The latest financing round includes existing investors T Rowe Price, Fidelity, and Greenoaks, taking the total amount Deliveroo has raised to USD 1.53 billion. The company would use the new funds to invest in its technology team and to build new products.
The fundraising comes after Uber was reported as a potential acquirer of Deliveroo in 2018.
Amazon operates its own food service, called Amazon Restaurants, that offers one-hour restaurant delivery for paying customers of its Prime subscription service in some US cities. The company discontinued the service in the UK.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.