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Amazon buys self-driving technology company Zoox

tacobell fan

By tacobell fan
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tacobell fan LEGEND

tacobell fan

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  • Zoox was valued at over $3 billion in 2018, but has struggled with management turnover in its efforts to develop a self-driving car.
  • The company hired Qatalyst Partners to help it find a buyer.
  • The acquisition is notable for Amazon, which paid $13.7 billion for Whole Foods in 2017. 
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