Reading Time: < 1 minute

The US tech giant Uber is reportedly in talks to buy the London-based food app Deliveroo. Uber launched its own delivery service, Uber Eats in 2014. According to Bloomberg, the California-based ride-hailing giant is in early discussions to buy the app in a deal that would be worth above its current valuation of $2 billion.

Deliveroo was founded in 2013  and currently operates in around 200 cities across 12 countries, including Australia, Belgium, France, Germany, Hong Kong, Italy, Ireland, Netherlands, Singapore, Spain, United Arab Emirates and the United Kingdom. It’s headquartered in London, with more than 800 employees in offices around the globe as well as over 30,000 riders.

Last year Deliveroo, which is known for its green and white kangaroo logo, raised nearly $500 million from investors.

Leave a Comment