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Expansion● Neutral for Indian equities
Amazon expands ultra-fast delivery service Amazon Now to over 120 cities
The brief
- Amazon Now has doubled its footprint in two weeks, expanding to over 120 cities
- Expansion intensifies competition for Indian e-commerce and quick-commerce companies
- Anthropic IPO filing shows 47% of sales came through Amazon and Google
- Amazon wades into India’s fast delivery battleground: ‘DoorDash on steroids’
- Big AI reset ahead? Chris Wood doubts hyperscalers’ $990 bn capex estimates, highlights India’s reverse AI trade advantage
- Amazon plans $3 billion investment in India quick commerce by 2030