Top 10 Most Expensive Amazon Acquisition
Amazon has made some large purchases over the years, but they seem to favor making investments in companies, and marketing agreements with the most expensive amazon acquisition. Amazon.com, Inc. is an American multinational electronic commerce company with headquarters in Seattle, Washington, United States. It is the world’s largest online retailer. Here are the list of top 10 most expensive amazon acquisition.
10. Lovefilm International
Investment announced April 2, 2008 by Amazon.com. This most expensive amazon acquisition became the largest shareholder of stock for Lovefilm.com in exchange for Amazon Europe’s DVD rental business in the United Kingdom and Germany, as well as a cash investment. The agreement also included a multi-year deal for Amazon Europe to promote Lovefilm.com’s services to customers in the UK and Germany
The Chairman of Booktour is author and journalist Chris Anderson, who is the editor in chief of Wired Magazine, and the writer of the book The Long Tail. The company lets authors create profile pages where they can communicate with fans, and provide a schedule of events they may be participating in.
8. Reflexive Entertainment Inc.
Acquired October 20, 2008 one of the most expensive amazon acquisition. The acquisition added significantly to the games that Amazon offers, and the Reflexive website appears to run as a standalone business with no sign that it is owned by Amazon except for CEO Lars Brubaker’s announcement of the acquisition.
7. Internet Movie Database
The Internet Movie Database (IMDb) is an online database of information related to movies, television shows, actors, production crew personnel, video games and fictional characters featured in visual entertainment media. In 1998, Jeff Bezos, founder, owner and CEO of Amazon.com, struck a deal with Col Needham and other principal shareholders to buy IMDb outright and attach it to Amazon as a subsidiary, private company.
Shelfari is a social cataloging website for books. Shelfari users build virtual bookshelves of the titles they own or have read, and can rate, review, tag, and discuss their books. Users can also create groups that other members may join, create discussions, and talk about books, or other topics. Recommendations can be sent to friends on the site for what books to read. Shelfari was launched on October 11, 2006. In February 2007, Amazon.com invested $1 million in Shelfari, most expensive amazon acquisition.
5. Alexa Internet
Alexa Internet, Inc. is a California-based subsidiary company of Amazon.com that is known for its toolbar and website. Once installed, the toolbar collects data on browsing behavior which is transmitted to the website where it is stored and analyzed and is the basis for the company’s Web traffic reporting. Alexa claims that 6 million people visit its website monthly. In 1999, Alexa was acquired by Amazon.com for about US$250 million in Amazon stockas the most expensive amazon acquisition.
Audible.com is an Internet provider of spoken audio entertainment, information, and educational programming. Audible sells digital audiobooks, radio and TV programs, and audio versions of magazines and newspapers. On January 31, 2008 Amazon.com announced it would buy Audible for about $300M. The deal closed in March 2008 and Audible is now a subsidiary of Amazon. The company is one of the most expensive amazon acquisition.
Founded in 2005 by Marc Lore and Vinit Bharara in Montclair, NJ, is the largest online specialty retailer for baby products. Today, Diapers.com is the largest pure play retailer online for everything baby. Amazon.com acquired Quidsi, Inc., which operates Diapers.com and Soap.com for $550 million on November 8, 2010. This most expensive amazon acquisition will continue to operate independently.
2. Joyo.com Limited
The largest online retailers of books, music and videos in China at the time. Amazon.com took over Joyo for $75 million on August 19, 2004 as one of the most expensive amazon acquisition. It became 7th regional website of Amazon.com after U.S., Canada, France, Germany, Japan, and United Kingdom.
Zappos.com is an online shoe and apparel shop currently based in Henderson, Nevada. In July 2009, the company announced it would be acquired by Amazon.com in an all-stock deal worth about $1.2 billion. Since its founding in 1999, Zappos the most expensive amazon acquisition has grown to be the largest online shoe store.