Amazon. Is the model of engulfing supplier companies coming to an end? The predator Bezos is now betting on buying health services or data companies

In amazon One wonders if the model of engulfing companies and brands (copies successful products, favors them in searches and sells them cheaper) is coming to an end, especially as a result of his latest movements. And it is that now it is committed to buying companies related to health services or that have a lot of customer data, despite the Millionaires loses reflected in its results, especially due to the stock market crash of Rivian Automotivemanufacturer of electric cars in which it owns 18%.

The US e-commerce giant has acquired One Medical for about 3,900 million dollars (about 3,930 million euros), including its net debt. A company of remote medical consultations with which it grows as a dangerous monopoly of products and services… including toilets. Likewise, although with another intention, he has bought iRobotthe manufacturer of the robot vacuum cleaner roomba, for about 1,700 million dollars (about 1,713 million euros), due to its large number of data, since the latest model allows mapping the floor plan of the house. “You are getting the vast data set that Roomba collects about people’s homes,” he said. Ron Knoxan Amazon critic who works for the antitrust group Institute for Local Self-Reliance, as collected Associated Press. “Her evident intention of it, through all the other products she sells to consumers, is to be at home. And on top of the privacy issues there are the antitrust issues, because you’re buying market share.”

“Its clear intent, through all the other products it sells to consumers, is to be at home. And on top of the privacy issues are the antitrust issues, because you’re buying market share,” said Ron Knox, an Amazon critic.

After buying One Medical, he now enters the bidding for Signify Health, which is worth 8,000 million dollars (about 8,062 million euros) and is specialized in the use of data analytics solutions and other technologies to offer its health care programs. In other words, health and data, two precious pearls that Amazon likes too much. And after the announcement, the value of Signify has shot up 33%. Of course, Amazon is not alone, because they also bid CVS Healthpharmacy chain and health insurance, and United Health, an American health insurance company offering more than $30 per share, according to Bloomberg. Amazon has been slightly behind this, but has surpassed the offer of CVS Health (about 18 dollars).

Especially after the appearance of the Covid-19 pandemic, Amazon has become more interested in the health business. At the end of 2020, he released Amazon HealthLake, a service that allows healthcare companies to store, transform and analyze all their data in the cloud; and has plans to create an internal telemedicine system that can be used by third parties.

Amazon will broadcast the Second Division of Spanish soccer on Prime Video, which will raise its prices, and will premiere the first two chapters of the series ‘The Lord of the Rings: the Rings of Power’ in theaters to generate more attention… and more after HBO Max has achieved its best premiere with ‘The House of the Dragon’

At the same time, the American e-commerce giant continues to grow in the audiovisual field: it has bought the rights of the Second Division of Spanish footballwhich can be seen in Prime Video, its ‘streaming’ service, which will raise its prices from September 15 to 4.99 euros per month or 49.90 euros in the annual subscription. In addition, on September 2 will premiere the series The Lord of the Rings: The Rings of Power and to generate more attention, it will premiere the first two episodes in the American theater chain cinemarkright in delicate times for movie theaters. And it may aspire to a great success of this launch and more after one of its rivals in ‘streaming’, hbo max (property of Warner Bros Media and that will be merged with Discovery+), had its best premiere with The House of the Dragon.

Amazon has also hit the brakes on creating Amazon Fresh physical storeshaving obtained disappointing sales, according to The Sunday Times, and also due to the high costs involved and the tensions it is having with Whole Foods (an American supermarket chain that I bought in 2017), as reported by Business Insider, which also refers to the transfer of Tony Hoggettformer director of Tesco (British multinational retail), to direct the Department of Physical Stores of Amazon.

Progressive Andy Jassy has completed his first year as CEO of a multinational where he has spent 25 years, with which he fell in love and in which he has been the main architect of the Amazon Web Services (AWS) cloud business: “It is still very early regarding everything we can and will offer to customers”

Last month, Andy Jessy He served a year as CEO of the American e-commerce giant, but he is another progressive like his predecessor, the founder and current president, Jeff Bezos. In May, when he turned 25 years working at the multinational, on his LinkedIn profile he explained that he was only going to be there for a few years, but “I fell in love with Amazon”, specifically, with its people, whom he described as intelligent, ambitious, creative and optimistic. “There was a unique approach to looking at new customer and business experiences that I found inspiring and made me believe there was no limit to what was possible,” he said, stressing that “I don’t know of anywhere else like Amazon if you like to build, innovate, have a broad impact on the world and improve the lives of customers every day.” “It’s still very early in what we can and will offer to customers,” he added, and beware, because Jassy was the main architect of the cloud business Amazon Web Services (AWS).

Of course, in results it is not doing so well: in the first half of this year, Amazon has had some losses of about 5,760 million eurosbecause of Rivian, even though the sales they have risen to some 239,659 million (+7%), highlighting strong increases in AWS and in advertising revenue. A blockage in result that has also been seen in its Chinese rival, Alibaba, which has earned 49.6% less between April and June. In addition, on the stock market, Amazon accumulates a stock market depreciation 18% in the last year and 22% since last January. And it cannot be forgotten that it is part of the group of multinationals that promotes the culture of death financing abortions: pays travel expenses to employees to have an abortion.

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Amazon. Is the model of engulfing supplier companies coming to an end? The predator Bezos is now betting on buying health services or data companies