Delivery firm warned it could go bust without investment given so many restaurants it uses have shut due to coronavirusUK competition authorities have provisionally cleared Amazon’s investment in Deliveroo after the takeaway delivery firm warned it could collapse because of the coronavirus crisis.The takeaway firm told the Competition and Markets Authority it had suffered a “significant decline in revenues” since the government lockdown to limit the spread of the virus closed many of the restaurants it dealt with. Efforts to step up grocery deliveries had not offset the loss of trade from restaurants, it said. Continue reading…
Via: Amazon investment in Deliveroo 'cleared' by UK watchdog
Categories: English News