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Amazon-backed Deliveroo set for whopper-sized IPO

Deliveroo founder and CEO WIll Shu

Amazon-backed food delivery firm Deliveroo is preparing what will be the London stock market's biggest float in a decade, with the loss-making start-up targeting a valuation of between £7.6 billion (almost US$10.5 billion) and £8.8 billion when it prices the initial public offering (IPO) at the end of the month.

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