Takeaway delivery firm Deliveroo has raised new funds its says value the business at more than $7billion (£5.2billion), and confirmed a potential stock market listing could be on the cards.
The statement follows weeks of speculation it could join firms including Moonpig.com and boot maker Dr Martens to hit the public markets.
It is the first time Deliveroo has publicly confirmed it is mulling an IPO this year, but the timing of a final decision is still not clear.
Planning ahead: Deliveroo said it raised £132.5million from existing investors led by Durable Capital Partners and Fidelity Management & Research
There has been talk the value could be as high as £8billion. It could be the City s biggest share float of the year.