Amazon.com is planning a foray into the burgeoning online
food delivery business in India this year.
They aim to launch the new service delivering from
restaurants ahead of India's month-long festive season.
India's rising middle class has driven the growth of the
online food delivery sector, with research firm RedSeer Consulting saying order
numbers rose 176 percent in 2018.
Profitability, however, remains elusive. The industry is
dominated by local start-ups Swiggy, backed by Naspers and Tencent, and Zomato,
which counts Sequoia as an investor.
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