Amazon will buy Target this year, influential tech analyst predicts

London

AMAZON.COM'S shake-up of the retail landscape may not be over, according to one well-known technology analyst.

The Internet giant will acquire discounter Target Corp, Loup Venture co-founder Gene Munster wrote in a report highlighting eight predictions for the technology industry in 2018. Amazon made waves in retailing last year with its US$13.7 billion purchase of upscale grocer Whole Foods Market.