Amazon buys 3D body scanning startup Body Labs

By Pouyan Broukhim

Amazon has reportedly acquired a 3D Body scanning startup known as Body Labs, a technology company that specialises in 3D body modelling and imagery.

According to Tech Crunch, the sum could exceed $100mn, but more appropriate sources have suggested that it is more likely to fall between the $50mn to $70mn range.

Body Labs was founded back in March 2013, since raising more than $10mn across two investment rounds.

See also:

The move on Amazon’s part is a sign that the company is more aggressively pushing towards the growth of its own-brand products, with estimates from investment banking firm SunTrust Robinson Humphrey predicting that the company’s private product labels will generate as much as $4.3bn in sales this year alone.

Amazon has so far launched nine fashion brands in 2017, with a further 17 having been released last year. It has also created fashion-specific hardware, launching its own clothing subscription service and creating its in-house outfit recommendation software.

These all indicate that the ecommerce giant wants to kick on in the industry, something that will only be helped by the company’s acquisition of Body Labs.


Featured Articles

Sustainability, ESG, net zero in focus at must-attend event

Sustainability takes centre stage at two-day hybrid conference featuring thought leaders covering circular economy, scope 3, ESG, B Corp, net zero, DE&I

Must-attend sustainability events for executives in 2022/23

Discuss and debate the most pressing issues around sustainability at these nine executive events – from London to Abu Dhabi, San Diego to Singapore

Meet the CEO on a mission to nurture women leaders in Africa

The argument for women leaders in Africa is compelling, yet numbers are small. But one female leader is on a mission to change that – Awamary Lowe-Khan

BCG's Daniel Weise on supply chain and procurement strategy

Leadership & Strategy

Flexible work perks heat up as the war on talent rages

Human Capital

Meet the COO: Former Israel Defense Force cyber lead Parnes

Technology & AI