All Deliveroo articles – Page 2
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News
Deliveroo fixed costs ‘too big' for the business
The delivery platform is cutting around 350 roles in response to “serious and unforseen econmic headwind”
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News
Deliveroo hails ‘significant improvements in profitability’
Orders declined by 2% year-on-year, but this was offset by growth in value per order, driven by item price inflation and consumer fees
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News
Deliveroo growth continues to slow amid headwinds
Growth in gross transaction value in the UK & Ireland outperformed international growth in Q3 2022, but declined quarter-on-quarter
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News
Deliveroo donates one million meals
Since launching the function allowing customers to round up the cost of their order, Deliveroo has donated one million meals to charity
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News
Deliveroo growth slows amidst headwinds
The delivery company reported gross transaction value up by 8% in the UK and Ireland but a slowdown in growth in the second quarter, in its half year update
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News
Lord Wolfson steps down from Deliveroo board
The former CEO of Next was appointed as a non-executive director in January 2021 and had also joined the remuneration committee at the delivery company
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News
Deliveroo feels impact of consumer cost pressures
The delivery company has updated its guidance, and downgraded its forecasts for full-year gross transaction value growth
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News
Deliveroo launches new restaurant ad platform
Deliveroo Media and Ecommerce will launch in the UK in July, before being rolled out globally
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News
Deliveroo appoints new CFO
Scilla Grimble is expected to start her role no later than June 2023, with Adam Miller stepping down from his role as CFO and director in September
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News
Food delivery group’s late arrival at profitability concerns analysts
Deliveroo’s stock market slide continued after JP Morgan issued a bearish broker note, reports The Times
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News
Gig economy union calls Deliveroo’s union deal into question
The Independent Workers Union dismissed the agreement as a ‘cynical backroom deal’, the Evening Standard reports
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Analysis & Insight
Impact of Deliveroo’s union deal called into question
Following the announcement of the “historic union recognition deal” between Deliveroo and GMB, MCA asks what the real impact might be of the move by Deliveroo and its implications for the wider courier model
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News
Deliveroo increases reliance on data to expand Editions
The delivery operator will focus on its use of technology and data analytics as they open more Editions sites, commercial director Max Rawlinson said at MCA’s Hostech conference
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News
Deliveroo shares fall just short of new low
Shares in the delivery business fell 1.1% yesterday, to close at 108¼p, less than a third of the 390p at which they were listed last March, despite growth in GTV and order volumes in Q1
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News
Deliveroo: ‘Consumer behaviour may moderate during the year’
The delivery platform achieved “solid growth” in Q1 2022 against the previous year, when lockdown restrictions were in place
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Analysis & Insight
Deliveroo CEO disappointed with share price since listing
In its first annual report since the delivery company listed last year, founder and CEO Will Shu admitted share price performance had been “poor”
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News
Deliveroo aims for positive EBITDA by 2026
The company posted a loss before income tax of £298m in 2021, compared to £213m loss in 2020
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Analysis & Insight
Deliveroo dreams up a slice of paradise
As Deliveroo opens its first dine-in restaurant, MCA pays Pizza Paradiso a visit and considers the wisdom behind the move
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Weekend Press
DoorDash looked at buying Deliveroo
The American food delivery giant explored a takeover of London-listed Deliveroo as part of a move to expand into Europe, The Sunday Times reports
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News
Deliveroo opens debut restaurant
Pizza Paradiso in Swiss Cottage is supposed to help the delivery company better understand the operational side of running a restaurant and delivery service