Page 7 - Henry Ellenbogen News Today

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Deliveroo Secures $180M in Recent Funding, Company at $7B Valuation Jan 18 2021 · 09:16 UTC | Updated Jan 18 2021 · 09:33 by Ibukun Ogundare · 3 min read Photo: Depositphotos Deliveroo pulled in profits at the “operating level” over the last six months in 2020. British online food delivery company Deliveroo now has a valuation of over $7 billion after a $180 million funding from investors. According to the announcement, the company said that the recent Series H funding round came fro...

Food delivery service Deliveroo has raised more than $180m (£133m) from its existing backers as it prepares for a potential stock market flotation.

Food delivery startup Deliveroo has secured $180m in new funding, pushing its valuation to over $7bn ahead of its long-awaited float.

UKs food-delivery firm raised $180m from existing investors led by Durable Capital Partners and Fidelity Management & Research Company

Order Reprints Print Article Among other factors, Barron’s Roundtable members say the successful distribution of a Covid-19 vaccine will fuel even further gains for the stock market. STR/AFP/Getty Images Text size With a year unlike any other in the rearview mirror, the members of Barron’s investment Roundtable foresee an economy still in recovery in 2021—though one with plenty of opportunities for investors. Rupal Bhansali, Sonal Desai, Abby Joseph Cohen, M...

Black said each of the 10 largest S&P 500 stocks other than Tesla, Inc. (NASDAQ: TSLA) are also on track for record earnings in 2021. Investors should look for some of 2020s top performers to come back to earth in 2021, he said. “I would avoid what I call stay-at-home stocks.”  Politics In 2021: Abby Joseph Cohen, advisory director and senior investment strategist at Goldman Sachs, said politics will play an important role in the markets in 2021. She called the recent events at the Capito...