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		</div><p>Amazon is leading a $575m investment round in Deliveroo, in a move that is set to have repercussions throughout the food delivery sector.</p>
<p>London-based Deliveroo announced that the tech giant would join existing investors T Rowe Price, Fidelity and Greenoaks in the round, which takes the total raised by the company to date to $1.53bn.</p>
<p>Will Shu, Deliveroo’s founder and chief executive, said: <em>“Amazon has been an inspiration to me personally and to the company, and we look forward to working with such a customer-obsessed organisation.</em></p>
<p><em>“This is great news for the tech and restaurant sectors, and it will help to create jobs in all of the countries in which we operate.”</em></p>
<p>The money will also be put towards experimenting with new concepts such as delivery-only kitchens, in a bid to expand the reach of the company’s restaurant partners.</p>
<p>New products are also in the works which Deliveroo has said will give customers a more personalised experience, increase support for restaurants and offer flexible well-paid work to delivery drivers.</p>
<p>Commenting on the investment, Amazon’s UK country manager Doug Gurr said: <em>“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.</em></p>
<p><em>“Will and his team have built an innovative technology and service, and we’re excited to see what they do next.”</em></p>
<p>The investment will raise fresh speculation that Deliveroo is eyeing a public offering or sale to a larger company.</p>
<p>Reports last year suggested that the firm was in talks with ride-hailing company Uber over a possible tie-up. However discussions are thought to have stalled over differences in valuation.</p>
<p>It is also set to ramp up competition between Deliveroo and the UK’s market leader Just Eat.</p>
<p>Last year Just Eat’s share price plunged after Deliveroo unveiled a new feature putting it in direct competition with the operator, allowing restaurants on its platform to fulfil orders using their own drivers.</p>
<p>Following the news of Amazon’s investment in Deliveroo on Friday, Just Eat shares dropped 8.5% in early trading.</p>
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