As of November 7, 2007, Submarino S.A. was acquired by B2W Companhia Global de Varejo S.A. (BOVESPA:BTOW3). Submarino.com Limited operates as an online retailer primarily in Brazil. Through its Web site, submarino.com.br, the company offers approximately 700,000 items in 24 product categories, including national books, rare, and import books; CDs and musical instruments; DVDs; electronics; cine and photo; household appliances; house wares; bed; dining and bath; informatics; games; sport and leisure; telephony; baby products; toys; fashion jewelry and watches; automotive and tools; pet shop; and health and beauty. Submarino also offers outsourced e-commerce services for consumer products companies. The company was founded in 1999 and is headquartered in Sao Paulo, Brazil. As of January 17, 2007, Submarino S.A. operated as a subsidiary of B2W Companhia Global do Varejo.