World’s No. 1 online retailing industry giant, Amazon.com Inc., headquartered in Seattle and Washington, was sketching out a plan to vent out an online food delivery business in India as early as by this year, at least two sources familiar on the subject-matter unveiled on Monday, the 29th of July.
While the Seattle-based e-commerce whopper and world’s second-largest internet service provider by revenue, billionaire Jeff Bezos’ Amazon.com Inc., had been rushing on to execute its plan to set out an online food delivery business in India, several analysts alongside media reports were saying that the move would likely to raise competition and derail smaller online food delivery startups in an extremely clogged Indian online food delivery market.
Aside from that, one of the two sources briefed on the issue had been quoted saying in terms of anonymity on Monday (July 29th) that the Seattle-based retailing behemoth had been working should-to-should with its local partner Catamaran, founded by an Indian IT investor Narayana Murthy to speed up progresses of its latest venture.
Besides, the source had also added that Catamaran, an Indian associate of Amazon.com Inc. had begun to hire staffs for the US-based retailing goliath’s recent venture on India’s faster-growing online food delivery market.