Deliveroo - An Incredible Ride to IPO

Deliveroo is reported to target a $10B valuation in an upcoming IPO. In preparation for a much anticipated listing, together with Dealroom we have looked at Deliveroo’s 9 year ride to (potential) decacorn status.

• Deliveroo has been one of the fastest-growing tech companies in Europe, an incredible ride for the founders and investors alike
• COVID-19 pandemic has fueled delivery boom and Deliveroo increased its UK market share in the process, from 16% to 20%
• Deliveroo commands the highest average order value in UK food delivery
• Meal delivery markets are each dominated by a small number of young players
• Meal delivery still remains a small part of the overall restaurant opportunity, which itself pales in comparison to grocery delivery