Amazon is paying about $928 million for online shoe retailer Zappos.com. This move is expected to help Amazon expand into the apparel arena with a well-known name after trying unsuccessfully to go it alone.
– SAN FRANCISCO (Reuters) – Amazon.com will pay about $928 million for
booming online shoe retailer Zappos.com, expanding aggressively into
the apparel arena with a well-known name after trying unsuccessfully to
go it alone.
Amazon said on Wednesday it struck a deal to buy Zappos, for 927.9
milli…
Amazon Buys Zappos for $928 Million
written by John Beckham on July 23rd, 2009 |
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