On Monday British food delivery startup Deliveroo announced plans for a London listing while disclosing that it posted a loss of $437.94 million (317 million pounds) in 2020.

Deliveroo’s IPO is one of the most eagerly anticipated initial public offerings in the first half of 2021 wherein it is expected to be valued at more than $7 billion.

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Tags: Britain, British, Deliveroo, food delivery, Initial public offering, IPO, listing, London, loss, revenue, startup, valuation, valued