Why Amazon’s ‘major’ grocery expansion is bad news for delivery apps, retailers
1. Amazon announced a significant grocery delivery expansion across 1,000+ cities. 2. Competitors Instacart and DoorDash saw their shares fall significantly after the news. 3. Analysts claim Amazon's grocery move increases competitive pressure on delivery services. 4. Same-day grocery delivery with Amazon is now free for Prime members over $25. 5. Expansion targets a crucial market segment for Amazon, historically less dominated.