Amazon's pharmacy business is expected to reach $2 billion in sales as shopper interest skyrockets, a top analyst says
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Amazon's pharmacy business is projected to reach $2 billion in sales this year, driven by increased shopper interest, according to Evercore's analysis. Interest in Amazon's online pharmacy service has risen significantly from 34% to 45% over the past year.
December 10, 2024 | 6:30 pm
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Amazon's pharmacy business is expected to generate $2 billion in sales this year, with a notable increase in consumer interest from 34% to 45%.
The significant projected revenue of $2 billion for Amazon's pharmacy business and the increase in consumer interest are positive indicators for Amazon's growth in this sector. This could lead to a positive impact on Amazon's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90