This article first appeared on GuruFocus. Amazon (NASDAQ:AMZN) will invest $3 billion to expand its quick commerce business in India by 2030, two sources told Reuters, its biggest bet yet on a segment where local rivals have built a large lead in deliveries within minutes. The plan calls for $1 billion by the end of 2027 and another $2 billion by 2030. Amazon shares were down 0.87% in premarket. Warning! GuruFocus has detected 5 Warning Signs with AMZN. Is AMZN fairly valued? Test your thesis with our free DCF calculator.
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