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Why Amazon bought Whole Foods. - Slate Magazine

WebDec 16, 2024 · Amazon bought Whole Foods to learn about the grocery business so it could convert grocery consumers to online. But making money selling groceries online is … WebJun 17, 2024 · Cash is king. The deal is an all-cash transaction that values Whole Foods at $42 per share. For reference, Amazon closed out the first quarter with $21.5 billion in total cash, so the purchase ... can i join the ukraine army

Amazon to buy Whole Foods Market in $13.7bn deal

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