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Amazon Buys Woot.com For $100M Plus


By Daya Baran at July 01, 2010 0 Comments    Share

Amazon has acquired Woot.com the deal-a-day website. The purchase price was not disclosed but word is the price was upwards of $110 million. In 2008 Woot had revenues of $164 million. Woot says Amazon will let the site continue to operate independently, similarly to how it lets Zappos (which it acquired for $1 Billion) and Audible run themselves.

Woot’s CEO blogged:

Holy crap! Woot has signed an agreement with Amazon – yes, the Amazon – to become an independent subsidiary of the ecommerce colossus. Woot HQ will remain in Carrollton, Texas, and will operate as autonomously as other Amazon companies like Zappos and Audible. More details forthcoming after we pick our eyeballs up off of the floor. Anybody see where Lefty rolled off to?

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