Online retailer Amazon.com is aiming for a delivery time of one hour for goods bought over the net.
The company has teamed up with Kozmo.com, a New York based e-retailer which delivers a range of goods, including books, videos, groceries and magazines, within 60 minutes of receiving an order. All goods are delivered by courier and there is no delivery fee.
Amazon.com has invested $60m in Kozmo.com and plans to use the company's infrastructure to run its own one-hour delivery system.
Kozmo.com also runs its service out of several US states, including Boston, Washington, Seattle, Los Angeles and San Francisco. Amazon.com plans to introduce the delivery service to other US cities through links with other partners.
Amazon.com declined to comment on its plans for Europe, but industry watchers believe that it would be difficult to make a 60-minute European service viable as large localised warehouses together with a large number of administration and delivery staff.
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