Uber bid to buy Deliveroo could give founder £150m payout

Reports say Uber Eats is in talks to gobble up London-based rival food app for £1.5bnThe Deliveroo founder Will Shu could be set for a payout of nearly £150m ($200m), with reports that Uber has been in talks to buy the London-based food delivery service for at least £1.5bn.Uber has said it wants to build scale in the takeaway delivery market as its Uber Eats service battles heavy competition in the US from Grubhub. Continue reading...