CNBC October 24, 2023
Key Points
– Amazon is considering offering veterinary telehealth as it looks to compete with Walmart, people familiar with the matter told CNBC.
– Walmart began offering free access to pet telehealth to Walmart+ subscribers earlier this year.
– The U.S. pet market is expected to grow to $200 billion by the end of the decade, and pet health is driving that boom.
Amazon is considering an expansion into veterinary telehealth in its latest bid to compete with Walmart, which began offering the service to Walmart+ subscribers earlier this year, people familiar with the matter told CNBC.
The e-commerce giant, which has already expanded into human health with its acquisition of One Medical, is a dominant player in pet...