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Amazon logo The Amazon Spheres, part of the Amazon headquarters campus in Seattle. Amazon.com, Inc. is an American technology company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1]
In 2009, Zappos announced an acquisition by Amazon. [18] Within Zappos’ board of directors, two of the five—Hsieh and Alfred Lin—were primarily concerned with maintaining Zappos company culture, whereas the other three wanted to maximize profits in a down economy . [ 8 ]
Amazon offered $807 million in cash and stock; it will issue 10 million shares for Zappos and provide its employees with $40 million in cash and restricted stock units. (Also see " Sweet deal for ...
On July 22, 2009, Amazon announced the acquisition of Zappos.com in a deal valued at approximately $1.2 billion. [29] Hsieh is said to have made at least $214 million from the sale, not including money made through his former investment firm Venture Frogs. [30] [31] On August 24, 2020, Hsieh retired as the CEO of Zappos after 21 years at the ...
Nick Swinmurn is the founder of Zappos. He started the company in 1999. He started the company in 1999. He left in 2006, before it reached $1 billion sales in 2008, and was sold to Amazon in 2009.
Lots of people are saying that Amazon (AMZN) CEO Jeff Bezos got a great deal when the online e-tailer purchased Tony Hsieh's online shoe company Zappos.com in an $847 million cash and stock deal ...
Amazon began search for Amazon HQ2, a second company headquarters to house up to 50,000 employees. [149] [150] 2018 January 18 Company Amazon narrows down the choices of its second headquarters location to 20 places. [151] 2018 January 22 Company Amazon opens a cashier-less grocery store to the public. [152] 2018 September 19 International
Amazon websites are country-specific (for example, amazon.com for the US and amazon.co.uk for UK) though some offer international shipping. [51] Visits to amazon.com grew from 615 million annual visitors in 2008, [52] to more than 2 billion per month in 2022. [citation needed] The e-commerce platform is the 12th most visited website in the ...