No items found.

Source: Internet World Stats
Published: June 2020

Growth of the internet

Circulated: August 18, 2020

Interviewer: What propelled you to say I’m quitting my job at a hedge fund (DE Shaw) and I’m going to start a company selling books via the internet?

Jeff Bezos: In 1994 I came across the fact that the worldwide web was growing at 2,300% a year. Anything growing that fast is going to be big. I decided to come up with a business idea where the internet could grow around it. I picked books because there are more items in the books category than any other category.

                                                                                                                   
Date Number of Users % World Population
December 1995 16 million 0.4%
December 1997 70 million 1.7%
December 1999 248 million 4.1%
August 2001 513 million 8.6%
December 2003 719 million 11.1%
December 2005 1.02 billion 15.7%
December 2007 1.32 billion 20.0%
December 2009 1.80 billion 26.6%
December 2011 2.27 billion 32.7%
December 2013 2.80 billion 39.0%
December 2015 3.37 billion 46.4%
December 2017 4.16 billion 54.4%
June 2020 4.65 billion 59.6%

Most Shared Facts

View All Facts