Wall Street analysts rave about Amazon’s one-day delivery push

In breaking down Amazon’s first-quarter earnings, Wall Street analysts focused on the company’s announcement that it will shorten standard delivery for Prime members to one day from two.

The move was welcomed by analysts, who pointed to one-day delivery as a way to further drive growth within Amazon’s consumer e-commerce business while simultaneously distancing the company from its competitors.

“In a potentially game-changing announcement, AMZN on the call highlighted an incremental $800MM investment in 2Q19 to roll out free one-day delivery for Prime members,” Cowen said in a note to investors.

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By |2019-04-27T22:49:25-05:00April 27th, 2019|Latest News|