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Amazon Leads $575 Mln Investment Into Deliveroo

RTTNews Friday, 17 May 2019
Amazon Inc. is leading a new $575 million investment in British food delivery company Deliveroo, intensifying the e-commerce giant's competition with rival Uber and its Uber Eats service. Deliveroo noted that Amazon is set to be the largest investor in the Series G preferred shared funding round. With the latest funding round, Deliveroo has raised $1.53 billion.
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News video: Amazon takes on Uber Eats with Deliveroo deal

Amazon takes on Uber Eats with Deliveroo deal 01:10

Amazon is the leading investor in a new round of funding for UK-based delivery service Deliveroo, setting up a battle with Uber Eats. Julian Satterthwaite reports.

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