{"id":126554,"date":"2021-05-27T22:36:02","date_gmt":"2021-05-27T22:36:02","guid":{"rendered":"https:\/\/precoinnews.com\/?p=126554"},"modified":"2021-05-27T22:36:02","modified_gmt":"2021-05-27T22:36:02","slug":"timeline-amazons-major-acquisitions-over-the-years","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/timeline-amazons-major-acquisitions-over-the-years\/","title":{"rendered":"Timeline: Amazon's major acquisitions over the years"},"content":{"rendered":"
(Reuters) – Amazon.com Inc on Wednesday snapped up MGM, the fabled U.S. movie studio behind the James Bond franchise, for $8.45 billion, in what will be its second-biggest acquisition ever as the e-commerce giant moves deeper into several sectors.<\/p> The deal opens up a vast library of hit movies and TV shows, for Amazon, including \u201cThe Handmaid\u2019s Tale\u201d, \u201cVikings\u201d and \u201cShark Tank\u201d, and further strengthens its Prime video streaming service.<\/p>\n The announcement by the e-commerce giant comes more than a week after AT&T, the owner of HBO and Warner Bros studios, and Discovery, home to lifestyle TV networks such as HGTV and TLC, said they would combine their content to form a standalone global entertainment and media business in a $43 billion deal.<\/p>\n Here is a timeline of Amazon\u2019s largest deals over the last 20 years:<\/p>\n 2020 – Agrees to buy California-based self-driving startup Zoox Inc in a deal reported to be worth more than $1 billion that gives it options to use autonomous technology in either ride-hailing or its delivery network. (reut.rs\/3oWjNBG)<\/p>\n 2019 – Agrees to acquire a 49% stake in a unit of India’s Future Group which owns 7.3% of Future Retail, giving the U.S.-based company a 3.58% stake in the retailer which operates more than 1,500 stores in the country. (reut.rs\/3hSVpz6)<\/p>\n 2018 – Agrees to buy video doorbell maker Ring, in a growing bet on delivering packages inside of shoppers’ homes and on home security. (reut.rs\/3yHMuXc)<\/p>\n 2018 – Agrees to acquire small online pharmacy PillPack, a move to compete with drugstore chains, drug distributors and pharmacy benefit managers. (reut.rs\/34jglrb)<\/p>\n 2017 – Says it would buy Whole Foods Market Inc for $13.7 billion, in what has been its biggest ever deal so far. (reut.rs\/3wwQ1Wv)<\/p>\n 2017 – Clinches deal to buy Middle East online retailer Souq.com. Financial terms were not disclosed. (reut.rs\/3ui71yb)<\/p>\n 2017 – An affiliate of the company agrees to buy a 1.79 billion-rupee ($27.6 million) stake in Indian retailer Shoppers Stop Ltd (reut.rs\/3vlL4ji)<\/p>\n 2014 – Snaps up live-streaming gaming network Twitch Interactive for about $970 million in cash. (reut.rs\/3yxMCZD)<\/p>\n 2012 – Agrees to buy robotic technology company Kiva Systems Inc for $775 million in cash. (reut.rs\/3yBMPL3)<\/p>\n 2010 – Buys the owner of online shopping sites Diapers.com and Soap.com, Quidsi, for $500 million. (reut.rs\/3wDhhD3)<\/p>\n 2009 – Pays about $928 million to acquire online shoe retailer Zappos.com. (reut.rs\/3wypjgc)<\/p>\n