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The funds gained from the IPO allowed Amazon to grow quickly, making its first three acquisitions on April 27, 1998, less than a year after the company had gone public. [2] After the dot-com bubble burst on March 11, 2000, several companies that Amazon had invested in went bankrupt, with Amazon's stock price itself sinking to record lows. [3]
Amazon's 10-stock portfolio was worth $2.5 billion at the end of the second quarter and included companies ranging from an EV maker, to a couple of semiconductor makers, to an egg producer.
Wikidata item; Appearance. move to sidebar hide. ... Pages in category "Amazon (company) acquisitions" The following 54 pages are in this category, out of 54 total.
Acquired in connection to the acquisition of Alleghany Corporation: Johns Manville: Materials and Construction 100% 2001/02/27 [38] $1.8 Billion [12] Jordan's Furniture: Furniture Related 100% 1999/10/11 Justin Brands: Clothing 100% 2000/08/01 $570 Million [12] Kansas Bankers Surety Company: Insurance and Finance 100% 1998/04/10 Kern River ...
Amazon may be known for its retail and tech chops, but the company has also built a strong operation in the healthcare realm over the last several years.
Amazon (NASDAQ: AMZN) and Costco Wholesale (NASDAQ: COST), the two largest U.S. retailers behind first-place Walmart, ended the year with solid growth and healthy stock gains. Amazon is the ...
[9] [10] On June 26, 2020, Amazon and Zoox signed a definitive merger agreement, under which Amazon acquired Zoox as a wholly-owned subsidiary for over $1.2 billion. [ 11 ] [ 12 ] As is the case with other Amazon subsidiaries like Amazon Web Services , Zoox has no independent board of directors, but operates as a separate legal entity with its ...
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