![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/G4GJHT5ONH3J6NJZL57O4YZYA4.jpg?smart=true&auth=b78e5cc5cae6b08380a8eaf47a0179b4edc86854204adc123b8cb9e4eec1a141&width=400&height=225)
Last week, Aviva Investors said it would not invest because Deliveroo’s riders in the UK did not receive the minimum wage, sick leave or holiday pay. AFP
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Deliveroo has listed on the London Stock Exchange with a valuation of £7.59 billion. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/Y6J2PWFNRHM3M76DWNMXUCKH7Q.jpg?smart=true&auth=41f325eb9773d9d7a7dad33cc6e88ed17afc0ff5087e89c8a387dd9275b4cbd1&width=400&height=225)
The listing has been facing challenges after fund managers said they would not participate in the offering over concerns about how the company's delivery employees are treated. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/6O3MXO6OGFOZRNWKKY5FQAGMOI.jpg?smart=true&auth=955db87f7da84708d8a3337eb90ee619e8620f231d19cc56477bcfea4201e624&width=400&height=225)
Founder and chief executive of Deliveroo Will Shu said he was “very proud” the company was going public in London. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/O2FY72IXRAZLF3QPJZPV46O2ZQ.jpg?smart=true&auth=fb5fc6c315fad3cc7f9516a9565a629a9e147097f376bc8f8b17b33685e18068&width=400&height=225)
"Our aim is to build the definitive online food company and we’re very excited about the future ahead." said Shu. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/BIUWII5HW2AMF2A7IALIO3UCDY.jpg?smart=true&auth=806613aae7c85197016e941d0e5d48edac125af28888cebc84e5a8feb9bf9306&width=400&height=225)
The listing is London's biggest since Glencore in May 2011. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/HEPTDALTOZ2JBHIGEIBJOCDONA.jpg?smart=true&auth=48fe9e6bbb2fe9fd489c28568c6e3a52589d91958dfcab0a0484fb2708b837f1&width=400&height=225)
Deliveroo listed on LSE’s main market at 8am London time, selling 384.6 million shares at the offer price and raising £1bn. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/X7YBJ4SEPUOORAAQ4B63NOPC7U.jpg?smart=true&auth=84f76939242b108d0fecf08a76fd79a022d69f4ff162acee4d8965a61e613a73&width=400&height=225)
Earlier this week Deliveroo said it had priced its shares towards the bottom end of the range because of “volatile” market conditions. Reuters
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/G4GJHT5ONH3J6NJZL57O4YZYA4.jpg?smart=true&auth=b78e5cc5cae6b08380a8eaf47a0179b4edc86854204adc123b8cb9e4eec1a141&width=400&height=225)
Last week, Aviva Investors said it would not invest because Deliveroo’s riders in the UK did not receive the minimum wage, sick leave or holiday pay. AFP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/GY2THZ2RXGHRYHQXV6VTRQ7UAE.jpg?smart=true&auth=78b6c41b0a5738b3f13cb10edacc7160647b1e7878ae848b7d2dc5d4f532be85&width=400&height=225)
Deliveroo has listed on the London Stock Exchange with a valuation of £7.59 billion. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/Y6J2PWFNRHM3M76DWNMXUCKH7Q.jpg?smart=true&auth=41f325eb9773d9d7a7dad33cc6e88ed17afc0ff5087e89c8a387dd9275b4cbd1&width=400&height=225)
The listing has been facing challenges after fund managers said they would not participate in the offering over concerns about how the company's delivery employees are treated. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/6O3MXO6OGFOZRNWKKY5FQAGMOI.jpg?smart=true&auth=955db87f7da84708d8a3337eb90ee619e8620f231d19cc56477bcfea4201e624&width=400&height=225)
Founder and chief executive of Deliveroo Will Shu said he was “very proud” the company was going public in London. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/O2FY72IXRAZLF3QPJZPV46O2ZQ.jpg?smart=true&auth=fb5fc6c315fad3cc7f9516a9565a629a9e147097f376bc8f8b17b33685e18068&width=400&height=225)
"Our aim is to build the definitive online food company and we’re very excited about the future ahead." said Shu. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/BIUWII5HW2AMF2A7IALIO3UCDY.jpg?smart=true&auth=806613aae7c85197016e941d0e5d48edac125af28888cebc84e5a8feb9bf9306&width=400&height=225)
The listing is London's biggest since Glencore in May 2011. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/HEPTDALTOZ2JBHIGEIBJOCDONA.jpg?smart=true&auth=48fe9e6bbb2fe9fd489c28568c6e3a52589d91958dfcab0a0484fb2708b837f1&width=400&height=225)
Deliveroo listed on LSE’s main market at 8am London time, selling 384.6 million shares at the offer price and raising £1bn. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/X7YBJ4SEPUOORAAQ4B63NOPC7U.jpg?smart=true&auth=84f76939242b108d0fecf08a76fd79a022d69f4ff162acee4d8965a61e613a73&width=400&height=225)
Earlier this week Deliveroo said it had priced its shares towards the bottom end of the range because of “volatile” market conditions. Reuters
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/G4GJHT5ONH3J6NJZL57O4YZYA4.jpg?smart=true&auth=b78e5cc5cae6b08380a8eaf47a0179b4edc86854204adc123b8cb9e4eec1a141&width=400&height=225)
Last week, Aviva Investors said it would not invest because Deliveroo’s riders in the UK did not receive the minimum wage, sick leave or holiday pay. AFP
Deliveroo loses 26% of its value in first day's trading to £5.23bn
British food delivery start-up raised £1.5bn in largest IPO in a decade
![Alice Haine](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Fthenational%2Fe79ea096-d70a-4c7a-8b34-9f28e517d833.png?smart=true&auth=20a56d43f6a47fbaa98d84a82aa0cd7f8c79279600608ce4c3b2a3958f7764b9&width=70&height=70)
Alice Haine
31 March, 2021
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