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Amazon buys stake in UK delivery firm

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Amazon.com Inc. is the leader in a $575 million investment in the United Kingdom's Deliveroo.

The London-based startup, a food delivery company, has raised $1.5 billion to date.

Last year, Amazon shuttered its London-focused food delivery business. Bloomberg reports the U.K. food delivery market is among the most competitive in the world.

Read more from Bloomberg.

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