|Bid||98.50 x N/A|
|Ask||114.00 x N/A|
|Day's range||100.10 - 107.20|
|52-week range||72.58 - 115.60|
|Beta (5Y monthly)||0.31|
|PE ratio (TTM)||N/A|
|Earnings date||20 Apr 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||128.17|
Which? finds a basket of items speedily delivered by Deliveroo, Just Eat or Uber Eats can cost a third more
Which? acknowledged that ordering groceries from the apps is ‘undeniably convenient’ but warned that it found ‘shocking’ price differences.
The riders demonstrators outside the company’s annual general meeting at 100 Bishopsgate in London.
Riders will challenge the company’s board at its annual general meeting on Wednesday.
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Insiders bought or sold millions of pounds' worth of these two UK stocks in recent weeks. Our writer looks at the recent news flow to decide if he should buy. The post 2 UK stocks with massive insider buying or selling! appeared first on The Motley Fool UK.
The London-listed food delivery service Deliveroo is deepening its ties with Asda as it seeks to drive revenue growth from its grocery operations. Sky News understands that the pair are to open a rapid-delivery site in Tottenham Hale, north London, called Deliveroo HOP next month which will offer more than 1,300 Asda products in as little as 15 minutes. Asda will own and manage the site, but use Deliveroo technology and its logistics network.
We feel now is a pretty good time to analyse Deliveroo plc's ( LON:ROO ) business as it appears the company may be on...
Jon Smith explains why this FTSE stock has fallen out of the limelight recently, but could be one to watch out for in the coming year. The post This sleeping FTSE pandemic stock could be about to awaken! appeared first on The Motley Fool UK.
Just Eat Takeaway is to lay off as many as 1,700 delivery drivers as the takeaway company grapples with a post-pandemic slowdown.
Deliveroo ( LON:ROO ) Full Year 2022 Results Key Financial Results Revenue: UK£1.97b (up 8.2% from FY 2021). Net loss...
Deliveroo’s boss has said the collapse of Silicon Valley Bank shows it was right to go public despite the takeaway app’s value dropping 80 per cent since its IPO.
The operating loss for 2022 was still 15% smaller than the £290.1 million loss it recorded a year earlier.
Ten years since its inception, Deliveroo has finally hit EBITDA profitability, though it remains far from its ultimate aim of becoming fully profitable after posting a loss of more than a quarter of a billion pounds. The food delivery business posted a 14% increase in revenues to just shy of £2 billion for 2022, while its EBITDA margin hit 0.2% in the second half of the year, up from -1.5%. Deliveroo shares fell 2.1% to 87p.
By Scott Kanowsky
By Scott Kanowsky
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Insiders were net buyers of Deliveroo plc's ( LON:ROO ) stock during the past year. That is, insiders bought more stock...
We grew our headcount too fast and face serious economic headwinds, says CEO Will Shu
The delivery firm’s founder Will Shu told staff on Thursday that it will cut 9% of roles.
Takeaway delivery platform Deliveroo has announced it is to cut roughly 350 jobs, equivalent to about 9% of the company workforce. Roles across the global Deliveroo business will be impacted, founder and chief executive Will Shu told staff, but it is understood that UK employees will be worst hit by the losses. In the UK, a collective consultation process on Deliveroo's redundancy proposals will take place, Mr Shu said, but across all markets "enhanced redundancy packages that go above government requirements and support" will be given.
Deliveroo is cutting 350 jobs as the food delivery app reels from a tech downturn and a drop in people ordering takeaways.
The Bank of England has raised interest rates by 0.5 percentage points to 4pc, the highest level since the financial crisis.
Quarterly orders in the UK and Ireland at Deliveroo topped £1 billion for the first time, as the fast food delivery business hailed strong demand despite the more troubled economic conditions. Gross transaction value, a measure of the size of total orders, climbed 9% to £1.03 billion in the region despite order numbers remaining largely unchanged, while GTV for the group as a whole was also up 9% to £1.8 billion. Deliveroo said most of the gains were due to price inflation of items ordered.
On average, a person in the UK or Ireland was paying £25.4 for an order.