Amazon has led a $575 million round in Deliveroo.
Amazon has led a $575 million funding round in British food delivery startup Deliveroo.
The news follows rumours that both Amazon and Uber were considering an acquisition of Deliveroo, a major rival to Uber Eats outside the US. The food delivery startup has raised $1.53 billion to date, making it one of the best-funded startups in Europe.Amazon has taken a stake in British food delivery startup Deliveroo, acting as the main investor in a major $575 million round of financing.
The new funding takes the total raised by Deliveroo to $1.35 billion to date, making it one of the best funded startups in Europe. Deliveroo has not confirmed its current valuation. The firm was last valued at $2 billion in a previous funding round, and Business Insider understands the company has been targeting a new valuation of at least $4 billion.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon leads $575 million investment round for food delivery company DeliverooAmazon is leading a $575 million funding round for Deliveroo, taking the total the food delivery firm has raised to date up to $1.53 billion.
Read more »
Amazon close to buying a stake in UK's Deliveroo: Sky NewsAmazon.com Inc is in talks to invest hundreds of millions of pounds in UK food d...
Read more »
Amazon to provide up to $10,000 for employees to start new delivery businessesAmazon.com Inc. announced Monday the expansion of its Delivery Service Partner program, in which it will now provide up to $10,000 to fund the costs for...
Read more »
Amazon to Help Employees Start Their Own Delivery BusinessAmazon said it would offer employees an array of incentives to help them get their own package-delivery business off the ground, part of a bid to shore up its own delivery network independent of big shipping companies.
Read more »
Amazon offers to help employees start delivery businessNEW YORK (AP) — Amazon, which is racing to deliver packages faster, is turning to its employees with a proposition: Quit your job and we'll help you start a business delivering Amazon packages.
Read more »
Amazon will pay employees $10,000 to quit and start their own package-delivery companiesThe move comes as Amazon is looking for additional package-delivery options.
Read more »
Amazon offers to help employees quit their jobs and start delivery businesses“The wage problem won’t be Amazon’s problem,' said Barb Ivanov, director of a research lab that focuses on logistics and supply chain transportation.
Read more »
Amazon will pay $10,000 and 3 months' salary to help workers start delivery businessesAmazon wants its employees to quit their jobs and create their own delivery businesses, so the company announced it will now give workers up to $10,000 of the start-up money they will need, along with three months of their existing Amazon pay
Read more »
Amazon is paying employees $10,000 and 3 months' salary to quit and start their own businessAmazon is incentivizing its own employees to quit their job and join Amazon's Delivery Service Partner program where they can start their own package delivery business.
Read more »
Uber CEO says he's building the next Amazon, even though growth is slowingLike its rival Lyft, Uber CEO Dara Khosrowshahi said he expects 2019 to be the company's peak year for losses.
Read more »