Amazon.com will offer customers a one-hour delivery option for books, CDs and toys through a partnership announced today with Kozmo.com.
Published:
21 March 2000 y., Tuesday
The leading online retailer has invested $60 million for an undisclosed stake in Kozmo, which delivers videos, food and other convenience items to shoppers. As part of its investment, Amazon says it signed a three-year strategic alliance to begin offering the new delivery option. Amazon did not specify when one-hour delivery service would be available. Kozmo currently operates in New York, Boston, Washington, D.C., San Francisco, Seattle and Los Angeles. The company expects to operate in a total of 21 cities by the end of the year, and is widely expected to file soon for an initial public offering.
For all the convenience of shopping online, delivery has always been one of the biggest hurdles facing online retailers like Amazon. Many people hate to wait the three to five days it can take for a purchase to be delivered, and balk at paying premium prices for overnight delivery.
Last year, Amazon rival Barnesandnoble.com tested a hand-delivery service of books in New York City.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
“Banking Market in the Baltics 2009-2011, CEE Banking Brief” report recently presented by Intelace Research states that, despite the current economic recession, Estonia, Latvia and Lithuania are still among the most advanced banking markets in Central and Eastern Europe (CEE).
more »
According to the unaudited data for three quarters 2009, AB Bank SNORAS earned LTL 4.1 million profit. Although the inter-banking market of the country fixed the banks’ asset decrease (- 4.6 per cent) since the beginning of the year, the assets of Bank SNORAS grew by LTL 249.3 million and were by 4 per cent higher than at the beginning of 2009.
more »
Taking into account changes on domestic money markets AB DnB NORD Bankas, a member of international financial group shall change individual and corporate time deposit rates from November 5.
more »
FL Technics, the leading aircraft maintenance, repair and overhaul (MRO) provider in Eastern Europe, has signed contracts with Air Italy and Air Slovakia for Boeing 737-300 aircraft base maintenance in Lithuania.
more »
Thales UK’s headquarters site in Weybridge has recently held a Halloween charity coffee morning, raising more than £280 for Marie Curie Cancer Care.
more »
New SaaS-Based Vulnerability-Scanning Solution Is Latest Addition to Company’s Application Security Program.
more »
Since 31 October 2009, only LTL 0.99 fee for accepting payments will be applied to clients while making payments for various services (utility fees, communication services, etc.) in all subdivisions of Bank SNORAS.
more »
AB DnB NORD Bankas, the country‘s leader in investment products market, offers a new possibility for the clients to make repurchase deals (repo deals) in the bank’s newly installed on-line trading platform.
more »
The benefits of the integration of eastern Europe’s financial systems into the world economy outweigh the costs that have been highlighted during the global economic crisis, the EBRD has concluded in a new report.
more »
On 22 October 2009, following the favourable opinion expressed in September by the Committee for Fisheries and Aquaculture, the Commission adopted a Regulation establishing the implementing rules for the 2008 Regulation to prevent, deter and eliminate illegal, unreported and unregulated (IUU) fishing.
more »