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shut the front door?!......'Amazon Restaurants' shutting down....
Posted by: NewtonMP2100
Date: June 12, 2019 07:05AM
......this is Amazon's restaurant food delivery service.....ceasing operation on June 24.......

......shares of other restaurant delivery service like GrubHub, etc. rose with the news.....


Amazon shutters restaurant delivery service

.....Amazon is a behemoth, but it can't disrupt everything. The company is getting out of the restaurant food delivery business.

Amazon Restaurants is shutting down in the United States and will cease operations on June 24, Amazon announced Tuesday. The service launched in 2015 in Seattle before expanding to nearly two dozen cities and delivered food to Prime members.

"Many of the small number of employees affected by this decision have already found new roles at Amazon, and others will be provided personalized support to find a new role within, or outside of, the company," the company said in a statement.

With the closure in the US, Amazon Restaurants is officially dead. It failed to gain traction against its global competitors, including DoorDash, Grubhub (GRUB), Uber (UBER) Eats, Postmates and Just Eat. (JSTTY)

Shares of Grubhub rose 5% in early trading following Amazon's announcement.

Amazon began dialing back Restaurants in November, when it shuttered the service in London -- the only non-US location where it operated. Then, in May, Amazon made an investment in Deliveroo, a London-based delivery service that operates in 14 countries and territories around the world including Australia, France and Germany.

Although Amazon is dismantling this part of the business in the US, the company still delivers food in other ways. Prime members can get groceries delivered from Whole Foods, its supermarket chain it bought for $13.7 billion in 2017.

It also delivers groceries through AmazonFresh, a service that costs an additional $14.99 per month for Prime members.



a win....for the Gipper...................?!



____________________________________________________

I reject your reality and substitute my own!



Edited 2 time(s). Last edit at 06/12/2019 07:07AM by NewtonMP2100.
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Re: shut the front door?!......'Amazon Restaurants' shutting down....
Posted by: space-time
Date: June 12, 2019 07:16AM
I had no idea they were in "restaurant food delivery business."
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Re: shut the front door?!......'Amazon Restaurants' shutting down....
Posted by: Robert M
Date: June 12, 2019 07:51AM
Space,

I said the same thing when I saw that.

Robert
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Re: shut the front door?!......'Amazon Restaurants' shutting down....
Posted by: Carnos Jax
Date: June 12, 2019 08:41AM
My thoughts as well. I can even see the demand for these types of services. But I can’t see how any of them can charge enough money to make a profit. When they perfect all the issues with drone delivery though, this type of service will be huge.
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