List of mergers and acquisitions by Amazon

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List of mergers and acquisitions by Amazon

Amazon.com, Inc. is an American conglomerate headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble.[1] The funds gained from the IPO allowed Amazon to grow quickly, making its first three acquisitions on April 27, 1998, less than a year after the company had gone public.[2]

Amazon logo
The Amazon Spheres, part of the Amazon headquarters campus in Seattle

After the dot-com bubble burst on March 11, 2000, several companies that Amazon had invested in went bankrupt, with Amazon's stock price itself sinking to record lows.[3] Despite Amazon's survival, the company made very few investments for the next several years, only acquiring two companies between 2000 and 2004. The company returned to making multiple acquisitions per year in 2005, focusing on acquiring digital retailers and media websites. Starting in 2011, Amazon began shifting its focus to buying technology startups to develop and improve Amazon Echo and grow its Amazon Web Services division.

Amazon has diversified its acquisition portfolio into several market sectors, with its largest acquisition being the purchase of the grocery store chain Whole Foods Market for $13.7 billion on June 16, 2017.[4][5]

Acquisitions

Summarize
Perspective
More information Number, Company ...
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Stakes

More information Date, Company ...
Date Company Business Country  % stake Value (USD) Refs
February 18, 1999 GeoWorks Technology  United States 7% $5,000,000 [243]
February 24, 1999 Drugstore.com E-commerce  United States 40%poes [244][245][246]
May 19, 1999 Homegrocer.com Grocery delivery  United States 35% $42,500,000 [247]
July 15, 1999 Gear.com Retail  United States 49% [248]
December 1, 1999 Ashford.com Retail  United States 16.6% $10,000,000 [249][18]
1999 Della.com Gift registry  United States 20% [250]
1999 Kozmo.com Delivery  United States 21.7% [251]
1999 Naxon Corporation  United States 61% [251]
March 29, 1999 Pets.com Retail  United States 54% [4]
February 3, 2000 Greg Manning Auctions, Inc. Auctioneering  United States $5,000,000 [252]
March 28, 2000 Eziba.com Retail  United States 20% $17,500,000 [253][254]
2000 Basis Technology Technology  United States 11% [253][255]
2000 Greenlight.com Car retailer  United States 5% [253][256]
2001 Altura International  United States 20% $5,000,000 [257]
2001 Daksh.com  United States 11% [257]
August 7, 2007 Amie Street Music streaming  United States [258][259]
March 8, 2016/March 8, 2021 Air Transport Services Group Cargo airline USA 19.999% $131,000,000 [260][261]
February 22, 2018 Greenlight Financial Technology Inc Financial services  United States [262]
May 3, 2018 Embodied Robotics  United States [263]
September 20, 2018 More Supermarket chain  India 49% $280,000,000 [264][265]
October 17, 2018 SevenRooms Software  United States [266]
February 15, 2019 Rivian Autonomous driving  United States 18% [267][268][269][270]
2019 YES Network Sports television network  United States 15% [271]
September 25, 2023 Anthropic Artificial intelligence  United States $1,250,000,000[a] [272]
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Divestitures

More information Date, Acquirer ...
Date Acquirer Target company Target business Acquirer country/nationality Value (USD) Refs
September 24, 2003 Scholastic Back to Basics Toys Toy retail  United States $4,750,000 [273]
December 13, 2018 Wikia, Inc. Curse LLC Gaming websites  United States [274][275]
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See also

Notes

  1. With an option to invest up to $4 billion

References

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