Amazon Eyes Veterinary Telehealth To Rival Walmart
Portfolio Pulse from Anusuya Lahiri
Amazon is considering entering the veterinary telehealth sector, a move that would directly challenge Walmart, which already offers such services to its Walmart+ subscribers. This comes as the pet market becomes increasingly competitive. Amazon's consideration of this new service follows its expansion into the human health sector by acquiring One Medical. The company might consider partnering with Pawp for its potential pet telehealth offering, or it could collaborate with other startups in the pet telehealth space or develop its platform, similar to what Chewy did during the pandemic.
October 24, 2023 | 3:18 pm
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POSITIVE IMPACT
Amazon's potential entry into the veterinary telehealth sector could diversify its offerings and increase its competitiveness in the pet market.
Amazon's potential entry into the veterinary telehealth sector could diversify its offerings and increase its competitiveness in the pet market. This could potentially lead to increased revenues and a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Amazon's potential entry into the veterinary telehealth sector could increase competition for Chewy, which developed its platform during the pandemic.
Amazon's potential entry into the veterinary telehealth sector could increase competition for Chewy, which developed its platform during the pandemic. This could potentially lead to increased competition and a negative impact on Chewy's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
Amazon's potential entry into the veterinary telehealth sector could pose a direct challenge to Walmart, which already offers such services.
Amazon's potential entry into the veterinary telehealth sector could pose a direct challenge to Walmart, which already offers such services. This could potentially lead to increased competition and a negative impact on Walmart's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80