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  • 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. [View news story]
    Amazon will lost much more than $299 for each prime as shipping cost increase. .
    Jun 10, 2013. 12:47 PM | Likes Like |Link to Comment
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