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amazon

Amazon Doubles Down on Health Care With $3.9B One Medical Deal

By
Paris Martineau
· · Source: The Information

Amazon will acquire the concierge medicine practice One Medical in an all-cash deal valued at $3.9 billion. The move is reminiscent of the e-commerce giant’s 2017 acquisition of Whole Foods, which helped Amazon rapidly scale up in a new market by acquiring a large brick-and-mortar presence in areas where it already had a sizable customer base. Amazon recently reorganized its health care...

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