The Amazon new Food Delivery Service in India Report
The techcrunch.com says the Amazon eyeing to the Indian Food Delivery Service . The site says The e-commerce giant plans to enter the Indian food delivery market in the coming weeks, a person familiar with the matter told TechCrunch. The launch of the service, which would be offered as part of either Amazon’s Prime Now or Amazon Fresh platform, could happen as soon as next month, we are told.
In the last month Bezos visit in Insia and they says the 1 billion dollar investment in India for help digitise the small and medium enterprise sector in the country.In the last month Zomato a 10 year old start up of food delivery service buys uber eat for around $350 million . Indian food delivering service major providers are Swigy and Zomato. The last month having raised more than $2 billion together, are not still profitable, losing more than $15 million each month to acquire new customers and sustain existing ones.
The e-commerce giant has been in testing its food delivery service with select restaurant partners in Bangalore, the source said, requesting anonymity as details of the new business are still private. August last year, launched Amazon Fresh, offering food and grocery items, that is in direct competition with startups such Grofers and Big Basket. The service by Amazon is powered by its Prime Now service.