Over nearly two decades, Jeff Bezos built Amazon.com from a scrappy online bookseller into an e-commerce empire, shook up the print publishing world with the Kindle e-reader and even started a space travel company.
Now he is buying The Washington Post for $250 million, purchasing one of the most celebrated US newspapers at a time when the print publishing industry is enduring steep declines in revenues and readership.
Source: How Amazon founder Jeff Bezos made an empire selling books - The Times of India
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Tuesday, August 6, 2013
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