HomeBlogDeliveroo IPO: The online food delivery company is going public

Amazon-backed food delivery firm Deliveroo is set to go public on the London Stock Exchange (LSE) under ticker symbol ROO in what has been dubbed the biggest London flotation for almost a decade.

With a potential valuation of £7.6 billion, the company is offering its stock at a price range of between £3.90 and £4.10 per share.

Deliveroo is listing with two classes of shares, which will give Chief Executive Officer Will Shu outsized voting rights for three years.

Here is how you can buy shares

Those interested to buy shares through the CCTrader platform can do so by downloading the app through the App Store or Google Play or by accessing https://live.cctrader.com/.

The stock can be found under the ticker symbol ROO.

Please note that orders can only be placed as Limit Orders until regular trading commences after the opening auction.

We remain at your disposal for further assistance. You may get in touch with us on +356 25 688 688 or via live chat through the CCTrader app.

About Deliveroo

Founded by William Shu in 2013 in London, Deliveroo operates in over two hundred locations across the United Kingdom, the Netherlands, France, Belgium, Ireland, Spain, Italy, Australia, New Zealand, Singapore, Hong Kong, the United Arab Emirates and Kuwait, while its subsidiary operation, Deliveroo Editions, focuses on growing a network of so-called ghost kitchens – kitchens located off-site from restaurants for the preparation of delivery-only meals.

The company has benefited immensely from the closure of restaurants during the COVID-19 pandemic, with revenues soaring accordingly, particularly gross transaction value, which measures the total value of orders received. This rose 64.3% in 2020 to £4.1 billion.

Deliveroo is also expected to be the biggest tech IPO on the LSE, dwarfing The Hut Group (THG), which had a £5.4 billion pound market capitalisation at the time of its listing.


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