Deliveroo faces second day of pain: Delivery firm’s share price tumbles by another two per cent

Deliveroo braced for a second day of pain on the FTSE 100 as the stock remained unstable and fluctuated after an early morning plummet. At 11am the share price on London‘s blue chip index was down 4.84 points (1.68 per cent) to 282.61. The food delivery firm clawed back some value following a steep 12-point … Read more

Bankers Goldman Sachs and JP Morgan under fire as Deliveroo flops

Bankers under fire as Deliveroo flops: Goldman Sachs and JP Morgan ‘mispriced’ shares By Matt Oliver For The Daily Mail Published: 21:55 BST, 31 March 2021 | Updated: 21:55 BST, 31 March 2021 Red-faced bankers are facing questions about Deliveroo’s ‘car crash’ float after shares plunged by nearly a third.  Ahead of the listing, advisers … Read more

Deliveroo launches £7.6bn stock market listing on first day of trading

Deliveroo will today make its long-awaited stock market debut valued at £7.6billion – £1billion less than expected – after major investors were spooked because of concerns about how they treat staff. Founder Will Shu, 41, who was the company’s first rider and still does regular delivery shifts on his bike, is expected to make £500million from the … Read more

Deliveroo launches £7.6bn stock market listing on first day of trading

Deliveroo will today make its long-awaited stock market debut valued at £7.6billion – £1billion less than expected – after major investors were spooked because of concerns about how they treat staff. Founder Will Shu, 41, who was the company’s first rider and still does regular delivery shifts on his bike, is expected to make £500million from the … Read more

Deliveroo to be valued at £7.6bn on its stock market debut

Deliveroo to be valued at £7.6bn on its stock market debut following investor backlash over staff working conditions By Matt Oliver For The Daily Mail Published: 22:17 BST, 30 March 2021 | Updated: 22:17 BST, 30 March 2021 Deliveroo will make its long-awaited stock market debut today, valued at £7.6billion. The final figure, equivalent to … Read more

Deliveroo founder set to make up to £500m from stock market flotation STILL delivers meals himself

Deliveroo’s founder may be about to pocket up to £500million from its £7.6billion stock flotation, but shy and single Will Shu is still expected to be out on his bike delivering food for the company tomorrow. Most entrepreneurs about to take home approaching half a billion pounds would have already have put money down on a mansion … Read more

Deliveroo founder set to make up to £500m from stock market flotation STILL delivers meals himself

Deliveroo’s founder may be about to pocket up to £500million from its £7.6billion stock flotation, but shy and single Will Shu is still expected to be out on his bike delivering food for the company tomorrow. Most entrepreneurs about to take home approaching half a billion pounds would have already have put money down on a mansion … Read more

Deliveroo will lower share price citing ‘volatile market’ after investor concerns over worker rights

Deliveroo has said it will price shares for its highly anticipated stock market listing towards the bottom of its price range due to ‘volatile’ market conditions. It comes after a week in which a raft of leading fund managers said they will reject the listing – which could be the UK’s biggest for a decade … Read more

RUTH SUNDERLAND: Deliveroo serves up trouble

RUTH SUNDERLAND: Why are fund managers singling out Deliveroo while investing in other companies engaging in questionable behaviour? How fascinating that some of the UK’s leading investors have succumbed to a fit of pearl-clutching over Deliveroo’s employment practices  Top fund managers, including Aviva, M&G and Legal & General, are shunning the float  This sudden concern … Read more

Russian-Israeli Tycoon set to pick up £70m from Deliveroo

Russian-Israeli billionaire who faced controversy over his stakes in Twitter and Facebook set to make nearly £70m from the blockbuster float of Deliveroo By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 27 March 2021 | Updated: 22:41 GMT, 27 March 2021 A Russian-Israeli billionaire who faced controversy over his stakes in Twitter and … Read more