Deliveroo has recorded a trade surge during the pandemic
TAKEAWAY delivery service, Deliveroo is set to post the biggest UK shares listing seen in over seven years.
The online platform founded in London in 2013, which offers a courier delivery service on all takeaway foods is seeking a valuation between £7.6 billion and £8.8 billion when it lists shares on the London stock market.
The total value of its orders in January and February has more than doubled compared to last year.
Hospitality businesses are amongst the hardest hit by Coronavirus measures in England, leading to a lockdown boom in the takeaway trade.
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