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Amazon One-Day Shipping Lifts Startups Serving Walmart

  • Flexe and Dolly are lining up backing for national expansions
  • Several of the upstarts are led by former Amazon executives
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April 26: Amazon's One-Day Delivery Plan Is Shot Across Bow of Retailers, Jumpshot CEO Says

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Amazon.com Inc.’s pledge last month to pump $800 million into making next-day delivery the new standard upped the pressure on its brick-and-mortar rivals to spend more trying to catch up all over again.

That’s good news for logistics startups helping Walmart Inc., Best Buy Co., Macy’s Inc. and other retailers compete online. These upstarts, often led by Amazon alumni, say their phones are ringing with new inquiries and that venture capitalists are keen to pony up.