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Deliveroo posted narrowed loss of $309M, with gross transactions surging to $5.7B in 2020, EITF shows The clock has officially started ticking on Deliveroo’s plans to go public in April. After announcing last week that it planned to list on the London Stock Exchange, today the on-demand food delivery company backed by Amazon and others published selected updated financials for the previous fiscal year, along with its Expected Intention to Float (EITF) — a more formal document that marks the two-week period until the company publishes its prospectus and, at the start of April, embarks on ...

Deliveroo transactions surge to £4.1bn ahead of London listing The value of transactions made through Deliveroo almost doubled last year due to a surge in demand for takeaway food during the pandemic, the food delivery firm said this morning ahead of its London listing. The firm’s gross transaction value – the total amount of cash it processes on its platform – grew 64 per cent, from £2.5bn in 2019 to £4.1bn in 2020. An increase in monthly active customers, greater engagement from its existing consumer bases and a higher spend per transaction drove the growth. Delive...