Deliveroo April Fools’ joke backfires in France after thousands of customers sent fake £400 bills

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 sent fake £400 bills

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 flop leaves UK tech feeling rattled

It had been hailed as a ‘golden year for UK tech’, with a string of star companies making their stock market debuts. But after Deliveroo’s disastrous float this week, some wonder if such optimism for 2021 has been misplaced. Ahead of the listing, Deliveroo unveiled a valuation as high as £8.8billion – setting the company … Read more

Deliveroo IPO: Why are 70,000 customers barred from trading for a week?

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

Deliveroo IPO: Why are 7,000 customers barred from trading for a week?

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 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 today made 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 biggest … 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