March 29 (Reuters) - Amazon.com Inc said on Wednesday it was moving staff out of its Quidsi nursery, beauty and pet products subsidiary after the business failed to turn a profit.
“We have worked extremely hard for the past seven years to get Quidsi to be profitable, and unfortunately we have not been able to do so,” an Amazon spokeswoman said in a statement. “Quidsi has great brand expertise and they will continue to offer selection on Amazon.com; the software development team will focus on building technology for AmazonFresh.”
The news was reported earlier by Bloomberg. (Reporting by Jeffrey Dastin in San Francisco; Editing by Jeffrey Benkoe)