Amazon extends U.S. delivery to third-party sellers: Business Insider
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Amazon.com (NASDAQ:AMZN) is expanding its shipping service to third-party sellers, Business Insider reported, citing an email invitation to the sellers.
The in-house delivery service delivers products sold on Amazon's marketplace and other sites, including the seller's own or other channels. For now, the services if for within the contiguous U.S.
Amazon Shipping first launched a beta service in 2018 in select cities, including Los Angeles and London. It was suspended when the pandemic hit.
Amazon's share of parcel volume in the U.S. stood at 23% last year, according to data from e-commerce logistics layer Pitney Bowes. The US Postal Service and UPS account for 32% and 24%, respectively. FedEx had 19% market share.
Earlier this month, Amazon.com (AMZN) rallied after reporting results and forecasts that outstripped expectations.
The company forecast net sales for the third quarter between $138B and $143B, up 9% and 13%, respectively, compared with the third quarter of 2022.
Analysts were generally overjoyed with the results, bumping estimates and price targets higher.
AMZN fell 0.7% today, while UPS was up 0.5% and FDX fell 0.6%.

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