Amazon leads $575M investment in British food delivery app Deliveroo - Welcome to: Naija Rebrander Blog Welcome to: Naija Rebrander Blog: Amazon leads $575M investment in British food delivery app Deliveroo
LATEST POSTS

Friday, 17 May 2019

Amazon leads $575M investment in British food delivery app Deliveroo

LONDON, ENGLAND - FEBRUARY 16: A Deliveroo rider cycles through central London on February 16, 2018 in London, England. Millions of part-time and flexible workers in the so-called gig economy are to receive new rights including sick and holiday pay under a new government reform. (Photo by Jack Taylor/Getty Images)
Amazon, the internet retailing behemoth, is in talks to invest hundreds of millions of pounds in the British food delivery app Deliveroo, giving it a huge boost in its international battle with rival Uber Eats. 
Sky News can exclusively reveal that Amazon is close to announcing a deal to back Deliveroo as part of a $575m (£450m) fundraising.
Sources said late on Thursday night that the deal was likely to be unveiled by Deliveroo in the coming days.
If confirmed, Amazon is likely to invest a substantial proportion of the funds being raised by the British-based group, which has become one of the biggest players in the so-called 'gig economy'.
The deal will come just days after Uber Technologies - which has been frequently been tipped to buy Deliveroo - sold shares publicly in New York.
Amazon is the world's largest internet business, with a market value of roughly $920bn.
Its diversification beyond retailing into the provision of a vast range of services has propelled it into the rarefied ranks of companies worth close to - and on brief occasions more than - $1trn. Read further here....


Copy the link below and Share with your Friends:




1 comment:


  1. I was very nervous and had been researching Penis Enlargement surgery for a few months. I decided to get a consultation with Dr. TAKUTA and am so glad I did. His work makes you feel very comfortable and Dr. TAKUTA is there to answer all your questions and give you the confidence an reassurance you need to have faith about having a positive outcome for your procedure. It has been someday since my procedure and so far I am very happy with my results. I definitely recommend Dr. TAKUTA on Email.. takutaspellalter@gmail.com or WhatsApp on +27788634102.
    I will not rest till he's known all over the world. He's also specialize in money spells, lottery spells, sickness spells E.T.C. Get connected with Doctor Takuta now, his email is takutaspellalter@gmail.com or WhatsApp on +27788634102

    ReplyDelete