Amazon Never Stood a Chance Against Grubhub and Uber
Amazon.com(NASDAQ: AMZN) doesn't fail often, but today is the end of the serving line for its Amazon Restaurants platform. The leading online retailer's half-hearted attempt to compete against Grubhub(NYSE: GRUB), DoorDash, Postmates, Uber Technologies' (NYSE: UBER) Uber Eats, and other hungry upstarts will officially stop taking orders this afternoon. Amazon Restaurants wasn't shaping up to be a major contender in this niche, but that doesn't mean investors in the other restaurant-delivery apps aren't happy to see Amazon stage a retreat. Uber Eats is an important part of the leading ride-sharing provider, but it generates a lot more dough driving people around than it does driving baked dough to rumbling bellies.