Amazon is buying at stake of London-based food delivery Deliveroo. It looks set to prolong the conflict with deep-pocketed rival Uber Eats. Investors will remain empty bellies. Karenkkwok and liamwardproud write in Breakingviews. Read their view: $AMZN
An UberEATS food delivery bike is seen parked next to a Deliveroo scooter in London, Britain September 7, 2016. Picture taken September 7, 2016. REUTERS/Neil Hall
London-based Deliveroo, whose panting cyclists have become a fixture in the British capital’s affluent neighbourhoods, on Friday announced it had raised $575 million from investors led by the $940 billion web giant. American Will Shu, who founded the company after finding a dearth of quality delivery options while working as a banker in Canary Wharf, has so far raised $1.5 billion.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Amazon-Uber food fight means empty bellies for allThe web giant is backing a $575 mln investment in Deliveroo, which ferries meals to time-poor urbanites. It means the UK-based group can continue its assault on rival Uber Eats in Europe. Thin margins and deep-pocketed investors are the perfect ingredients for perpetual losses.
Leer más »
Amazon squares up to Uber with backing for UK food app DeliverooAmazon has led a funding round in British online food delivery company Deliveroo...
Leer más »
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.
Leer más »
Uber CEO’s rallying cry as stock keeps sliding: Remember Facebook and AmazonAs Uber Technologies Inc. shares slid for a second consecutive day after the ride-hailing company’s massive initial public offering, Chief Executive Dara...
Leer más »
Amazon's massive bet on Deliveroo is much bigger than Friday night takeout. It's about the death of the kitchen.Amazon has become a major shareholder in a major UK rival to Uber Eats, called Deliveroo, leading a $575 million investment in the company.
Leer más »
'Our stock did not trade as well as we had hoped': Read the reassuring email Uber's CEO sent employees following its disastrous IPOCEO Dara Khosrowshahi sent a letter to employees after Uber's messy IPO last Friday, comparing the road ahead to what Amazon and Uber faced post-IPO.
Leer más »
42 Products With Before And After Photos That'll Make Your Head SpinTransform your life one smart Amazon purchase at a time.
Leer más »
19 Of The Best Bathrobes You Can Get On AmazonThey see me robin'; they hatin'.
Leer más »
16 Shows On Amazon Prime That People Can't Stop Talking About16 Underrated Shows On Amazon Prime That Deserve A Good Binge
Leer más »
Here's why Amazon bought PillPack to crack the $500 billion prescription marketAlmost a year after buying PillPack for $750 million, Amazon is counting on its CEO, TJ Parker, to drive an aggressive pharmacy strategy.
Leer más »
Amazon mistakenly told some sellers that it's now blocking ads with 'religious content'The incident is the latest example of Amazon marketplace sellers getting caught in the crossfire as the company has struggled to manage the sprawling growth of the third-party marketplace, which now accounts for more than half of the company's e-commerce volume.
Leer más »