Deliveroo targets valuation of up to £8.8bn in share listing

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The company plans to issue shares on the London Stock Exchange with customers invited to invest. …

Deliveroo said there were “enormous” market opportunities for expansion. “The way we think about it is simple: there are 21 meal occasions in a week – breakfast, lunch, and dinner – seven days a week. Right now, less than one of those 21 transactions takes place online. We are working to change that.”

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