Amazon is going to shut down the food delivery system in India. The motive behind this step is that the e-commerce company is focusing on other things. The company is planning to put more effort into the main business. In Bengaluru, Hubli, and Mysore, all the distribution work is operated.
Amazon’s education company is also not doing great. Since there are plenty of other ed-tech companies in the market doing great. We all know how big is Amazon platform. After the news of its shutting down, it is very questionable to see such a big platform take down its activity. But there is a core reason behind it.
However, Amazon other than its shopping and retail business also has an Amazon mini tv which is also doing great. Amazon Prime is in good competition with other OTT platforms.
From the news sources, a statement is out. It says that ” This step was taken in light of the economic slowdown, the company will focus more on core business from now on”.
1 comment
It was pretty obvious