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.
“People order almost daily from a Zomato or a Swiggy. These apps enjoy immense client stickability. Amazon believes this could be a great add-on to its membership plan,” a source told the news daily.
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… Uber, which had gone public recently, aims to curb losses through the deal. As per an estimate, Ubereats has been losing about $15-20 million a month in India.