After Deliveroo’s IPO flop, how do you back a stock that will blossom?

The takeaway titan Deliveroo made headlines with its stock market debut last week – although not for the reasons it had hoped. Within hours of joining the market, its share price had fallen 30 per cent. The price may recover, but it remains one of the weakest IPOs (initial public offerings) in FTSE history. Float … Read more

RUTH SUNDERLAND: Oxford Nanopore’s float puts Deliveroo’s in the shade  

Compare and contrast. Two high-profile floats in London: one a takeaway food business, shunned by several big investors because of its reliance on gig economy riders, the other an Oxford University spinout run by super-brains in lab coats. The cultural gulf could not be wider between Deliveroo and Oxford Nanopore, the biotech business that yesterday … Read more

Aviva to snub Deliveroo’s London listing over workers’ rights 

Fund manager Aviva to snub Deliveroo’s London listing due to concerns over workers’ rights By Daily Mail City & Finance Reporter Published: 21:50 GMT, 24 March 2021 | Updated: 21:50 GMT, 24 March 2021 A leading British fund manager has said it will shun Deliveroo’s London listing because of the way the food delivery firm … Read more

Deliveroo’s blockbuster share offering faces a rough ride

Deliveroo’s blockbuster share offering faces a rough ride after institutional investors baulk at £7.5bn valuation By Ben Harrington And Emma Dunkley, Financial Mail On Sunday Published: 21:51 GMT, 20 March 2021 | Updated: 21:51 GMT, 20 March 2021 Deliveroo’s blockbuster share offering faces a rough ride after institutional investors baulked at the firm’s £7.5billion valuation.  … Read more

Sunak throws weight behind Deliveroo’s London listing

Rishi Sunak brands Deliveroo a ‘British tech success’ as the food delivery giant announces it has chosen London for its stock market debut Deliveroo plans to make its stock market debut on the London Stock Exchange  Sunak welcomes decision and calls Deliveroo ‘a true British tech success story’ By Jane Denton For Thisismoney Published: 09:25 … Read more

Deliveroo’s dark kitchens: Investigation reveals meals from famous brands are cooked in CAR PARKS

With a celebrity clientele, glittering reviews and a coveted Michelin star, Mayfair restaurant Hakkasan has long been a sought-after reservation.  But since London’s elite dining scene was laid low by Covid, it has been offering gourmets a taste of the high life at home, including signature Chinese dishes such as Peking duck at £110 and … Read more