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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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

Latest News
- Deliveroo PLC (ROO)


Deliveroo to exit Netherlands, loss widens in first-half

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