Zappos

Zappos.com
Company typeSubsidiary
IndustryRetail
FoundedJuly 12, 1999; 25 years ago (1999-07-12)
FounderNick Swinmurn
Headquarters,
Key people
Scott Schaefer (CEO)
Kedar Deshpande (Ex CEO)
Tony Hsieh (Ex CEO)
Alfred Lin (Ex Chairman, COO)
Fred Mossler
Steve Hill (Ex VP of Merchandising)
Arun Rajan (Ex COO & ex CTO)
ProductsShoes, handbags, eyewear, accessories, clothing
RevenueUS$2 billion (2015)
Number of employees
1,500+
ParentAmazon
Websitezappos.com

Zappos.com is an American online shoe and clothing retailer based in Las Vegas, Nevada, United States.[1] The company was founded in 1999 by Nick Swinmurn and launched under the domain name Shoesite.com. In July 2009, Amazon acquired Zappos in an all-stock deal worth around $1.2 billion at the time.[2][3][4][5] 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 Zappos employees.[6]

  1. ^ Max Chafkin (2006). "How I Did It: Tony Hsieh, CEO, Zappos.com". Inc.com. Retrieved October 11, 2007.
  2. ^ "Amazon.com, Inc, Form 8-K, Current Report, Filing Date Jul 22, 2009" (PDF). secdatabase.com. Retrieved April 25, 2018.
  3. ^ Wauters, Robin (November 2, 2009). "Amazon Closes Zappos Deal, Ends Up Paying $1.2 Billion". TechCrunch. Retrieved January 28, 2010.
  4. ^ Hsieh, Tony (June 1, 2010). "Why I Sold Zappos". Inc. Retrieved June 8, 2010.
  5. ^ Jacobs, Alexandra. Happy Feet: Inside the online shoe utopia The New Yorker. September 14, 2009.
  6. ^ Parr, Ben (July 22, 2009). "Here's Why Amazon Bought Zappos". Mashable. Retrieved June 2, 2020.