Amazon is the parent company for a large number of businesses, including such major companies as Whole Foods Market, Metro-Goldwyn-Mayer Films, and a number of others.
However, some customers may wonder if Amazon also owns Google, due to the vast size of both companies. If you’re curious about this as well, keep reading this article to learn more information on this topic!
Does Amazon Own Google In 2023?
Amazon does not currently own Google, nor does either company have a partnership with the other. However, while Amazon doesn’t own Google, the owner of Amazon, Jeff Bezos, holds a small amount of stock in Amazon for his personal finances. Nevertheless, Amazon and Google are not related to each other either through ownership or stock.
If you’d like to learn more about who owns Google, if Google and Amazon are affiliated with each other, if Amazon plans to purchase Google, and more, keep reading this article for more facts and tips!
Who Owns Google?
Google was founded by Larry Page in 1998 and is now owned by Alphabet Inc, the parent company created for Google and its subsidiaries in 2015.
Larry Page stepped down from his CEO position in the same year, but still holds a major portion of shares in the company.
In addition to owning Google, Alphabet owns all companies under the Google banner, including Fitbit, Calico, CapitalG, Google Fiber, and many other companies recognized as a Google property.
However, Amazon does not share any ownership of Google at this time, and there is currently little speculation of either company consuming the other in the future.
Are Google and Amazon Affiliated With Each Other?
While Amazon does not own Google, both companies announced in 2019 that they were forming a partnership with Apple to further simplify their smart home devices so that they are more compatible.
There is currently little development in this partnership, as all three companies stated that 2020 would see the first sign of real progress in developing this technology.
Nevertheless, while Amazon does not currently own Google or any Google properties, the two companies have been known to work together and are therefore affiliated with each other to an extent.
While Amazon does not own Google and currently does not share stock with the company, Jeff Bezos, the owner of Amazon, currently holds stock in Google, since being one of the first investors in the company in 1998.
Jeff Bezos invested $1 million in Google and continues to hold shares in the company.
However, it should be noted that Jeff Bezos’ holdings in Google are for his personal finances, and his shares are not connected to Amazon as a company.
Therefore, while Amazon does not have any money invested in Google, the company’s owner and founder currently does and has held shares for over 20 years.
Is Amazon Going to Purchase Google?
Amazon currently has no plans to purchase Google, and according to many,the likelihood is quite small considering the two companies’ differences in market value.
As well, the two companies specialize in very different markets. Amazon is a tech and logistics company, whereas Google is a marketing and advertising company that focuses on enhancing search engine results for web users.
Therefore, while both companies are profitable, and Amazon’s owner Jeff Bezos owns a portion of Google stock, Google and Amazon differ far too much in their business models for a merger to be conceivable.
Is Amazon a Bigger Company Than Google?
While Amazon is the largest online retailer in the world, since June of 2021, Google is actually worth more money than Amazon.
While these numbers are set to fluctuate in the future, Google currently outranks Amazon as the larger company among the two in terms of profitability and worth.
However, it’s reasonable to conclude that Amazon may outrank Google in the future, as Amazon is still considered the largest online company in the world and is only continuing to grow in size and profit.
Is it a Good Idea for Amazon to Acquire Google?
While both Amazon and Google are very successful online companies, it makes little sense for one company to absorb the other due to the vast differences in their business models and the niches they specialize in.
For example, Google specializes in search engine optimization, basing the company around providing search engine users the exact search results they’re looking for, as well as catering advertisements and pop-up ads to their personal taste.
However, Amazon’s company is mostly focused on designing and selling advanced technology such as the Amazon Echo, as well as being the go-to online shopping center worldwide.
Therefore, because both companies are based around completely different niches, the business models for each company may not work well together and cause a number of internal issues.
Overall, Amazon consuming Google may not be advisable and is an unlikely development due to the differentiation in each companies business model and niche.
Amazon does not own Google, but rather Google is owned by Alphabet, a parent company that owns all subsidiaries of Google.
However, Amazon and Google recently announced a project between the two companies and Apple to develop more cohesive smart home technology.