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Deliveroo: Amazon Invests in UK-based Food Delivery Platform

The business expanded to the UK in 2016 but within two years the venture was killed by competition coming from other brands like Uber Eats and Deliveroo

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The Amazon warehouse in San Fernando de Henares is seen during a 3-day walkout to demand better wages and working conditions, on the outskirts of Madrid, Spain. VOA

Expanding its efforts into the online food-delivery market, Amazon led a $575 million investment in London-based food delivery company Deliveroo, which was once of interest to Uber and Uber Eats.

“Amazon is set to be the largest investor in Deliveroo’s Series G funding round and Deliveroo is raising a total of $575 million with participation from Amazon,” the London-based company wrote in a blog-post on Friday. “This takes the total Deliveroo has raised to date to $1.53 billion.”

Deliveroo operates in 14 countries, including the UK, France, Germany, Singapore, Taiwan, Australia and the UAE, working with around 80,000 restaurants, 60,000 delivery persons and 2,500 permanent employees.

With this investment, Amazon intensifies its competition with Uber Eats, given that in 2018 Uber was interested in buying Deliveroo outright, but talks stalled after the two companies failed to agree on a valuation, The Verge reported.

Google , US, Alexa, Amazon, Drones, e-commerce
The logo of Amazon, online retailer is seen at the company logistics center in Lauwin-Planque, France. VOA

“We’re impressed with Deliveroo’s approach, and their dedication to providing customers with an ever increasing selection of great restaurants along with convenient delivery options,” Deliveroo’s blog quoted Doug Gurr, Country Manager, Amazon UK, as saying.

Amazon has been looking into establishing itself in the food business for a while now, however, it remains unclear exactly how Amazon plans to club Deliveroo’s services to align with its own.

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Earlier in 2015, Amazon launched “Amazon Restaurants” — its own takeaway service in the US.

The business expanded to the UK in 2016 but within two years the venture was killed by competition coming from other brands like Uber Eats and Deliveroo. (IANS)

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Amazon, Toshiba Announce First Budget-friendly TV with Dolby Vision

The company has continued to iterate on the Fire TV software to embrace Alexa voice controls as well

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The logo of Amazon, online retailer is seen at the company logistics center in Lauwin-Planque, France. VOA

E-commerce giant Amazon has announced the first budget-friendly Toshiba-branded 4K TV with built-in Fire TV software and Dolby Vision.

Up until now, the Dolby Vision — which is an HDR format that offers a wider colour palette and brighter highlights — has been widely available in premium-priced smart TVs, it is still trickling down to entry-level sets.

The Toshiba set would be available in 55-inch, 43-inch and 50-inch variants for $449.99, $329.99 and $379.99 respectively, The Verge reported on Thursday. The TVs would be available exclusively on Amazon and Best Buy stores.

The news comes as Amazon prepares to open an installation at the Dolby experiential space in New York City’s Soho neighbourhood where it would showcase theatre-like viewing experience with Dolby’s audio and visual technologies on recent Fire TV hardware.

TV
Smart televisions are becoming a popular trend.

Amazon’s Fire TV has over 34 million active monthly users and the company currently includes the Stick.

The Fire TV Stick 4K supports Dolby Vision, while the Cube offers Dolby Atmos audio but not the visual side, the report added.

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The company has continued to iterate on the Fire TV software to embrace Alexa voice controls as well.

The Fire TV Edition with Dolby Vision was a necessary step for Amazon to better square off with the line-up of Roku TVs on the market like TCL, which already offers Dolby Vision output, the report noted. (IANS)