May 21, 2020
Amazon trials online food delivery in India
Internet giant Amazon is entering the meal delivery business with a trial in four parts of India's Bengaluru. The move comes as pandemic lockdowns prompt a surge in online ordering in some places, such as the US. However, in India, the two big players in the market have seen significant declines in demand. Amazon has set ambitious plans for expansion in India, where it has invested some $6.5bn. Like rival Walmart, it sees significant growth potential in the fast-growing country. Depending on its success, Amazon hopes to offer the service across the country. Amazon, which has grown from an online bookseller into a global juggernaut with a hand in everything from groceries to cloud computing, will be challenging homegrown players Swiggy and Zomato, which currently dominate the food delivery market.
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