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Amazon (AMZN) Gains Momentum with Harris Farm Partnership, Challenges Australian Supermarkets

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Amazon partners with Harris Farm to deliver fresh produce in Sydney, projecting moderate sales growth.
  • Citi notes minimal impact on Woolworths and Coles initially, but warns of greater effects if expansion occurs beyond New South Wales.
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AMZN price history

253.54 +10.39% over the displayed period

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