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Amazon invests in British restaurant delivery service Deliveroo



Deliveroo announced on Friday that it had raised $ 575 million in an investment round that adds US tech giant to its list of investors.

"Amazon has been an inspiration for me personally and for the company, and we look forward to working with such a customer-occupied organization," said Deliveroo CEO Will Shu in a statement.

London Headquarters provides the platform that operates In 14 countries and territories around the world, including Australia, France and Germany, it has now raised more than $ 1.5 billion since it was founded in 2013.

The financial round also included some of Delivero's former investors who T. Rowe Price ( TROW ) Fidelity and Greenoaks, said it.
Amazon already has a presence in the food delivery room with its website "restaurant" and AmazonFresh grocery store, but the investment in Deliveroo will further expand its global reach.

The US firm has been "impressed with Deliveroo's approach and their commitment to providing customers with an ever-increasing selection of flags. eight restaurants along with handy delivery options, "said Amazon UK Country Manager Doug Gurr in a statement.

Deliveroo, competing with companies like GrubHub ( GRUB ) Door Dash and Uber Eats, said it will use the new investment to expand the engineering team in the headquarters in London, developing new products and expanding the scope of delivery.

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