Deliveroo

DoorDash app-based delivery

DoorDash surges on revenue beat, stand out among pandemic darlings

Shares of DoorDash Inc have surged some 16.5% after the food-delivery company beat estimates for quarterly revenue, a rare bright spot among stay-at-home darlings that have seen th...

Deliveroo

Deliveroo reports 36% rise in gross value of Q4 orders

Food delivery company Deliveroo said the gross transaction value (GTV) of orders on its platform rose 36% year-on-year in the fourth quarter, resulting in it hitting the top of its...

Deliveroo

EU targets Uber, Deliveroo model with gig workers’ rights plan

The European Commission announced draft rules to give many drivers for online firms such as Uber and Deliveroo employee benefits, a move labour unions say is overdue but some compa...

Deliveroo

Uber and Deliveroo could be hit by draft EU rules for gig workers

Uber, Deliveroo and other online platform companies may have to reclassify some of their workers as employees under draft EU rules meant to boost their social rights, according to ...

Deliveroo

Deliveroo encouraged to seek more partners by Hop grocery trial

Deliveroo has seen a “really encouraging” response to its Deliveroo Hop dark-store rapid grocery trial, and said it would explore more partnerships with retailers using...

Platform News: Delivery Services across the world

Takeaway.com posts operating loss of $224 million, sees improvement in second half

App-based delivery giant Just Eat Takeaway.com has reported a better-than-expected operating loss of 190 million euros (approximately $224 million) for the first half of 2021.

Platform News: Delivery Services across the world

DoorDash revenue beats as food delivery demand booms

DoorDash Inc beat quarterly revenue estimates, as the pandemic-era surge in food delivery stayed strong even after easing curbs and growing vaccination rates encouraged people to d...

Platform Industry: Delivery Hero app

Germany’s Delivery Hero takes 5.1% stake in rival Deliveroo

Germany’s Delivery Hero has taken a 5.09% stake in online food delivery rival Deliveroo, driving the British company’s share price to its highest since listing on the s...

Wise IPO

A Wise move? London listing may open FinTech floodgates

Wise’s record breaking direct listing has come as a relief to other tech firms aiming to go public in the coming months, the bankers managing those deals and to post-Brexit L...

Platform News: Delivery Services across the world

Gig-economy riders in Spain must become staff within 90 days under new rule

Food delivery companies based in Spain have three months to employ their couriers as staff under new rules approved on Tuesday by the government, one of the first laws in Europe re...

Deliveroo

Deliveroo hails doubling in orders as seeks IPO redemption

Deliveroo said a more-than doubling in first quarter orders during coronavirus lockdowns was an initial step in proving itself following the debacle of the food delivery company...

Deliveroo

Deliveroo aims for $12 billion market cap in huge London debut

Food delivery company Deliveroo could make Britain’s biggest stock market debut since commodities giant Glencore went public nearly a decade ago, after setting a price range on Mon...

Deliveroo

Deliveroo aims to sell $1.4 billion of new shares in upcoming IPO

UK food delivery company Deliveroo has said that it plans to sell around GBP 1 billion (approximately $1.39 billion) of new shares in its upcoming initial public offering.

Deliveroo

Deliveroo launches London IPO after business surges in 2020

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, alth...

Platform News: Wall Street in New York

Significant tech IPO’s we’re expecting in 2021

Yes, 2020 was a blockbuster year for initial public offerings (IPO) across the global platform economy, with the likes of Snowflake and DoorDash, amongst a myriad of others debutin...

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