Amazon (AMZN) Announces the Expansion of Amazon Now Across the United Arab Emirates

Core Insights - Amazon.com, Inc. (NASDAQ:AMZN) is recognized as one of Warren Buffett's top stock picks with significant upside potential [1] - The company has expanded its Amazon Now service in the United Arab Emirates, providing rapid delivery of everyday essentials [2][3] Group 1: Service Expansion - Amazon Now is now available in the UAE, offering delivery of everyday essentials within 15 minutes [2] - The service operates micro fulfillment centers across the UAE, delivering items ranging from fresh fruits to electronics [2] - A new 2-hour delivery service option has been introduced, covering thousands of products across more than 20 categories on Amazon.ae [3] Group 2: Financial Performance - As of October 21, the average price target for AMZN is $265, indicating an upside of approximately 19.35% from current levels [3] - Over the past six months, AMZN shares have returned over 32% as of October 21 [3] Group 3: Company Overview - Amazon is a diversified company involved in retail sales, advertising, subscription services, and is a leader in the cloud business through its AWS unit [4]