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PRESS: Amazon Lining Up Investment In Just Eat Rival Deliveroo - Sky

17th May 2019 07:56

LONDON (Alliance News) - Online retail giant Amazon.com Inc is in talks to invest in food delivery platform Deliveroo, Sky News reported on Friday.

Sky sources said late on Thursday the deal was likely to be announced by Deliveroo "in the coming days", and is part of a GBP450 million fundraising.

Many of the details around Amazon's potential investment were "unclear" on Thursday night, said Sky, including how much of the GBP450 million it would invest directly and whether it would have an option to buyout the company in the future.

https://news.sky.com/story/amazon-to-swallow-slice-of-deliveroo-in-450m-fundraising-11721827


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