Amazon’sOpens a New Window. investment in British food delivery firm Deliveroo sets up an overseas clash in the competitive sector, but GrubHub and UberEatsOpens a New Window. are still the industry leaders when it comes to the U.S.
The e-commerce giant led a $575 million investment round in Deliveroo, which said it will use the money to build out its U.K.-based engineering team, expand its delivery network and develop new products for customers. While Deliveroo did not disclose its latest valuation, the firm has now raised $1.53 billion to date.