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Monday, October 11, 2010

Amazon.com Buys BuyVIP.com

Amazon.com announced today that it agreed to buy BuyVIP.com. BuyVIP is a fashion and lifestyle online buying community. The company has over six million members in Spain, Germany, and Italy as well as other countries. BuyVIP.com offers customers time-limited campaigns from top fashion brands at lower prices.

“We are excited about joining the Amazon family," said CEO of BuyVIP.com, Gustavo Garcia Brusilovsky. "[We] believe doing so will help us further grow our presence in Europe and allow us to offer our members an even broader selection of high-quality products.”