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Amazon.com, Inc. (AMZN)’s: Moody’s Considers Addition of Same-Day Delivery to 6 Cities a Credit Positive

Amazon.com, Inc. (NASDAQ:AMZN) has announced in a press release recently that it has expanded its Same-Day Delivery service, with the new ‘Get It Today’ feature to six more cities. It seems that the addition of six cities for same-day delivery, has turned out to be a hugely positive move for Amazon.com, Inc. (NASDAQ:AMZN) as Moody’s termed it as a credit positive for the company, in an announcement.

Amazon Video Streaming Deal

Moody’s also clarified that it was only deeming the addition of six cities by Amazon.com, Inc. (NASDAQ:AMZN) as a long term credit positive for the company and was not taking a credit rating action as of now.

At the moment, Moody’s has the ‘Baa1’ credit rating for Amazon.com, Inc. (NASDAQ:AMZN), with a stable outlook.

Disclosure: None

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