Live Updates: COVID-19 Cases
  • World 12,946,687
    World
    Confirmed: 12,946,687
    Active: 4,833,402
    Recovered: 7,543,917
    Death: 569,368
  • USA 3,387,307
    USA
    Confirmed: 3,387,307
    Active: 1,744,015
    Recovered: 1,505,671
    Death: 137,621
  • Brazil 1,846,249
    Brazil
    Confirmed: 1,846,249
    Active: 561,153
    Recovered: 1,213,512
    Death: 71,584
  • India 878,513
    India
    Confirmed: 878,513
    Active: 301,491
    Recovered: 553,843
    Death: 23,179
  • Russia 727,162
    Russia
    Confirmed: 727,162
    Active: 214,766
    Recovered: 501,061
    Death: 11,335
  • Peru 322,710
    Peru
    Confirmed: 322,710
    Active: 96,876
    Recovered: 214,152
    Death: 11,682
  • Chile 312,029
    Chile
    Confirmed: 312,029
    Active: 24,034
    Recovered: 281,114
    Death: 6,881
  • Spain 300,988
    Spain
    Confirmed: 300,988
    Active: 272,585
    Recovered: ?
    Death: 28,403
  • Mexico 295,268
    Mexico
    Confirmed: 295,268
    Active: 79,686
    Recovered: 180,852
    Death: 34,730
  • UK 289,603
    UK
    Confirmed: 289,603
    Active: 244,784
    Recovered: ?
    Death: 44,819
  • South Africa 264,184
    South Africa
    Confirmed: 264,184
    Active: 132,498
    Recovered: 127,715
    Death: 3,971
  • Iran 257,303
    Iran
    Confirmed: 257,303
    Active: 24,481
    Recovered: 219,993
    Death: 12,829
  • Pakistan 248,872
    Pakistan
    Confirmed: 248,872
    Active: 86,975
    Recovered: 156,700
    Death: 5,197
  • Italy 243,061
    Italy
    Confirmed: 243,061
    Active: 13,179
    Recovered: 194,928
    Death: 34,954
  • Saudi Arabia 232,259
    Saudi Arabia
    Confirmed: 232,259
    Active: 62,898
    Recovered: 167,138
    Death: 2,223
  • Turkey 212,993
    Turkey
    Confirmed: 212,993
    Active: 13,115
    Recovered: 194,515
    Death: 5,363
  • Germany 199,914
    Germany
    Confirmed: 199,914
    Active: 6,280
    Recovered: 184,500
    Death: 9,134
  • Bangladesh 183,795
    Bangladesh
    Confirmed: 183,795
    Active: 87,829
    Recovered: 93,614
    Death: 2,352
  • France 170,752
    France
    Confirmed: 170,752
    Active: 62,360
    Recovered: 78,388
    Death: 30,004
  • Canada 107,589
    Canada
    Confirmed: 107,589
    Active: 27,339
    Recovered: 71,467
    Death: 8,783
  • China 83,594
    China
    Confirmed: 83,594
    Active: 326
    Recovered: 78,634
    Death: 4,634
  • Netherlands 51,022
    Netherlands
    Confirmed: 51,022
    Active: 44,885
    Recovered: ?
    Death: 6,137
  • S. Korea 13,417
    S. Korea
    Confirmed: 13,417
    Active: 950
    Recovered: 12,178
    Death: 289
  • Australia 9,796
    Australia
    Confirmed: 9,796
    Active: 1,961
    Recovered: 7,727
    Death: 108
  • New Zealand 1,544
    New Zealand
    Confirmed: 1,544
    Active: 25
    Recovered: 1,497
    Death: 22

Amazon boosts Deliveroo by raising funds around $575m – taking rivals like Uber Eats

Author at TechGenyz Investing
Deliveroo Food Courier

Amazon leads a $575 million funding round in the UK-based food delivery company Deliveroo, continuing its efforts to diversify into the takeaway market as it takes on a rival such as Uber Eats in a competitive market. While neither company has revealed how much Amazon is giving its former rival, being the biggest investor in the round, most likely means the tech giant is infusing the service with hundreds of millions of dollars in fresh funds.

Deliveroo said the new investment would allow it to deliver to more customers by expanding its geographic reach and grow its engineering team based at its London headquarters. Will Shu, the founder, and chief executive of Deliveroo, said the investment would result in the creation of more jobs in all of the countries in which it operates.

This new investment will help Deliveroo to grow and to offer customers even more choice, tailored to their tastes, offer restaurants greater opportunities to grow and expand their businesses, and to create more flexible, well-paid work for riders - Will Shu, the founder, and chief executive of Deliveroo

Deliveroo will use the money it raises from the funding round to expand to new areas and gain new customers. It also intends to introduce new products for a more personalized experience and to help partner restaurants reach a new audience.

This isn’t Amazon’s first foray into the food delivery market. It launched its takeaway service; Amazon Restaurants, in the US back in 2015, and expanded it to the UK the following year.

We Are Hiring

Subscribe