Amazon Plans To Invest $100 Mn In Apollo Pharmacy
The e-commerce giant Amazon has planned to invest $ 100 million in India's Apollo Pharmacy. As per reports, the speculation comes in the midst of Amazon's increasing competition with Reliance, which had acquired shares in the online pharma company Netmeds. Moreover, Tata groups have been planning to invest in the e-pharmacy firm 1 mg. Both the firms - Amazon and Appolo Pharmacy - have refrained from commenting.
Tags: Apollo Pharmacy, Amazon.in, Reliance, Tata groups, Netmeds, 1mg
Courtesy: Reuters