Category:    

Amazon invests in Deliveroo | CTlive.info - South Africa News

# # #
Deliveroo riderImage copyright Getty Images

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.

Follow Us
Popular Posts
  • Amplats puts 270ha of land in new hands

  • Social media reacts to innocent looking Vusi ‘Khekhe’ Mathibela

  • PICS: Two people dead, two injured in Kempton Park crash

  • NZ mosque attack toll rises to 50, authorities to begin releasing bodies

  • Ex-DA member sticks to his guns over R600m kickback for party

  • How climate change is sinking an Indian island.

  • Convicted racist Vicki Momberg’s appeal postponed to June