American online retailer Amazon announced the purchase of the largest in the US online pharmacy PillPack. In April, Amazon's competitor, Walmart, wanted to buy a pharmacy, but the deal was unsuccessful. PillPack has vast experience in pharmaceuticals with technological know-how, so Amazon will be able to continue the development of a “million-dollar start-up”. The purchase of PillPack will positively affect the shares of Amazon and their development in the future.
Over the past few days, Amazon shares have increased by 2.4% and will continue to grow based on the news. Trading will be available during the American session, from 13:40 to 20:00 GMT.
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