BREAKING NEWS

BREAKING NEWS

Uber in talks to buy food-delivery firm Deliveroo - Bloomberg

Uber in talks to buy food-delivery firm Deliveroo - Bloomberg
Uber's logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay -
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HANNAH MCKAY(Reuters)
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(Reuters) - Ride-hailing company Uber Technologies Inc [UBER.UL] is in early talks to buy food-delivery company Deliveroo, Bloomberg reported https://bloom.bg/2PRDzeI on Thursday, citing people familiar with the matter.

London-based Deliveroo was valued at more than $2 billion after raising $98 million from private investors last year.

Both Uber and Deliveroo were not immediately available for comment.

(Reporting by Nivedita Balu in Bengaluru; Editing by Maju Samuel)

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