Amazon taps into food delivery services in India

Amazon.com Inc is rolling out services to deliver food in India, pitting it against established players Swiggy and Zomato in a market that has seen explosive growth in the last few years.

Amazon already has a strong presence in India with its e-commerce business and the food delivery services would only add an attractive option for the company that has been investing heavily in the country.

The company’s move comes at a time when both Swiggy and Zomato struggle in the face of the COVID-19 pandemic, which has forced the two startups to cut jobs and keep a tight lid on costs.

Reuters