Deliveroo posts drop in first-quarter orders

20th Apr 2023 07:58

(Sharecast News) - Deliveroo reported a decline in first-quarter orders on Thursday as the cost-of-living crisis hit demand.

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Deliveroo sees profit growth in 2023

16th Mar 2023 07:37

(Sharecast News) - Meal delivery firm Deliveroo on Wednesday said it was set to lift earnings this year and announced a £50m share buyback after an improved second half of 2022.

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Deliveroo breaks even in H2; sees FY above expectations

19th Jan 2023 07:44

(Sharecast News) - UK fast food delivery platform Deliveroo said it broke even in the second half and would post better-than-expected earnings.

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Deliveroo quits Australia amid tough competition

16th Nov 2022 08:02

(Sharecast News) - Food delivery firm Deliveroo said on Wednesday that it has ended its operations in Australia after it failed to keep up with competitors.

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Deliveroo sees revenue at lower end of guidance

21st Oct 2022 07:51

(Sharecast News) - Food delivery platform Deliveroo on Friday said it expected annual revenue to be at the lower end of guidance as consumers tightened their belts.

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Deliveroo downgrades FY revenue forecast, cites 'consumer headwinds'

18th Jul 2022 07:57

(Sharecast News) - Deliveroo downgraded its full-year revenue guidance on Monday as it highlighted "consumer headwinds" amid the cost-of-living crisis.

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Deliveroo strikes union recognition deal with GMB

12th May 2022 07:43

(Sharecast News) - Food delivery giant Deliveroo and GMB Union have struck a historic union recognition deal that covers the company's more than 90,000 self-employed riders.

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Deliveroo cautious on outlook, leaves guidance unchanged

12th Apr 2022 07:43

(Sharecast News) - Deliveroo left its guidance for annual results unchanged amid economic uncertainty as the food delivery group reported a 12% increase in sales for the first quarter.

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Deliveroo loss widens as sales growth slows

17th Mar 2022 07:36

(Sharecast News) - Deliveroo's annual loss widened as spending on marketing and technology more than offset higher revenue at the food delivery group.

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Barclays starts coverage of Deliveroo at 'equalweight'

11th Mar 2022 07:53

(Sharecast News) - Barclays initiated coverage of Deliveroo on Friday at 'equalweight' with a 165p price target.

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Sunday newspaper round-up: China, Russia, Property prices

6th Mar 2022 17:12

(Sharecast News) - Chinese policymakers are targeting the slowest rate of growth for their economy this year since 1991 in the wake of Russia's invasion of Ukraine. At the opening of the National People's Congress, Premier Li Keqiang said the government's target for GDP growth in 2022 had been set at 5.5% and promised to increase fiscal spending, including on defence. For their part, private economists anticipate that the People's Bank of China will cut interest rates, even as western countries do the opposite in order to brake price growth. Nevertheless, Beijing's target is higher than the International Monetary Fund's own for growth of 4.8%. - The Sunday Times

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Hong Kong competition authorities to probe Deliveroo

27th Jan 2022 07:55

(Sharecast News) - Hong Kong's competition authorities are to investigate Deliveroo and its local rival Foodpanda, it was announced on Thursday.

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Deliveroo posts tasty rise in Q4 gross order value

20th Jan 2022 07:28

(Sharecast News) - Online food delivery platform Deliveroo reported a 36% rise in fourth-quarter gross transactional value as it hit a top-of-guidance 70% increase during 2021.

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Director dealings: Stroll ups stake in Aston Martin, Deliveroo CFO covers tax bill with sale

17th Dec 2021 15:25

(Sharecast News) - Aston Martin Lagonda executive chairman Lawrence Stroll spent almost £5m this week buying more shares in the luxury car maker, it reported in filings on Friday.

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EU looks to strengthen rights for gig workers

9th Dec 2021 11:35

(Sharecast News) - The European Union has published a series of proposals intended to bolster employment rights for gig workers.

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