Amazon Gives Healthcare Ambitions a Booster Shot

Say this much for Amazon—they are not easily dissuaded.

In an environment that has become downright hostile to the expansion ambitions of tech giants, the biggest one of all keeps at it. Amazon—due to cross the $500 billion annual revenue mark this year—bought a major Hollywood studio earlier this year and is now going after the doctor’s office. The company said Thursday morning that it has agreed to a cash deal valued at $3.9 billion for 1Life Healthcare which runs a chain of primary care providers under the name One Medical.

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