Deliveroo flop leaves UK tech feeling rattled: Market fears thriving sector may have lost its golden touch By Matt Oliver For The Daily Mail Published: 21:53 BST, 1 April 2021 | Updated: 21:54 BST, 1 April 2021 It had been hailed as a ‘golden year for UK tech’, with a string of star companies making … Read more
The launch of Deliveroo onto the stock market was supposed to be a vindication not just for its founder, its financial backers, and even the Chancellor – but for its customers too. Many initial public offerings are closed to small investors. But Deliveroo opened the float to its six-million UK customer base. Some 70,000 of … Read more
The launch of Deliveroo onto the stock market was supposed to be a vindication not just for its founder, its financial backers, and even the Chancellor – but for its customers too. Many initial public offerings are closed to small investors. But Deliveroo opened the float to its six-million UK customer base. Some 70,000 of … Read more
The launch of Deliveroo onto the stock market was supposed to be a vindication not just for its founder, its financial backers, and even the Chancellor – but for its customers too. Many initial public offerings are closed to small investors. But Deliveroo opened the float to its six-million UK customer base. Some 70,000 of … Read more
The lunch of Deliveroo onto the stock market was supposed to be a vindication not just for its founder, its financial backers, and even the Chancellor – but for its customers too. Many initial public offerings are closed to small investors. But Deliveroo opened the float to its six-million UK customer base. Some 70,000 of … Read more
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 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 today made its long-awaited stock market debut valued at £7.6billion – £1billion less than expected – then promptly saw the price plunge a further 31 per cent. Founder Will Shu, 41, who was the company’s first rider and still does regular delivery shifts on his bike, was expected to make £500million from the biggest float … Read more
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 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