Amazon's Fast Delivery Service in India Surpasses Revenue Threshold of $1 Billion!
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Amazon reports a milestone for its Indian fast delivery service Amazon Now: The service reaches an annualized revenue rate of over $1 billion. Orders have doubled quarter by quarter over the past year. This intensifies the competition with local providers such as market leader Blinkit. Doubling Quarter by Quarter Amazon announces that its Indian fast delivery service Amazon Now is approaching an annualized revenue rate (revenue extrapolated over twelve months) of more than $1 billion. Since its launch about a year ago, orders have doubled each...
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