About: http://data.cimple.eu/news-article/9b177527ccf516d450e635607a8e04844338bfec8ddd151f57c1564b

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About: http://data.cimple.eu/news-article/9b177527ccf516d450e635607a8e04844338bfec8ddd151f57c1564b 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	Takeaway meals app Deliveroo on Thursday said it had chosen London for its stock market listing, which is set to value the group at more than $7.0 billion (5.8 billion euros). Deliveroo, in line with other home-delivery companies, has seen demand soar in the past year owing to lockdowns during the coronavirus pandemic. "London is a great place to live, work, do business and eat. That's why I'm so proud and excited about a potential listing here," Deliveroo chief executive Will Shu said in a statement. Shu launched the company in 2013 with a delivery in London. "After eight years of operations and rapid expansion around the globe, choosing London underlines Deliveroo's commitment to making the United Kingdom its long-term home," the group said. Shu said it wants Deliveroo "to be the definitive food company, bringing consumers the best choice of foods, giving restaurants new opportunities to grow their businesses, and providing riders with great work". Deliveroo in January confirmed it was targeting a stock market listing after a fundraising round valued the company at more than $7.0 billion. Reports say the initial public offering will come later in the spring. British finance minister Rishi Sunak welcomed Thursday's announcement. "The UK is one of the best places in the world to start, grow and list a business -- and we're determined to build on this reputation now we've left the EU," he said in comments included in the Deliveroo statement. "Deliveroo has created thousands of jobs and is a true British tech success story," he added. Deliveroo works with 140,000 restaurants in 800 cities to deliver meals to customers' homes. But its business 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. bcp/bmm
schema:headline	Takeaway app Deliveroo picks London for share listing
schema:mentions	Deliveroo Gig worker Initial public offering Stock market Rishi Sunak Spain London European Union Pandemic France United Kingdom Coronavirus Will Shu Opus Majus Shu Han Take-out
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-04 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	69 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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