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Walmart (WMT) is taking on Amazon (AMZN) in the ultra-fast delivery market segment in the US.
On Thursday, WMT announced the launch of its 30-minute-or-less delivery service across 33 US markets. Customers can shop from more than 100,000 eligible items, including fresh groceries, pantry staples, baby essentials, cold and flu medicine, household supplies, pet food, electronics and prescription delivery.
The WMT stock ended Thursday’s session up 0.30%. However, in after-hours trading, the stock slipped and was down 0.17% at the time of writing.
Walmart said its 30-minute-or-less delivery service is now available in markets including Austin, Dallas, Denver, Houston, Chicago, St. Louis, Atlanta, Tampa and Oklahoma City, with plans for further expansion. The rollout is supported by the company’s large store network and proximity to customers across the U.S.
In eligible locations, users will see a “Delivery in 30 minutes or less” option tied to their account address.
Walmart’s announcement comes just weeks after Amazon said it is rolling out “ultra-fast” delivery, offering 30-minute-or-less drop-offs for groceries and essentials across several U.S. cities. Amazon’s service, called Amazon Now, is already available in Atlanta, Dallas–Fort Worth, Philadelphia, and Seattle, with expansion underway in cities including Austin, Houston, Phoenix, Denver and others.
Customers can choose from multiple same-day delivery options depending on how quickly they need their order. The 30-minute-or-less option is for immediate needs in select markets. Express delivery takes up to one hour, while On-Demand delivery takes up to three hours. Scheduled delivery allows customers to pick a preferred time slot.
The 30-minute-or-less service is available for Walmart+ members for a $10 fee and includes groceries, pharmacy items and general merchandise, all backed by Walmart’s everyday low prices.
Stocktwits sentiment on WMT was trending in “bullish” territory on Thursday, with message volume being “high.” In the past 30 days, message volume has surged more than 325%.
WMT shares have gained over 22% in the past 12 months.
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