Amazon Unveils Amazon Pharmacy
Amazon has launched a pharmacy, and that was expected. I had written when it acquired PillPack: "Interestingly, this company seems just to be starting: it is acquiring an online pharmacy PillPack. This means Amazon is going to become a pharmacy shop!" Today, the product is in the market.
Amazon launched Amazon Pharmacy Tuesday, marking its entry into the $300 billion market pharmacy space. The service will deliver prescription medications to customers’ homes in the U.S., while Amazon Prime members will get free delivery. With so many Americans home during the pandemic, the move is well-timed and “threatens the dominance of traditional pharmacies like CVS and Walgreens,” says CNBC. The e-commerce giant first entered the space via its acquisition of PillPack in 2018.
In any way you look at it, Amazon is now an operating system, running the lives of most Americans. The Amazon Nation is the power of vision and that explains why markets have rewarded the founder and leader, Jeff Bezos, as the richest capitalist ever.