Business Insider -
13 May 2014 23:05

In 2010, Amazon bought Quidsi — the e-commerce company responsible for Diapers.com, Soap.com, Wag.com, and other sites — for $450 million. Quidsi's founders, Marc Lore and Vinit Bharara, made a killing, but the sale wasn't entirely sweet. Before the acquisition, Amazon had more-or-less declared a pricing war against Diapers.com. Amazon started offering deep, deep discounts on diapers, trying to undercut the smaller company. This was not the first time that Amazon was willing to temporari...
Share this Article
Comment on this Article
Please to comment