Your $119 annual Amazon Prime membership is about to get you more bang for your buck. Instead of waiting two whole days for online orders to arrive, the e-retailer will soon offer free one-day shipping.
The free shipping news was shared at Amazon's first quarter earnings call Thursday, where CFO Brian Olsavsky said $800 million is set aside to make the one-day logistics possible. Amazon made nearly $3.6 billion in the first months of the year.
The quicker shipping should start in the next few months. Already in the past month more shoppers were receiving the one-day shipping option for eligible orders and in certain areas. Prime members currently need to spend $35 worth of qualifying items to get one-day delivery. Two-day is the standard free shipping offer. Read more...
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