Seems like big tech isn't too fussed about the art of patience. Both Shopify (SHOP) and Amazon (AMZN) have made moves to help bring you your orders faster.
Shopify is on the verge of acquiring e-commerce startup Deliverr, to help achieve its fulfillment goals. Deliverr helps merchants on Amazon, eBay, and other online marketplaces get their products to consumers in two days or less. Deliverr relies on analysts to predict where people might be interested in buying art supplies, makeup, shampoo, and other goods, then uses the information about people’s wants and needs to ensure those items can be delivered quickly. If the companies move forward, it would mark Shopify’s largest acquisition
Meanwhile, Amazon announced on Thursday that it will let third-party merchants offer Prime membership benefits such as free and fast shipping directly to Prime customers through their own online stores rather than solely through the e-commerce giant's platform. The option, called Buy with Prime, will initially be available by invitation only for merchants already using Fulfillment by Amazon.
Why it matters
This one is super simple... in a world where e-commerce purchasing is on the rise, businesses are looking to gain an edge by getting their orders to customers faster.