Amazon Can Own Deliveroo Because of Pandemic

After the Competition and Markets Authority’s (CMA) worries last May, the CMA has now announced that Amazon can invest in food distribution company Deliveroo.

Last May

Last May, Amazon was a leading investor in a funding round of $575 million for UK-based food delivery company Deliveroo. At the time (17th May), Deliveroo’s founder and CEO, Will Shu, said of the $575M Series G preferred shares funding from Amazon and existing investors T. Rowe Price, Fidelity Management and Research Compan...