AMZN

Discussion in 'Stocks' started by ajacobson, Mar 12, 2018.

  1. dealmaker

    dealmaker

    Amazon buys self-driving company Zoox. The Everything Store is paying about $1.2 billion to acquire the startup, according to a report in The Wall Street Journal. Reports of a possible deal had first surfaced a month ago, also in The Journal. Amazon is thought to be interested in self-driving technologies as a way to one day automate its delivery fleet, but for now ,Zoox says Amazon will help roll out the self-driving taxi service it's been developing. Amazon has previously made minority investments in self-driving truck company Rivian Automotive and self-driving company Aurora Innovation, which also is now working on a self-driving truck. Tesla's Elon Musk used the Zoox acquisition as an opportunity to try to troll Jeff Bezos, accusing him on Twitter of being a "copy cat." It is the latest example of Musk's displeasure with Amazon, which he has called a "monopoly" that should be broken up.
     
    #131     Jul 1, 2020
  2. dealmaker

    dealmaker

    #132     Aug 19, 2020
  3. ironchef

    ironchef

    The one thing Sanders and Trump has in common: Both anti AMZN.
     
    #133     Aug 19, 2020
  4. Cuddles

    Cuddles

    #134     Jan 9, 2021
  5. dealmaker

    dealmaker

    All grown up:Some of Amazon’s most successful3rd-partysellers have been able to go public. Anker (electronics) is valued at $10B while Mohawk Group (home-products seller) is valued at $870m+.
     
    #135     Feb 9, 2021
    ajacobson likes this.
  6. dealmaker

    dealmaker

    • Shots fired:Amazon acquired Selz, a Shopify competitor that helps small businesses build online shops.
     
    #136     Feb 17, 2021