Uber plotting to buy Deliveroo for several billion dollars?


Uber is reportedly in early talks to buy British food delivery startup Deliveroo. While the acquisition price is unknown, sources put the value at “several billion dollars”.

According to the Bloomberg report, the talks could also fall apart, in part because Deliveroo and its investors have been reluctant to relinquish independence.

While Uber declined to comment, Deliveroo said that “as a matter of policy we do not comment on rumour or speculation”.

The bid for Deliveroo, last valued at more than $2bn, would mark a major attempt by the Californian ride-hailing giant to dominate the food-delivery business in Europe.