Zappos.com, an online destination that currently showcases millions of products from over 1000 clothing and shoe brands, has announced the launch of Zappos Now, a monthly digital lifestyle magazine for the iPad.The electronic magazine is set to feature editorial-style content on the hottest fashion trends. It will re... |
16 December 2011
15:41 GMT |
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Amazon has made another interesting acquisition after last year’s Zappos. And if you though Zappos was somewhat of an odd match to Amazon, from a company culture point of view, this latest move takes the cake. The giant online retailer acquired Woot, a deals site with an interesting take on e-commerce. Financia... |
1 July 2010
09:36 GMT |
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A software error can end up costing a company quite a lot. While for Google, the toll is still unknown, for an online retailer of shoes, clothing and other similar items, 6pm.com, the number is easier to pinpoint. The company, affiliated with Zappos, lost $1.6 million by its own account, after the pricing engine capp... |
24 May 2010
10:56 GMT |
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Amazon and Zappos have finally closed the acquisition deal first announced in July, both companies have confirmed. The biggest online retailer in the world made a bid last summer to acquire the shoe and apparel shopping site in a mostly stock deal. When the deal was announced, Zappos was valuated at about $880 millio... |
2 November 2009
10:55 GMT |
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When Amazon acquired online shoe and apparel retailer Zappos for close to $1 billion it got a little treat in the deal as well, the clothes.com domain name. The domain was bought by Zappos last year for a cool $4.9 million, one of the biggest domain name transactions of the year. While currently used to house a custo... |
8 August 2009
06:53 GMT |
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Amazon announced it would buy online shoe and apparel retailer Zappos for upwards of $900 million in a stock swap deal last week and new details have now surfaced after the regulatory SEC filing yesterday. The papers show how the negotiations went as well as more financial details about the deal and the companies. On... |
28 July 2009
09:08 GMT |
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Amazon.com's financial results for the second quarter have come in and the earnings are lower than expected. Revenue was up 14 percent from the second quarter last year, to $4.65 billion, slightly below analysts’ expectations, which estimated Q2 revenue at $4.67 billion. Profits, on the other hand, were do... |
24 July 2009
04:00 GMT |
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Amazon has announced it is buying shoe and apparel online retailer Zappos for 10 million Amazon shares. The company valued the shares at $807 million but the closing price for Amazon share was at $88.79 today putting the deal at more than $880 million. Zappos employees will also get $40 million in cash and restricted... |
23 July 2009
02:51 GMT |
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