All Deliveroo articles – Page 7
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NewsDeliveroo must prove itself to the market, says Shu
Deliveroo’s founder and chief executive Will Shu has said his message to shareholders and the wider investor community is “it is on me to prove the long-term value of this company”.
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NewsDeliveroo takes ‘prudent’ approach
Deliveroo has reported first quarter orders were up by 114% year-on-year to 71m.
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NewsDeliveroo’s share bounce back despite strike action
Deliveroo’s share value bounced back four percent this morning after all of its issued shares were admitted for trading on the London Stock Exchange, despite planned strike action by riders today.
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NewsDeliveroo IPO an ‘absolute disaster’
It was billed as the biggest London listing of the last ten years, Chancellor Rishi Sunak hailing the delivery company as a “true British tech success story”.
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NewsDeliveroo IPO off to bumpy start
Deliveroo this morning raised an initial £1.5bn of new money in its initial public offering (IPO).
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NewsDeliveroo to float at lower valuation
Deliveroo is reported to have slashed almost £1bn from the top end of its forthcoming initial public offering (IPO) to £7.6bn-£7.85bn.
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NewsDeliveroo gets thumbs down from more fund managers
Legal & General Investment Management and M&G have joined the list of fund managers who have said they will not be buying shares in Deliveroo when it goes public next week.
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NewsAviva shuns Deliveroo over riders’ rights
One of the UK’s largest fund managers will not buy shares in Deliveroo when it goes public because of concerns over the rights of its delivery riders.
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NewsPizzaExpress and Deliveroo go exclusive
PizzaExpress and Deliveroo have announced a new two-year exclusive delivery deal across the UK and Ireland that will cover 290 restaurants.
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NewsDeliveroo warns of ‘material changes to model’
Deliveroo has warned it may have to rewrite its business if forced to provide its riders with holiday and sick pay.
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NewsDeliveroo IPO could reach £8.8bn valuation
Deliveroo has set the price range per share at between £3.90 and £4.60, in advance of its planned IPO on the London Stock Exchange.
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NewsKFC expands Deliveroo partnership
KFC has expanded its partnership with Deliveroo to a further 200 restaurants across the UK, on top of the 130 launched in 2020.
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NewsDeliveroo to raise a further £1bn
Deliveroo has announced plans to raise about £1bn of new funding to boost growth as part of its proposed initial public offering.
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NewsDelivery and takeaway sales triple over past year
Takeaway and delivery sales have increased by 317% over the past 12 months, according to CGA’s new Hospitality at Home Tracker.
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EventsFood to Go Conference - View Now
MCA’s annual Food to Go Conference streamed online on Tuesday 23rd March 2021, a must-see event for senior operators, suppliers, investors and other sector stakeholders.
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NewsPunch rolls out dark kitchen brand
Punch Pubs is rolling out its virtual burger brand Bull & Bird across its estate, and has a second virtual brand in development.
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NewsDeliveroo confirms float intentions
Deliveroo has confirmed it is “considering an initial public offering” and intends to publish a registration document today (8 March).
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NewsDeliveroo to launch £50m community fund
Deliveroo is offer a £50m funding pot for restaurants, riders and community groups following the launch of its IPO on the London Stock Exchange on Monday (8 March), Sky News has reported.
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Analysis & InsightHargreaves Lansdown on Deliveroo’s IPO
With its unicorn status, Deliveroo’s IPO is likely to be “the biggest coup in terms of size” for the London Stock Exchange so far this year, believes Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown.
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NewsChancellor hails Deliveroo a ‘true British tech success story’ as it confirms London float
Chancellor Rishi Sunak has hailed Deliveroo a “true British tech success story” as the aggregator confirms its intention to list on the London Stock Exchange.