'Amazon Considers New Subscription Plans For Its Healthcare And Grocery Services, And A Potential One Medical Integration With Prime' - Business Insider
Portfolio Pulse from Benzinga Newsdesk
Amazon is considering new standalone subscription programs in grocery and healthcare, and potentially integrating One Medical's primary care service with its Prime membership program. The company aims to launch these services by the end of the year. However, these plans could change or get canceled. The new subscriptions are a hotly debated topic internally, as adding new healthcare or grocery benefits to the existing Prime program could raise the membership fee, potentially making it too expensive for some users. Amazon's subscription revenue grew 13.5% to $9.89 billion in its most recent quarter.
September 18, 2023 | 7:56 pm
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Amazon is considering new standalone subscription programs in grocery and healthcare, and potentially integrating One Medical's primary care service with Prime. This could potentially increase the company's subscription revenue, which grew 13.5% to $9.89 billion in its most recent quarter.
The introduction of new standalone subscription programs in grocery and healthcare, and potentially integrating One Medical's primary care service with Prime, could potentially increase Amazon's subscription revenue. This could make the company more attractive to investors, potentially leading to an increase in its stock price.
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IMPORTANCE 80
RELEVANCE 100