You Have No Idea How Many Companies Amazon Owns
River of Dreams
For a few hours on July 26, Jeff Bezos was the richest man in the world, with Amazon’s soaring stock prices sending his net worth to over $90 billion.
The Amazon founder didn’t make all that money just selling books. Bezos’ 23-year-old behemoth has grown to encompass everything from cloud storage to supermarkets, challenging conventional wisdom and terrifying competitors.
Check out 9 ways Amazon is taking over the world.
With their stunning, $13.4 billion acquisition of Whole Foods in June, Amazon didn’t just acquire a pricey supermarket chain, they also established a foothold in more than 460 locations across the country.
Food Prep Kits
When news spread that Amazon merely filed a trademark for a meal-kit delivery service, the stock price of Blue Apron sunk as much as 12%.
Taking aim at Pinterest and others, in July Amazon launched Spark, a shoppable social network featuring photos and stories.
This one’s still just a rumor, but all signs point to the fact that Amazon is building a standalone messaging app called Anytime.
You might not be aware that the Amazon Advertising Platform is serving up display ads online, but last year the company made more than $1.3 billion in ad sales. Some experts believe the platform could represent a real threat to Google.
Yes, Google has to watch out on the search front as well – in May, Amazon acquired a data analysis and search engine startup in May to improve search on Alexa.
Content and Distribution
Amazon-produced movies like Manchester by the Sea and TV shows like Transparent are helping upend the entertainment industry. Last year alone, the company spent $4.5 billion on developing content.
What do IMDB, analytics platform Alexa.com, Box Office Mojo, and Goodreads have in common? They’re all owned by Amazon.
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