Amazon's Grocery Deliveries Doubled Last Quarter, and It's Just Getting Started
Online grocery went mainstream in 2019, as Amazon (NASDAQ: AMZN), Walmart (NYSE: WMT), and others offered consumers more ways to stock their fridges and pantries with just a few clicks or taps.
Amazon notably dropped the $14.99 per month membership fee for its AmazonFresh delivery service at the end of last year, and the consumer response has been strong. Delivery orders more than doubled year over year in the fourth quarter, according to CFO Brian Olsavsky.
Amazon's growth comes despite Walmart's aggressive efforts to convince more online shoppers to make Walmart.com their destination for groceries. It now offers curbside pickup at over 3,000 locations and can deliver to customers homes from 1,400.
Source Fool.com
