All Delivery articles – Page 15
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News
Deliveroo IPO an ‘absolute disaster’
It was billed as the biggest London listing of the last ten years, Chancellor Rishi Sunak hailing the delivery company as a “true British tech success story”.
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Deliveroo IPO off to bumpy start
Deliveroo this morning raised an initial £1.5bn of new money in its initial public offering (IPO).
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Just Eat adds big name brands
Just Eat has added Costa Coffee, Starbucks, Chipotle, Leon and Tortilla to its UK delivery platform.
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Deliveroo to float at lower valuation
Deliveroo is reported to have slashed almost £1bn from the top end of its forthcoming initial public offering (IPO) to £7.6bn-£7.85bn.
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Deliveroo gets thumbs down from more fund managers
Legal & General Investment Management and M&G have joined the list of fund managers who have said they will not be buying shares in Deliveroo when it goes public next week.
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Bone Daddies to expand Wing Daddies concept
Bone Daddies is to roll out its new chicken wing-focused virtual brand to 12 sites across London following a successful trial in Kentish Town.
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Aviva shuns Deliveroo over riders’ rights
One of the UK’s largest fund managers will not buy shares in Deliveroo when it goes public because of concerns over the rights of its delivery riders.
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PizzaExpress and Deliveroo go exclusive
PizzaExpress and Deliveroo have announced a new two-year exclusive delivery deal across the UK and Ireland that will cover 290 restaurants.
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Interviews
Jason Clark: ‘Delivery is now an essential channel for us’
McDonald’s scaled-up its delivery offer during the pandemic, with 15% of total customers now coming to the brand through the channel, said Jason Clark, senior vice president and chief operations officer at McDonald’s UK & Ireland.
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Deliveroo warns of ‘material changes to model’
Deliveroo has warned it may have to rewrite its business if forced to provide its riders with holiday and sick pay.
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Just Eat sponsors Champions League
Just Eat Takeaway.com has signed as an official partner to the UEFA Champions League.
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News
Deliveroo IPO could reach £8.8bn valuation
Deliveroo has set the price range per share at between £3.90 and £4.60, in advance of its planned IPO on the London Stock Exchange.
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Brian Trollip: ‘We are going to work really hard on our delivery business’
The development of Dishoom’s delivery business enabled it to avoid redundancies and keep up with its Meal for a Meal initiative last year, and it will “work really hard” on bettering the service this year, said managing director Brian Trollip.
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KFC expands Deliveroo partnership
KFC has expanded its partnership with Deliveroo to a further 200 restaurants across the UK, on top of the 130 launched in 2020.
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Crosstown goes regional
Artisan doughnut concept Crosstown has launched its first location outside of London, with a delivery and collection hub in Cambridge.
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Deliveroo to raise a further £1bn
Deliveroo has announced plans to raise about £1bn of new funding to boost growth as part of its proposed initial public offering.
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Delivery drives improving sales at Greggs
Greggs has reported a “better than expected” start to 2021, while updating on plans to 100 net new stores this year.
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News
Delivery and takeaway sales triple over past year
Takeaway and delivery sales have increased by 317% over the past 12 months, according to CGA’s new Hospitality at Home Tracker.
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News
Just Eat: ‘This marks the beginning of our journey in the UK’
Just Eat’s investment in the UK market has arguably been paying off, with revenue up 42% last year, and for chief executive Jitse Groen, it is just the beginning.
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Just Eat’s UK revenues up 42%
Just Eat Takeaway.com achieved a 42% increase in revenue in its UK business in 2020, from €509m to €725m. Adjusted EBIDTA for the UK was €216m – up 2% on 2019.