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Amazon raises stakes for rivals with one-day delivery goal after profit surge

Reuters India Friday, 26 April 2019
Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals such as Walmart Inc.
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News video: Amazon To Offer Free 1-Day Shipping For Prime Customers

Amazon To Offer Free 1-Day Shipping For Prime Customers 00:26

Amazon, which hooked shoppers on getting just about anything delivered in two days, announced Thursday that it will soon promise one-day delivery for its Prime members on most items.

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