Luxembourg – Amazon.com (NASD: AMZN) said on Thursday that it will
acquire BuyVIP.com, a European fashion and lifestyle online buying community
with more than six million members.
Financial terms of the transaction were not
disclosed.
BuyVIP operates sales clubs in Spain, Italy, Germany, Austria,
Portugal, Poland and the Netherlands.
"BuyVIP.com is an excellent
complement to Amazon’s European business and will provide another unique way
for Amazon customers to find and discover unique and compelling products,"
said Greg Greeley, vice president European Retail at Amazon.
Related Links:
http://tinyurl.com/28l6bv2
http://www.buyvip.com
