Hotness Amazon may buy Uber Eats India business, plans ...

Hot Deal Amazon may buy Uber Eats India business, plans to include food delivery to prime app

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Amazon may buy Uber Eats India business, plans to include food delivery to prime app
Deal Expired

Amazon India is holding talks for a potential buyout of the local unit of food order and delivery platform Uber Eats. Meanwhile, the discussions are reportedly in their early stages where the two sides are possibly looking to explore a strategic alliance.

The e-commerce major is keen on entering the food delivery business in India to include it in its list of services it offers in the country, particularly through its prime membership plan, sources in the know told the Business Standard.

https://www.businesstoday.in/current/corporate/...

32 Comments  |  
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What happened to Amazon shutting down prime now service? rolleyes

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getready wrote:

What happened to Amazon shutting down prime now service? rolleyes

they are not shutting it down …they may buy uber eats and add it to prime

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getready wrote:

What happened to Amazon shutting down prime now service? rolleyes

That was a very stupid piece of news. They have already gained good ground and market share. Big basket is apparently scared of Prime Now.

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They may buy stake as it is a significant cash intensive operation with very long time frame. They have already started investing in food delivery companies worldwide.

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Amazon plans imminent launch of online food delivery service in India in secpetber.

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there http://amazon.jobs/en/teams/amazon-resta...ts they shut down the delivery ops and here they are forcing Swiggy to increase monthly burn rate and customer retention targets!

wonder if Ubereats is even worth buying (for Amazon). They anyway are so late to the party, might as well take a properly run local tie-up or start afresh.

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Its Good If They Capture Uber Eats And Give Tough Competition To Zomato, Not Swiggy Because They Are Their Payment Partners And Also May Expand To More Cities.

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♨️ Amazon plans to launch online food delivery service in India to take on Swiggy and Zomato The company is expected to roll out the service around September this year.

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Amazon’s grocery delivery vertical, Prime Now, will reportedly drive the ecommerce major’s food delivery plans in India. According to a media report which cited sources close to the development, Amazon might partner with Ola’s Foodpanda to foray into food delivery. The partnership might also extend into an acquisition, the report added
Further, Amazon is said to be witnessing a good traction on its recently launched digital wallet Amazon Pay, on which the highest transactions are being made on food delivery platforms such as Swiggy.  The company is now reportedly trying to replicate the same traction frequency on its food delivery business too. 
Earlier last month, Amazon was also reported to be in acquisition talks with the Indian arm of Uber Eats, which is the food delivery vertical of the global cab-hailing major Uber. 
Amazon has reported a 17% growth in net sales reaching $59.7 Bn in the first quarte r of FY19, compared with $51 Bn in first quarter 2018. The company’s operating income increased to $4.4 Bn in theQ1 2019, compared with operating income of $1.9 Bn in Q1 2018.

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https://m.economictimes.com/small-biz/startups/...

Amazon prime now platform to host FOOD DELIVERY

already ground staff are poaching restaurants by way of 50%discount on commission comparison to swiggy/ZOMATO

To be launched in predominantly BENGALURU & other metros by October

Amazon is also roping in cloud kitchens like FreshMenu, Rebel Foods, Foodpanda and Eat.Fit as well as top restaurant chains such as McDonald’s, Domino’s, KFC, and regional chains, he added

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Amazon acquiring Ola’s food panda…

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Thanks for sharing. Can’t a restaurant choose multiple options like both swiggy and zomato?

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https://economictimes.indiatimes.com/small-biz/...

US-based online retailer Amazon is proposing competitive commissions to lure restaurants onto its platform and break away exclusivity from established players Zomato and Swiggy, as it starts onboarding eateries, two people aware of the company’s strategy said.

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Rakeshmg wrote:

Amazon acquiring Ola’s food panda…

they should buy uber eats lol , foodpanda has lost its reputation , by buying them its worse for any restaurant market

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geturchiru wrote:

Thanks for sharing. Can’t a restaurant choose multiple options like both swiggy and zomato?

Yes, but preferred only one due to market dynamics

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Finally my favourite and best customer friendly company on earth to come into food business. Looking forward for this

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It’s not a deal, this should be in discussion section. I urge fellow dimers to give -ve rating to this thread

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xxScriptzXx wrote:

Finally my favourite and best customer friendly company on earth to come into food business. Looking forward for this

How best customer friendly.
I don’t agree they are worst.
I have bought a safe with them. Which was defective, godrej denied the service on ground of authenticity. I complain them within return period, they assured me to wait for 48 hours so that they can contact seller after 48 hours when I contacted them they told me to wait another 24hours and after that when I contacted them they told that 10 days return period is over they can’t help.

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xxScriptzXx wrote:

Finally my favourite and best customer friendly company on earth to come into food business. Looking forward for this

They are customer friendly only for small value orders. When order value is big they are very bad. Not only me one of friend is also facing issue with them.

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@dranupt is this even a deal…u can post in discussion session….

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Was about to post this news today. Be readybfor loads of free food stuck_out_tongue

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arpit2401590 wrote:

Was about to post this news today. Be readybfor loads of free food stuck_out_tongue

Based on current experience about Amazon, if I get wrong/bad food, Amazon CC be like:
“Firstly I would like to start by apologizing . This was never our intention to do like this. You are a valuable customer to us and I do understand your issue , if I were in your position I too would feel the same and you have every right to be like that. But please do understand that we can’t do anything now. But I can promise you that this will not happen from next time and I am forwarding your valuable feedback to our higher team . They will investigate further into this to know more about why this issue occurred and will take all measures to make sure it does not happen again.”

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arpit2401590 wrote:

Was about to post this news today. Be readybfor loads of free food stuck_out_tongue

this what food panda did…loads of free food and then gone….hope amazon will have better management….

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shuvampargal wrote:

this what food panda did…loads of free food and then gone….hope amazon will have better management….

Correction:
Loads of free food and that food being stolen by delivery agents who are agitated by Foodpanda itself as they are not paying them the promised amount etc. . Because if bad issues people stopped using them . Also they dont take any responsibility for your food .
Once I opened customer care chat it showed something like “450 people in queue before you” .

Company gave false promises to delivery agents about salary.
Delivery agents got angry and decided to play with customers.
Customers stopped using Foodpanda die to above reasons.

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jileg wrote:

Correction:
Loads of free food and that food being stolen by delivery agents who are agitated by Foodpanda itself as they are not paying them the promised amount etc. . Because if bad issues people stopped using them . Also they dont take any responsibility for your food .
Once I opened customer care chat it showed something like “450 people in queue before you” .

Company gave false promises to delivery agents about salary.
Delivery agents got angry and decided to play with customers.
Customers stopped using Foodpanda die to above reasons.

ohh luckily never encountered this stolen issue…..and got lots of food at less than 10rs. grinning

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