The company published a registration document and an expected “intention to float” – which signals the start of the listing process – on Monday, capping what has been a busy start to the London IPO season.
British food delivery firm Deliveroo announced plans to launch its hotly anticipated London listing on Monday after recording a surge in business during the Covid-19 pandemic, although it still posted a loss for 2020.
The initial public offering (IPO) is expected to value Deliveroo at more than US$7 billion ($9.39 billion), based on a private funding round it completed in January, and will be one of the largest London listings in several years.
