Tag: Deliveroo
Amazon deal with Deliveroo investigated by competition watchdog
Amazon has been asked explain why an attempt to buy a stake in Deliveroo will not reduce competition in the UK. If officials believe prices for customers could rise and competition would be reduced, an in-depth Phase Two inquiry will be launched in December. We’ve launched our investigation into Amazon’s deal with Deliveroo 🚴♀️ 🍕.…
UK tech firms secure record foreign investment
Investment in the UK tech sector has continued to surge, as British firms secured more foreign funding in the first seven months of 2019 than during the whole of 2018, according to new research. Fast-growing UK tech companies secured a “staggering” 6.7 billion US dollars (£5.5 billion) in investment in the period to July, according…
Deliveroo to hand out free air quality masks on Clean Air Day
Food ordering app Deliveroo is to hand out free air quality masks to its delivery riders and the public in a bid to improve cyclist protection against air pollution as the company marks Clean Air Day. More than half of the app’s 25,000 UK riders use bicycles to make deliveries. Deliveroo said it would hand…
Gig economy insurance firm Zego raises £33m for expansion
A tech firm that offers insurance to gig economy workers like Deliveroo riders and Uber drivers has raised 42 million US dollars (£33 million) in funding, the company said. Zego will use the cash to double its workforce from 75 to 150 to take advantage of the growing market, as more workers enter the gig…
Amazon leads £450 million funding round in Deliveroo
Amazon is leading a 575 million US dollars (£450 million) investment round in Deliveroo, in a move that is sure to have repercussions throughout the food delivery sector and send shockwaves running through to its main competitors, including Just Eat. London-based Deliveroo announced that the tech giant would join existing investors T Rowe Price, Fidelity…
Deliveroo riders display missing person posters on backpacks
Deliveroo riders in four cities are to display missing person posters on their backpacks as part of a campaign to find them in time for Christmas. Five hundred of the food delivery app’s riders in London, Manchester, Birmingham and Bristol will display 'Ride to Find' posters on the bags used to carry food as part…
Top 100 Fastest-Growing businesses: TransferWise tops SyndicateRoom’s list
Judged to be the UK's fastest growing business by investors SyndicateRoom, Transfer Wise was behind a recent campaign to reduce hidden foreign exchange fees Payments platform TransferWise has secured top spot in a report from online investment company SyndicateRoom of the fastest growing businesses in the UK. The report, entitled Top 100: Britain’s…