Google Moves Forward With Same-Day Delivery Push

by Nate Wooley | March 5, 2013 10:21 am

Dominant search engine and tech giant Google (NASDAQ:GOOG[1]) is preparing to launch its own retail service.

The new service — specifically developed to compete with Amazon‘s (NASDAQ:AMZN[2]) Prime service — will be called “Google Shopping Express” and is said to be launching sometime in 2013, reports TechCrunch[3].

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[4]), Walmart (NYSE:WMT[5]), Walgreen (NYSE:WAG[6]) and Safeway (NYSE:SWY[7]). 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:

Endnotes:
  1. GOOG: http://studio-5.financialcontent.com/investplace/quote?Symbol=GOOG
  2. AMZN: http://studio-5.financialcontent.com/investplace/quote?Symbol=AMZN
  3. reports TechCrunch: http://techcrunch.com/2013/03/04/google-is-building-a-same-day-amazon-prime-competitor-google-shopping-express/
  4. TGT: http://studio-5.financialcontent.com/investplace/quote?Symbol=TGT
  5. WMT: http://studio-5.financialcontent.com/investplace/quote?Symbol=WMT
  6. WAG: http://studio-5.financialcontent.com/investplace/quote?Symbol=WAG
  7. WY: http://studio-5.financialcontent.com/investplace/quote?Symbol=WY
  8. Walmart Plans to Take on Amazon Online: http://investorplace.com/2013/03/walmart-plans-to-take-on-amazon-online/
  9. Why E-tailers Aren’t Sweating Internet Sales Tax Legislation: http://investorplace.com/2013/02/why-e-tailers-arent-sweating-internet-sales-tax-legislation/
  10. Amazon to Launch Memorabilia Store: http://investorplace.com/2013/02/amazon-to-launch-memorabilia-store/

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