Amazon.com has announced that it plans to acquire Quidsi Inc—owner of Diapers.com, an online shopping site dedicated to baby care products, Soap.com, which sells everyday essentials, and recently launched BeautyBar.com, a beauty products site—for $500 million. The deal has been approved by shareholders of the smaller company, Quidsi Inc, which will continue to operate independently […]
Amazon.com has announced that it plans to acquire Quidsi Inc—owner of Diapers.com, an online shopping site dedicated to baby care products, Soap.com, which sells everyday essentials, and recently launched BeautyBar.com, a beauty products site—for $500 million. The deal has been approved by shareholders of the smaller company, Quidsi Inc, which will continue to operate independently under its current leadership team. The deal is expected to close in December.
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