tl;dr
Amazon (NASDAQ: AMZN) is reportedly developing smart glasses to guide its delivery drivers through the "last 100 yards," providing turn-by-turn navigation via an embedded screen. This innovation aims to streamline navigation, eliminating the need for handheld devices. Amazon's move emphasizes its co...
In an effort to enhance delivery efficiency, Amazon (NASDAQ:AMZN) is reportedly developing smart glasses to guide its drivers through the "last 100 yards," providing turn-by-turn navigation via an embedded screen. This innovation aims to streamline navigation for delivery drivers, eliminating the need for handheld devices.
This move underscores Amazon's (AMZN) commitment to optimizing delivery times and outperforming competitors like Walmart (WMT), which has been ramping up its own efforts to compete with Amazon's same-day delivery service. Amazon currently achieves a staggering delivery rate of over 66,000 packages per hour.
Last year, Amazon significantly expanded its same-day and next-day delivery volume for Prime members, reaching 7 billion packages, a 65% increase from the previous year. In comparison, Walmart delivered 4.4 billion packages, with 20% of them arriving in under three hours.
Amazon's (AMZN) dominance in delivery speed was further solidified when its MK30 delivery drone received clearance from the Federal Aviation Administration to commence operations. Initially, the drone will operate from Amazon's Same-Day Delivery site in Tolleson, Arizona.
As of now, Amazon (AMZN) has not responded to Seeking Alpha's request for comment regarding these developments.
Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.