Allbirds, a startup company that sells a line of shoes, clothing, and accessories made from recycled materials, has been sold to Amazon. The sale was finalized on Thursday, and Amazon is set to take over Allbirds’ operation and continue to produce the products.
Allbirds has been a popular startup in recent years, with high demand for their products. The company has been able to create a successful business by selling high-quality, sustainable products at an affordable price.
Since Amazon is taking over Allbirds’ operation, the company will be able to continue to produce the same high-quality products while also benefiting from Amazon’s reach and distribution channels. This acquisition is a positive move for both Allbirds and Amazon, and demonstrates the growing demand for sustainable products.
