Zappos

Amazon.com Closes Acquisition of Web Shoe Store Zappos

Authored by Mark Hefflinger on November 2, 2009 - 8:37am.

Seattle - Completing one of the summer's largest acquisitions, online retail giant Amazon.com (NASD: AMZN) on Monday officially closed its $850 million deal to buy Web shoe store Zappos.

Amazon.com Buys Web Shoe Store Zappos for $847 Million

Authored by Mark Hefflinger on July 23, 2009 - 9:03am.

Seattle - Online retail giant Amazon.com (NASD: AMZN) has announced the largest acquisition in its history, with its purchase of Web shoe store Zappos for $807 million in stock, plus another $40 million in cash and stock for the company's employees. "Zappos is a customer focused company. We see great opportunities for both companies to learn from each other and create even better experiences for our customers," said Jeff Bezos, founder and CEO of Amazon.com.