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Business Matters: Amazon moves into healthcare

Amazon moves into healthcare

22/07/2022 GMT

BBC World Service - Business Matters, Amazon moves into healthcare

Amazon agrees to buy the US healthcare provider One Medical for $3.5bn.

As Amazon agrees to buy the US healthcare provider One Medical for $3.5bn, we speak to the man who saw this a long time coming.

Vivienne Nunis is joined by Shuli Ren, Bloomberg writer based in Hong Kong, and Tony Nash, chief economist at Complete Intelligence in Texas, USA.

Riot police in Sri Lanka crack down on protesters after the new president is sworn in, the BBC's Anbarasan Etirajan in Colombo discusses what this might say about the new leadership.

Amazon has agreed to buy US healthcare provider One Medical for $3.9bn as the ecommerce giant furthers its push into the medical industry. Professor of Marketing at NYU University Scott Galloway explains how he saw Amazon moving into healthcare as far back as 2019. 

And China’s Zhengzhou city is creating a property developer bailout fund as increasing numbers of homeowners join a nationwide boycott of mortgage payments on unfinished houses. Shuli, who worked at Lehman Brothers in New York during the 2008 crash, sees some eerie comparisons.

(Picture caption: SPAIN - 2022/01/24: In this photo illustration medical syringes seen with an Amazon logo in the background. Credit: Getty Images)

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