Prime customers with Ford vehicles to receive packages where they are

Amazon (AMZN) has teamed up with Ford Motor (F) to offer even more convenience for its most loyal customers. Last year, Amazon launched a program that allows customers to have shopping packages delivered to their parked cars if they are not at home or don’t want to pick up items ordered through Amazon’s online shopping platform. The Key In-Car Delivery program is exclusive to Amazon Prime members who own certain Ford vehicles.

Amazon Invests in More Convenience for Prime Customers

Sign up for Bagels & Stox, our witty take on the top market and investment news, straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.

Amazon boasts over 100 million Prime members in the United States

Amazon hopes the Ford partnership will translate into a more convenient and secure way for its Prime customers to receive their packages, which could encourage them to make more purchases with Amazon and build loyalty.

The average Prime member spends $1,400 on Amazon retail purchases every year, whereas regular shoppers spend $600, according to Consumer Intelligence Research Partners. Amazon is estimated to have exited the first quarter with more than 103 million US Prime members.

Retailers race to impress customers

Amid tightening competition for customers, retailers are turning to innovation to build shopper loyalty and give customers a one-of-a-kind experience. Last year, Walmart (WMT) partnered with Alphabet’s (GOOGL) Waymo to transport customers to its stores in self-driving vehicles. In China, Alibaba (BABA) and JD.com (JD) are using drones, rolling robots, and other hi-tech systems to deliver packages to customers in the shortest time possible.

Latest articles

After opening on a bearish note on Wednesday, Tesla (TSLA) was trading with 4.8% losses for the day, near $195.25 at 1:16 PM ET.

With voting conducted in seven phases panning six weeks, India’s (EPI) elections have been a grand affair—to say the least. Tomorrow is the day of the results.

Qualcomm (QCOM) stock fell more than 10% in the first half of trading on May 22 after it lost its licensing lawsuit with the US FTC (Federal Trade Commission).

Apple (AAPL) suffered a setback recently when the US Supreme Court allowed an antitrust lawsuit against the company to proceed.

Today doesn’t seem to be a good day for electric vehicle companies. Earlier today, NIO stock hit an all-time low of $4.00.

22 May

Cannabis Stocks Struggle to Find Direction

WRITTEN BY Adam Jones

The cannabis sector has been struggling to find direction on May 22, with cannabis stocks trading on a largely mixed note in the first half.

172.31.59.107