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
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
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 30 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