This blog is about the Internet online industry, the trends, news and latest happenings
Amazon acquires online shoe retailer Zappos for $850 million
Amazon.com is acquiring online shoe and merchandise retailer Zappos in a mostly stock deal valued at about $850 million. It is the biggest acquisition in Amazon's history. The Zappos acquisition dwarfs other recent Amazon deals. The company spent a total of $432 million on acquisitions in 2008, about $300 million of which went toward acquiring audiobook company Audible. Amazon said the Zappos management team in Las Vegas will remain intact and Zappos will continue to operate as its own brand. more
Subscribe to:
Post Comments (Atom)
Sites I read, in no particular order
- Ad Week
- Adage Digital
- All Things Digital
- BBC Tech
- Brand Week
- ClickZ
- Contentinople
- Diginews
- Gigaom
- iMedia Connection
- Information Week
- Internet News
- Marketing Vox
- Media Buyer Planner
- Media Post
- Media Week
- Mobile Marketer
- Moco News
- Paid Content
- Radio and Music
- Read Write Web
- Tech Crunch
- Telecom Paper
- Wired
- Yahoo Tech Blogs
No comments:
Post a Comment