Deliveroo reduces losses on cost-cutting
Deliveroo hopes to improve underlying earnings this year although high inflation and competition could make for a…
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Deliveroo
Deliveroo to make hundreds of redundancies as cost of living crisis bites
British-based employees are expected to bear the brunt of hundreds of job cuts at Deliveroo.
Will Shu, the delivery group’s chief executive and founder, told staff yesterday that it…
Deliveroo riders, staff, restaurants to share $19m payday
The parent company of Deliveroo Australia will pay creditors $19 million by the end of April as administrators finalise the failed food delivery business’ exit out of the Australian…
Deliveroo to pay drivers compensation as it collapses, pulls out of Australia
The London Stock Exchange-listed company entered the Australian market in 2015, but failed to retain market share against its competitors.The $3.1 billion company said in a media statement…
Food Delivery Agent Eats Customer’s Food And Texts Him; See The Whole Chat
Online apps have made our life much easier. And among many of them, food delivery apps are on every smartphone. The convenience of having our favourite foods delivered to our doorstep in…
Sales growth cools at Deliveroo as customers lose appetite for takeaways
Deliveroo gave warning that its sales growth would be at the lower end of previous guidance as rising prices prompt consumers to cut back on takeaways.
Despite the economic gloom the…
Grab, foodpanda, Deliveroo launch food delivery association in S’pore to…
Grab, foodpanda and Deliveroo announced today (August 18) that they have jointly launched the Digital Platforms Industry Association (DPIA), which seeks to enhance support for both delivery…
Deliveroo losses soar to £147m as cost of living crisis bites
Losses at Deliveroo soared by more than half to £147m in the first six months of the year, with the embattled company facing a dramatic slowdown in revenue growth as the cost of living…
Deliveroo says losses grow, to exit Netherlands
Deliveroo has enjoyed strong sales growth in a short space of time but faces questions over its sustainability.…
Demand for Deliveroo hit by rising cost of living
The soaring cost of living has taken a bite out of Deliveroo’s revenues as people cut back on takeaways to pay their household bills.
In an unscheduled second-quarter trading update…