Amazon Buys Developer of Self-Driving Cars Zoox
Amazon buys the developer of self-driving cars Zoox. This California company is working on an autonomous electric car that is intended explicitly for taxi services.
With the acquisition, Amazon may be betting on its own taxi service.
Experts also take into account that the tech group wants to reduce the cost of delivering online purchases using Zoox technology.
The amount that the web store giant counts for Zoox has not been announced.
Various media, including the Financial Times, speak of an acquisition amount of more than $ 1 billion.
Zoox was founded in 2014 and had about 1000 employees.