M&A Deal Summary

Amazon Acquires GlowRoad

On April 23, 2022, Amazon acquired internet software and services company GlowRoad

Acquisition Highlights
  • This is Amazon’s 22nd transaction in the Internet Software and Services sector.
  • This is Amazon’s 4th transaction in India.

M&A Deal Summary

Date 2022-04-23
Target GlowRoad
Sector Internet Software and Services
Buyer(s) Amazon
Deal Type Add-on Acquisition

Target

GlowRoad

Bangalore, India
GlowRoad is a social commerce startup that lets users resell products (from 100+ categories) directly from manufacturers and wholesalers with the power of social networks. GlowRoad was formed in 2017 and is based in Bangalore, India.

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Buyer(S) 1

Buyer

Amazon

Seattle, Washington, United States

Category Company
Founded 1994
Sector E-Commerce
Employees1,525,000
Revenue 638.0B USD (2024)
DESCRIPTION
Amazon office building in downtown Seattle, Washington.
Amazon office building in downtown Seattle, Washington.

Amazon is an e-commerce retailer and provider of web services. Amazon enables millions of products to be sold through its website and by third parties across a variety of product categories. Customers access Amazon directly and through mobile websites and apps. Amazon was founded in 1994 and is based in Seattle, Washington.


DEAL STATS #
Overall 75 of 80
Sector: Internet Software and Services M&A 22 of 23
Type: Add-on Acquisition M&A Deals 67 of 70
Country: India M&A 4 of 4
Year: 2022 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-24 ART19

Oakland, California, United States

ART19 is an independently owned podcast company that sits at the intersection of publishers and advertisers to provide cutting-edge tools for on-demand hosting, ad serving, audience targeting, and measurement. ART19 was founded in 2015 and is based in Oakland, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-21 One Medical

San Francisco, California, United States

One Medical is a membership-based reimagining primary care by improving the quality, service, and affordability of care through a technology-enabled model. The company provides service in nine metropolitan regions: Boston, Chicago, Los Angeles, New York, Phoenix, San Francisco, Seattle, San Diego and Washington, DC. In addition to its consumer membership model, more than 1,000 companies have added One Medical to their health benefits packages, giving employees unparalleled, integrated access to near-site primary care, 24/7 virtual care and even on-site care that helps them improve population health and decrease overall health care costs. Health systems are now also partnering with One Medical as they acknowledge the value of having high-quality longitudinal, preventative care in their networks. One Medical was founded in 2002 and is based in San Francisco, California.

Buy $3.9B