Deliveroo valued at €10 billion despite failure to

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Deliveroo valued at €10 billion despite failure to deliver on profit - Today News Post News Post || Euro News:

The food delivery company Deliveroo is set to give the London stock market its biggest new listing in more than seven years, after it announced it will be seeking a valuation of €10 billion euros when it goes public.

No date has been set for the flotationrenewin, but it’s expected to be in April

The target is above market expectationsCommences once at least 65 per cent of people age 18 and over have their first dose and COVID-19 hospitalizations continue to decline. Physical distancing and masking will still be required in indoor public spaces., even though the company has yet to make a profit. Euronews business analyst Guy Shone says Deliveroo will need to rethink its modelare permitted at larger capacities and with other restrictions., if it’s to convert startup success into long term growth:1618223620929,.

“They’ve got challenges when it comes to the social impact of what they’re doing,” Shone said.

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