Amazon will shut down and a bunch of other sites

Facebook won’t sell diapers for much longer.

Amazon said Wednesday it plans to shutter the baby-care site and a handful of other specialty brands under the umbrella of its Quidsi unit, including, toy site and pet supply shop

The online shopping giant bought Quidsi in 2010 for half a billion dollars, making it one of its biggest acquisition to date.

But Amazon said it was never able to make the company profitable in the years since.

“We have worked extremely hard for the past seven years to get Quidsi to be profitable, and unfortunately we have not been able to do so,” a spokesperson said in a …

More about Diapers.Com, Quidsi, Amazon, and Business …read more

Via: Mashable: Business

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