Business

Deliveroo skids on stock market debut

Deliveroo skidded on its stock market launch Wednesday, with its share price slumping by almost a third in value after the app-driven meals delivery company faced criticism from institutional investors over its treatment ...

Business

UK food giant Deliveroo set for £7.6bn London IPO

Britain's app-driven food delivery firm Deliveroo is set for London's largest stock market launch in a decade with a valuation of £7.6 billion, despite mounting criticism over its treatment of riders.

Business

Deliveroo eyes £8.8 bn valuation at London float

British meal delivery app Deliveroo is aiming for a higher-than-expected valuation of up to £8.8 billion when it launches shortly on the London stock market, the company said Monday following a pandemic-fuelled boom in demand.

Business

Deliveroo cuts annual loss before London float

Takeaway meals app Deliveroo slashed losses last year on booming demand from locked-down customers during the pandemic, it reported Monday ahead of a London stock market float planned for April.

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