Woot.com pioneered the "one deal per day" business model that is now used by several sites across the internet. The basic idea is that only one product is available for sale at any given time and each product is only available for 24 hours. At midnight (US Central time), the product is replaced by a different product. If a product sells out before then, a "Sold Out" message is displayed until the next day's product goes up.
Woot's 2007 revenue was $117MM.
On June 30th 2010, the NY Times reported that Woot.com had agreed to an acquisition by Amazon for an undisclosed amount.
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