Amazon is reportedly in early - stage discussions over a possible investment in Indian pharmacy chain MedPlus Health Services . The buyout disrupted pharma shares and wiped out nearly $11 billion stock prices of conventional pharmacy chains like Rite Aid, Walgreens and CVS. The company operates 1,500 pharmacies across India , as well as online store MedPlusMart , surgical equipment distribution firm , and lab test centres , etc . India is an important market for the e - retailer , which predicts groceries and household products to make up half its business in the country in the next five years .
Amazon is reportedly in early - stage discussions over a possible investment in Indian pharmacy chain MedPlus Health Services . The company operates 1,500 pharmacies across India , as well as online store MedPlusMart , surgical equipment distribution firm , and lab test centres , etc . India is an important market for the e - retailer , which predicts groceries and household products to make up half its business in the country in the next five years .