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LEGAL | Staff Reporter, UK
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Deliveroo eyes new funding round

The funding round may place a valuation floor for Uber’s acquisition on Deliveroo.

Deliveroo is planning to raise hundreds of million of pounds from investors, according to a report from Sky News.

The fundraising is said to be proposed to have a valuation of £2.3 billion to £3.1 billion. The food aggregator is aiming to collect £273 million to £390 million.

The funding round may place a valuation floor for Uber’s acquisition on Deliveroo.

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