Latest Deliveroo News and Analysis – Page 8
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News
Media Bites 23 April: Co-op, Nestlé, Deliveroo
The Co-op retail chain has announced a shake-up of its store management structure which is expected to affect 2,000 staff
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News
City News: Deliveroo woes grow as shares fall again
Deliveroo posted record first quarter numbers in its first update as a listed company, but investor concerns remain about a 2021 slowdown
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News
Media Bites 16 April: Deliveroo, Naked Wines, THG
The boss of Deliveroo has conceded that the company will have to work hard to prove itself to the stock market after the slump in its shares
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News
City snapshot: Deliveroo orders soar in first quarter ahead of 2021 slowdown
Newly listed Deliveroo has posted a 130% jump in first quarter turnover, but the delivery giant pointed to dramatic slowdown for the rest of the year. Plus Naked Wines’ sales soar on US growth and THG posts £482m loss despite strong growth.
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News
Media Bites 15 April: Tesco, Asda, Deliveroo, pubs
The first annual results delivered by new CEO Ken Murphy gets blanket coverage in the papers this morning.
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News
Deliveroo riders miss IPO bonus because of ‘technical error’
Riders have shared their frustration at the error, and lack of communication from the company
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News
Sainsbury’s extends Deliveroo and Uber Eats deals
Deliveroo and Uber Eats will both deliver groceries from 100 Sainsbury’s stores each
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Comment and Opinion
Deliveroo share price rise shows investors aren’t bothered about gig economy workers
While CEO Will Shu and early investors have made hundreds of millions (despite the IPO flop), a damning report last month found many workers are paid less than the minimum wage
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News
Deliveroo plays down disharmony as workers protest
Couriers on bicycles and scooters rode from Shoreditch to Finsbury Square, stopping to protest outside Deliveroo HQ in Dowgate Hill
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News
Media Bites 8 April: Deliveroo, Co-op, Heineken
Deliveroo’s shares perked up on their first open day of trading, although the improvement was clouded by a strike by hundreds of its delivery riders.
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News
Media Bites 7 April: Deliveroo, Retail/pub re-openings, UK economic growth
UK Deliveroo riders are expected to strike over pay and conditions as unconditional trading commences in the company’s shares
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News
Deliveroo riders to strike over wages and workers’ rights
Hundreds of riders are expected to take part in the strike and join socially distanced protests
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News
Media Bites 6 April: Iceland, pork, Easter eggs, Deliveroo
The boss of Iceland has called for a digital sales tax to help to support the recovery of the high street and has stepped up the retailer’s defence of its decision to keep hold of business rates relief.
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News
City News: Deliveroo IPO falls flat as share price plunges
Deliveroo may have been London’s largest IPO in almost a decade, but the float also proved to be one of the market’s least well received.
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News
Media Bites 1 April: Deliveroo, Parsley Box, Boots
The papers dive in to the ‘car crash’ London debut of Deliveroo and examine why shares fell by more than a quarter at the food delivery firm.
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News
Media Bites 31 March: Deliveroo, Grocery sales, Tobacco
The flotation of Deliveroo on Wednesday will value the company at £7.6bn after concerns over workers’ rights and volatile stock markets chipped more than £1bn off the top-end valuation
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News
Deliveroo valued at £7.6bn but shares flop in London debut
Shares in Deliveroo crashed as much as 30% this morning as it made its long-awaited debut on the LSE
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News
Media Bites 30 March: Deliveroo, Wetherspoon, High Street
Deliveroo has set the final price for its initial public offering at £3.90 a share, the bottom of its initial range and valuing the food delivery company at £1.3bn less than the top end of its original expectations.
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News
Media Bites 29 March: Deliveroo, Asda, Valeo
Deliveroo is poised to swerve around doubters in the City and roar towards a blowout float this week
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Analysis and Features
Deliveroo: is it really worth £8.8bn?
Can the business – which is still operating at a loss despite a major boost in home deliveries during the pandemic – be worth investing in post-Covid?