24-11-2018 17:20 via uk.news.yahoo.com

Deliveroo in talks about fundraising as Uber lies in wait

Deliveroo, the food delivery start-up, is in talks ‎to raise hundreds of millions of pounds from investors in a deal that could set a valuation floor for a formal takeover bid from rival technology firm Uber.Sky News has learnt that Deliveroo, one of the best-known participants in the UK's gig economy, is in the preliminary stages of discussions with prospective and current shareholders about a new funding round.Sources said this weekend that the fundraising was being pitched at a valuation
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