The acquisition of Whole Foods Market by Amazon in 2017 is the most costly company take-over by Bezos's corporation to date, for the whopping tag price of 13.7 billion U.S. dollars. This acquisition was a move to expand the company's online grocery business, one of the fastest growing online shopping segments in the United States. Metro-Goldwyn-Mayer, acquired by Amazon in May 2021, ranks second, with a reported acquisition value of 8.45 billion dollars. The third is Zoox, an autonomous driving startup bought by Amazon for roughly 1.3 billion in 2020.
In March 2017, the retail platform acquired Dubai-based Souq.com for 580 million U.S. dollars. Amazon also purchased the social gaming video platform Twitch for 970 million U.S. dollars in August 2014.
Most expensive company acquisitions by Amazon as of May 2021
(in million U.S. dollars)
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Statista. (December 17, 2021). Most expensive company acquisitions by Amazon as of May 2021 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 30, 2022, from https://www.statista.com/statistics/192309/price-of-selected-acquisitions-by-amazon-since-1999/
Statista. "Most expensive company acquisitions by Amazon as of May 2021 (in million U.S. dollars)." Chart. December 17, 2021. Statista. Accessed June 30, 2022. https://www.statista.com/statistics/192309/price-of-selected-acquisitions-by-amazon-since-1999/
Statista. (2021). Most expensive company acquisitions by Amazon as of May 2021 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 30, 2022. https://www.statista.com/statistics/192309/price-of-selected-acquisitions-by-amazon-since-1999/
Statista. "Most Expensive Company Acquisitions by Amazon as of May 2021 (in Million U.S. Dollars)." Statista, Statista Inc., 17 Dec 2021, https://www.statista.com/statistics/192309/price-of-selected-acquisitions-by-amazon-since-1999/
Statista, Most expensive company acquisitions by Amazon as of May 2021 (in million U.S. dollars) Statista, https://www.statista.com/statistics/192309/price-of-selected-acquisitions-by-amazon-since-1999/ (last visited June 30, 2022)
