Deliveroo is ready to go public in London for a record $ 10 billion. This was revealed by the Financial Times which cites informed sources close to the dossier that will lead to the IPO of the food delivery giant.
After the last round of investment on January 18, Deliveroo had reached a ‘post-money’ valuation of around 7 billion. With the Ipo, the company will be one of the most capitalized tech companies in the FTSE 100, even if, the sources cited by the London financial newspaper specify, the volatility of the market these days could cause the price per share to be revised downwards.
The listing process is expected to begin in the coming weeks.