Deliveroo IPO: Can It Deliver More Than Just Your Lunch?
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Deliveroo IPO: Can It Deliver More Than Just Your Lunch?

The U.K.-based online food delivery company is going public at the end of the month. The Deliveroo IPO is expected to be the biggest Initial Public Offering (IPO) on the London Stock Exchange (LSE) in almost a decade. Backed by Amazon, and seeking a valuation of £8.8 billion ($12 billion), this IPO is something to get excited about.

According to CNBC, Deliveroo says it will use the proceeds of the IPO to continue to invest in innovation and push deeper into on-demand grocery deliveries.

With all this excitement, let's see what our alternative data has to say about Deliveroo's online performance.

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