Market Chatter: Amazon Earmarks $3 Billion to Expand Quick-Commerce Business in India by 2030
MT newswire2026/09/24 09:47Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
05:47 AM EDT, 09/24/2026 (MT Newswires) -- Amazon (AMZN) has allocated $3 billion to boost its instant delivery, or quick commerce, business in India by 2030, Reuters reported Thursday, citing two sources with direct knowledge of the plans. The sources told Reuters that Amazon aims to spend $1 billion in the sector by 2027 and another $2 billion by 2030, covering spending on new neighborhood warehouses, along with artificial intelligence tools and inventory management software, the report said. Amazon did not immediately respond to MT Newswires' request for a comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Silver Price Forecast: XAG/USD remains steady near $94.00 as oil prices ease
FXStreet•2026/09/25 03:15
Metalpha withdrew 11,179 ETH worth $30.12 million from a certain exchange.
Odaily星球日报•2026/09/25 02:43
Japan’s Katayama says BoJ's latest rate hike was done to achieve inflation target
FXStreet•2026/09/25 02:33
Crypto prices
MoreBitcoin
BTC
$84,161.48
+0.25%
Ethereum
ETH
$2,674.97
-0.00%
Tether USDt
USDT
$0.9997
-0.00%
BNB
BNB
$773.54
+0.62%
XRP
XRP
$1.53
+2.30%
USDC
USDC
$0.9999
+0.01%
Solana
SOL
$116.69
+1.70%
TRON
TRX
$0.3397
-1.20%
Zcash
ZEC
$1,552.62
+3.66%
Hyperliquid
HYPE
$91.17
-0.99%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now