Tag Archive Food&drink industry

ByCab4Now.com

Uber must soon face up to task of picking up some serious money

Uber was smart to get itself listed on the New York stock exchange before the WeWork fiasco. There’s now a much-needed mood of scepticism on Wall Street towards cash-burning companies whose horizon for profitability stretches into the middle distance. Uber might find it harder today to raise $8bn (£6.2bn) at a whizzy valuation. Read More

ByCab4Now.com

Amazon invests in food courier service Deliveroo

Amazon is investing millions in Deliveroo in a boost to the UK food delivery service as it takes on rivals such as Uber Eats and Just Eat in a competitive market.

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