Amazon.com Inc said on Thursday it would buy One Medical for $3.49 billion in an all-cash deal
One Medical, whose parent company is the San-Francisco based 1Life Healthcare, Inc., is a membership-based service that offers virtual care as well as in-person visits. It also works with more than 8,000 companies to provide its health benefits to employees
Amazon will dramatically expand its health-care reach with its planned $3.9 billion acquisition of One Medical, a primary care provider with 188 offices in 25 markets nationwide.
How is This Good News For Investor?
Since amazon is expanding her business horizon there is every probability
Her income generation will also increase. Which will surely make amazon a good and viable company to invest in- for a good profit
source:https://www.washingtonpost.com/business/2022/07/22/amazon-one-medical-faq/
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