Business

India food delivery giant Zomato kicks off $1.3bn IPO

Food delivery giant Zomato on Wednesday launched its much-anticipated IPO to raise 93.75 billion rupees ($1.3 billion), India's biggest this year and the first of a series of public listings by tech unicorns.

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

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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