Zappos
About
Zappos.com is an American online shoe and clothing retailer founded in 1999 by Nick Swinmurn, initially launched as Shoesite.com. Based in Las Vegas, Nevada, the company generated US$2 billion in revenue in 2015. A significant milestone occurred in July 2009 when Amazon acquired Zappos in an all-stock deal valued at approximately $1.2 billion, involving 10 million shares of Amazon's common stock and an additional $40 million in cash and restricted stock for Zappos employees.
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