Swiggy and Eternal shares are in the spotlight today as Amazon ramps up its fast-delivery game. As per ET NOW report, Amazon Now has officially launched 10-minute deliveries in Bengaluru, Delhi, and Mumbai, giving customers an ultra-quick way to get essentials and groceries delivered right to their doorstep.
To support this lightning-fast service, Amazon has already set up more than 100 micro-fulfillment centers across the three cities. And that’s just the beginning—plans are underway to open hundreds more by the end of the year as order volumes continue to surge, reportedly growing 25% month-on-month.
With this aggressive expansion, Amazon Now is not just aiming for speed but also looking to compete with established delivery players, keeping customers happy with convenience and quick service. Investors are keeping a close eye on how this move could impact other players in the space, including Swiggy and Eternal.
In the meantime, as of 12:02 PM, Swiggy shares were trading 0.21% higher at Rs 424.80. On the other hand, Eternal shares were trading 0.68% higher at Rs 326.60.
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