The food delivery service reportedly expects to achieve a valuation of more than $2.6bn when it floats, having secured permission for Amazon to invest earlier this year.

UK-based food delivery service Deliveroo has hired investment bank Goldman Sachs for an initial public offering that would give e-commerce firm Amazon the chance to exit, Sky News has reported.

The offering is expected to value the company at more than £2bn ($2.6bn) and to take place in 2021, undisclosed insiders told Sky News.

Deliveroo operates an online platform that allows users to order food for delivery from local restaurants. It has experienced a surge in demand over recent months…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.