A damning report by an influential City firm has warned the value of loss-making Deliveroo could plummet by another £1.8billion, raising fears over how the company has been governed. The stock price has already dived by one third since Deliveroo’s disastrous stock market launch on March 31 – prompting critics to brand the firm ‘Flopperoo’. … Read more
Deliveroo founder defends company’s shambolic float and its business model in face of stinging criticism By Daily Mail City & Finance Reporter Published: 22:17 BST, 15 April 2021 | Updated: 22:17 BST, 15 April 2021 Deliveroo’s founder has defended the company’s shambolic float and its business model in the face of stinging criticism. Will Shu, … Read more
Sainsbury’s expands Deliveroo trial to 100 stores: Supermarket chain says most ordered items on app include bananas, milk and avocados Deliveroo users can get Sainsbury’s shopping dropped off in just 20 minutes Firms said 30% of people in Deliveroo zones can access Sainsbury’s products Most-popular items so far are fair trade bananas, followed by semi-skimmed … Read more
Riding the digital wave: Deliveroo is down but not out and could well prove the naysayers wrong, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 21:51 BST, 7 April 2021 | Updated: 21:51 BST, 7 April 2021 After the bloodbath when Deliveroo floated, the customers who bought into the issue have nothing … Read more
Deliveroo shares stage mini fightback after last week’s float disaster despite UK-wide strikes over pay and conditions By Matt Oliver For The Daily Mail Published: 21:51 BST, 7 April 2021 | Updated: 21:51 BST, 7 April 2021 Deliveroo shares staged a mini fightback as they traded freely for the first time following what has been … Read more
Deliveroo riders have gone on strike today over their rights – as the food transport company’s disastrously performing shares begin unconditional trading. The action by the Independent Workers of Great Britain union could not come as a worse time as stock plummeted after they went on sale last week. Deliveroo’s shares originally estimated the company … Read more
ALEX BRUMMER: Hypocritical big battalion investors dealt UK tech a devastating blow when they boycotted Deliveroo’s float By Alex Brummer for the Daily Mail Published: 21:53 BST, 5 April 2021 | Updated: 21:53 BST, 5 April 2021 The Deliveroo debacle is being held up as a triumph for stakeholder capitalism. The herd-like decision of a … Read more
City grandee Peter Hargreaves hits out at Deliveroo’s sale of shares at its disastrous flotation, saying company took small investors for a ride By Emma Dunkley And Alex Lawson, Financial Mail On Sunday Published: 21:52 BST, 3 April 2021 | Updated: 21:52 BST, 3 April 2021 Critic: City titan Peter Hargreaves Billionaire City grandee Peter … Read more
Deliveroo April Fools’ joke backfires in France after thousands of customers were sent fake £400 bills for pizzas they never ordered Deliveroo France issued fake confirmation emails for orders totalling over €450 Recipients said they had tried to call their banks in a panic to block any payment The food-delivery company has since issued a statement … Read more
Deliveroo April Fools’ joke backfires in France after thousands of customers were sent fake £400 bills for pizzas they never ordered Deliveroo France issued fake confirmation emails for orders totalling over €450 Recipients said they had tried to call their banks in a panic to block any payment The food-delivery company has since issued a statement … Read more