Amazon, looking to the future of ride hailing, will buy Zoox

Amazon said Friday that it is buying self-driving technology company Zoox, which envisions a future where people will request a ride on their phones and a car will drive up without a driver.

AP
NEW YORK: Amazon said Friday that it is buying self-driving technology company Zoox, which envisions a future where people will request a ride on their phones and a car will drive up without a driver.

Seattle-based Amazon did not disclose how much it is paying for Zoox, which was founded six years ago.

The deal is another sign of Amazon's vast ambitions. Since its inception 25 years ago as an online bookseller, the company has moved into cloud computing and health care.

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › Business › Amazon, looking to the future of ride hailing, will buy Zoox
Text Size:AAA
Success
This article has been saved

*

+