Skip to main content

Featured Post

AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
1 comment
Read more
Labels

Zomato is shutting its grocery delivery in India from September 17

Zomato is shutting its own grocery delivery business for the second time since last year. The online food delivery firm announced on Monday to shut its in-house grocery delivery service from September 17. To recall, Zomato first entered the grocery delivery business during the first phase of the pandemic around April last year.

Stating “gaps in order” as the reason behind shutting the grocery service, Zomato said that there were gaps in order fulfilment and that led to poor customer service. The food delivery platform said that it has been struggling to fulfil the under 15-minute delivery promise due to dynamic store catalogues and frequently change in inventory levels. This, the company believes led to poor customer service.

Zomato shuts grocery delivery service

In an official email on the matter, Zomato noted, “We don’t believe that the current model is the best way to deliver these to our customers and merchant partners. Hence, we intend to stop our pilot grocery delivery service effective 17 September, 2021.”

“Over the last 2 months of operations, we have had a few important realisations. Store catalogues are very dynamic and inventory levels change frequently. This has led to gaps in order fulfilment, leading to poor customer experience,” the company added.

Zomato further said, “In the same period, the express delivery model with under 15-minute delivery promise and near-perfect fulfilment rates, has been getting a lot of traction with customers and expanding rapidly. We have realised that it is extremely difficult to pull off such a model with high fulfilment rates consistently in a marketplace model (like ours).”

The company believes that its investment in the online grocery platform Grofers will be much better for business and generate better returns for shareholders.

The post Zomato is shutting its grocery delivery in India from September 17 appeared first on BGR India.



from BGR India https://ift.tt/3tD4noh
via IFTTT
Email Post
Labels:

Comments

Post a Comment

add