Amazon's Next Business: Taking on Instacart and Uber
Amazon (NASDAQ: AMZN) has been quietly testing a delivery service from third-party grocery stores in the U.K. for the past year. Now, it's ready to take the operation stateside, according to a report from The Information.
Amazon already offers same-day delivery from its Whole Foods stores for Prime members. The new program would expand the service to local retail partners and use Amazon Flex drivers, contracted drivers Amazon already uses for Whole Foods and some Amazon.com deliveries. But the expansion would put it in direct competition with other delivery services like Instacart, Uber Technologies (NYSE: UBER), and Target's (NYSE: TGT) Shipt.
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Source Fool.com
