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This is global and strategic: What Amazon's mega investment in Deliveroo means for Uber and everyone else

Business Insider Friday, 17 May 2019 ()
This is global and strategic: What Amazon's mega investment in Deliveroo means for Uber and everyone else· *Here's everything you need to know about why the Amazon-Deliveroo investment is such a big deal.*
· *Uber should be afraid. Shares in other delivery companies like Just Eat are already tanking on the news.*
· *Deliveroo no longer needs IPO money.*
· *Amazon has locked in another piece of the last-mile home delivery...
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Credit: Cheddar Inc. - Published < > Embed
News video: Challenging Food Delivery Services, Amazon Makes Major Investment in Deliveroo

Challenging Food Delivery Services, Amazon Makes Major Investment in Deliveroo 01:48

Amazon has invested in a $575 million funding round for the London-based food delivery platform, Deliveroo, entering the e-commerce giant into a crowded market of competitors like Uber Eats, DoorDash, and Seamless.

Recent related videos from verified sources

Amazon takes on Uber Eats with Deliveroo deal [Video]Amazon takes on Uber Eats with Deliveroo deal

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.

Credit: Rumble     Duration: 01:11Published


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