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Amazon.com, Inc.

Acquisitions

Amazon Acquisitions

8

Major Deals Covered

$30.2B

Disclosed Deal Value

What are Amazon's biggest acquisitions?

Amazon's largest disclosed acquisition here is Whole Foods Market for $13.7B in 2017. This page covers 8 major deals from 2009 to 2023, each with its price where disclosed and the reason behind it.

Major deals covered
8
Largest deal
Whole Foods Market ($13.7B)
First deal
2009
Most recent
2023
CompanyYearPricePurpose
Whole Foods Market2017$13.7BAmazon acquired Whole Foods Market for $13.7 billion to enter premium grocery, gain hundreds of physical stores, and connect Prime benefits to local shopping. The deal gave Amazon a real estate base for grocery experimentation, delivery, pickup, and private-label food strategy.
Kiva Systems2012$775.0MAmazon acquired Kiva Systems for $775 million to bring warehouse robotics inside its fulfillment network. The purchase gave Amazon mobile robots that could move inventory pods to workers, improving speed, density, and labor productivity inside fulfillment centers.
Twitch Interactive2014$970.0MAmazon acquired Twitch for $970 million to enter live-streaming video, gaming communities, creator monetization, and younger media audiences. The deal gave Amazon a social video platform that could connect Prime, advertising, subscriptions, and cloud services.
Ring2018$839.0MAmazon acquired video-doorbell maker Ring on April 12, 2018, to extend its hardware ecosystem to home security, front-door monitoring, and package delivery protection.
Zappos2009$847.0MAmazon agreed in July 2009 to acquire Zappos for about 10 million Amazon shares, valued at roughly $807 million on the 45-day average closing price, plus $40 million in cash and restricted stock for Zappos employees. The point was footwear and apparel e-commerce plus a customer service culture Amazon wanted to learn from.
PillPack2018$753.0MAmazon acquired PillPack for $753 million to enter prescription delivery and build the foundation for Amazon Pharmacy. The deal brought pharmacy licensing, medication packaging capabilities, and a specialized team familiar with regulated healthcare workflows.
Metro-Goldwyn-Mayer2022$8.4BAmazon acquired MGM for $8.45 billion to deepen Prime Video's content library with well-known franchises including James Bond, Rocky, and thousands of film and television titles that could support streaming retention and advertising-supported media.
One Medical2023$3.9BAmazon acquired One Medical for $3.9 billion to enter membership-based primary care and connect healthcare access with Amazon Pharmacy, Prime benefits, and broader consumer services.
What companies has Amazon bought?
Major acquisitions by Amazon documented here include Whole Foods Market (2017), Metro-Goldwyn-Mayer (2022), One Medical (2023), Twitch Interactive (2014) and Zappos (2009).
What is Amazon's most recent acquisition?
The most recent Amazon acquisition documented here is One Medical, in 2023, for $3.9B.

One Medical

2023

$3.9B

Why

Amazon acquired One Medical for $3.9 billion to enter membership-based primary care and connect healthcare access with Amazon Pharmacy, Prime benefits, and broader consumer services.

Impact

One Medical expanded Amazon's healthcare ambitions with physical clinics, employer relationships, and a recognized primary-care brand. Healthcare regulation, provider economics, and patient trust make the outcome less predictable than retail or cloud expansion, but the acquisition positions Amazon to build an integrated care-and-commerce model over time.

Outcome

One Medical now operates as part of Amazon's health services division, offering Prime members discounted membership rates and same-day appointments integrated with Amazon Pharmacy delivery.

Metro-Goldwyn-Mayer

2022

$8.4B

Why

Amazon acquired MGM for $8.45 billion to deepen Prime Video's content library with well-known franchises including James Bond, Rocky, and thousands of film and television titles that could support streaming retention and advertising-supported media.

Impact

MGM strengthened Amazon's content catalog and gave Prime Video more intellectual property to compete with Netflix, Disney+, and other streaming services. The financial return depends on whether content spending improves Prime retention and advertising revenue rather than becoming an expensive standalone media bet.

