Zappos Acquired By Amazon!
July 22, 2009 by: adminZappos is my favorite online store second only to Amazon.com.
Today it was announced that Zappos was aquired by Amazon for $850 Million! That is actually a lot less than I expected considering Zappos sells over $1 billion worth of product a year. I understand that’s just gross revenue but I would have expected the number to be a bit higher.
Either way, this should be interesting to see the changes.
Source: Mashable.
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