The $600MM finger?.
Shortly after Marc Lore earned publicity for rapid-fire acquisitions as the head of e-commerce at Wal-Mart, Jeff Bezos declares they’re going to shut down the sites they bought from Lore in 2011 – diapers.com and others. The stated reason is that they couldn’t turn a profit, but execs projected profitability for 2017. What happened? | learn more