Deals
Amazon Buys Stake in Deliveroo, Pitting It Against Uber
- Shares in European takeaway companies fall, Just Eat down 11%
- U.K.-based Deliveroo has raised $1.53 billion to date
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Amazon.com Inc. is leading a $575 million investment in Deliveroo, buying a slice of the fast-growing startup and pitting it directly against Uber Technologies Inc. in a fiercely competitive European food delivery industry.