Deliveroo PLC (ROO)

Deliveroo PLC (ROO)

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Deliveroo Holdings PLC Profile

Deliveroo Holdings PLC (ROO) is an online food delivery company founded and headquartered in London, England. Since the year of its establishment in 2013, Deliveroo Holding s PLC has created a large platform on which restaurants and foodservice companies connect with their clientele. Deliveroo Holdings PLC (ROO) has spanned its activities and operations globally becoming the 3rd largest food delivery company in the world. The company has been listed on the London Stock Exchange (LSE) in March 2021. Deliveroo’s (ROO) market cap is currently $5.3B (USD). The company’s performance in the markets has drawn the attention of investors since the share price has jumped from £2.36 (GBP) to £2.98 (GBP) in July 2021. Deliveroo Editions – which is the company’s new project on growing a network of ghost kitchens for existing restaurants — has not yet made any profits for Deliveroo Holdings PLC. This is likely to affect the company’s market performance and consequently its share price.

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