A biker working for the Food delivery service Deliveroo cycles off to deliver an order on July 3, 2018 in Saint-Ouen, outside Paris. Deliveroo, which delivers home-made dishes from neighborhood restaurants, has opened shared kitchens in Saint-Ouen, in the Paris region, enabling restaurateurs to test a new market, a concept that it is declining around the world. / AFP PHOTO / GERARD JULIEN
Uber Technologies Inc is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans.
A bid for London-based Deliveroo, last valued at more than US$2bil (RM8.25bil), would mark a major attempt by Uber to dominate the food-delivery business in Europe. An acquisition price is unknown. Any offer would need to be considerably above its latest valuation, according to people with direct knowledge of Deliveroo plans.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
