SAN FRANCISCO (Reuters) - Amazon.com will pay about $928 million for booming online shoe retailer Zappos.com, expanding aggressively into the apparel arena with a well-known name after trying unsuccessfully to go it alone.
Reuters: Business News, Reuters: Business
Wed, 07/22/2009 - 8:34pm
SAN FRANCISCO (Reuters) - Amazon.com will pay about $928 million for booming online shoe retailer Zappos.com, expanding aggressively into the apparel arena with a well-known name after trying unsuccessfully to go it alone.