongoing robust performance.

Additionally, the mega Washington-based firm remains largest Internet-based retailer in the United States and it has fiercely outshined Walmart as the most valuable retailer in the country by market capitalization.

Moreover, the giant started as an online bookstore, later diversifying to sell DVDs, Blu-rays, and MP3 downloads/streaming, audiobooks downloads/streaming, software, apparel, furniture, video games, food, toys and jewelry.

Furthermore, when the infamous dot-com bubble burst at the start of the 21st century, destroying many e-companies in the process, Amazon survived, and grew on past the bubble burst to become an enormous player in online sales.