Amazon to buy Diapers.com for half a Billion

Fortune reports that Amazon is set to buy Diapers.com fro $540 million.

Nov 7 2010, 1:11am CST | by Luigi Lugmayr

Amazon to buy Diapers.com for half a Billion

Amazon buys another successful online retailer. Last year they bought Zappos and now according to Fortune they are assimilating Diapers.com. Diapers.com is owned by Quidsi, which Amazon is said to pick up for $540 million.

Quidsi runs Diapers.com and Soap.com. They figured out how to make a business selling commodity products via the internet. According to Fortune they have a similar software algorithm based approach to doing business like Amazon.

Once you figured out how to make money and still offer competitive prices on stuff like diapers you are all set. The demand for diapers never ends.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.