15 Largest Internet Acquisitions Ever

12. Amazon buys Zappos
Sale Price: $1.2 Billion
Year: 2009

Zappos has grown to be the largest online shoe store since its founding in 1999 as “ShoeSite.com”.  After a few month of its launch, the name was changed from “ShoeSite” to “Zappos”. Since 1999 to 2009, Zappos was the leading online store for shoes and also had extended their reach to all kinds of clothing and accessories.

In the year 2009, Amazon announced that it had acquired its younger competitor for $1.2 billion in an all-stock deal.

11. eBay buys PayPal
Sale Price: $1.5 Billion
Year: 2002

PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders.

After the acquisition, Meg Whitman, President and CEO of eBay said, "eBay and PayPal have complementary missions. We both empower people to buy and sell online. Together we can improve the user experience and make online trading more compelling, " as quoted by CNN.

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