Apps & Technology

Deliveroo eyes London float, appoints Goldman to oversee plans

Deliveroo has reportedly appointed investment bankers to oversee flotation plans for next year, according to Sky News.

The food delivery app has reportedly started working with Goldman Sachs on its plans for an initial public offering (IPO), with a float expected to take place in London next year.

Insiders told Sky News that when brought to market, Deliveroo is likely to be valued at £2bn.

The company has seen a surge in sales during the pandemic and subsequent lockdown, with Deliveroo revealing plans to hire 15,000 new riders last week to meet demand.

The company refused to comment on Goldman’s appointment and sources close to Deliveroo told Sky there was “no definite timetable” for a public listing.

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