large scale image
LCP Image

Back to TSCFM News

Swiggy Zomato may see disruption by Amazon

February 29, 2020

Swiggy Zomato may see disruption by Amazon

Swiggy and Zomato are going to face problems as Amazon is going to enter the market. Amazon is going to launch its project in Bengaluru. According to ET, Amazon’s food delivery app is under testing which is expected to launch soon.

Company will provide service through Prime now or Amazon fresh platform. A joint venture between Catamaran Ventures and Amazon India, are signing contracts with brands offering commissions, the report stated.

Zomato and Swiggy has raised fund but the valuation remains low.

Important Links:

Recommended for you ...

Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services
Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services

February 12, 2024

Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices
Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices

February 12, 2024

Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices
Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices

February 12, 2024

Enquire Now
REQUEST A CALLBACK
Chat on WhatsApp