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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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Amazon Sets the Table for Its Own Meal Kit Delivery Service

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Leena Rao
Leena Rao
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By
Leena Rao
Leena Rao
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May 9, 2016, 6:50 PM ET
Inside A Whole Foods Market Inc. Store As Profit Tops Estimates
Photograph by Ty Wright — Bloomberg via Getty Images
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Amazon may be the latest tech company to try to cash in on the meal kit frenzy. According to Business Insider, the e-commerce giant is partnering with Tyson Foods to create a meal kit service through Amazon Fresh, its grocery delivery arm.

Meal kits are the latest craze for technology and media companies. Blue Apron, Plated, Chef’d, Home Chef, Munchery, HelloFresh, and many others all offer the ability to order recipes and ingredients to your door weekly. Even The New York Times, in partnership with Chef’d, is launching its own branded meal kit service.

The apparent leader in the space, Blue Apron, now ships eight million meals a month through its subscription service.

For more on Amazon watch this video

According to Tyson Foods (TSN) CEO Donald Smith, Amazon’s (AMZN) meal kits will be called Tyson Taste Makers, and will be using Amazon Fresh to source ingredients and deliver these to consumers’ doorsteps.

It would make sense for Amazon to start a meal delivery service, especially since it would be a natural extension of Amazon Fresh. Amazon’s grocery delivery service costs $299 per year, and delivers thousands of grocery products from fruits and vegetables to food from local merchants within a day or less to customers in metropolitan areas within northern and southern Calif., as well as New York City and Seattle.

Amazon is also building a vast shipping network, which would allow it to to get perishable meal kits to consumer’s doors quickly and efficiently.

Fortune reached out to Amazon for comment and will update this story accordingly.

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