Outcome

MGM's library and production capabilities have been integrated into Amazon MGM Studios, providing content for Prime Video's ad-supported tier and strengthening the streaming membership benefit within the broader Prime membership.

Ring

2018

$839M

Why

Amazon acquired video-doorbell maker Ring on April 12, 2018, to extend its hardware ecosystem to home security, front-door monitoring, and package delivery protection.

Impact

Ring expanded Amazon's consumer device portfolio beyond indoor Echo smart speakers into connected home security, deeply integrating with Alexa and Amazon Key in-garage delivery logistics.

Outcome

Ring became a market leader in residential smart video doorbells and cameras, providing hardware subscription revenues while driving digital ecosystem retention.

PillPack

2018

$753M

Why

Amazon acquired PillPack for $753 million to enter prescription delivery and build the foundation for Amazon Pharmacy. The deal brought pharmacy licensing, medication packaging capabilities, and a specialized team familiar with regulated healthcare workflows.

Impact

PillPack gave Amazon a credible entry point into pharmacy, but healthcare has moved more slowly than retail categories because of regulation, insurance relationships, and patient trust. The acquisition remains relevant as Amazon builds out pharmacy pricing, delivery, and subscription-linked healthcare services.

Outcome

PillPack became the foundation for Amazon Pharmacy, which launched in 2020 and now offers prescription delivery, transparent pricing, and Prime member discounts on medications.

Whole Foods Market

2017

$13.7B

Why

Amazon acquired Whole Foods Market for $13.7 billion to enter premium grocery, gain hundreds of physical stores, and connect Prime benefits to local shopping. The deal gave Amazon a real estate base for grocery experimentation, delivery, pickup, and private-label food strategy.

Impact

The acquisition gave Amazon a physical grocery platform and a recognized premium brand, but it did not produce a rapid takeover of grocery. Low margins, local habits, perishability, and store execution limited disruption. Whole Foods remains useful as infrastructure and brand presence rather than proof that Amazon can dominate every physical retail category.

Outcome

Whole Foods gave Amazon grocery credibility and physical infrastructure but did not deliver the category dominance the acquisition initially suggested. The brand operates as a premium platform within Amazon's broader grocery strategy.

Twitch Interactive

2014

$970M

Why

Amazon acquired Twitch for $970 million to enter live-streaming video, gaming communities, creator monetization, and younger media audiences. The deal gave Amazon a social video platform that could connect Prime, advertising, subscriptions, and cloud services.

Impact

Twitch became a durable media asset with strong cultural relevance in gaming and livestreaming. Monetization has been uneven, but the acquisition expanded Amazon beyond shopping and helped build advertising and Prime-linked engagement with younger demographics.

Outcome

Twitch remains the dominant live-streaming platform for gaming but has faced profitability challenges and creator disputes. It contributes to Amazon's advertising inventory and Prime ecosystem engagement.

Kiva Systems

2012

$775M

Why

Amazon acquired Kiva Systems for $775 million to bring warehouse robotics inside its fulfillment network. The purchase gave Amazon mobile robots that could move inventory pods to workers, improving speed, density, and labor productivity inside fulfillment centers.

Impact

Kiva became the foundation of Amazon Robotics and materially shaped the company's logistics advantage. The deal helped Amazon make faster shipping more economical, although automation also intensified debates about warehouse labor expectations and safety.

Outcome

Kiva became Amazon Robotics and now operates hundreds of thousands of robots across the fulfillment network, reducing per-unit handling costs and enabling the speed that makes Prime delivery promises credible at scale.

Zappos

2009

$847M

Why

Amazon agreed in July 2009 to acquire Zappos for about 10 million Amazon shares, valued at roughly $807 million on the 45-day average closing price, plus $40 million in cash and restricted stock for Zappos employees. The point was footwear and apparel e-commerce plus a customer service culture Amazon wanted to learn from.

Impact

Zappos gave Amazon credibility in fashion and footwear while demonstrating that Amazon could acquire strong-culture companies without immediately absorbing them. The brand operated semi-independently for years before being more closely integrated.

Outcome

Zappos operated as a subsidiary focused on shoes and apparel with its own culture until Amazon eventually integrated its operations more tightly, applying lessons from Zappos's customer service philosophy across the broader organization.

