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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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