Amazon buy Zappos.com

A very shock news.Amazon has reached an agreement to purchase the online shoe retailer Zappos.com. Amazon.com, a popular shopping online website paying for the acquisition with 10 million shares of stock worth approximately $807 million, based on the average closing price for the 45 trading days ended July 17. In addition, Amazon said it would provide Zappos employees with $40 million in cash and restricted stock units.

Watch this video from Amazon CEO,Jeffrey Bezos.


-----------------------------------------------------

Wow.. It is pro and cons from Zappos.com. They get attention from leader online website.

Do you think this post is informative??Share this:
Add to Technorati | Add to Del.icio.us|Add to DIGG | Add to StumbleUpon| Add to Facebook