Kuaishou Stock Jumps on Kling AI IPO Plans and $20 Billion Valuation 
Morgan Stanley Bets on Optical Component Stocks in Greater China Tech Sector 
Reliance Industries Reworks Jio IPO Into Fresh Share Sale Amid Valuation Talks 
Asian Currencies Slide as Iran Tensions Boost Dollar and Oil Prices 
Asian Stocks Rise Despite Middle East Tensions as Chipmakers Boost Markets 
CSL Shares Crash as Profit Warning and $5 Billion Impairment Shake Investors 
Trump Says Iran Ceasefire ‘On Life Support’ as Oil Prices Surge Above $104 
Nike Tariff Refund Lawsuit Sparks Consumer Backlash Over Price Increases 
Indian Stock Market Drops as Iran Conflict Fuels Oil Price and Inflation Fears 
Trump Invites Top CEOs Including Nvidia, Apple, Boeing to China Summit With Xi Jinping 
Maersk Q1 Earnings Beat Expectations as Iran Conflict Clouds Shipping Outlook 
China Inflation Jumps as Iran Conflict Drives Energy Costs Higher 
Norway Core Inflation Hits 3.2% in April, Fueling Interest Rate Hike Expectations 
AcadeMedia Q3 Profit Climbs as International and Adult Education Segments Drive Growth 
Trump Says Iran Ceasefire Near Collapse as Oil Prices Surge 
Oil Prices Rise as Dollar Gains Ahead of Key U.S. Inflation Data 
Amazon is adding a new service for customers of its Amazon Fresh grocery. It has launched a delivery service for shoppers who are not Prime members.
Customers who shop at Amazon Fresh can now place orders and have them delivered directly to their homes even if they do not have Prime membership. Initially, this offering is only available in select cities in the United States.
Customers in San Francisco, Dallas, Austin, Phoenix, Boston, Nashville, and Tennessee will have access to the service. But then again, since this is a delivery service, there are fees to pay. Non-Prime members need to pay $13.95 for orders below $50, while groceries worth between $50 and $100 will have a $10.95 fee. The lowest fee of $7.95 will apply to orders over $100. Amazon currently has 44 Fresh grocery stores in the U.S., many of which are in Washington, California, Virginia, and Illinois.
According to CNBC, before the rollout of the delivery service for purchases at Amazon Fresh, it was only available to Prime members who pay $139 a year for membership. They were the only ones who could order groceries from Fresh, launched in 2007. This was the e-commerce firm’s first venture into the online grocery business.
In any case, even Prime members are being charged delivery fees now for Fresh grocery orders less than $150. Due to mounting costs, the free delivery perk for members who purchased more than $35 worth of groceries was discontinued.
In the coming months, Amazon also plans to expand the Fresh delivery service to include all states in the country. On top of this, the company may also include items from Whole Foods and other grocers.
Meanwhile, the managing director of GlobalData Retail, Neil Saunders, said Amazon’s decision to offer grocery deliveries to non-Prime members is understandable because it is trying to broaden its customer base, which is very important to drive growth.
“However, given that Prime membership penetration is extremely high, the scale of the upside remains to be seen and it is likely that further changes will be needed to help move the business forward,” The Tribune-Democrat quoted Saunders as saying via email.
Photo by: Amazon Newsroom
