They've been gobbling up other online media stores for decades. It's to the point you just assume a new store is an Amazon subsidiary or will be soon.
They've been gobbling up other online media stores for decades. It's to the point you just assume a new store is an Amazon subsidiary or will be soon.
Amazon has gobbled up tons of smaller companies in order to make themselves stronger and more diverse. I'm not sure why Nasrudith singled them out as someone who hasn't really.
Another acquisition from around the same time was 'diapers.com'. That site is now defunct, and was never huge, but I believe they pioneered the concept of 'subscribing' to consumables like baby formula and, of course, diapers. After that acquisition, Amazon started doing the same with baby products, then their own brands, and now you can subscribe to just about any recurring purchase on the site.
In these cases, I think the acquisitions provided much more than the economic value of the business. They infused Amazon with new strategies and ideas to make them, as you said, stronger _and more diverse._
Facebook getting other social networks is cognitively equivalent to roughly an additional third each without checking the numbers - both are big known names. Google and getting YouTube is an influential chunk of their empire even if low margin from the expense - say an additional third of their "main product" along search and Android.
That is probably why I couldn't remember others.