Wednesday 22 February 2023

Amazon Acquires One Medical at $3.5 Billion After FTC's Approval; Announces to Cut Subscription Fee

Amazon.com said on Wednesday it had completed its $3.5 billion (nearly Rs. 29,000 crore) takeover of primary care provider One Medical, a day after a US Federal Trade Commission (FTC) official announced that the agency would not challenge the deal. The acquisition, announced last July, gives the online retailer a virtual health offering as well as offices for in-per...

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