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February 28, 2020

Amazon plans to enter Indian food delivery market

US e-commerce major Amazon is planning to enter India’s food delivery market, which is largely dominated by Swiggy and Zomato.

US e-commerce major Amazon is planning to enter India’s food delivery market, which is largely dominated by Swiggy and Zomato.

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Meet emerging digital demand in the foodservice industry

Global digital pressures are making waves across sectors. The foodservice industry is seeing particular impact as consumers change the way they operate. It is therefore essential to know how to navigate the challenges that digital is presenting to the industry and its consumers. GlobalData’s free report explores the market outlook for the global foodservice industry, with insights into how foodservice operators, brands, and their suppliers can meet changing demands. Key features in this report include:
  • An overview of dine-in, takeaway, and delivery forecasts up to 2026
  • Areas foodservice industry players should be focusing on for digital investment
  • Consumer insight into attitudes towards digital convenience
  • Challenges facing foodservice, in terms of investment and logical considerations
  • Key examples of top industry players
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The company plans to launch food delivery services next month.

The move into food delivery business is part of the e-commerce company’s larger plans to develop a comprehensive portfolio, delivering products from all categories, including food, groceries, electronics and home decor.

Currently, Amazon is conducting service trials at selected locations in the city of Bangalore. The pilot is being carried out at HSR, Bellandur, Haralur, Marathahalli and Whitefield localities of the city.

Prione Business Services, a joint venture of Catamaran Ventures and Amazon India, has started signing contracts with brands to enable their listing.

The development comes just a week after Swiggy secured a new investment of $112.25m in a round led by South African company Naspers.

Swiggy delivers approximately 900,000 to one million orders every day and is valued at approximately $3.3bn.

Last month, Zomato signed an agreement to acquire Uber Eats business in India in a deal valued at approximately $350m.

Free Report
img

Meet emerging digital demand in the foodservice industry

Global digital pressures are making waves across sectors. The foodservice industry is seeing particular impact as consumers change the way they operate. It is therefore essential to know how to navigate the challenges that digital is presenting to the industry and its consumers. GlobalData’s free report explores the market outlook for the global foodservice industry, with insights into how foodservice operators, brands, and their suppliers can meet changing demands. Key features in this report include:
  • An overview of dine-in, takeaway, and delivery forecasts up to 2026
  • Areas foodservice industry players should be focusing on for digital investment
  • Consumer insight into attitudes towards digital convenience
  • Challenges facing foodservice, in terms of investment and logical considerations
  • Key examples of top industry players
Adapt and stay on top. Download our free report now.
by GlobalData
Enter your details here to receive your free Report.

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