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Amazon (AMZN) Is Now A Diaper Maker And Restaurant Delivery Service: Bridget Carey

Amazon.com, Inc. (NASDAQ:AMZN) may already be into a lot of verticals but that isn’t stopping the company from pumping out more specialized products like diapers and its own restaurant delivery service.

According to CNET’s Bridget Carey, Amazon.com, Inc. (NASDAQ:AMZN) has just announced a new line of products called Amazon Elements. It also launched its very own service where users can order from restaurants and have the products delivered to their doorstep.

“Amazon is many things. The e-commerce giant is a tech manufacturer, a grocery store, a digital music marketplace, a video streaming service, a maker of robots and flying drones, a directory for repair services, a credit card transaction processor and now we can add two more specialties to the list – diaper maker and restaurant delivery service,” Carey said.

The new Amazon Elements line, which also includes baby wipes, is now only available to subscribers of Amazon.com, Inc. (NASDAQ:AMZN)’s Prime club. However, Carey noted that Amazon Mom members will have additional discounts to the diapers now being sold by the company.

The CNET editor also noted that Amazon is highlighting the ethical manufacturing of its Elements products. Users can scan codes on the labels of these products to find out where they were made and what materials were used to make them. Carey also said that the Elements line is expected to add “premium” everyday products down the line.

Amazon, is AMZN a good stock to buy, Bridget Carey, Diapers, restaurant delivery service, Amazon Elements, Amazon Local,

Not content with already selling a ton of stuff on the internet, Amazon.com, Inc. (NASDAQ:AMZN) is also unveiling a restaurant delivery service through Amazon Local which Carey said is aimed squarely at services like Seamless and GrubHub. The new service is only available in Seattle at the moment.

As for what’s next for the company, the CNET editor said that some reports point to a new travel and hotel booking site. She jokes that it is only a matter of time before Amazon builds its own resorts.

Amazon.com, Inc. (NASDAQ:AMZN) shareholders includes Eashwar Krishnan’s Tybourne Capital Management which owned 412,725 shares in the company by the end of the third quarter.

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