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Amazon Quick Delivery Reaches $1 Billion Milestone in India

Amazon Quick Delivery Reaches $1 Billion Milestone in India
Amazon Quick Delivery Hits $1-Billion Milestone In India In Less Than 2 Years · NDTV

Amazon has a fast-delivery service in India called Amazon Now.

It brings items to customers very quickly.

Amazon says the service is now on pace to make more than $1 billion in one year.

Its orders have doubled every three months since it began in India.

The service currently works in more than 60 towns and cities.

Amazon wants to expand it to 100 cities by Diwali in November.

Blinkit is currently the leading fast-delivery company in India.

Other competitors include Zepto, Swiggy, and Flipkart.

Many companies are investing in this business, but they must also find ways to make money instead of spending too much.

Key facts

Service
Amazon Now
Revenue milestone
More than $1 billion in annualized gross revenue
Order growth
Orders have doubled each quarter since launch
Current reach
More than 60 Indian towns and cities
Expansion target
100 Indian cities by Diwali in November
Market leader
Eternal Ltd.’s Blinkit
Market context
India’s e-commerce market is projected to approach $250 billion by 2030, according to a Google and Deloitte report

Sources

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