03-04-2018 05:45 via feedproxy.google.com

Walmart reportedly in talks to acquire prescription delivery service PillPack

Walmartis in discussions to acquire medication delivery service PillPackfor “under $1 billion,” reports CNBC. CNBC’s sources said the deal isn’t final yet, but talks have been going on for months and Amazon was also a potential suitor for the startup, which delivers medications to tens of thousands of customers in the United States.
Launched in 2013, PillPack has raised $118 million in funding from investors including Accel Partners, Atlas Venture and CRV. PillPack doesn&
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