Amazon is leading a $575 million investment into fast-growing food delivery service Deliveroo
. The funding round, set to close in the coming months, will bring total investment in the London-headquartered business up to $1.53 billion.
Founded in 2013 by former Morgan Stanley investment banker Will Shu and software engineer Greg Orlowski, Deliveroo has scaled its business at a rapid pace; the company now operates in 500 towns and cities in 14 countries around the world. It relies on an army of 60,000 riders to transport food from 80,000 restaurants to people's homes and offices.
Deliveroo said it will use the capital to increase the size of its tech team in London , expand its service further around the world, and improve its delivery only"Editions" kitchens."This new investment will help Deliveroo to grow and to offer customers even more choice, tailored to their personal tastes, offer restaurants greater opportunities to grow and expand their businesses, and to create more flexible, well-paid work for riders," said Shu in a statement.
Amazon U.K. country manager Doug Gurr added:"We're impressed with Deliveroo's approach, and their dedication to providing customers with an ever increasing selection of great restaurants along with convenient delivery options.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
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.
Weiterlesen »
Amazon has invested in UK food delivery startup Deliveroo in a massive $575 million fundraiseAmazon has led a $575 million round in Deliveroo.
Weiterlesen »
Amazon's Deliveroo investment is a bad sign for Uber — shares of an Uber Eats rival are tankingAmazon led a $575 million financing round into Deliveroo, Uber Eats' arch rival in the UK.
Weiterlesen »
Amazon squares up to Uber with backing for UK food app DeliverooAmazon has led a funding round in British online food delivery company Deliveroo...
Weiterlesen »
This is global and strategic: What Amazon's mega investment in Deliveroo means for Uber and everyone elseAmazon is not suddenly interested in pizza delivery after its investment in Deliveroo.
Weiterlesen »
Amazon Invests in U.K. Food Delivery Startup DeliverooAmazon is investing in British food delivery company Deliveroo, becoming the startup’s biggest investor in its latest funding round and marking the retailing giant’s latest overseas bet.
Weiterlesen »
Amazon invests in UK restaurant delivery service DeliverooAmazon just made another big move into food, picking up a stake in Deliveroo, one of the United Kingdom's top restaurant delivery services
Weiterlesen »
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...
Weiterlesen »
'Curse of Amazon strikes again': What experts are saying about the tech giant's Deliveroo dealHere's what experts have to say about Amazon's investment in a major competitor to food delivery giants like UberEats and Just Eat.
Weiterlesen »
Amazon Backs Unicorn Deliveroo, World's Best Hotel Rooms, China Boosts bitcoin: Your Daily Dozen Briefing
Weiterlesen »
Amazon holds talks with workers in Poland as strike threatenedAmazon said on Friday it was in talks with employees in Poland after unions thre...
Weiterlesen »