Amazon snaps up One Medical

@ 2022/07/22
Diversification

While Apple is claiming it is a big name in the health industry because people are using its smart watches Amazon is really becoming a big name by acquiring the US private health network One Medical for US$3.9 billion.

Neil Lindsay, vice president of Amazon’s health branch, in a statement that the online book seller intends to reinvent the health sector -- hopefully it will be thinking about making things a little cheaper.

Amazon has been interested in health for a while. In 2019, it launched a telemedicine service, called Amazon Care. Initially dedicated to the firm’s employees, the service, which includes home visits, was offered in 2021 to all companies in the United States.

No comments available.