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.
Read moreDeliveroo 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.
Read moreDeliveroo 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.
Read moreDeliveroo 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.
Read moreDeliveroo 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.
Read moreDeliveroo 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.
Read moreBarclays 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.
Read moreSunday 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
Read moreHong 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.
Read moreDeliveroo 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.
Read moreDirector 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.
Read moreEU 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.
Read moreEU law change could have 'significant' impact on Deliveroo profit, says Citi
6th Dec 2021 11:23
(Sharecast News) - Deliveroo shares slumped again on Monday amid concerns that potential changes to the way its workers are classified under European Union law could impact earnings.
Read moreDeliveroo, Delivery Hero fall on potential EU labour rules change
3rd Dec 2021 10:52
(Sharecast News) - Food delivery firms Deliveroo and Delivery Hero were under the cosh on Friday following a report that people working for such companies could be reclassified as employees under a European Union labour rights plan.
Read moreDeliveroo's Shu sells £47m of shares to pay tax
2nd Dec 2021 09:21
(Sharecast News) - Deliveroo founder Will Shu has sold £47m of shares in the company to pay a tax bill.
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