5 Things in ePharmacy You Need to Know This Friday 10/09/21
5 Things in ePharmacy You Need to Know This Friday 10/09/21
Funding [🇮🇳]
Indian PharmEasy Sets Target to Raise up to $1B
India is booming in ePharmacy. The Indian unicorn, which is listed this month at position 13 at the ePharmacy Data Database as the fastest growing ePharmacy based on average monthly visits, is contemplating a $1B capital raising in Mumbai. So far, PharmEasy has served over 5M families by delivering more than 15M items. Moreover, this June, the company invested $611M for a majority stake in Thyrocare Technologies Ltd.
Read More: Bloomberg
Tech News [🇬🇧]
Boots Launches On-Demand Delivery trial with Deliveroo
Boots, the largest pharmaceutical supplier in the UK, will become the latest major retailer to offer its items through Deliveroo. This agreement means that users may purchase medications and medical products for milder diseases. Also among 400 goods originally accessible from UK-owned boots are make-up, toiletries, baby products, and snacks.
Read More: The Guardian
Financial Results [🇩🇪 🇨🇭]
Shop Apotheke Boosts Sales by 15% in H1 2021
The company boosted its revenues by 15% to €534M in H1 ‘21, compared to €465M in H1 ’20. What drew this growth was an increase in active consumers by 30%, bringing their user base to over 7.1M, all from organic sources. The company’s evolution to Europe's leading customer-centric ePharmacy platform is on track, as the Management Board anticipates sales growth of 10%-15% in 2021.
Read More: Bloomberg
Expansion [🇦🇺]
Australian Chemist2U to Become the Uber Eats of Pharmacy
Chemist2U is an 18-months old Australian online start-up following an order on-demand approach and aiming to become the Uber Eats of community pharmacy. With an exceptional month-on-month growth of 70% to 100%, it has already partnered with over 200 pharmacies. The company strives to provide same-day delivery of most Rx and OTCs medications in cities and regional hubs.
Read More: AFR
Editor’s Choice 🌍
Biggest ePharmacy Global Summit to Take Place in Less Than 10 days
As the global ePharmacy market size is booming globally, the second Global ePharmacy Summit will stream to your screens on September 22 - 24 delivering all the latest trends and insights to your doorstep. Speakers will include eCommerce and Consumer Healthcare executives from across the world, and the Summit will be live-translated into six languages. This is an event not to be missed!
Discover More: ePharmacy Summit
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry
below:
Customer Journey Lead - Ecommerce, GE Healthcare [🇺🇸]
More info: LinkedIn
eCommerce Sr. Account Manager., J&J [🇰🇷]
More info: LinkedIn
eCommerce Analyst, Pharmavita [🇺🇸]
More info: LinkedIn
Digital Commerce Activation Manager, GSK [🇷🇺]
More info: LinkedIn
eCommerce Specialist, Perrigo [🇹🇷]
More info: LinkedIn
Quiz: Are you an ePharmacy Wizard?
Every week a new trivia question will be asked to you regarding general facts related to the Pharmaceutical sector!
What was invented by a pharmacist named John Pemberton?
Chemotherapy
Coca Cola
Aspirin
Mascara
Scroll down to the end of this email to reveal the answer.
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The answer to this week’s quiz is: Coca Cola. Additionally, another pharmacist, Charles Alderton, invented Dr. Pepper. What exactly is the situation with pharmacists and soft drinks?