Tag: Deliveroo

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Aldi ends Deliveroo deliveries as UK return to stores

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Aldi is ditching grocery deliveries via Deliveroo to focus on its own home shopping service as consumers return to stores in greater numbers. About 100 of the German retailer’s 950 UK stores offered grocery orders and...

UK Deliveroo orders soar by 59% despite restaurants reopening

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Deliveroo enjoyed a 59% increase in orders in the UK and Ireland between July and September despite the return of dine-in restaurant eating, as a partnership with Amazon more than doubled members of its premium subscr...

Deliveroo shares rise after rival Delivery Hero takes 5% stake

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Deliveroo has hit its highest share price since it floated on the stock market in March, after it disclosed that the German rival service Delivery Hero had taken a 5% stake. Shares in the London-listed food delivery c...

Deliveroo unveils plans to pull out of Spain in wake of ‘rider law’

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Deliveroo has announced plans to pull out of Spain only months after the government promised a law to give gig economy workers greater employment rights. Deliveroo, which is headquartered and listed in London, said re...

Deliveroo: will 19 July serve up a big treat or slim pickings for food delivery app?

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Deliveroo’s army of riders, with the company’s distinctive turquoise food boxes strapped to their backs, have become a round-the-clock sight on Britain’s streets after the country developed a serious takeaway habit du...

Deliveroo raises sales forecast after ‘strong growth’ in 2021

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The takeaway delivery company Deliveroo has raised its forecasts for sales this year after “strong growth” during the first six months of 2021, a period that included its rocky stock market listing. Deliveroo said on ...

Payments firm Wise’s successful float is a relief after Deliveroo flop

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Blink and you missed it. The UK’s biggest tech flotation happened on Wednesday to about a hundredth of the pre-publicity generated by the overhyped and undercooked Deliveroo. Wise, formerly Transferwise, is a low-fee ...

Deliveroo riders suffer setback in court battle for right to unionise

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Attempts by some Deliveroo riders to secure legal status as employees has suffered a setback after the court of appeal upheld previous verdicts that found the food delivery couriers were self-employed. The Independent...

Deliveroo doubles orders during latest Covid lockdown

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Deliveroo doubled order numbers during the first three months of the year as coronavirus lockdowns helped it in its debut results following a stock market float beset by concerns over its treatment of workers. The tak...

Deliveroo workers strike as shares rise on first day of open trading

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Deliveroo’s share price rose on its first day of open trading on the stock market on Wednesday even as hundreds of workers across England mounted strike action to protest against their treatment by the takeaway delive...

Deliveroo riders planning strike across England over pay and conditions

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A group of about 400 Deliveroo riders are expected to strike over pay and conditions as the company faces increasing pressure over its employment practices. The Independent Workers of Great Britain (IWGB) union said i...

Deliveroo shares slump on stock market debut

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Shares in Deliveroo slumped by more than 30% on the takeaway food firm’s stock market debut, as the eagerly-anticipated float turned sour for an army of retail investors. The company, which has been urging customers t...

Deliveroo shares plunge on market debut – business live

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Rolling coverage of the latest economic and financial newsEarlier:

Deliveroo valuation drops £1bn ahead of London flotation

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The flotation of Deliveroo on Wednesday will value the company at £7.6bn after concerns over workers’ rights and volatile stock markets chipped more than £1bn off the top-end valuation. Last week, the meal delivery se...

Deliveroo dampens IPO expectations as investors raise workers’ rights concerns

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Deliveroo has said it will price shares for its stock market listing on Wednesday towards the bottom of its price range due to “volatile” market conditions. It comes after a week in which a number of leading fund mana...

Some UK Deliveroo drivers earning as little as £2 an hour according, survey finds

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Some Deliveroo couriers are earning as little as £2 an hour, according to a survey of more than 300 riders for the food delivery service. As the company prepares for an £8.8bn stock market flotation next month, analys...

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