Woot Acquired by Amazon.com
Fresh on the heels of the Zappos.com acquisition, the deal-a-day pioneer Matt Rutledge of Woot.com sells his company to Amazon.com.
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Why It's Trending: The online retail giant announced the launch of another cyber store, Wag.com, which will sell pet supplies.
Fresh on the heels of the Zappos.com acquisition, the deal-a-day pioneer Matt Rutledge of Woot.com sells his company to Amazon.com.
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Tony Hsieh built his online shoe retailer into an e-commerce powerhouse. But with credit tightening and investors eyeing the exits, Hsieh was forced to ask: Was selling Zappos really the only way to save it?
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Jeff Bezos is an e-commerce pioneer who started Amazon.com to sell books, and expanded into just about everything else.
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Tony Hsieh, CEO of online shoe retailer Zappos, announced on Twitter that he had agreed to sell the privately-held company to Amazon. Read more
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With its recent sale to Amazon for over $800 million, Zappos.com has come a long way in the three years since we recorded this interview, at the Inc. 500 ... Watch video
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