Zappos Acquired by Amazon: $880 Million in Stock

Posted by Tom Blue on July 22, 2009 under Companies, Investing | Be the First to Comment

Apparently Amazon has acquired Zappos for $880 Million in Amazon stock and $40 Million in cash.  The link above links you to the letter Zappos CEO sent to their employees today.  They have raised around $47 Million in funding over the years and began in January 1999.  This is great news for Zappos equity holders.