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Amazon Shuts Down Diapers.com as Founder Runs Walmart's E-Commerce Operations

posted by Fnord666 on Sunday April 02 2017, @10:26AM   Printer-friendly
from the that-stinks dept.

takyon writes:

Amazon is shutting down several websites it acquired when it bought Quidsi. Quidsi's co-founder went on to launch an Amazon competitor which he sold to Walmart for $3.3 billion:

Amazon said on Wednesday that it is shutting down Quidsi, one of its largest-ever acquisitions, which runs six shopping sites, including Diapers.com, Soap.com and Wag.com. The shutdown will result in layoffs of 263 people, according to a New Jersey state filing. But Bloomberg, which first reported the news, said some of these employees would be able to apply for new positions at Amazon. In a statement, an Amazon spokesperson blamed the shutdown on profitability issues.

[...] Quidsi's co-founder and then-CEO Marc Lore worked at Amazon for a few years following the deal, but it is an open secret in the industry that he did not enjoy his time there. He went on to launch an Amazon competitor, Jet.com, in 2015, which he sold last year to Walmart for $3.3 billion.

Lore now runs all U.S. e-commerce operations for Walmart, Amazon's biggest competitor stateside. Last week, he told me in an onstage interview at Code Commerce that his long-term goal for Walmart is to win the U.S. e-commerce battle. I asked him if that means being the No. 2 player behind Amazon, since the Seattle giant has such a huge lead. "Win means win," Lore said.

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  • (Score: 2) by lx on Sunday April 02 2017, @10:56AM (2 children)

    by lx (1915) on Sunday April 02 2017, @10:56AM (#487891)

    Where will I get my diapers, soap and wag now?
    WTF is wag anyway?

  • (Score: 1, Interesting) by Anonymous Coward on Sunday April 02 2017, @12:19PM (4 children)

    by Anonymous Coward on Sunday April 02 2017, @12:19PM (#487913)

    Even if it's Walmart, I'm glad to hear that *someone* is taking on Amazon head on.

    • (Score: 2) by c0lo on Sunday April 02 2017, @01:05PM (3 children)

      by c0lo (156) Subscriber Badge on Sunday April 02 2017, @01:05PM (#487924) Journal

      is taking on Amazon head on.

      Enjoying suicidal snuff, aren't you?

      --
      https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford

      • (Score: 0) by Anonymous Coward on Sunday April 02 2017, @04:02PM (2 children)

        by Anonymous Coward on Sunday April 02 2017, @04:02PM (#487955)

        ???

        • (Score: 2) by cubancigar11 on Monday April 03 2017, @05:36AM

          by cubancigar11 (330) on Monday April 03 2017, @05:36AM (#488126) Homepage Journal

          Death by snu snu, I suppose :/

        • (Score: 2) by c0lo on Thursday April 06 2017, @11:38AM

          by c0lo (156) Subscriber Badge on Thursday April 06 2017, @11:38AM (#489610) Journal

          Snuff movie [wikipedia.org]

          A snuff film, or snuff movie, is "a movie in a purported genre of movies in which a person is actually murdered or commits suicide"

          --
          https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
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