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Amazon acquires startup Rivr to test robots for 'doorstep delivery'
CNBC· 2026-03-19 22:05
Core Insights - Amazon has acquired Rivr, a Swiss robotics company focused on technology for doorstep delivery, although the terms of the deal were not disclosed [1][2] - The acquisition aims to enhance safety and improve customer experience in the last mile of delivery, leveraging Rivr's technology alongside Amazon's delivery associates [2][5] - Amazon has a history of investing in automation, having deployed over 1 million robots in its operations network and previously acquiring Kiva Systems for $775 million in 2012 [4] Company Strategy - The acquisition of Rivr is part of Amazon's ongoing commitment to invest in research and technology to improve delivery operations and safety for its employees [2][6] - Rivr's technology includes a four-legged robot on wheels, which will be tested for integration into Amazon's delivery processes [5] - Amazon previously invested in Rivr through its $1 billion Industrial Innovation Fund, which supports warehouse and logistics technologies [6] Industry Context - Amazon relies on a network of thousands of third-party contractors for the last mile delivery, which is critical for transporting packages from warehouses to customers [3] - The company is exploring how to incorporate advanced robotics into its delivery operations, indicating a trend towards increased automation in logistics [5] - Jeff Bezos is reportedly in discussions to raise $100 billion for a fund aimed at acquiring manufacturing companies and enhancing automation through AI [7]