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Why Amazon's (Nasdaq: AMZN) $1 Billion Twitch Buy Is Worth Every Penny
On Monday, Amazon.com (Nasdaq: AMZN) announced it bought Twitch Interactive Inc. - the world's largest gaming arena and the fourth-largest source of all U.S. web traffic - for $970 million. That makes Twitch AMZN's biggest acquisition of all time.
Here’s what you need to know about Twitch – and why it was worth every penny AMZN spent to buy it…
On Monday, Amazon.com (Nasdaq: AMZN) announced it bought Twitch Interactive Inc. - the world's largest gaming arena and the fourth-largest source of all U.S. web traffic - for $970 million. That makes Twitch AMZN's biggest acquisition of all time.
Here’s what you need to know about Twitch – and why it was worth every penny AMZN spent to buy it…