FAQ: Why Amazon is shopping for One Medical for $3.9 billion

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Amazon will dramatically increase its healthcare attain with its proposed $3.9 billion acquisition of One Medical, a major care supplier with 188 places of work in 25 markets throughout the nation.

The e-commerce big went large, bidding $18 a share for One Medical's father or mother firm 1Life Healthcare -- up 77 p.c from the day gone by's shut. Sparks flew on Wall Road after Thursday's announcement, sending the top off practically 70 p.c.

And whereas it has been rising quickly, One Medical has but to show a revenue since going public in 2020. Within the first three months of 2022, losses exceeded $90 million.

So why is Amazon shopping for One Medical? This is a fast information:

What does One Medical do?

One Medical is a subscription-based major care supplier that leverages expertise to construct what it calls a "seamless mix of in-person, digital, and digital care providers conveniently positioned the place individuals work, store, and reside." Headquartered in San Francisco,...

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