Deliveroo goes 'from hero to zero' after tanking 30% at its London IPO as investors get tough on gig-worker rights

The food-delivery startup's float comes after a pandemic-related surge in business, as consumers flocked to takeaway food.

View in browser Subscribe Business Insider brings you a personalized selection of our top business stories, every day. Was this email forwarded to you? Sign up for Business Insider here. Deliveroo goes 'from hero to zero' after tanking 30% at its London IPO as investors get tough on gig-worker rights The food-delivery startup's float comes after a pandemic-related surge in business, as consumers flocked to takeaway food. READ MORE Premium IPG and Omnicom are touting a new tool to help advertisers avoid misinformation without hurting publishers The new NewsGuard tool says it adds human oversight to the largely automated system of online advertising. READ MORE Reparations 'definitely' have merit and should be taken seriously, Atlanta Fed president says Raphael Bostic said reparations should be considered and the program in Illinois is "quite interesting ... others should be thinking about it." READ MORE Premium How pizza tech startup Slice is taking its $85 million in funding to help independent pizzerias beat Domino's at its own game Slice wants to level the playing field for independent pizzerias looking to compete with Domino's when it comes to technology. READ MORE Phone-maker Xiaomi is investing $10 billion in a new electric vehicle unit as Apple and Huawei stay silent on their EV plans Xiaomi said it would develop smart electric vehicles through a wholly-owned subsidiary led by Xiaomi CEO Lei Jun. READ MORE Premium JOIN US APRIL 14: What's next for proptech in 2021? Insider real estate and proptech reporter Alex Nicoll will moderate a panel on the massive tech changes in real estate, and what's coming next. READ MORE Tesla reportedly charged some customers twice for new cars, leaving them with bills of up $142,000 and no refund after nearly a week Five Tesla customers told CNBC they were still waiting for refunds of up to $71,000 nearly a week after being double charged. READ MORE Premium I've researched TikTok for a year. My sources told me how the company is definitely sending user data to China. TikTok has long faced awkward questions about whether it sends data to China, where its parent company ByteDance is based. READ MORE Premium The cofounder and COO of Y Combinator-backed newsletter platform Substack shares the best way to get hired there Job candidates should be committed to building a better future for readers and writers alike, said cofounder and former journalist Hamish McKenzie. READ MORE Premium Blackstone is limiting investors' voting rights in a $1.6 billion deal that could leave bondholders short-changed if things go awry Blackstone's latest bond deal impinges on investors' rights and highlights how hot debt markets enable borrowers to include aggressive clauses READ MORE Email sent to: ipat39@gmail.com   |   Manage preferences   |   Unsubscribe Terms of Service   |   Privacy Policy   |   © 2021 Insider Inc. 1 Liberty Plaza, New York, NY 10006