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Amazon Buying Whole Foods

Home ▸ Archive ▸ Serious Business ▸ Amazon Buying Whole Foods
Laley23's avatar

Laley23

GOAT

29,506 posts
Jun 16, 2017 10:38 AM
...for $13.7B. Holy hell, that's a lot of cash.
Jun 16, 2017 10:38am
Ironman92's avatar

Ironman92

Administrator

49,363 posts
Jun 16, 2017 11:06 AM
That's sleeper cash there.
Jun 16, 2017 11:06am
Iliketurtles's avatar

Iliketurtles

Senior Member

8,191 posts
Jun 16, 2017 12:53 PM
Laley23;1859294 wrote:...for $13.7B. Wholey hell, that's a lot of cash.
FIFY

But seriously that is a lot. And really interesting from them.
Jun 16, 2017 12:53pm
Commander of Awesome's avatar

Commander of Awesome

Senior Pwner

23,151 posts
Jun 16, 2017 1:09 PM
I would think this helps their grocery delivery initiative go country wide.
Jun 16, 2017 1:09pm
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Jun 16, 2017 1:12 PM
Buying low. $13B is a lot, but not a bad price to snag Whole Foods and help with their grocery delivery initiatives.
Jun 16, 2017 1:12pm
Commander of Awesome's avatar

Commander of Awesome

Senior Pwner

23,151 posts
Jun 16, 2017 1:15 PM
Amazon's market cap gains today exceed what's the company is paying for Whole Foods. Pretty crazy.
Jun 16, 2017 1:15pm
Dr Winston O'Boogie's avatar

Dr Winston O'Boogie

Senior Member

1,799 posts
Jun 16, 2017 2:05 PM
Bezos is taking over the world...muhahahahahaha!
Jun 16, 2017 2:05pm
G

gut

Senior Member

15,058 posts
Jun 16, 2017 3:18 PM
Whole Foods was in pretty big trouble with every mom & pop and superchain bringing in organic (at much better prices). I haven't looked much at grocery delivery. Save me 10 miles round trip, plus driving and shopping time....that's probably worth $10 to me.

Was looking at Whole Foods delivery the other day - think it was free for orders over $35 if you pay $99 annually (otherwise $4 a pop). Problem is, every other day delivery so my meat is fresh is $105 a week - I don't think there's $100+ of overpriced food I want from there (mostly I just buy fish there). Great deal for a family, not so much for a single person.
Jun 16, 2017 3:18pm
G

gut

Senior Member

15,058 posts
Jun 16, 2017 3:21 PM
Dr Winston O'Boogie;1859316 wrote:Bezos is taking over the world...muhahahahahaha!
Haha....I might be a little nervous if I lived really close to a Whole Foods lest Bezos turn it into Warehouse Foods.
Jun 16, 2017 3:21pm
Commander of Awesome's avatar

Commander of Awesome

Senior Pwner

23,151 posts
Jun 26, 2017 1:02 PM
Crazy fact: AWS has as much revenue as the national football league
Jun 26, 2017 1:02pm