Quote:
The Warehouse Group invests in ZOOM Health
The Warehouse Group has become a cornerstone shareholder in ZOOM Health
Limited ("ZOOM"). ZOOM is a health technology company and shareholder in ZOOM
Care Limited, an online pharmacy delivering prescription medicine to
patients.
The Warehouse Group CEO Nick Grayston says that such a service is crucial for
New Zealanders, particularly in current times when it is hard to get out
physically to pick up prescriptions, but they can instead be delivered to a
patient's door.
"We believe that through this investment, we are helping make a difference to
New Zealanders' welfare in a way that provides convenience and
affordability".
"The Warehouse Group has been working on building a customer ecosystem that
leverages our brand strength, store network and customer base. We firmly
believe that the investment in such a promising digital health company
complements our existing offer and our expertise in online retail and
distribution. It also aligns well with our purpose of helping Kiwis live
better every day".
The investment will result in additional capital for ZOOM for dispensing
infrastructure, distribution centres, software development and further
investment in its people.
to save a click