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UK – Deliveroo gives company employees £10 million in shares (Reuters)

17 May 2018

Employees at food courier Deliveroo will become shareholders in the company and receive a share of equity totalling nearly £10 million (US$13.5 billion), the human cloud firm told Reuters, although the programme will not extend to its riders. Founder and Chief Executive Will Shu said he wanted to reward with share options the nearly 2,000 permanent staff at the firm, which is valued at around USD 2 billion. British media have reported that Deliveroo is considering a stock market flotation, but a company source said that talk of an IPO is “speculation”.