Reuters Amazon has led a $575 million financing round into Deliveroo, one of Uber Eats’ archrivals. Shares in Just Eat, another meal-delivery competitor in the UK, dropped 7%. Uber Eats and Just Eat had higher revenues and more restaurant partners than Deliveroo at last count. Watch Uber, Amazon, and Just Eat trade live. Uber’s week […]
Amazon’s Deliveroo investment is a bad sign for Uber — shares of an Uber Eats rival are tanking
Reuters Amazon has led a $575 million financing round into Deliveroo, one of Uber Eats’ archrivals. Uber went public last week and saw its stock plunge 8% on its first day of trading. Uber Eats had much larger revenue than Deliveroo at last count, and nearly three times the number of restaurant partners. The news […]