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This is global and strategic: What Amazon's mega investment in Deliveroo means for Uber and everyone else

Credit: Business Insider- Published 4 days ago
· *Here's everything you need to know about why the Amazon-Deliveroo investment is such a big deal.*
· *Uber should be afraid. Shares in other delivery companies like Just Eat are already tanking on the news.*
· *Deliveroo no longer needs IPO money.*
· *Amazon has locked in another piece of the last-mile home delivery...
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Credit: Cheddar Inc.
Published 3 days ago -  01:48
Challenging Food Delivery Services, Amazon Makes Major Investment in Deliveroo
Amazon has invested in a $575 million funding round for the London-based food delivery platform, Deliveroo, entering the e-commerce giant into a crowded market of competitors like Uber Eats, DoorDash, and Seamless.

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