Stock | Buy Waze
He typed into the search bar. No results. He tried WAZ . A random medical company. He tried WZ . Nothing.
Since , you cannot buy its stock directly . It is a wholly owned subsidiary of Alphabet Inc. (the parent company of Google), which acquired the Israeli startup in June 2013 for approximately $1.1 billion.
"Not directly," Sarah explained. "If you want a piece of Waze, you have to buy . When you buy shares of GOOGL or GOOG , you're buying the whole kingdom: Search, YouTube, Android, and yes, Waze. You're betting that Waze’s data makes Google Maps better and keeps people inside their ecosystem." buy waze stock
: Includes voting rights for shareholders.
"So there's no way to invest in the 'crowdsourced traffic' magic?" Elias asked, disappointed. He typed into the search bar
Elias sat at his desk, staring at a blank trading terminal. He’d just spent three hours in a gridlock on the I-405, and while every other GPS app told him to stay put, Waze had guided him through a labyrinth of side streets and alleyways, saving him forty minutes.
: Does not include voting rights.
Since you can't buy Waze directly, investors use these tickers to gain exposure to its parent company, :