Fri. May 24th, 2019

Amazon invests in Deliveroo

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Deliveroo rider

Online giant Amazon has announced a big investment in food courier Deliveroo.

The move comes as part of the delivery firm’s latest efforts to raise funds, which secured $575m (£450m) in total from investors, with Amazon providing a substantial proportion of this.

Deliveroo said it would use the money for international expansion, improving its service and to grow its delivery-only kitchens business.

Several existing US investors also contributed to the fund-raising.

Amazon invests in Deliveroo

Online giant Amazon has announced a big investment in food courier Deliveroo. The move comes as part of the delivery firm’s latest efforts to raise funds, which secured $575m (£450m) in total from investors, with Amazon providing a substantial proportion of this.

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