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
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