Amazon buys Zappos for $807 million - GoFuckYourself.com

DateDoc · 07-22-2009, 01:36 PM

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

kristin · 07-22-2009, 01:48 PM

Wow, that's a lot of shoes.

undersoul · 07-22-2009, 01:53 PM

wow thats some big news

GetSCORECash · 07-22-2009, 02:02 PM

More Free Shipping!

who · 07-22-2009, 02:17 PM

I don't understand all that bullshit about economics.

riddler · 07-22-2009, 02:46 PM

will be interesting to see how amazon improves them, zappos has some of the best rated customer service for a online retailer..

D Ghost · 07-22-2009, 02:50 PM

nice chunk o' change there

jay23 · 07-22-2009, 03:18 PM

Quote:

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

XSV · 07-22-2009, 03:56 PM

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.

art914 · 07-22-2009, 03:57 PM

zappos employees must be really happy right now =)

dyna mo · 07-22-2009, 03:59 PM

they both kick ass

riddler · 07-22-2009, 04:27 PM

Quote:

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.

07-22-2009, 01:36 PM	#1
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	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 __________________

07-22-2009, 01:48 PM	#2
kristin GOO! Industry Role: Join Date: Sep 2002 Location: Back Home : ) Posts: 9,768	Wow, that's a lot of shoes. __________________ Vacares rules. "Usually only fat guys have the kind of knowledge and ability that Kristin has."

07-22-2009, 01:53 PM	#3
undersoul Confirmed User Join Date: Sep 2006 Location: underground Posts: 1,212	wow thats some big news __________________ RIP TD

07-22-2009, 02:02 PM	#4
GetSCORECash Confirmed User Industry Role: Join Date: Mar 2008 Location: Miami Posts: 5,527	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 \|

07-22-2009, 03:56 PM	#9
XSV Confirmed User Industry Role: Join Date: Sep 2001 Location: Cybercave. Posts: 1,214	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

07-22-2009, 02:17 PM	#5
who So Fucking Banned Join Date: Aug 2003 Location: ICQ #23642053 Posts: 19,593	I don't understand all that bullshit about economics.

07-22-2009, 02:46 PM	#6
riddler Confirmed User Join Date: Oct 2004 Location: up in gang bang heaven Posts: 3,726	will be interesting to see how amazon improves them, zappos has some of the best rated customer service for a online retailer..

07-22-2009, 02:50 PM	#7
D Ghost null Industry Role: Join Date: May 2006 Posts: 9,820	nice chunk o' change there

07-22-2009, 03:57 PM	#10
art914 Confirmed User Join Date: Oct 2008 Location: The Golden State Posts: 337	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

07-22-2009, 03:59 PM	#11
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,791	they both kick ass