Amazon Subsidiaries: What Companies Are Under Amazon?
Are you in search of the list of Amazon subsidiaries in 2022? If yes, then you have reached the right place.
Considering the fact that Amazon is one of the largest colonies in the world, there is no doubt that it owns several other companies. And these are what they consider to be members of the Amazon Family.
Keep reading this article till the end to learn more about the same…
Amazon Subsidiaries: What Other Companies Are Owned By Amazon?
Ever since its foundation in the year 1984, there have been a number of ways in which Amazon has been able to ensure that they change and revolutionize the ways in which people carry out online shopping. And there is no wonder why it is one of the most popular and the largest companies in the world.
There are a number of companies that Amazon owns. While there are almost forty amazing subsidiaries, in this article, I will be talking about the five major ones.
Here are some of the most famous Amazon subsidiaries that you need to know about:
1. Audible
Audible is one of the most popular Amazon Subsidiaries in the world. It is a company that deals with spoken and audio-related entertainment. The major reason for this company to be famous is the fact that it sells audiobooks, which became popular for being a convenient way of reading (or listening to) books when we are too busy to read a page.
2. Goodreads
Next on the list of Amazon subsidiaries is the one called Goodreads. It is considered to be a social cataloging website that helps users to catalog books. It is one of the most widely used websites and applications that deal with anything related to books. In Goodreads, the users can sign up and create reading lists. This site also contains reviews of many books, which helps the readers or users to know what they should be reading.
3. Twitch
One of the largest broadcasting and streaming platforms, Twitch is a subsidiary of Amazon. This platform primarily aims at people who are in the gaming industry. There are major esports events that are streamed on the platform, and that is one of the reasons why it became so popular. It was acquired by Amazon in the year 2014 and has been growing rapidly ever since.
4. Whole Foods Market
Amazon subsidiaries are not only related to tech. In the year 2017, Amazon acquired Whole Foods Market. It is an American chain of supermarkets that deals with food that is exclusively devoid of artificial preservatives, flavoring, and color. These products also do not contain added colors and sweeteners. They are fresh and healthy.
5. Kiva Systems (Amazon Robotics)
Formerly known as Kiva Systems, Amazon Robotics LLC is another and the last on this list of Amazon subsidiaries. This company is known for manufacturing robotic fulfillment systems that are mobile. This company was acquired in the year 2012. According to reports, in the year 2015, after three years of acquiring the company, there were more than 200,000 robots that were working in the warehouses of Amazon Robotics.
6. Souq
Souq is a popular eCommerce business that was established back in 2005 by Ronaldo Mouchawar.
Souq operates with its largest platform based within the Middle Eastern Market, where it has a vast range of products that include healthcare, consumer electronics, fashion, and homewares.
Amazon took over Souq to make it one of its subsidiaries in March 2017 while sealing a deal of $580 million in cash.
This acquisition paved the way for Amazon to further stretch its goal of becoming a global eCommerce leader. This was also considerably beneficial for Souq to establish itself in a new and fast-growing market, where only 2% of Middle Eastern consumers were making online purchases at that point.
7. Zoox
Zoox is yet another subsidiary of Amazon that offers autonomous vehicles with the purpose of robot taxis for “mobility as a service” [MAAS].
The company was initially established by Australian designers Tim Kentley-Klay and Jesse Levison, who is the son of Apple’s chairman Aurther, who was keen on developing self-driving technology while he was studying at Stanford University.
Zoox is a comparatively newer addition to the Amazon subsidiaries list, which was acquired back in June 2020 for approximately $1.2 billion.
This acquisition is known to be Amazon’s way of competing with the autonomous vehicle project run by Google, known as Waymo.
8. One Medical
In July 2022, Amazon made an announcement that it would be taking over the healthcare clinic chain known as One Medical for $2.9 billion, fully in cash.
The eCommerce giant outbid the pharmaceutical chain CVS Health, who also put out an offer just a couple of months back. The acquisition of One Medical has enabled Amazon to step foot in healthcare in addition to Amazon Care, which is a provider of in-home and virtual care services to companies and individuals.
With Amazon Care and the acquisition of One Medical under the Amazon umbrella, the move was painted as a wider objective to reinvent the entire healthcare system.
In its current scenario, the customers are required to book an appointment and then wait for weeks, and sometimes even months, to get seen, secure some time off their work, and then wait for months before they can spend just a couple of minutes with the healthcare professional.
In a press release where the deal was announced, the SVP of Amazon Health Services, Niel Lindsay, elaborated that the new system was ripe for disruptions along with a human-centered approach powered by technology.
“We see lots of opportunities to both improve the quality of the experience and give people back valuable time in their days,”
he elaborated. It was hoped that a rise in efficiency might also make the healthcare system a lot more affordable, accessible, and enjoyable for both parties – patients and healthcare providers.
How Many Companies Does Amazon Own?
Now that I have already told you that these companies, as mentioned earlier, are Amazon subsidiaries, you might think that these are the only companies that Amazon owns. However, that is not true.
Over the years since its inception, Amazon has acquired many companies and turned them into a member of their so-called Amazon Family. At present, there are forty companies that are a part of Amazon.
The list of Amazon subsidiaries contains companies from all over the field or sector. They belong to books, groceries, electronics, TV Shows, movies, clothing, video games, and more. Apart from occupying these companies, Amazon has also invested in over a hundred companies worldwide.
Frequently Asked Questions (FAQs):
Now that you have come to the end of this article, I hope that most of your queries have been answered already. However, here are some of the questions that readers frequently ask about Amazon subsidiaries. You might want to go through them to get some additional information about the same.
Ans: The major company Amazon has a number of subsidiary companies that it owns. There are approximately forty (40) subsidiaries of the company. Some of them are Goodreads, Audible, IMDb, and Twitch.
Ans: The headquarters of Amazon is located in the United States. But there are a number of headquarters of the company. They are located in Seattle in Washington and Arlington in Virginia in the United States.
Ans: ISIN number is the twelve-digit alphanumeric code that identifies the security of a particular organization. For example, the ISIN number or the International Securities Identification Number of Amazon is US0231351067.
Wrapping It Up!
Amazon subsidiaries are the companies that Amazon owns. There are a number of companies that Amazon owns. And these companies are said to be part of the Amazon family. Some of the popular amazon subsidiaries are Twitch, Audible, Goodreads, Alexa, and IMDb.
In case you want to know about the Amazon subsidiaries, I hope that you have found this article to be of help. In case there are any other queries related to the same, feel free to write them down in the comment section below.
Additionals:
