Amazon & Zappos: A Marriage Made in e-Commerce Heaven
July 23, 2009 by Pablo Palatnik
Who would’ve thought? This one personally caught me by surprise and I think its a huge move when it comes to the world of e-commerce. Amazon and Zappos are now the same company, wow.
I’m looking at several news sources and they all pretty much have different numbers, the only constant is an $850 million dollar figure.
Tony Hsieh writes in a letter to employees, “We plan to continue to run Zappos the way we have always run Zappos — continuing to do what we believe is best for our brand, our culture, and our business. From a practical point of view, it will be as if we are switching out our current shareholders and board of directors for a new one, even though the technical legal structure may be different.”
Here is CEO of Amazon Jeff Bezos with his latest YouTube video speaking about Amazon and Zappos:
Comments (3)
Hi there,
Amazing! Not clear for me, how offen you updating your palatnikfactor.com.
Jinny
[...] sides of the deal what to say! This has overshadowed what happened earlier this week as well as Amazon Bought Zappos for a reported $850 million dollars. Though I think that deal in itself will have a big impact on [...]
[...] or Zappos.com (just has really great views on how a company should be ran, specifically online.) Zappos was recently sold to Amazon for millions, $850 million to be exact! Anyway, to get back to Mr. Bill Gates, the one and only. [...]