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Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment - TL;DR CNBC

Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment

Publishing timestamp: 2024-04-29 13:28:11


Summary

Amazon is increasing its delivery speed to Prime members in top U.S. metro areas, with nearly 60% of orders arriving same or next day in the first quarter. The company is focusing on fast shipping to retain customers in the competitive online shopping market and plans to make same- and next-day delivery standard. Investors are expecting strong earnings results from Amazon as the company continues to invest in speedy delivery and sees growth in its everyday essentials business.


Sentiment: POSITIVE

Tickers: WMTAMZNTGT

Keywords: walmart inctechnologybreaking news: technologyamazon.com incbusiness newsinternete-commercetarget corp

Source: https://www.cnbc.com/2024/04/29/amazon-says-60percent-of-prime-orders-are-arriving-same-day-or-next-day.html


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