Deliveroo Plans Potential $10 Billion IPO In London

Deliveroo said it is planning to file for a public listing in London with a time-limited, dual-class share structure, which would enable Will Shu, the company’s U.S.-born co-founder and chief executive officer, to retain control. A dual-class share structure consists of two share classes, each with different voting rights, Deliveroo said in a Thursday (March 4) blog post. It’s a common structure on exchanges in the U.S., Hong Kong, and within Europe. “Deliveroo was born in London.
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