Amazon's Deliveroo investment is a bad sign for Uber — shares of an Uber Eats rival are tanking

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Amazon led a $575 million financing round into Deliveroo, Uber Eats' arch rival in the UK.

ride-hailing giant went public and saw its stock plunge 8% on its first day of trading

The news sent shares down 7% in Just Eat, wiping more than £360 million off the market cap of the third major food-delivery company in the UK., potentially making the e-commerce giant one of the meal courier's largest investors. Deliveroo, which works with more than 80,000 restaurants and takeaways and 60,000 delivery riders, has raised just over $1.5 billion to date.

Amazon joined existing Deliveroo investors T Rowe Price, Fidelity, and Greenoaks Capital in the Series G funding round. Deliveroo plans to use the additional funds to hire more engineers at its London headquarters, expand into new areas to reach new customers, and ramp up"Editions" — its delivery-only super kitchens.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

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.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 729. in TH

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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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