Google Moves Forward With Same-Day Delivery Push

Search engine plans to take on Amazon directly

   

Dominant search engine and tech giant Google (NASDAQ:GOOG) is preparing to launch its own retail service.

The new service — specifically developed to compete with Amazon‘s (NASDAQ:AMZN) Prime service — will be called “Google Shopping Express” and is said to be launching sometime in 2013, reports TechCrunch.

The new service will be cheaper than Amazon Prime and will offer same-day delivery of goods from partner retailers such as Target (NYSE:TGT), Walmart (NYSE:WMT), Walgreen (NYSE:WAG) and Safeway (NYSE:SWY). The target price for an annual membership is rumored to be between $64 and $69.

Google Shopping Express will work in tandem with the company’s other initiatives such as Google Wallet and Google Shopping to provide retail services to the public.

More about retailers:


Article printed from InvestorPlace Media, http://investorplace.com/2013/03/google-moves-forward-with-same-day-delivery-push/.

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