AMAZON, KOZMO PARTNER FOR SPEEDY DELIVERY.(Brief Article)

HFN: The Weekly Newspaper for the Home Furnishing Network, March, 2000

NEW YORK-Amazon.com announced that it will offer its customers a one-hour delivery option for books, CDs and toys through a deal inked last week with Kozmo.com.

Amazon has invested $60 million for an undisclosed stake in Kozmo, which delivers videos, food and other convenience items to shoppers.

Amazon, as part of its investment, said it signed a three-year strategic alliance to begin offering the new delivery option.

The online retailer did not specify when the new service would be available. Kozmo currently operates in New York; Boston; Washington, D.C.; San Francisco; Seattle; and Los Angeles. The company expects to operate in a total of 21 cities by the end of the year.

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