Amazon (AMZN +1.5%) is launching a $299/year same-day shipping tier for Amazon Prime, says Bloomberg's Brad Stone. The news follows a strings of remarks from Amazon in which it downplayed its same-day ambitions. eBay (EBAY +2.8%), by contrast, has been quite vocal about wanting to create a national same-day infrastructure; Google is also targeting this space. Also: As expected, Amazon is expanding its grocery delivery business to L.A.. AmazonFresh, available in Seattle since '07, will (for now) be available for free on a trial basis to Prime subs in several L.A. zip codes; its offerings include local gourmet items.
Amazon (AMZN +1.5%) is launching a $299/year same-day shipping tier for Amazon Prime, says...
From other sites
Video at CNBC.com (Fri, 7:00PM)
Video at CNBC.com (Fri, 7:10AM)
Video at CNBC.com (Thu, 4:38PM)
Video at CNBC.com (Wed, 6:35PM)
Video at CNBC.com (Wed, 3:50PM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs