Amazon Air✈️, Zomato to rebrand🍔, Apple exports📱
Amazon Air launched in India, Zomato is winding up its 10-min biz, Apple exports iPhones worth $1 billion, Funding Deals and more.
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Amazon Air launched in India, promises faster deliveries✈️
Amazon is starting its cargo service, Amazon Air, in India. This will allow the US ecommerce major to deliver goods more quickly to consumers, especially those in the top metro cities, said Akhil Saxena, vice president, customer fulfilment (APAC, MENA & LATAM) and worldwide customer service, Amazon.
While Amazon will continue to move goods by air using its third-party aircraft firms such as Indigo, Spicejet and Vistara, Amazon Air will be dedicated to markets like Bengaluru, Hyderabad, New Delhi and Mumbai.
For now, Amazon has leased two aircraft in India in partnership with Quikjet. It has 90 aircraft for Amazon Air in the US and around 150 in other countries, including India.
Zomato is winding up its 10-minute food delivery business🍔
Zomato is shutting down its 10-minute food delivery service Zomato Instant less than a year after it was launched as it chases profitability amid tough market conditions.
Zomato said it was not shutting down Instant but rebranding the service. "Instant is not shutting down. We are working on a new menu with our partners and rebranding the business. All finishing stations remain intact, and no people are impacted by this decision," the company said.
“The plan is to now pivot to a new product,” he said, adding that Zomato is experimenting with low-value packed meals – thalis or combo meals. It has not been decided if Zomato will retain the 10-minutes preposition for this but the new offering will be launched in 7-10 days.
Traveltech startup, OnArrival has come out of stealth mode after raising $175,000 in pre-seed funding from Antler India.
Apple exports iPhones worth $1 billion from India in December📱
Apple has become the first company to export smartphones worth $1 billion (Rs 8,100 crore) from India in a month, hitting the milestone in December 2022. December was also a record month for the industry with mobile phone exports of over Rs 10,000 crore, the data showed.
Apple and Samsung have been the leading players in exporting mobile phones from India. As per government officials, Apple overtook Samsung to become the leading mobile phone exporter in November and achieved $1 billion worth of mobile phone exports in December.
Apple is planning to up its iPhone production coming from India to 25% from about 5-7% right now, Union Minister for Industry and Commerce Piyush Goyal said.
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