In 1980 in Austin, Texas, Whole Foods was born as a natural foods store. In 2017, Amazon acquired it for about 14 billion dollars. By 2017, Whole Foods already had over $16 billion in revenues. It is now integrated within Amazon’s operations, thus enabling it to compete in the fresh food space, combined with Amazon Fresh (a grocery delivery service operating primarily in the US).
Over the years, Amazon acquired several companies. Among its 12 subsidiaries, Amazon has AbeBooks.com, Audible, ComiXology, Fabric.com, IMDb, PillPack, Shopbop, Souq.com, Twitch, Whole Foods Market, Woot!, and Zappos.
For instance, Amazon E-commerce competes with Shopify, Wix, Google, Etsy, eBay, and BigCommerce.
More about Amazon:
- Amazon Business Model
- Amazon SWOT Analysis
- Amazon Subsidiaries
- Amazon Competitors
- Who Owns Amazon
- What Is the Receivables Turnover Ratio?
- What Is Cash Conversion Cycle?
- Amazon Flywheel
- Amazon Value Propositions