British food delivery company Deliveroo confirms IPO plans, flags US$309 million loss in 2020

Source: South China Morning PostBritish food delivery company Deliveroo announced plans for its London listing on Monday, disclosing it had narrowed its underlying loss in 2020 to 223.7 million pounds (US$308.9 million).Deliveroo’s listing is one of the most eagerly watched-for initial public offerings (IPOs) in the first half of 2021, and is expected to value the company at more than US$7 billion.In a trading update alongside its IPO circular, the company said it had grown the total number of transactions processed on its…Read More

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