Amazon to buy Whole Foods for $13.7B š³š°
Amazon just announced it's buying Whole Foods for $13.7B (!!!), another step toward their plans of world domination. š³
If their stock price is any indication ā up 2x from two years ago ā Jeff Bezos and team are on a tear, expanding their foothold far beyond their e-commerce bookstore roots. This year alone they launched a:
ā¢ Voice-activated wand for ordering anything
ā¢ Pinterest competitor (sort of)
ā¢ Device that takes photos of you while you dress (really)
ā¢ Credit card that offers 5% cashback on every Amazon purchase
ā¢ Live concert experiences for Prime members (watch out, Ticketmaster)
There's a reason VC's are hesitant to invest in any startup competing with Amazon.
Above is just a small sample of what they're building. See more here.
If their stock price is any indication ā up 2x from two years ago ā Jeff Bezos and team are on a tear, expanding their foothold far beyond their e-commerce bookstore roots. This year alone they launched a:
ā¢ Voice-activated wand for ordering anything
ā¢ Pinterest competitor (sort of)
ā¢ Device that takes photos of you while you dress (really)
ā¢ Credit card that offers 5% cashback on every Amazon purchase
ā¢ Live concert experiences for Prime members (watch out, Ticketmaster)
There's a reason VC's are hesitant to invest in any startup competing with Amazon.
Above is just a small sample of what they're building. See more here.
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