Amazon.com, Inc. (AMZN)’s One Hour Delivery Dream in the Making

As part of his documentary on Amazon.com, Inc. (NASDAQ:AMZN) called ‘Amazon Rising,’ CNBC’s David Faber had interviewed Nadia Shouraboura, who is the Founder and CEO of Hointer (an apparel store for men) and also a former Amazon executive.

Speaking on the vision for the speedy delivery of items ordered online, Shouraboura said, “I think the true vision is one hour.” Shouraboura statement was the result of the growing anxiety among consumers to get their items delivered fast and, as a result, there is also a growing interest among online retailers to outrun each other in terms of competition and capture a larger slice of the constantly growing e-commerce industry.

Amazon.com (NASDAQ:AMZN), The Washington Post (NYSE:WPO), Berkshire Hathaway Inc. (NYSE:BRK.A), Apple Inc. (NASDAQ:AAPL)

The anchors for CNBC’s ‘Squawk Alley,’ discussed as to how Amazon.com, Inc. (NASDAQ:AMZN) is going to make the ‘One-hour delivery’ operational. The most important technology that Amazon is betting right now on is ‘drones’ (small unmanned aerial vehicles). Amazon is testing drones for delivery and has said that it can deliver packages weighing five pounds using drones.

As nearly 86% of Amazon.com, Inc. (NASDAQ:AMZN) delivery packages are below 86 pounds, the drone technology can prove to be very helpful in making one hour or half hour deliveries possible.

Currently, Amazon has facility to provide same day delivery. Meanwhile, its competitor eBay Inc. (NASDAQ:EBAY) has already launched a one hour delivery service in 2013 which can be accessed using an eBay app called ‘eBay Now.’

As part of this service, the app will help you find an item at a store nearest to you which include Target Corporation (NYSE:TGT), Macy’s Inc. (NYSE:M) & Best Buy Co. Inc. (NYSE:BBY). Once you select and pay for the item, an eBay Now ‘valet’ will deliver the same within an hour to you by a bicycle. The service is available for a flat delivery charge of $5.

Unlike eBay, Amazon.com, Inc. (NASDAQ:AMZN) has plans to introduce half-hour delivery through drones that can carry packages up to 10 miles and is in the process of clearing regulatory hurdles.

Disclosure: none

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!