Deliveroo

A legislative movement to give EU gig workers more protection could foreshadow a similar reckoning in the U.S.

U.K. delivery company Deliveroo has set its IPO price range, giving the Amazon-backed company a nearly $12 billion valuation.

Amazon-backed Deliveroo announces plans to go public less than a year after British regulators questioned the viability of the business.

U.K.-based Deliveroo is exiting Germany, citing difficulties in maintaining the level of customer service that it offers across its other markets.

U.K.’s Competition and Markets Authority served an initial enforcement order to both Amazon and Deliveroo over concerns about the transaction that took place during the latter’s fundraising in May this year.

Amazon.com is the lead partner in a $575 million Series G funding round for UK food delivery firm Deliver