In retail news and employment news, Amazon has launched a delivery service that relies on "Uber"-style drivers to make one-hour deliveries.
Dubbed “Amazon Flex,” it’s available in Seattle now with plans for expansion. The e-commerce giant is attempting to take control of its distribution by offering on-demand, independent couriers $18 to $25 an hour to deliver packages ordered for one-hour Amazon Prime Now delivery.
On Tuesday, shares of Amazon.com Inc. fell $7.99 to $496.07. Its shares are up 54 percent from a year ago.
What are the economics of this new model for Amazon? Is Amazon a natural addition to the “gig economy?” Or could it face similar legal and safety issues that have dogged Uber?
Greg Bensinger, writes about technology for the Wall Street Journal's San Francisco bureau
Sucharita Mulpuru, e-commerce analyst at Forrester Research, a technology research and advisory firm based in Cambridge, MA