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Report: UnitedHealth Buys Online Pharmacy Startup DivvyDose

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the world’s largest healthcare company by revenue, has purchased DivvyDose, the Illinois-based online pharmacy startup, for about $300 million, sources told CNBC. CNBC reported giant retailers and health plans are acquiring online pharmacy startups as a way to make it easier for patients to access medicines.

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Amazon Air Expands In A Bid To Better Manage Shipping Logistics

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Amazon now controls shipping about 26 percent of its online orders, according to Wolfe Research. and this year it’s opening regional hubs in Texas, Ohio, and expanding one in Illinois. The expansion includes a $1.5 billion hub in Northern Kentucky, scheduled to be open in 2021.

Kentucky 182
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As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

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consumers are expected to be shopping online by 2021. The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. More than 230 million U.S. Thus far, a bit more than a year after the ruling, tax policy remains fragmented.

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Amazon (And Others) Brace For India’s New eCommerce Tax

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That is up from roughly $50 billion at present, with an estimated 175 million individuals shopping online in 2020. With those mandates, the Indian government said that online marketplaces can no longer enter into such third-party deals, or have a single vendor supply more than a quarter of inventory across a given product.

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Walgreens Launches New Loyalty Program, Ups Same-Day Service

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Deerfield, Illinois-based pharmacy chain Walgreens has launched a revamped customer loyalty program, myWalgreens , which promises its customers new benefits as the company closes down its previous offering, Balance Rewards. Certain restrictions apply, such as for Walgreens locations that aren’t open 24 hours a day.

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Remote Seller Taxation: A Job For Tax Automation

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Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. Similarly, Illinois is eying close to $400 million in new annual sales tax revenue on ecommerce items shipped into the state.

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Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

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The company recently said it would shutter 180 out of 380 offices in the country, while putting $115 million toward its online client offering and eliminating 1,000 positions. In addition, Illinois-based Byline Bank is to shutter 11 offices from the beginning of next year, Banking Exchange reported.