Hyperdrive

Deliveroo Is Said to Start Talks for IPO After Delivery Spike

Amazon-backed company eyes potential listing in 2021
Food delivery companies have held up during virus pandemic

A food delivery courier for Deliveroo cycles in Manchester, U.K. on April 8.Photographer: Paul Thomas/Bloomberg

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By Ruth David and Giles Turner

September 24, 2020 at 2:06 PM UTC

This article is for subscribers only.

U.K. food-delivery startup Deliveroo has begun preliminary talks to explore an initial public offering, people familiar with the matter said.

The Amazon.com Inc.-backed company has had discussions with potential advisers regarding the possibility of an IPO in 2021, the people said, asking not to be identified as the talks are private. No final decisions have been made and Deliveroo may still decide against going ahead with listing plans, they said.