BuyVIP is an exclusive, invitation-only online destination where invited members discover premier brands in time limited campaigns. It is the leading European private buyers’ club with more than 400 brand relationships across the region and an online community of more than 3.5 million members. It has operations in Spain, Germany and Italy, and offers a unique and efficient direct marketing channel to its brand partners. Amazon.com (NASDAQ:AMZN) agreed to acquire the company in October 2010.