Deliveroo

On-demand services might have made us feel wealthy, but the model is in jeopardy

Traditional top-down hierarchy is losing out to the power of networks and sharing

Delivery group’s share price has fallen over 70% as it lost money despite pandemic surge in demand

Europeans face a cost-of-living squeeze due to higher energy bills and soaring inflation

Ryanair advances as oil stocks come off near two-year high

Food delivery boomed during the Covid-19 pandemic

Irish-owned company to support carmaker in processing online payments for vehicles

US indices rise as inflation report is in line with expectations

Pan-European STOXX 600 down 0.4% in early trading tracking broader risk-off moves

Company founded by Uber alumni has developed a tax automation platform

Services now available to 39% of population

Global stocks mixed as traders weigh company earnings

Irish company counts the likes of Deliveroo, Burger King and Doordash as partners

Benchmark STOXX 600 index down 0.1% and off about 2% from record high in mid-August

Travek stocks rise for a fourth day

European shares hit all-time highs for the eighth day in a row

Company shares still well shy of 390p price at stock market flotation last March

Release of US inflation data expected to be key market event this week

Company, which launched in the Republic in 2015, is now operating in five cities locally

‘Profitable and fast-growing challenger to traditional banks’ attracting investor funds

Food delivery group’s IPO was dubbed the worst in London’s history

Mexican restaurant says delivery service claims his business is not accepting orders

Data security company aims to grow employee numbers by 20, Shane Curran says

Cautious optimism among investors over the impact of vaccine rollouts

Purchase equates to nearly quarter of value of shares traded in Deliveroo during first two days as public company

Planet Business: Welcome on board the VSS Imagine?

Kingspan a star performer in Dublin

Pressure mounts on City’s efforts to boost profile as tech and listings hub post-Brexit

Slump takes shine off fourth straight quarterly rise for Stoxx 600

LGIM using financial clout to push for change at corporate level in number of areas

Listing of company is set to be London’s biggest IPO since Glencore’s in May 2011

Money manager says enhanced voting rights held by founder Will Shu is issue

IPO will value food delivery start-up at as much as £8.8 billion

Irish brothers online payments group Stripe is now valued at $95bn, after raising $600m this week

Isif among backers in investment with fast-growing company now worth $95bn

IPO expected to value food delivery business at around €5.9bn

Seen & Heard: Bank bonuses; Abercrombie closes; and Deliveroo driver windfall

Food delivery group would give London market biggest IPO in several years

UK ruling has extended additional rights to casual workers such as Deliveroo riders

Customers can order from online channels with deliveries done through Deliveroo