FIRST AIRED: May 17, 2019

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00:00:00
Amazon is riding into battle against uber eats the online giant is the lead investor in a new fundraising round for deliver route five hundred and seventy five million dollars raised in old for the U. K. based food delivery service it competes directly with %HESITATION bis own takeaway delivery app delivery %HESITATION has sixty thousand droid is delivering meals from eighty thousand restaurants in fourteen countries the latest funding round means it has raised just over one point five billion dollars in total as for Amazon the deal shows it still thinking about how to muscle in old food delivery , VS attempt to run its own service in the U. K. failed now it's able to leverage the expertise of an established player , delivery %HESITATION plans to use the money to expand its reach and develop its technology the firm also intends to open its own kitchens which will be rented to restaurants to meet the moms and backing from Amazon will alone competitors , shares in small rival just eats dropped as much as ten percent Friday following the news