{"id":360085,"date":"2021-10-29T21:41:12","date_gmt":"2021-10-29T18:41:12","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/amazon-raises-stake-in-e-trucking-firm-rivian\/"},"modified":"2021-10-29T21:41:12","modified_gmt":"2021-10-29T18:41:12","slug":"amazon-raises-stake-in-e-trucking-firm-rivian","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/amazon-raises-stake-in-e-trucking-firm-rivian\/","title":{"rendered":"#Amazon raises stake in e-trucking firm Rivian"},"content":{"rendered":"<p>&#8220;<strong>#Amazon raises stake in e-trucking firm Rivian<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>Amazon, an early backer of\u00a0Rivian\u00a0Automotive, now owns about a fifth of the electric-truck maker, the e-commerce giant disclosed in a quarterly filing on Friday.<\/p>\n<p>Ford, which has a strategic relationship with\u00a0Rivian, removed a representative from the startup\u2019s board earlier this month.<\/p>\n<p>At the end of the third quarter, Amazon had an equity interest of about 20 percent in\u00a0Rivian, according to the filing.<\/p>\n<p>Rivian\u00a0is also aiming to raise between $5 billion and $8 billion in a stock market debut later this year, and seeking a valuation of about $80 billion, Reuters reported in September.<\/p>\n<p>The company\u2019s pre-IPO investors also include T. Rowe Price and BlackRock.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/amazon-takes-20-percent-rivian3.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Rivian CEO RJ Scaringe seated next to a Rivian electric truck on stage at an auto show\" class=\"wp-image-19967136\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/amazon-takes-20-percent-rivian3.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/amazon-takes-20-percent-rivian3.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/amazon-takes-20-percent-rivian3.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Amazon\u2019s increased stake in Rivian, led by  RJ Scaringe (seated), comes as another backer, Ford, has recently removed a representative from the e-truck maker\u2019s board. <\/figcaption><figcaption><span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/amazon-takes-20-percent-rivian5.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"A man stands onstage next to an electric pickup truck with the Rivian name and logo on the screen in the background\" class=\"wp-image-19967236\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/amazon-takes-20-percent-rivian5.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/amazon-takes-20-percent-rivian5.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/amazon-takes-20-percent-rivian5.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The startup e-truck maker hopes to raise between $5 billion and $8 billion in a stock market debut later this year.<\/figcaption><figcaption><span class=\"credit\">Bloomberg via Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n<p>Amazon on Thursday reported lackluster quarterly results and warned that a tightening labor market and rising costs would hurt its holiday-quarter results.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2021\/10\/29\/amazon-raises-stake-in-e-trucking-firm-rivian\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Amazon raises stake in e-trucking firm Rivian&#8221; Amazon, an early backer of\u00a0Rivian\u00a0Automotive, now owns about a fifth of the electric-truck maker, the e-commerce giant disclosed in a quarterly filing on Friday. Ford, which has a strategic relationship with\u00a0Rivian, removed a representative from the startup\u2019s board earlier this month. At the end of the third quarter,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":360086,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/amazon-takes-20-percent-rivian.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[118196,2758,70462,73711],"class_list":["post-360085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-29-21","tag-amazon","tag-electric-cars","tag-investments"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/360085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=360085"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/360085\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/360086"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=360085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=360085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=360085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}