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Why Did Amazon Buy Zoox? 🤖🚖📦
Manage episode 266310008 series 2416899
Amazon has purchased Zoox for $1.2B. The San Francisco based startup is developing autonomous vehicle technology. Zoox has raised more than $1B in funding, and was valued at over $3B in 2018. The question is why did Amazon get the on the cheap and what technology was so valuable? What we do know, is that Amazon continues to vertically integrate its logistics network, and is constantly testing new way to get us packages faster ;)
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Manage episode 266310008 series 2416899
Amazon has purchased Zoox for $1.2B. The San Francisco based startup is developing autonomous vehicle technology. Zoox has raised more than $1B in funding, and was valued at over $3B in 2018. The question is why did Amazon get the on the cheap and what technology was so valuable? What we do know, is that Amazon continues to vertically integrate its logistics network, and is constantly testing new way to get us packages faster ;)
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