Stephan Soroka🇺🇦’s Post

View profile for Stephan Soroka🇺🇦, graphic

🚀 Follow for hottest food & grocery delivery news 🕹️E2E solutions for courier & restaurant onboarding operations

Amazon to shut down food-delivery business in India! Amazon Food, a business the company was trialing in the southern Indian city of Bengaluru, would be discontinued, it said. "As part of our annual operating planning review process, we have made the decision to discontinue Amazon Food," a company spokesperson told Reuters. "We don't take these decisions lightly. We are discontinuing these programs in a phased manner to take care of current customers and partners." The Economic Times earlier reported that the business would be discontinued from Dec. 29 onwards, citing a communication from the company to its restaurant partners. An uncertain macroeconomic environment is making the e-commerce giant review its global workforce, as the company plans to lay off around 10,000 employees in corporate and technology roles, Reuters reported last week. #foodtech #fooddelivery #grocerydelivery #fridaytakeaway

  • No alternative text description for this image
deepak verma

Logistics Optimization Expert | Founder & CEO at Delivr apps

1y

Stephan Soroka🇺🇦 zomato stopped services in uae last month, deliveroo in Australia & now amazon in india- all in a period of 3 months. Just confirms that the model is broken & margins are skewed heavily towards delivery companies, who may be spending too much ops & marketing to justify their existence in respective markets

Marcos Freire Gurgel

Building the largest (and best) entrepreneurship ecosystem in LATAM.

1y

👀

Pooja Biltoria

Founder @Cando- Re-love economy for secondhand shopping

1y
Pedro Elias Reyes Ocopio

𝐒𝐨𝐜𝐢𝐚𝐥 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧| 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠 | 𝐏𝐑 | 𝐒𝐨𝐜𝐢𝐚𝐥 𝐌𝐞𝐝𝐢𝐚

1y
See more comments

To view or add a comment, sign in

Explore topics