29-03-2017 23:49 via ibtimes.com

Amazon Shuts Down Quidsi, Announces It Will Buy Retailer SOUQ.com

Amazon is reportedly shutting down its Quidsi division, which ownsDiapers.com andSoap.com, according toBloomberg. The move comes a few years after Amazon acquired Quidsi for $545 million in 2011.
Amazon said it wasn’t able to make Quidsi profitable.
Read more »