Amazon invests major sum in popular delivery service

Amazon has announced a major investment in food courier Deliveroo.

The figure has not been disclosed, however Amazon is said to be the biggest investor in Deliveroo’s latest round of fundraising, which came to £450m. Many existing US investors also contributed to the round.

Deliveroo said it would use the investment to expand internationally, improving its service and to grow its delivery-only kitchens business.

Since being founded in 2013, the amount of capital invested in Deliveroo comes to more than $1.5bn.

Deliveroo founder and chief executive, Will Shu, stated he is excited to work with “such a customer-obsessed organisation”, like Amazon.

In the past, Amazon reportedly had ideas to buy Deliveroo outright, which now operates in over 100 cities and towns countrywide.

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →