Is Amazon Inventory a Purchase After Buying One Medical for $3.9 Billion?

Amazon's (AMZN 1.51%) Mission has all the time been to be essentially the most customer-centric firm on this planet.

What's particular about this strategy is that it doesn't restrict the corporate to a single trade. Though Amazon is greatest recognized for its e-commerce operations, the corporate additionally owns Amazon Net Providers (AWS), a number one cloud infrastructure service; it produces devices corresponding to e-readers, tablets and voice-activated gadgets; it operates a video streaming service; it has develop into a logistics heavyweight and even owns Entire Meals.

Amazon seeks to disrupt any trade the place it may possibly add worth by prioritizing prospects, and has eyed the $800 billion healthcare trade for years. In 2018, the corporate paid almost $1 billion to accumulate on-line pharmacy PillPack and has since opened digital Amazon Care clinics. In 2018, it additionally co-founded a three way partnership known as Haven Berkshire Hathaway and JPMorgan Chase to get a grip on the exorbitant healthcare prices, however the initiative failed and...

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