SynopsisDelhivery shares dipped as Amazon unveiled its global supply chain services, intensifying competition in India's logistics sector. The e-commerce giant's move, offering freight, distribution, and parcel shipping, directly challenges existing third-party providers. This expansion by a well-funded rival with an extensive network poses a significant threat to Delhivery's B2B and B2C contracts.ETtechSahil Barua, CEO, DelhiveryDelhivery shares were under pressure on Wednesday, falling as much as 3.5% in early trade a day after Amazon launched its supply chain services globally, raising competition concerns in India's logistics arena.On Tuesday, Amazon said it would allow other businesses to store and ship goods ranging from raw materials to final products through its vast network. The ecommerce giant aims to challenge the US market, long dominated by UPS and FedEx.Shares of FedEx and UPS fell more than 9% each during Monday trade, while Amazon rose nearly 1% on the NYSE. Amazon Supply Chain Services opens the ecommerce giant's freight, distribution, fulfillment, and parcel shipping capabilities to businesses of all types and sizes, directly competing with third-party logistics providers.The service is being positioned as the AWS of logistics, with early adopters including Procter & Gamble.The company boasts a fleet of more than 100 cargo planes — behind only FedEx and UPS — along with a vast network of warehouses and sorting hubs.For Delhivery, which competes for B2B and B2C logistics contracts, this means a threat from a well-capitalised rival with an established and wide network.Separately, Delhivery approved the grant of 1,00,360 stock options to eligible employees under ESOP 2012, effective May 1, with an exercise price of Re 1 per share. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now
Delhivery stock falls 3.5% as Amazon launches global supply chain services - The Economic Times
Delhivery shares dipped as Amazon unveiled its global supply chain services, intensifying competition in India's logistics sector. The e-commerce giant's move, offering freight, distribution, and parcel shipping, directly challenges existing third-party providers. This expansion by a well-funded rival with an extensive network poses a significant threat to Delhivery's B2B and B2C contracts.











