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Deliveroo Founder may get $200 mn richer from Uber buyout
short by Pragya Swastik / on Monday, 24 September, 2018
London-based food delivery startup Deliveroo's Founder and CEO Will Shu may get a $200 million payout from Uber Eats' reported buyout of the smaller rival. A few days ago, reports claimed that Uber is looking to buy Deliveroo at a valuation of $4 billion. The deal would help Uber face increased competition from Just Eat, a takeaway ordering app.
read more at The Guardian