Will Shu news and analysis – Page 5
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News
Deliveroo riders to be trained to spot domestic abuse, drug dealing and human trafficking
The food courier platform will offer riders free Metropolitan Police-verified online courses
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Deliveroo and grocery partners to deliver one million meals to those in need
The initiative will see Deliveroo riders pick up food that would otherwise go to waste from Co-op, Waitrose and Pret a Manger
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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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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
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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Comment & 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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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
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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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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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 & 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?
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Media Bites 26 March: Deliveroo, Business rates, Compass Group
A host of Britain’s biggest fund managers have snubbed Deliveroo’s stock market float amid growing concern over the treatment of its workers
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Media Bites 25 March: John Lewis, Deliveroo, Brexit/meat exports
The papers turn the spotlight on John Lewis’ decision to close down another eight stores.
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Media Bites 23 March: Deliveroo, Mondelez/Grenade, exports, Kraft Heinz
The papers cast a cynical eye over Deliveroo’s £9bn valuation and also take a look at Mondelez’s move into healthier snacking with the Grenade deal.
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City Snapshot: Deliveroo valued at up to £8.8bn in upcoming float
Deliveroo could be worth almost £9bn in its upcoming IPO after the food delivery service set its share price range higher than had been previously expected.
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Media Bites 16 March: Thorntons, Iceland, Danone, Deliveroo
The decision by Thorntons to close all 61 of its physical stores after suffering through the Covid pandemic is covered by the papers this morning.
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News
Deliveroo claims ‘hundreds’ of riders will get £10,000 IPO bonus
More than half of those riders due to receive the highest band bonus for their service are located in the UK
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News
City Snapshot: Deliveroo narrows losses ahead of £7bn IPO
Surging demand for takeaways during 2020 has helped Deliveroo narrow losses as transactions on the food delivery app soared, the group said this morning as it prepares for an upcoming £7bn IPO.
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News
Media Bites 5 March: Deliveroo, Whisky, Amazon Fresh
Deliveroo has pressed the start button on a listing on the London Stock Exchange that is expected to value the loss-making food delivery business at more than $7bn
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Comment & Opinion
Why is Deliveroo urging the return of Eat Out To Help Out?
Deliveroo needs restaurants to survive if it is to survive itself