UK competition watchdog, the Competition and Markets Authority, is investigating Amazon’s lead investment in Deliveroo’s $575m series G round.
The Competitions and Markets Authority (CMA), the UK’s competition watchdog, on Friday issued an initial enforcement order telling e-commerce and internet group Amazon to halt its investment in UK-based online food ordering service Deliveroo.
Amazon was set to lead a $575m series G round in Deliveroo, announced in May 2019. The round is set to feature investment and financial services group Fidelity Management and Research, asset management firm T. Rowe Price and investment firm Greenoaks Capital.
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Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
