Industry | Retail |
---|---|
Founded | 1998 |
Defunct | 2001 |
Fate | Liquidation |
Headquarters | New York City, United States |
Key people | Joseph Park Yong Kang |
Products | Online store, delivery service |
Kozmo.com was a venture capital–funded online company that promised free one-hour delivery of "videos, games, DVDs, music, mags, books, food, basics and more"[1] and Starbucks coffee in several major cities in the United States. It was founded in March 1998 by young investment bankers Joseph Park and Yong Kang in New York City, and was out of business by April 2001. The company is often cited as an example of the dot-com bubble.[2] In January 2013, the brand was bought by Yummy.com and announced that they would relaunch soon. In March 2018, Kozmo was relaunched as a warehouse club.[3] The Kozmo.com website is offline as of July 2023.