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I wonder what the profit is like over at Zappos. We know that they did $1.1ish Billion in revenues but profit figures may be much lower (I've heard as low as $5
by jakarta 17y ago
I wonder what the profit is like over at Zappos. We know that they did $1.1ish Billion in revenues but profit figures may be much lower (I've heard as low as $50M pre-tax). My guess though is that Amazon's shipping chain will allow Zappos to lower their costs, increasing EBIT. Still though, does not seem like a cheap deal.
At least Amazon will be able to leverage the Zappos brand should they decide to expand more into Apparel. This would probably work out well in the long term.