Here's what experts have to say about Amazon's investment in a major competitor to food delivery giants like UberEats and Just Eat.
"Given its financial firepower it is little wonder that Amazon effectively parking its tanks on Just Eat's lawn is spooking investors," Mould said.
"This is a clear shot across the bow at Uber," said Dan Ives, managing director of equity research at Wedbush Securities as CEOand his company "realize they need to aggressively play defensive and offensive on the food delivery front." And though it's a large amount of funding, the investment is unlikely to be a concern for Amazon's financials, said Laith Khalaf, a senior analyst at U.K. financial services firm Hargreaves Lansdown.
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