The UK-based food courier, which operates around the globe, says the cash injection will enable its business to expand.
Internet retail giant Amazon is to invest hundreds of millions of pounds in the British food delivery app Deliveroo.
As exclusively revealed by Sky News, Amazon has confirmed it is to back the UK-based group as part of a $575m (£450m) funding round, alongside existing investors T Rowe Price, Fidelity Management and Research Company, and Greenoaks.
It takes the total amount of capital invested in Deliveroo to more than $1.5bn in the six years since it was launched.
The cash injection also gives the firm, which has become one of the biggest players in the so-called ‘gig economy’, a major boost in its international battle with Uber Eats.
The arrival of Amazon also alarmed smaller rivals such as Just Eat, which saw its shares fall 10% in earlytrading over fears it would be squeezed in the market.
The company says the latest funding will enable investment in its tech team at its London headquarters, expand further to reach new customers and develop its delivery-only super kitchens, ‘Editions’.
Will Shu, founder and CEO of Deliveroo, said: “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.
