Amazon’s acquisition of European online shopping site BuyVP com

October 8th news, according to foreign media reports, Amazon in the United States on Thursday announced the upcoming purchase of European online shopping site The site has operations in many European countries, including Spain, Italy and germany.

Amazon said the acquisition will be completed in the fourth quarter of this year, but Amazon did not disclose the specific amount of the acquisition.

is reported that, BuyVIP business forms and some of the United States similar to the site, that is, the user can become a member of the free choice of designer products. BuyVIP headquartered in Spain, currently has more than 6 million users.

analysts said the acquisition shows that Amazon is trying to meet the needs of online users diversified strategy. In June of this year, Amazon acquired the buy site

shares rose 40 cents to $155.8 in afternoon trading.

Leave a Reply

Your email address will not be published. Required fields are marked *