Amazon In Talks To Buy Spanish Private Sales Company BuyVip For $110 million

Ecommerce giant has long been rumored to make a $2 billion play for online private sales club sensation Vente-Privée, but so far a deal hasn’t happened. Now rumors are swirling that Amazon is in late-stage negotiations to acquire Spain-based rival BuyVip instead.

Company executives have denied the rumors so far, but Spanish business publication CincoDías cites multiple sources familiar with the talks having confirmed the acquisition to them. Paperwork is being signed today, according to said sources.

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