Amazon.com, Inc.'s Growth & Acquisition Strategy

Amazon's growth now comes mostly from the higher-margin layers on top of its infrastructure. Advertising services grew from $56.2B in FY2024 to $68.6B in FY2025 as Amazon added inventory in Prime Video, grocery, and its demand-side platform. In AWS the company is spending on its own silicon and capacity: the Project Rainier cluster of roughly 500,000 Trainium2 chips, built with Anthropic, became fully operational in October 2025, and Amazon had put $8.0B into Anthropic convertible notes by the end of 2025. Retail growth is being pushed through grocery, pharmacy, and same-day delivery rather than new categories, and Amazon Leo, the satellite network previously called Project Kuiper, is being aimed at commercial connectivity contracts.

How Amazon.com, Inc. Makes Money

Amazon runs a hybrid model: it buys inventory and sells it directly, and it rents its store, warehouses, and ad inventory to independent sellers. In FY2025 online stores produced $269.3B of net sales, third-party seller services $172.2B, advertising services $68.6B, subscription services $49.6B, physical stores $22.6B, and AWS $128.7B. Marketplace referral commissions typically run in the mid-teens as a share of the sale price, and sellers pay separately for Fulfillment by Amazon and for advertising placement. Retail earns thin margins but collects cash from customers before it pays suppliers, which funds expansion without borrowing. Profit sits in AWS, which turned $128.7B of net sales into $45.6B of operating income, and in advertising, where Amazon charges for placement against shopping queries.

Amazon Acquisitions FAQ

When and for how much did Amazon acquire Whole Foods Market?

Amazon acquired organic grocery chain Whole Foods Market in August 2017 for $13.7 billion in cash, representing the largest corporate acquisition in Amazon's history and immediately giving it 460+ physical prime retail locations.

When did Amazon acquire Hollywood movie studio Metro-Goldwyn-Mayer (MGM)?

Amazon completed its acquisition of Metro-Goldwyn-Mayer in March 2022 at a purchase price of $8.45 billion, folding a library of more than 4,000 films, including the James Bond and Rocky franchises, and more than 17,000 television episodes into Prime Video.

When did Amazon acquire online shoe and apparel retailer Zappos?

Amazon agreed in July 2009 to acquire Zappos for about 10 million Amazon shares, worth roughly $807 million on the 45-day average closing price, plus $40 million in cash and restricted stock for employees. The deal closed in November 2009 and Zappos kept CEO Tony Hsieh's customer-centric culture as an autonomous subsidiary.

How did the acquisition of Kiva Systems in 2012 transform Amazon's warehouse robotics?

Amazon acquired warehouse robotics maker Kiva Systems in March 2012 for $775 million, rebranding it as Amazon Robotics and keeping its automated mobile drive units exclusive to Amazon fulfillment centers to transform logistics efficiency.

When did Amazon acquire smart doorbell and home security maker Ring?

Amazon announced the Ring deal in February 2018 and closed it in April 2018 without disclosing the price, which Reuters and CNBC reported at more than $1 billion. Ring's video doorbells and cameras were tied into the Alexa smart home ecosystem.

When did Amazon acquire live-streaming gaming platform Twitch?

Amazon acquired live-streaming platform Twitch Interactive in August 2014 for $970 million in cash, turning it into the world's leading community platform for gaming content, esports broadcasts, and digital creator monetization.

How did Amazon acquire primary healthcare provider One Medical?

Amazon acquired 1Life Healthcare (operator of One Medical primary care clinics) in February 2023 for $3.9 billion, pairing One Medical's smooth digital app and 200+ clinics with Amazon Pharmacy for comprehensive patient healthcare.

Why did Amazon terminate its proposed $1.7 billion acquisition of iRobot?

In January 2024 Amazon and iRobot ended their merger agreement, originally $1.7 billion and later cut to $1.42 billion, after European Union antitrust regulators signaled they would block it over robot vacuum competition.

What is Amazon's biggest acquisition?

Amazon's largest acquisition in history was its massive $13.7 billion buyout of Whole Foods in 2017 to aggressively enter the physical grocery market.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.