How Amazon Makes Money

9. Pharmacy

Amazon Pharmacy is one of the newest launches by Amazon, which only came into existence on November 17, 2020, and has turned the healthcare industry upside down. Some of the major competitors of Amazon include CVS Health (NYSE:CVS) and Walgreen (NASDAQ:WBA), both of whose shares suffered on Amazon’s announcement of entering the industry. The company provides subscriptions to people who have subscribed to Amazon Prime with free delivery and within two days of placing the order. While its too soon to tell the impact Amazon will make, if history tells us anything, it could be huge.

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