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Deliveroo CEO: 'We have a lot of work ahead to prove ourselves to the markets'

Thu, 15th Apr 2021 08:20

LONDON, April 15 (Reuters) - The chief executive of
Deliveroo said the company had a lot of work to do to
prove itself to the market after its shares fell sharply when it
listed last month.

"We have a lot of work ahead of us to both grow the business
over the long term, and to prove ourselves to the markets," Will
Shu said in an interview after the company's first trading
update on Thursday. "It is day one of doing that."

Asked about the debate about the self-employed status of the
firm's riders, Shu said: "I'm not wedded to any particular model
however I am wedded to the model that riders want."

(Reporting by Paul Sandle; editing by Sarah Young)

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