Walmart Could Soon Purchase Online Pharmacy, PillPack

Walmart Could Soon Purchase Online Pharmacy, PillPack

Retail giant Walmart could soon buy online pharmacy store PillPack. The online pharmacy store has already been in discussion with Walmart for an acquisition by the retail giant under a $1 billion value.

The proposition that could attract Walmart is the fact that PillPack has made it easier for customers to order online. This discussion came in the middle of another acquisition by Walmart: that of Humana, a health insurance giant, which has the potential to be a much larger deal.

However, sources have indicated that the deal between PillPack and Walmart is not yet final, and there is all possibility of the deal to fail. Walmart has also shown a consideration of buying various startups.

However, sources said that the discussion between the two companies on a sale has been going on for months.

A Walmart spokesperson said, “We are often asked to speculate on possible acquisitions, and we simply don’t comment on those types of questions.”

Amazon also advocated the company and at one point in time and even held discussions. The e-commerce company has been working with Berkshire Hathaway and J.P. Morgan to bring out the costs associated with healthcare for its own employees. It is also building a team internally to explore opportunities to disrupt the drug supply chain, which represents a $3 trillion market.

However, PillPack was not available to comment on any of these developments, while Amazon was not immediately reachable.

Anirudh Menon
Anirudh Menon
I have adorned multiple hats during my professional journey. My experience of 14 years comes in areas like Sales, Customer Service and Marketing. My journey as a professional writer started 5 years back, when I started writing for an in-house magazine for my employer. Having successfully delivered many in-house projects, it encouraged me to take my skill to the world. As on day, I have written articles, blogs website content for various industries like Information Technology, Start-up, Retail and Government. The subjects that I have covered range from Digital Marketing, SAP Cloud Platform, Cloud Computing, Content Marketing , Politics. Enhancement is a process and I constantly thrive to add more subjects in my portfolio. Over and above content writing, I also train language and communication to students who want to brush up their speaking skills. I am a part time trainer for IELTS coaching and also work as a budding voice over artist.

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