AMZN is trading 2.5% up at $239.89 after announcing a major expansion of its India quick-commerce service to over 300 cities.
- The strategic move intensifies competition with Walmart-owned Flipkart and highlights significant new growth optionality in a key international market.
- Shares are also benefiting from a broader rally in U.S. equity indices, providing a supportive backdrop for large-cap technology and e-commerce names.
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