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Amazon Launches One-Hour Delivery

E-commerce giant Amazon (AMZN) has introduced one-hour and three-hour deliveries in parts of the U.S. as the company ramps up its “ultrafast shipping” push.

Seattle-based Amazon said three-hour delivery is now available in about 2,000 cities and towns across America, while one-hour delivery is available in hundreds of areas.

Management at the company said they are trying to satisfy impatient consumers.

“Our customers are busier than ever and are looking for new ways to save time while keeping their households running,” said Amazon in a written statement.

Amazon added that more than 90,000 products are now eligible for delivery in three hours or less, including pantry items, cleaning supplies, some medications, clothing and toys.

Amazon said it expects to bring ultrafast shipping to more areas of the U.S. in the coming months.

Going forward, consumers can filter search results for products that can be delivered in one hour or three hours.

Amazon has offered free, two-day delivery with its Prime membership since 2005. By 2019, it made one-day shipping its standard.

Since the Covid-19 pandemic struck in 2020, Amazon has invested in expanding same-day delivery.

Recently, the company has been testing 30-minute deliveries of household essentials and fresh groceries with a program called “Amazon Now.”

Amazon has also been working for over a decade to launch drone-based deliveries in an hour or less, initially launching the service in several American test markets.

AMZN stock has risen 8% in the last 12 months to trade at $211.74 U.S. per share.