Name: Amazon eyes a big pharmacy bet to take on Reliance, Tata Group
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Amazon eyes a big pharmacy bet to take on Reliance, Tata Group

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Search+››› Read. Lead. Succeed. ET Prime - For Members OnlyA potential investment in Apollo could provide Amazon access to 3,700 outlets whereby it can pick products directly from retail stores and deliver to consumers.Amazon is evaluating a potential investment of nearly $100 million (Rs 737 crore) in India's largest branded pharmacy chain Apollo Pharmacy, according to two people privy to the online retail giant's plans.If the deal fructifies, Amazon will gain access to Apollo's front-end pharmacy business with over 3,700 outlets from where medicines can be delivered to consumers' doorsteps. This will give the Seattle-based ecommerce major a foothold in BYET Bureau Dec 09, 2020, 05:07 PM ISTGift A StoryShare member-only stories with your friends or family and help them read it for free.Gifting Limit Reached!Hey , no more stories left for you to gift.No worries! You will get a limit of stories next month to share with your friends and family.Gift This Story Stories Left!You can gift upto stories in a month.Continue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories &amp; personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions &amp; in-depth stock reportsSubscribe NowTo read full story, subscribe to ET Prime₹34 per weekBilled annually at₹2499Already a Member? Super Saver Sale - Flat 30% OffOn ET Prime MembershipAlready a Member? Rs 49 for 1st monthThen Rs. 1,749 per yearValid only with UPI, Credit &amp; Debit Cards Autopay---Subscribe Now(Credit card mandatory)You can cancel your subscription anytime---Subscribe Now(Pay Using Netbanking/UPI/Debit Card)Netbanking, Credit &amp; Debit CardSubscribe with Google₹399MonthlyPLANBilled Amount ₹399No Trial Period₹399₹208(Save 49%)YearlyPLANBilled Amount ₹2,499₹399₹150(Save 63%)2-YearPLANBilled Amount ₹3,599$13.99(Save 40.0%)$33.99Get ET Prime for just ₹2499 ₹1749/yrSpecial OfferGet Flat 20% OffON ET PRIME MEMBERSHIPX

Search+››› Read. Lead. Succeed. ET Prime - For Members OnlyA potential investment in Apollo could provide Amazon access to 3,700 outlets whereby it can pick products directly from retail stores and deliver to consumers.Amazon is evaluating a potential investment of nearly $100 million (Rs 737 crore) in India's largest branded pharmacy chain Apollo Pharmacy, according to two people privy to the online retail giant's plans.If the deal fructifies, Amazon will gain access to Apollo's front-end pharmacy business with over 3,700 outlets from where medicines can be delivered to consumers'...

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Amazon eyes a big pharmacy bet to take on Reliance, Tata Group

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