11 days ago | By Business Insider
Summary List Placement Amazon-backed British food delivery firm Deliveroo could be headed for a blockbuster IPO in the spring at a valuation of £10 billion , according to two industry sources.
One of the people said the float could take place in April.
Since Deliveroo is likely to be embarking on discussions with potential investors, which will influence its IPO price, both the target valuation and float date may change.
Listed rival Just Eat has a market cap approaching €15 billion , Delivery Hero's market cap is around €26 billion , while US peer DoorDash closed Wednesday with a market...
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Summary List Placement Sen. Rob Portman announced on Monday that he will not seek reelection in 2022. "I feel fortunate to have been entrusted by the people of Ohio to... Read more ...
Summary List Placement White House press secretary Jen Psaki on Monday said the Treasury Department is moving to put Harriet Tubman on the $20 bill, prioritizing an Obama era... Read more ...
Summary List Placement For the first time since 1983, Budweiser won't be running a commercial during the Super Bowl. Instead of paying money to air a Super Bowl ad during the... Read more ...
Summary List Placement Against all odds, a 79-year-old Senator from Vermont has become a trendsetter in the wake of President Biden's inauguration on January 20: The knit... Read more ...
Summary List Placement Jeremy Grantham said Joe Biden's $1.9 trillion stimulus plan would further inflate the stock-market bubble. The veteran investor and GMO cofounder also... Read more ...
Hong Kong-based Hanson Robotics, makers of the viral sensation humanoid robot Sophia, have announced plans to mass-produce robots by the end of 2021 for use in multiple sectors... Read more ...
The world lost four times more jobs last year than during the 2008-09 financial crisis, as the coronavirus pandemic rattled the global economy, the International Labour... Read more ...
Summary List Placement US pharma giant Merck has scrapped two coronavirus vaccine candidates after they failed to produce an adequate immune response in early trials, the... Read more ...
Summary List Placement The emergence of a vaccine-resistant strain of coronavirus would have the potential to derail the US economic recovery, Goldman Sachs said in a report... Read more ...
Summary List Placement At least 31 police officers in law-enforcement agencies across the US are under investigation over their suspected role in the January 6 Capitol riot... Read more ...