Prediction: This Will Be Amazon's Next Big Acquisition
Amazon (NASDAQ: AMZN) is primarily known for its e-commerce marketplace and cloud computing infrastructure business. But believe it or not, Amazon also operates within several other end markets including streaming, entertainment, advertising, and more.
One way that Amazon has been able to diversify its business over the years is through a series of acquisitions. While the majority of Amazon's buyouts have revolved around the technology sector, the company has made some quiet moves in the healthcare space in recent years.
In 2018, Amazon acquired online pharmacy business PillPack for $753 million. Moreover, the company acquired membership-based primary healthcare provider 1Life Healthcare for $3.9 billion in 2023.
Source Fool.com
