Community Site Acquires E-Commerce Provider | Internet News

Community Site Acquires E-Commerce Provider

Written By
Cyrus Afzali
Cyrus Afzali
Feb 1, 1999
1 minute read

Online community site theglobe.com Inc. Monday acquired online department store Azazz.com.


theglobe.com plans to issue 307,000 shares of new common stock to
Azazz.com’s parent, factorymall.com inc., to finance the deal.


Todd Krizelman, co-chief executive officer of theglobe.com, said the deal
will significantly enhance the online community’s shopping offerings and
enable it to offer a broad array of products.


Of particular interest, Krizelman said, is Azazz’s personal shopper
application, which enables customers to community directly with live
customer service representatives during each step of the transaction.


“Azazz! is a natural fit with theglobe.com’s online community and will
provide our users with a rich shopping experience in addition to our brand
name content and member interaction, Krizelman said.


He said theglobe.com will continue to develop and acquire content and
services to broaden its shopping offerings and make its technology more
sophisticated.

Internet News Logo

InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.