Amazon will see its stake in Deliveroo fall to 11.5% when the British food delivery company goes public via an initial public offering, the IPO prospectus showed.
Read the full article on the Reuters website
NAM Implications:
- The issue of the independent contractor status of riders…
- …will be clarified one way or another.
- And as soon as the legal hurdles are cleared…
- …possibly anticipate a share-move by Amazon?
