About: http://data.cimple.eu/news-article/028d548519703aef73ac5570febd23e3892270840f3eb7f387beabca

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/028d548519703aef73ac5570febd23e3892270840f3eb7f387beabca Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Deliveroo is set for a valuation of up to £8.8 billion when it shortly launches on the London stock market, the takeaway meals app said Monday. The Amazon-backed British company, in line with other home-delivery companies, has seen demand soar in the past year owing to lockdowns during the coronavirus pandemic. The big listing, expected in April, is seen as a major boost to London's financial sector which has been roiled by Brexit. Deliveroo's market capitalisation on listing is set to be between £7.6 billion and £8.8 billion ($10.5 billion-$12.2 billion, 8.9 billion euros-10.3 billion euros), it said in a statement. "We are proud to be listing in London, the city where Deliveroo started," company founder and CEO Will Shu said in a statement. "Becoming a public company will enable us to continue to invest in innovation, developing new tech tools to support restaurants and grocers, providing riders with more work and extending choice for consumers," he added. The offer price range has been set at between £3.90 and £4.60 per share, Deliveroo said. It will sell around £1.0 billion worth of new shares, while current stakeholders plan to divest parts of their stock. Since its London launch in 2013, Deliveroo has expanded into mainland Europe, Asia, Australia and the Middle East. Last year, more than six million people ordered food and drink every month from its app via 115,000 cafes, restaurants and stores. However, its business model has come under scrutiny, including in Britain, France and Spain, as its freelance delivery riders complain of working conditions, reflecting wider concerns over their rights in the gig economy. Britain's antitrust regulator last year approved Amazon's investment in Deliveroo after an in-depth probe concluded it would not harm competition. bcp/bmm
schema:headline	Deliveroo valued at up to £8.8 bn in London float
schema:mentions	Market capitalization Deliveroo Gig worker Initial public offering Asia Prime Video Middle East Spain Brexit London City Australia Chief executive officer European Union Pandemic France United Kingdom Coronavirus Will Shu London stock brick Competition law
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-22 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	56 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software