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

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Amazon is not suddenly interested in pizza delivery after its investment in Deliveroo.

Here's why:For years, founder and CEO Will Shu has considered taking his company public. It was worth $2 billion privately before the Amazon deal. It is probably worth north of $4 billion now.

He will come under pressure to show investors returns, of course — at some point a company can take in so much investment money that it becomes mathematically difficult to return a multiple via the public markets. But now he has options.No IPO is probably good given Uber and Lyft's rocking offerings

 

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My MEGAWING Delivery System! Would have a PILOT for these HEAVIER Items!

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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. Amazon is disrupting Industries left and right. this company is so consumer centric and on the scale now it can disrupt preety much everything they touch.
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