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- 01 30, 2025
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firms face a the hunt is on for new areas of expansion. , which is now America’s second-biggest business by revenue, is a case in point. In the final quarter of 2022 its sales are expected to expand by just 6.7% year-on-year. On November 17th Andy Jassy, its chief executive, confirmed that the firm had begun laying off workers and would fire more next year. He said it was the hardest decision he had made since becoming boss. But he also noted that “big opportunities” lie ahead. One is the largest, most lucrative and hellishly difficult business in America: health care.Many tech firms have health-care ambitions. Apple tracks well-being Microsoft offers cloud-computing services to health firms. Alphabet sells wearable devices and is into biotech research. But Amazon is now creating the most ambitious offering of all. Two days before Mr Jassy’s statement it launched “Amazon Clinic”, an online service operating in 32 states that offers virtual health care for over 20 conditions, from acne to allergies. Amazon describes the service as a virtual storefront that connects users with third-party health providers.