Amazon has acquired rival e-commerce company Quidsi for around $540m, according to several reports. An announcement is due later today.
Diapers.com was founded in Montclair, New Jersey, by Marc Lore and Vinit Bharara. It is described as the largest online baby care specialty site in the United States.
Recent Amazon deals reported on Fusion DigiNet
- Amazon acquires BuyVIP Posted on October 7, 2010
- Amazon buys online music retailer Amie Street Posted on September 8, 2010
- Amazon acquires online retailer Woot.com June 30, 2010
USA, Montclair, NJ & San Francisco, CA