Amazon is buying high-end grocery chain Whole Foods for almost $14 billion. If the deal closes, pending regulatory approval, this would be the biggest acquisition in Amazon’s 23-year existence.
At almost $14 billion, Whole Foods would be Amazon’s biggest acquisition by a lot
Second biggest: Zappos in 2009.
Rani Molla was a senior correspondent at Vox and has been focusing her reporting on the future of work. She has covered business and technology for more than a decade — often in charts — including at Bloomberg and the Wall Street Journal.
At $13.7 billion, it’s $12.7 billion bigger — more than 14 times — than Amazon’s acquisition of online shoe store Zappos in 2009, then Amazon’s biggest buy, according to data from Thomson Reuters. Amazon also spent around a billion dollars for Twitch, a video game streaming service, in 2014. But this is much different, and much larger. (And perhaps a sense of Amazon’s appetite for other big deals. It also looked at Slack, the business chat startup, which could command around $9 billion.) Amazon this year also bought online retailer Souq.com, but the deal value hasn’t been disclosed.
Here’s a chart of Amazon’s biggest acquisitions so far:
Update: This post has been updated to include deal values from Thomson Reuters and a mention Souq.com deal, whose value isn’t disclosed.
This article originally appeared on Recode.net.
