…“The curse of Amazon strikes again,” said Russ Mould, investment director at brokerage firm AJ Bell. “The online giant is now so dominant the mere mention of its entry into a new industry can leave incumbent companies and their shareholders quaking with fear.”
Mould says the technology titan could be looking to compete with food delivery services by buying into an established player like Deliveroo. Amazon had previously tried to enter into the space with its own food delivery service in the U.K. called Amazon Restaurants, which shuttered late last year amid competition from Just Eat and UberEats.