Costco Wholesale is partnering with a startup on a move that will make various medical care available to the retailer’s members. The company it is teaming up with is Sesame.
Groups such as GV, billionaire Richard Branson’s Virgin Group and General Catalyst have put money in Sesame, the startup has previously said. GV stands for Google Ventures.
comes ahead of Costco on Tuesday putting out its financial results for its fourth quarter. In the third quarter, the company reported generating nearly $53.65 billion in revenue, including $1.04 billion from membership fees and $52.6 billion from net sales. That marked a year-over-year increase of 2%.
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