Everything you should know about Amazon and Whole Foods Market Merger
In 2017, Amazon had announced the acquisition of Whole Foods Market for $13.4B. Amazon had acquired the Whole Foods for three years. As the news broke out, experts have begun to analyze this decision. Before we let you know how Amazon will provide whole food grocery delivery service , let’s know about Amazon and Whole Foods Market. Amazon Amazon is a celebrated e-commerce and cloud co mputing company based in Seattle, Washington State. It is the biggest internet-based retailer globally by net sale of around $136 billion and by market capitalization of around $465 Billion. Besides selling groceries, Amazon manufactures and sells electronic devices, including Kindle e-readers, Fire TV, and Echo. Amazon was started as an online marketplace for books, but over time, it expanded to sell other stuff like apparel, video games, furniture, toys, foods, jewelry, software, etc. Amazon suppressed Walmart in 2015 by market capitalization. Amazon is known for introducing technology innovati