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Type Subsidiary
Industry Retail
Founded July 12, 1999
Founder Nick Swinmurn
Headquarters Las Vegas, Nevada , U.S.
How much did Amazon sell Zappos for?
In July 2009, Amazon acquired Zappos in an all-stock deal worth around $1.2 billion at the time. Amazon purchased all of the outstanding shares and warrants from Zappos for 10 million shares of Amazon's common stock and provided $40 million in cash and restricted stock for the Zappos employees.
Does Zappos belong to Amazon?
In 2009, Zappos was bought by Amazon (whose founder and CEO, Jeff Bezos, owns The Washington Post) for $1.2 billion.Nov 28, 2020
Is Zappos profitable?
Zappos.com Turning Profit on Drive to $600 Million Year.