Tag Archives: founder

Amazon.com to Acquire Diapers.com and Soap.com

SEATTLE, Nov 08, 2010 (BUSINESS WIRE) — Amazon.com, Inc. today announced that it has reached an agreement to acquire Quidsi, Inc., which operates Diapers.com, an online baby care specialty site, and Soap.com, an online site for everyday essentials.

“I’m not sure which is more unpleasant–changing diapers, paying too much for them, or running out of them,” said Jeff Bezos, Founder and CEO of Amazon.com. “This acquisition brings together two companies who are committed to providing great prices and fast delivery to parents, making one of the chores of being a parent a little easier and less expensive.” (more…)

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Amazon.com Announces Third Quarter Sales up 39% to $7.56 Billion

SEATTLE, Oct 21, 2010 (BUSINESS WIRE) —  Amazon.com, Inc. today announced financial results for its third quarter ended September 30, 2010.

Operating cash flow increased 16% to $2.62 billion for the trailing twelve months, compared with $2.25billion for the trailing twelve months ended September 30, 2009. Free cash flow decreased 5% to $1.83 billion for the trailing twelve months, compared with $1.92 billion for the trailing twelve months ended September 30, 2009. (more…)

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