Amazon chief Bezos offers update on groceries, drone delivery

Amazon chief Bezos offers update on groceries, drone delivery

Chief executive Jeff Bezos’ annual letter to shareholders offers a glimpse into Amazon’s internal workings and what it is aiming for in the future, including more grocery services and the much-discussed drone delivery.

In the letter released on Thursday, Mr Bezos outlined Amazon’s offerings, including its fresh grocery business called Prime Fresh, which it has offered for five years in Seattle and expanded to Los Angeles and San Francisco. For $299 a year, members get same-day and early morning delivery on groceries and other items ranging from toys to electronics and household goods.

He said the goal is to expand to more cities over time.

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