Amazon Drones Could Deliver Packages for Just $1, Study Suggests

April 10, 2015 9:52 PM

54 0

Amazon Drones Could Deliver Packages for Just $1, Study Suggests

Amazon.com Inc.’s proposed use of drones could drive down the cost to deliver small packages crosstown to about $1 -- a fraction of existing same-day delivery options, according to a study by a financial research company.

The report from New York-based ARK Invest also suggests deliveries may arrive in as soon as 30 minutes. The research tried to quantify the savings from the use of drones compared with delivery trucks and couriers.

Also read: Pebble Discontinuing Smartwatches After Its Sale to Fitbit

Read more

To category page

Loading...