Amazon to stop delivering food in India from November 29: report

Amazon to stop delivering food in India from November 29: report

The e-commerce giant reportedly sent a mail to all its restaurant partners assuring them that it will fulfill financial responsibilities.

FPJ Web DeskUpdated: Friday, November 25, 2022, 09:47 PM IST
article-image

Just two years after launching its bid to rival Zomato and Swiggy, e-commerce giant Amazon has decided to step out of India's food delivery business, and has communicated the decision to restaurant partners. The platform had only managed to extend services to pincodes across Bengaluru, and had plans to expand into other parts of the country as of early 2022. The decision to end its journey in the online food delivery space in the country, also comes amid a massive layoff at Amazon, which has affected 10,000 employees globally.

According to reports, a mail to restaurants said that Amazon will fulfill its contractual and financial responsibilities towards them. At the same time it expects them to service orders from the platform till November 29. After wrapping up food delivery, Amazon plans to invest more in grocery and consumer goods deliveries.

RECENT STORIES

RBI Raises GDP Growth Projection To 7.3% For The Current Fiscal From Earlier Estimate Of 6.8% On...

RBI Raises GDP Growth Projection To 7.3% For The Current Fiscal From  Earlier Estimate Of 6.8% On...

US-Based Data Security Software Company Cohesity To Barge In With $1 Billion Investment In India,...

US-Based Data Security Software Company Cohesity To Barge In With $1 Billion Investment In India,...

NITI Aayog’s Frontier Tech Hub Releases Roadmap On Transforming India Into A Leading...

NITI Aayog’s Frontier Tech Hub Releases Roadmap On Transforming India Into A Leading...

Sensex & Nifty Storm Back After RBI Cuts Interest Rates By 25 Basis Points In A Bid To Bolster...

Sensex & Nifty Storm Back After RBI Cuts Interest Rates By 25 Basis Points In A Bid To Bolster...

RBI Cuts Repo Rate By 25 bps As 2025 Ends, Could Homebuyers See Faster EMI Relief If Banks Pass On...

RBI Cuts Repo Rate By 25 bps As 2025 Ends, Could Homebuyers See Faster EMI Relief If Banks Pass On...