Amazon Leads $575 Million Investment Into Food Delivery Startup 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.

That is an EXTREMELY bad idea! ..if Amazon has anything to do with Deliveroo , myself and millions of other people are going to cancel their accounts and Prime memberships. Deliveroo are CRIMINALS ! .people hate them, they treat customers like dirt and their reputation is bad

Sean_ParkerSA interesting

And a disrespecting shameless company which disrespects religious sentiments of Humans and doesn't apologise after doing wrong Man a times

It's a good idea by Amazon.

Cc Eldjai

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