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
My MEGAWING Delivery System! Would have a PILOT for these HEAVIER Items!
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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.
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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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Amazon cracks top 5 in Fortune's top 500 largest companies as Walmart keeps top spotWalmart tops Fortune's list of the United States' 500 largest corporations by revenue for the seventh year in a row. They can pay their employees more and they DON'T And this is news? Amazing what paying workers an unrealistic wage and limiting their hours so they can’t get insurance can do for your bottom line
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