Business Today

UBER MAY ACQUIRE DELIVEROO

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US-based ride-sharing firm Uber is reportedly in talks to buy London-based food delivery startup Deliveroo, a key competitor of UberEats. The London firm was last valued at more than $2 billion. The takeover bid also shows that Uber CEO Dara Khosrowsha­hi considers the company’s food delivery business a top priority ahead of a planned IPO late next year.

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