Local news providers said BuyVIP's sale price could be about $100m if Amazon agrees purchase.

E-commerce retailer Amazon is reportedly planning to acquire Spain-based private sales club BuyVIP, according to local news provider Cinco Dias.

Local news providers said BuyVIP’s sale price could be about $100m.

BuyVIP has raised more than $20m from Germany-based media group Bertelsmann’s corporate venturing unit, Digital Media Investments, and venture capital firms 3i, Kennet Partners and Active Capital Partners.

BuyVIP, founded in 2006, is an online shopping community in Europe with more than six million members in Spain, Italy,…

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