Amazon India is in talks with the Uber Eats to buy out their business in India. According to the people close to the matter, the talks are on the initial stage and will be planning for a strategic alliance. The decision of Amazon India to talk with San Fransico based Uber Eats comes after Amazon’s plan to enter the food delivery business.
If the deal gets finalized, the e-commerce platform will look for integrating the food delivery with the prime membership plans. Amazon believes that adding food-delivery to its diverse segment that includes grocery, fashion, and electronics will clutch and increase the transactions.
Earlier, Swiggy, India based food delivery based app was in talks to buy out Uber Eats India business were talks were detained due to the valuation and other concerns. Looking over the India market, Zomato is also trying to boost its growth by relying on its Zomato Gold program while Swiggy is propelling its growth to another by introducing Swiggy stores.
Last week, Amazon Inc. reported its second-quarter results of 2019. Talking about its growth over the years, it lost its streak of increasing its profitability over the quarters. The lost streak was the company’s focus on investing more on one-day delivery that will ultimately spark up the growth.0.
Looking forward to the sales estimates, last year Swiggy delivered around 0.8 Million orders every day while Zomato settled for second place with 0.65 Million/day and Uber Eats was successful to only 0.15-0.2 Million orders every day.
Recently, Starbucks U.S. announced to expand its partnership with Uber Eats to deliver its coffees all around the cities. The execution of the plan to do so is aimed by early 2020. While Starbucks began its partnership with Uber Eats in the year 2018 and already delivers the soothing coffee to around 11 cities that include: Boston, Chicago, Dallas, Houston, Los Angeles, Miami, New York City, Orange County, San Francisco, Seattle and Washington, DC.
“We are driven to create new and unique digital experiences that are meaningful, valuable and convenient for our customers,” said Roz Brewer, group president, and chief operating officer for Starbucks. “Partnering with Uber Eats helps us take another step towards bringing Starbucks to customers wherever they are.”