Amazon will discontinue its meal delivery service in India
By the end of the year, Amazon will stop providing food delivery services in India, the retailer announced on Friday, exiting a $20 billion industry it only recently entered.
On December 29 in India, the store will discontinue its Amazon Meal food delivery service. In May 2020, it began offering Food in India in several areas of Bengaluru. Later, the business partnered with more businesses to expand the service around the city, but it never actively marketed the platform.
Customers have long told us that they want to use Amazon to purchase prepared meals in addition to shopping for other necessities. As they stay at home safely, this is especially important in the present.
Sanford C. Bernstein predicts that in three years, the Indian meal delivery sector would be worth $20 billion. Zomato, which is publicly traded, presently has a slim advantage over Swiggy, a competitor sponsored by SoftBank, Prosus Ventures, and Invesco.
We don’t take these decisions lightly, Amazon stated on Friday. To take care of our present partners and clients, we are ending these projects gradually. We are also providing transitional help for our affected staff. Amazon is still committed to giving its expanding customer base the finest possible online shopping experience, including the broadest assortment of goods at the best prices and with the most ease.