Deliveroo launches London IPO after business surges in 2020


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 an expected "intention to float" -- which signals.....

This article is no longer available in our repository.

There could be multiple reasons for this.