Alphabet Inc plans to invest US$375mil (RM1.53bil) in Oscar Health, helping it expand to more markets and business segments, including Medicare Advantage in 2020, the health insurance startup said.
The investment comes months after Oscar Health raised US$165mil (RM676.91mil) in a funding round. Among the participants of that funding, CapitalG and Verily Life Sciences were financed by Alphabet.
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