Amazon's Ring acquisition to boost its delivery service allowing couriers in your home: Credit Suisse

Amazon's Ring acquisition to boost its delivery service allowing couriers in your home: Credit Suisse

6 years ago
Anonymous $gcegwZ91io

https://www.cnbc.com/2018/02/28/amazons-ring-buy-to-allow-couriers-in-your-home-credit-suisse.html

Amazon's acquisition of Ring will have big implications for its in-home delivery offering, according to one Wall Street firm.

The e-commerce giant confirmed Tuesday it is buying smart doorbell maker Ring. Financial details of the acquisition were not disclosed, but Reuters reported it could be worth more than $1 billion.