SAWT BEIRUT INTERNATIONAL

| 26 April 2024, Friday |

Amazon to shut down food-delivery business in India

Amazon Inc will shut down a food-delivery business it was testing in India, the e-commerce giant said on Friday, a day after it announced the winding down of its online learning platform for high-school students in the country.

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.

According to an earlier story in The Economic Times, the company informed its restaurant partners that the business would end as of December 29.

Amazon announced on Thursday that it was closing the Amazon Academy platform in India, which it had introduced at the beginning of last year amid a surge in online education brought on by the COVID-19 pandemic.

According to Reuters, the e-commerce behemoth wants to fire about 10,000 employees in business and technological areas as a result of the macroeconomic situation being unclear.

    Source:
  • Reuters