Does Amazon Own Zappos

Does Amazon Own Zappos In 2022? (The Complete Story)

Zappos, which was originally founded as an online seller of footwear in July 1999, soon expanded to sell clothing, handbags, eyewear, and other products.

  • You may wonder if Amazon has purchased Zappos if you are a shoe-lover like myself. It’s an interesting question and one that I researched to answer.
  • Does Amazon Own Zappos In 2022? (The Complete Story)

    Does Amazon Own Zappos In 2022?

    Zappos has been owned by Amazon since 2009. It was acquired in a $1.2billion deal. Amazon continues to run the Zappos online store as an independent site that allows shoppers to stock up on thousands and styles of shoes with a 365 day return policy. Zappos also is one of more than 100 Amazon businesses.

  • Keep reading to find out more about Amazon’s relationship with Zappos.
  • What Is Zappos?

    Zappos is an online store for clothing and shoes that originated as Shoesite.com.

    In just three months after its initial launch, Nick Swinmum became the Zappos founder and business grew quickly.

    The Spanish name for shoes, Zappos (Zapatos), is also the origin of the brand’s name. It has been a popular online retailer selling footwear.

    Zappos currently sells footwear, clothing, handbags sunglasses, jewelry, accessories, and other items for both men and women.

    Moreover, the retailer maintains an impressive inventory of thousands of shoe styles and brands, including top names like Converse, Adidas, Nike, and New Balance, just to name a few.

  • So, if you want to shop for new shoes, whether a pair of running shoes or high heels, you can find plenty of options on Zappos!
  • Zappos, despite its expansion to include handbags in addition to clothes, is committed to customer satisfaction.

    Does Amazon Own Zappos In 2022? (The Complete Story)

    Amazon Purchased Zappos

    Zappos shares similar starting points to Amazon, with Zappos being an online bookstore and Amazon as a book retailer.

    Both businesses grew fast, though Amazon’s was significantly faster. The company now has a market capitalization of $1.76 trillion. It is expected to continue its growth over the next decade.

    Amazon bought Zappos to increase its customer base and expand its network of similar businesses.

  • Jeff Bezos was the Amazon founder at that time. He stated, “Zappos has always been a customer-focused organization.” Both companies have great potential to collaborate and provide better customer experiences.
  • Amazon certainly recognized Zappos’ potential. Zappos’ annual sales now exceeds $2Billion.

    Amazon.com is the second most visited online retailer for shoes, with Zappos being owned by the retailer.

    Many shoppers are unaware that Zappos is owned by Amazon. They shop online for shoes and support Amazon indirectly.

    Is Amazon a part of other companies?

    Zappos isn’t the only company Amazon owns, as Amazon has a long list of acquisitions, particularly in the retail space.

    That said, it’s all part of Amazon’s smart business practices to diversify its portfolio and ensure it’s represented across different industries, not just retail.

    Amazon doesn’t just have Zappos or Whole Foods Market as its most prominent subsidiaries. There are other ones too.

    You may also recognize these companies:

  • Audible
  • Body Labs
  • IMDb
  • Ring
  • Twitch
  • Zoox
  • Also, Amazon subsidiaries cover both outside organizations and different divisions within Amazon, such as:

  • Amazon Air
  • Amazon Books
  • Amazon Fresh
  • Amazon Games
  • Amazon Logistics
  • Amazon Robotics
  • Amazon Studios
  • Amazon’s 2009 Zappos acquisition was a significant milestone in its history. In the decade that followed, many other companies have been acquired by Amazon.

    Whole Foods Market’s 2017 purchase for $13 billion is just one example.

    Additionally, the Amazon acquisition made a huge impact on America’s grocery market and allowed Amazon to increase its competitiveness with other supermarkets.

    Just like the purchase of Zappos enabled Amazon to become a leader in online shoe sales, more recent acquisitions have further cemented Amazon’s place as a top Fortune 500 company.

    In fact, Amazon and all its acquisitions, including Zappos, are seemingly set up for long-lasting success, as the company’s stock rises billions of dollars every year.

    Learn more by visiting our related posts on Amazon and Wayfair. You also can see our post about whether Amazon or Google owns Wayfair.

  • Conclusion
  • Amazon has owned Zappos since November 2009, and the popular online shoe retailer is just one of over 100 companies within Amazon’s portfolio.

    Zappos is like Amazon’s other businesses, having its own chairman and CEO. Headquarters are located in Las Vegas with $2 billion revenue.

    Amazon serves as Zappos’ parent and manages their operations.

    Amazon, in addition to Zappos and Whole Foods is also home to Twitch, Metro-Goldwyn-Mayer and Twitch.

    If you’re looking for shoes or clothing online, Zappos.com is the best option.

    .Does Amazon Own Zappos In 2022? (The Complete Story)

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