Amazon buys Zappos for $807 million

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • DateDoc
    Outside looking in.
    • Feb 2005
    • 14243
    #1

    Amazon buys Zappos for $807 million

    Amazon.com Inc. (AMZN 88.58, -0.21, -0.24%) said Wednesday it has agreed to acquire closely held online retailer Zappos.com Inc. in a stock deal valued at $807 million. Amazon said in a statement that under terms of the deal, it will buy all outstanding shares, warrants and options of Zappos in exchange for roughly 10 million Amazon shares with their value based on average closing prices in June and July. In addition, Amazon "will provide Zappos employees with $40 million in cash and restricted stock units," Amazon said. The Seattle-based Internet retailer said it expects the Zappos acquisition to close in the fall.

    http://www.marketwatch.com/story/ama...7-million-deal
    Tags: None
    • kristin
      GOO!
      • Sep 2002
      • 9768
      #2
      Wow, that's a lot of shoes.
      Vacares rules.

      "Usually only fat guys have the kind of knowledge and ability that Kristin has."

        Comment

        • undersoul
          Confirmed User
          • Sep 2006
          • 1212
          #3
          wow thats some big news
          **RIP TD**

            Comment

            • GetSCORECash
              Confirmed User
              • Mar 2008
              • 5527
              #4
              More Free Shipping!
              | skype: getscorecash | ICQ: 59-271-063 |
              New Sites: | SCORELAND2 | Roku Channel SCORETV.TV | 60PLUSMILFS |
              | Big Tit Hooker | Tits And Tugs | Big Boobs POV | Karla James |
              | Naughty Foot Jobs | Linsey's World | Busty Arianna Sinn | Get SCORE Cash |

                Comment

                • who
                  So Fucking Banned
                  • Aug 2003
                  • 19593
                  #5
                  I don't understand all that bullshit about economics.

                    Comment

                    • riddler
                      Confirmed User
                      • Oct 2004
                      • 3726
                      #6
                      will be interesting to see how amazon improves them, zappos has some of the best rated customer service for a online retailer..

                        Comment

                        • D Ghost
                          null
                          • May 2006
                          • 9819
                          #7
                          nice chunk o' change there

                            Comment

                            • jay23
                              Confirmed User
                              • Jun 2003
                              • 1444
                              #8
                              Originally posted by riddler
                              will be interesting to see how amazon improves them, zappos has some of the best rated customer service for a online retailer..
                              Its other way, Zappos need to teach Amazon customer service

                                Comment

                                • XSV
                                  Confirmed User
                                  • Sep 2001
                                  • 1214
                                  #9
                                  Love the media and the consistency.

                                  Google news results:

                                  Amazon Buying Out Zappos.com For Roughly $847 Million
                                  Washington Post - ‎1 hour ago‎

                                  Zappos is bringing in roughly $1 billion worth of annual revenue-mostly from its core shoe business-though, in an interview with the Las Vegas Sun, ...

                                  Amazon.com to Acquire Zappos.com for $807 Million Bloomberg

                                  Amazon.Com Buying Shoe Seller Zappos For $928 Million New York Times



                                  Still a lot of shoes whatever the end price is.
                                  Managed - E3 QC 2 x 500 GB SSD's / 32 GB RAM / 100 Mbps On Gig Port + 10 TB CDN Traffic $299/mo

                                  ** NEW MANAGED 10 TB CDN SERVERS FROM $199 PER MONTH - 50% Off Trial Code: AMNOCDEAL**

                                  DIY DEAL: Unmanaged Root Server Plans - 50% OFF For Life! • Windows + Linux • Coupon Code: SUMMERDED16

                                    Comment

                                    • art914
                                      Confirmed User
                                      • Oct 2008
                                      • 337
                                      #10
                                      zappos employees must be really happy right now =)
                                      Brands That Sell Themselves

                                      up to $35 per sign up & up to 60% revshare

                                      Hustler | HustlerTube | Hustlersreviews | Barely Legal

                                        Comment

                                        • dyna mo
                                          just a fucking jerk
                                          • Dec 2008
                                          • 68184
                                          #11
                                          they both kick ass

                                            Comment

                                            • riddler
                                              Confirmed User
                                              • Oct 2004
                                              • 3726
                                              #12
                                              Originally posted by jay23
                                              Its other way, Zappos need to teach Amazon customer service
                                              kind of what i mean, i wonder if amazon will keep on the zappos team and let them run it and keep the good customer service they provide or take it all monster box store like amazon and make it harder to resolve stuff..

                                              zappos got successful because they took out the hassle of buying shoes online and them not fitting, i still wont buy shoes online unless i tried them on in the store but zappos nailed a niche and made it very sucessful.

                                                Comment

                                                Previous template Next
                                                Working...