An Interest In:
Web News this Week
- April 16, 2024
- April 15, 2024
- April 14, 2024
- April 13, 2024
- April 12, 2024
- April 11, 2024
- April 10, 2024
February 15, 2012 01:49 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-6FAMYAJJVY/
After Raising $100 Million, Russias Amazon (OZON) Acquires Russias Zappos (Sapato)
OZON, often dubbed the 'Amazon of Russia', has acquired 100% of Sapato.ru, often dubbed the 'Zappos of Russia'. I hope I don't really need to remind you that Amazon acquired Zappos back in 2009.The acquisition of the online shoe and accessories retailer, which had been whispered about for the past few days after e-commerce giant OZON was given the go-ahead for the deal by the Federal Antimonopoly Service (FAS) of the Russian Federation, was confirmed by early Sapato.ru investor Fast Lane Ventures in a press release issued earlier this morning. Sadly, financial terms of the acquisition were not disclosed.Read more at TechCrunch Europe.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-6FAMYAJJVY/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch