TUESDAY, 7 JUL 2020

 

CONNECT

Facebook Linked In Twitter
Compliance_29/01-24/09_728x90px
GloriaJeans_266x90px
IMH LTD

Florence Parly: We Don’t Ignore Turkish Violations In The Exclusive Economic Zone Of Cyprus

Charalampos Petrides: Viable Cyprus Solution Remains President’s Non-Negotiable Position

IMH LTD

INTERNATIONAL

brought to you by CIPA

Amazon Invests in Food Courier Service Deliveroo

Amazon Invests in Food Courier Service Deliveroo

The online giant is the lead investor in a $575m financing round, The Guardian reports. Amazon is investing millions in Deliveroo in a boost to the UK food delivery service as it takes on a rival such as Uber Eats in a competitive market.

The online giant is the lead investor in a $575m financing round, which also includes existing investors T Rowe Price, Fidelity Management and Research Company, and Greenoaks. Deliveroo said it had raised a total of $1.5bn since it launched in 2013.

Deliveroo said the new investment would allow it to deliver to more customers by expanding its geographic reach and grow its engineering team based at its London headquarters. Will Shu, the founder and chief executive of Deliveroo, said the investment would result in the creation of more jobs in all of the countries in which it operates.

He added: “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.”

Deliveroo said it will also use the money raised to invest in new formats that will help restaurants expand into new areas at a lower cost and lower risk, bringing more choice to local neighbourhoods.

MORE ON INTERNATIONAL

Google To Delete Its Saved User Records After 18 Months

Google will no longer save a complete record of every search made by new users, the ...

EU Students To Be Charged More By UK Universities From September 2021

Students from the European Union wishing to study in Britain from the 2021 academic year ...

Bayer To Settle Weedkiller Cancer Claims With $10.9bn

Chemical firm Bayer is to pay up to $10.9bn (£8.8bn) to settle cancer claims linked ...

FROM AROUND GOLDNEWS

   

New Espresso Blends At Alphamega Hypermarkets’ Cafeterias

Alphamega Hypermarkets are investing in the coffee culture that has grown significantly in Cyprus over these past few years, making sure to offer high-quality ...
   

EIB And CureVac Sign €75 million Loan Agreement For Covid-19 Vaccine Candidate Development

According to a press release from the EU, the European Investment Bank (EIB) and CureVac, a clinical-stage biopharmaceutical company developing a new class of ...
   

Charalampos Petrides: Α Viable Cyprus Solution Remains President’s Utmost Non-Negotiable Position

According to CNA’s report, a viable solution to the Cyprus problem remains Cyprus President, Nicos Anastasiades’ utmost non-negotiable position, ...
   

Polis Chrysochous: The Most Popular Area For Holidays And Seaside Properties

The beautiful and picturesque seaside town of Polis Chrysochous, situated on the edge of the Akamas peninsula, is the new favourite destination in Cyprus, ...
   

PwC Cyprus Wins Important EU Study

A joint team from PwC Cyprus and PwC Luxembourg has won an important study commissioned by the Directorate–General for Communications Networks, Content ...
   

CySEC Fines CommerzBank AG €650,000 For Market Abuse

The Board of the Cyprus Securities and Exchange Commission (CySEC) stated in a recent announcement that their investigation of the Cyprus Popular Bank ...
   

Cyprus Innovation Awards Competition 2020

The submission of applications for the Cyprus Innovation Awards Competition 2020 has just begun. If your company, organization or service have successfully ...
   

Florence Parly: We Don’t Ignore Turkish Violations In The Exclusive Economic Zone Of Cyprus

Turkish moves in the Eastern Mediterranean raise concerns, said the French Defence Minister Florence Parly on Thursday, and expressed support to the Republic ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

SMEs_29/06-12/07_300x250px
Gold_Digital_Edition_300x250px

IMH LTD