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Woot Acquired by Amazon? Who Else is Hoping for Better Deals?

Posted on July 1, 2010 by Zach

As reported yesterday by Internet Retailer, Amazon is buying Woot, one of the pioneers of the one deal at a time model (Interested in creating your own one deal at a time store? Check out Dealo - end shameless plug).

I'm sure that many Wooters (especially those who have used Woot for a while) are excited about this as I have heard many a deal hunter comment about the lack of good deals on Woot lately. It will be interesting to see what if anything Amazon does with Woot, we saw them acquire Zappos and continue to let them run the company almost independently. I could however see them replicate Woot, fold it into Amazon.com (Friday sale anyone?) or continue to let it run and expand as it has, hopefully with better deals. Needless to say it will be interesting to watch it unfold.

If you are interested in a little Woot humor check out their rapping monkey video about being acquired.




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