Submitted by Bibliofuture on November 8, 2010 - 12:12am
Amazon Has a Reported Deal to Buy Parent of Diapers.com
Amazon.com plans to announce Monday that it will acquire Quidsi, the e-commerce company that runs Diapers.com, for about $540 million, (Man! Half a billion for this.) according to a person with knowledge of the deal.
The acquisition suggests how far Amazon will go to maintain its edge in many corners of e-commerce, including sales of bulky household items for which it competes against Walmart.com and online drugstores.