Amazon Bids to Buy Whole Foods for $13.7 Billion. Walmart buys Bonobos for $310 million

• Amazon bids to buy Whole Foods for $13.7 billion, , Mobike, a ride-sharing company in China, raises $600 million. All this on Crunch Report.
• Amazon-Whole Foods deal, which has led to rampant media speculation, depressed grocery stocks around the nation and allegations of intelligent corporate strategy.

  It’s the sort of day that forces you to sit back and re-cast your views of the technology world. It demands answers to questions like “Why is Amazon buying a grocery store?” And “if it makes sense, why?” That, of course, raises the final query: “If the why makes sense, will the price of tomatoes go down?”

  The answer to the last point is no, of course, so stop dreaming. But that we are seeing the platform wars not just burn on, but retrench in form as they advance in scope seems incontrovertible…

Source: Crunch Report | Amazon Bids to Buy Whole Foods for $13.7 Billion | TechCrunch