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What Does Ditching Restaurant Delivery Business Mean for Amazon?

Neha Gupta
What Does Ditching Restaurant Delivery Business Mean for Amazon?

Amazon (AMZN) will end its restaurant delivery service known as Amazon Restaurants on June 24, marking the end of a troubled four-year run for the e-commerce and cloud computing giant. Shutting down Amazon Restaurants will mean Amazon is surrendering the restaurant delivery market in the United States to GrubHub (GRUB), DoorDash, and Uber Technologies (UBER).