Amazon's bid to buy stake in food delivery firm Deliveroo is in doubt
Daily MailAmazon's attempts to buy a stake in food delivery firm Deliveroo were thrown into doubt today amid concerns that it raises 'serious competition concerns'. A cyclist working for food delivery platform Deliveroo is pictured in Cardiff in July last year The move also saw the online giant go up against Uber Eats and Just Eat in the global race to dominate the market for takeaway meal deliveries. After competing a 'Phase 1' probe, the Competition and Markets Authority said it would proceed to a more in-depth investigation if Amazon and Deliveroo failed to offer legally-binding proposals that addressed its concerns. The regulator fears the deal could damage competition in online restaurant food delivery by discouraging Amazon from re-entering the market in Britain.
History of this topic
Deliveroo makes its first ever profit of £1million after losing £82.9million last year - as average spend per customer swells to £25
Daily Mail
Deliveroo achieves first profit in ‘major milestone’ for delivery app
The Independent
Deliveroo sees weaker UK trading as consumer spending remains ‘uncertain’
The IndependentAmazon says its increasing pay for contracted delivery drivers
Associated Press
Amazon results and outlook fall short as warehouse, fuel costs soar
The Hindu
Deliveroo's £8bn float has to make the tricky economics of food delivery add up
The Telegraph
Deliveroo promises some riders $14,000 when it IPOs. Most will get far less
CNN
Amazon took a chunk of Deliveroo. Then things got interesting
Wired
Amazon India raises food delivery stakes with low restaurant commissions
Live Mint
Amazon’s Deliveroo investment just ran into trouble with UK regulators
CNN
Amazon to shut down US restaurant delivery service
Associated Press
Deliveroo rivals shudder as it chows down on Amazon investment
The Independent
Amazon invests in UK restaurant delivery service Deliveroo
CNN
Amazon offers to help employees start delivery business
Associated Press){kind=logo}
Amazon poses challenge for rivals with one-day delivery goal after profits surge; to spend $800 mn in logistics
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