3 Reasons Amazon Is Interested in Uber Eats India
Amazon (NASDAQ: AMZN) is in talks to buy Uber (NYSE: UBER) Eats' Indian business for about $300 million according to Business Standard. The report notes that the talks are still in "initial stages," and that they could lead to a "strategic alliance" instead.
Amazon's interest in a food delivery service in India might surprise investors, since the company recently shuttered its first-party restaurant delivery services in the U.S. and U.K. But if we dig deeper, we'll spot three reasons Amazon might be interested in Uber Eats' Indian unit.
Image source: Uber Eats.
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