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Amazon Buys Zappos

The popular online retailer Amazon.com purchased Zappos.com, an online footwear retailer on July 22nd, 2009. Amazon reportedly offered 10 million shares of its stock, worth roughly $880 million.http://www.techcrunch.com/2009/07/22/amazon-buys-zappos/

Zappos was founded in 1999 by Nick Swinmurn and reached $1 billion in gross sales in 2008.http://about.zappos.com/press-center/zappos-milestone-tenth-anniversary

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Amazon Buys Zappos Answers

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So Amazon bought zappos, will there still be free shipping?(2 Answers)
A: From what I can tell, the free shipping should continue: Here are some good articles on it: http://www.techcrunch.com/2009/07/22/amazon-buys-zappos/ http://online.wsj ...
Has anyone actually bought a pair of shoes from Zappos?(1 Answer)
A: Yes I have. They are a great company and I love the free shipping and free return shipping. Here are some good articles on the Amazon purchase of ...
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References

Fast Facts

  • Stock Symbol

    AMZN (Amazon)

  • Industry

    Footwear

  • Founder

    Nick Swinmurn

  • Phone

    800-927-7671

  • Headquarters

    Henderson, Nevada

  • Established

    1999

  • CEO

    Tony Hsieh

  • Staff

    1,500

  • COO, CFO and Chairman

    Alfred Lin

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