Amazon Takes Bigger Stake In Online Pharmacy

Amazon.com, Seattle, will boost its minority stake in drugstore.com in return for $105 million over three years. By adding $30 million to its investment in the online pharmacy, Amazon boosts its minority ownership to about 28%.

Plans call for the integration of a number of their shopping features and the creation of a dugrstore.com link at Amazon.com. In addition, drugstore.com will be featured as a permanent part of the Internet marketer’s regular structure.