US RETAIL giant Walmart is in talks to pay less than US$1b to acquire PillPack, with rumours also of Amazon showing interest, according to a report by CNBC.
PillPack is an online pharmacy medication management company startup that in 2016 was valued at US$330m, home-delivering prepackaged drugs monthly.
The company, which also offers a 24/7 service, reported revenue of more than US$100M in 2017 and has raised US$118M in funding from investors, including US pharmacy giant CVS and Menlo Ventures, since launching in 2013.
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