One Medical, a healthcare provider, will be acquired by Amazon for $3.9 billion in cash

Amazon announced on Thursday that it has reached an agreement to buy primary healthcare provider One Medical for an estimated $3.9 billion in cash, furthering its foray into the industry.

With a rising interest in healthcare services, the US-based e-commerce behemoth has been seeking to diversify its operations beyond its core sectors.

Neil Lindsay, senior vice president of Amazon Health Services, stated that the business b....