Tag archive: Zappos

The online commerce world continues to take a few ugly twists and turns, as online shoe and accessory retailer Zappos—now owned by Amazon—reveals more than 24 million customer accounts were compromised in a recent security breach. Although the company says passwords and credit card information were encrypted, information likes users' names, addresses, email, phone numbers and more. As a precaution, Zappos has expired all… Read More

Folks that think there can't be any money in bringing Internet commerce to everyday, commonplace items need to think again: online retailing giant Amazon.com has just inked a deal with Quidsi to acquire sites like diapers.com and soap.com. Diapers.com is exactly what it sounds like—nappies and nappy accessories—while soap.com offers a range of everyday essential items from health and beauty products to detergents and (you… Read More

Amazon.com announced today that it has completed its acquisition of online footwear retailer Zappos.com, snugging up the laces on a roughly-$850 million deal it announced back in July. Zappos established itself with over-the-top customer service that made consumer comfortable with purchasing items that are notoriously difficult to get right sight-unseen—shoes—and Amazon is promising that Zappos' management and operations will… Read More

Online mega-retailer Amazon.com has announced a deal to acquire online footwear retailer Zappos.com in a deal worth upwards of $850 million—although the exact amount depends on Amazon's stock valuation when the deal closes. Under the deal, Amazon is buying up all Zappos stock in exchange for 10 million shares of Amazon.com stock, plus $40 million in cash and restricted stock units. The deal is expected to close during the third… Read More