Amazon set to be the largest investor in Deliveroo’s latest funding round
Deliveroo recently announced that Amazon is leading a new US$ 575mn funding round alongside existing investors and stakeholders. This takes the total Deliveroo has raised to date to US$ 1.53bn
With this funding, Deliveroo will continue to build its services—bringing customers the food they want whenever and wherever they want it, offering even more work for riders, and helping restaurants to grow their businesses by reaching new customers.
It is expected that the new investment will contribute to growing Deliveroo’s engineering team based in its London headquarters, creating more high-skilled jobs and building on London’s growing reputation as a tech hub. It will also serve to expand Deliveroo’s delivery reach in order to continue offering its services to new customers.
The financing will also enable it offer new innovations in the food sector, for example through delivery-only super kitchens as well open new related business models. Additionally, it will help restaurants expand to new areas at a lower cost and enhance delivery efficiencies thereby bringing more choice and better customer experiences to local vicinities.
“This new investment will help Deliveroo to grow and to offer customers even more choice, tailored to their personal tastes, offer restaurants greater opportunities to grow and expand their businesses, and to create more flexible, well-paid work for riders,” explained Will Shu, Founder and CEO, Deliveroo.
“We commend Deliveroo’s approach and dedication to providing customers with an ever increasing selection of great restaurants along with convenient delivery options,” commented Doug Gurr, Amazon UK Country Manager.
