The DoorDash of the U.K., Deliveroo, Files for Its IPO

Rhian Hunt, The Motley Fool
·2-min read
The DoorDash of the U.K., Deliveroo, Files for Its IPO

As food delivery continues its popularity surge, British food courier Deliveroo today filed the first paperwork necessary for listing on the London Stock Exchange, The Wall Street Journal reported. The filing doesn't indicate how much money the company is looking to raise, though unnamed sources noted the company's valuation is approximately $10 billion. Several companies and investment firms are backing Deliveroo, including tech and online retail giant Amazon (NASDAQ: AMZN).