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Deliveroo's orders more than doubled in first quarter LONDON  - Food delivery company Deliveroo said its orders more than doubled in the quarter to end-March in its first trading update since its highly-anticipated listing in London last month flopped. Growth accelerated for the fourth consecutive quarter, the company said, with group orders up 114% year-on-year to 71 million and gross transaction value (GTV) up 130% year-on-year to 1.65 billion pounds ($2.27 billion). Chief Executive Will Shu said demand was strong in both UK and Ire...
Deliveroo's orders more than doubled in first quarter
Deliveroo's orders more than doubled in first quarter
Source: Reuters
15/04/2021 1:53:38 PM
Deliveroo ticks up as retail investors join trading LONDON - Deliveroo shares opened slightly higher on Wednesday, the first day of unrestricted trading when retail investors were allowed to trade the shares bought during the food delivery group's initial public offering (IPO). At 0710 GMT, the stock was trading up 2.5% at 287 pence, about 25% lower than its IPO price, following a hefty first day tumble when it made its stock market debut in London last week. Deliveroo was given an initial 7.6 billion pounds ($10.46 billion) val...
Deliveroo ticks up as retail investors join trading
Deliveroo ticks up as retail investors join trading
Source: Reuters
7/04/2021 2:22:05 PM
Deliveroo dives 30% as debut of the decade turns torrid LONDON  - Shares in Deliveroo plunged by as much as 30% in their trading debut on Wednesday, slicing more than 2 billion pounds off the company's valuation in a blow to the food delivery group and the London market for initial public offerings (IPO). The highly-anticipated listing, the biggest in the London market in a decade, had been hailed by British finance minister Rishi Sunak as a "true British tech success story" that could clear the way for more IPOs by fast-grow...
Deliveroo dives 30% as debut of the decade turns torrid
Deliveroo dives 30% as debut of the decade turns torrid
Source: Reuters
31/03/2021 3:07:42 PM
Deliveroo sees investors demand exceeding the full deal size: Bookrunner LONDON - Food delivery company Deliveroo has seen investor demand for its initial public offering (IPO) exceeding the full deal size, with books covered throughout the price range of between 3.90 and 4.60 pounds per share, according to a bookrunner. Deliveroo is expected to make its stock market debut in London on March 31 in what could be London's biggest listing in a decade. The company - which opted against a premium listing, ruling it out of inclusion in the FTSE indexes - is ta...
Deliveroo sees investors demand exceeding the full deal size: Bookrunner
Deliveroo sees investors demand exceeding the full deal size: Bookrunner
Source: Reuters
29/03/2021 11:56:30 AM
Deliveroo aims for $12 billion market cap in biggest London debut in a decade LONDON  - Food delivery company Deliveroo could make Britain’s biggest stock market debut since commodities giant Glencore went public nearly a decade ago, after setting a price range on Monday that values it at up to $12 billion. The Amazon-backed food delivery firm has been held up by the British government as a sign the City of London can still attract major Initial Public Offerings (IPO) following the United Kingdom's exit from the European Union. It is set to be Lond...
Deliveroo aims for $12 billion market cap in biggest London debut in a decade
Deliveroo aims for $12 billion market cap in biggest London debut in a decade
Source: Reuters
23/03/2021 9:36:00 AM
Deliveroo launches London IPO after business surges in 2020 LONDON - British food delivery firm Deliveroo announced plans to launch its hotly anticipated London listing on Monday after recording a surge in business during the COVID-19 pandemic, although it still posted a loss for 2020. The initial public offering (IPO) is expected to value Deliveroo at more than $7 billion, based on a private funding round it completed in January, and will be one of the largest London listings in several years. The company published a registration document and a...
Deliveroo launches London IPO after business surges in 2020
Deliveroo launches London IPO after business surges in 2020
Source: Reuters
9/03/2021 10:55:24 AM
Deliveroo launches London IPO after business surges in 2020 LONDON - British food delivery firm Deliveroo announced plans to launch its hotly anticipated London listing on Monday after recording a surge in business during the COVID-19 pandemic, although it still posted a loss for 2020. The initial public offering (IPO) is expected to value Deliveroo at more than $7 billion, based on a private funding round it completed in January, and will be one of the largest London listings in several years. The company published a registration document ...
Deliveroo launches London IPO after business surges in 2020
Deliveroo launches London IPO after business surges in 2020
Source: Reuters
8/03/2021 2:33:25 PM