Deliveroo boss Will Shu: ‘I was never into start-ups’
Will Shu’s comments come as the food delivery firm sets out flotation plans but reports another loss. …
The answer, of course, is that stock markets are all about pricing future profits, or at least in Deliveroo’s case, the hope of future profits. The online food delivery service has grown quickly during the pandemic – sales last year were more than £4bn, nearly two-thirds up on 2019 – and it has been able to reduce its annual loss.
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