DoorDash is on a $5 billion buying spree after earnings beatIn a bold global expansion move, DoorDash announced $5.1 billion in acquisitions—UK-based Deliveroo and tech firm SevenRooms—while posting ...
07 May, 2025, 08.39 AM IST
US stock market futures today: Why are Dow Jones, S&P 500, and Nasdaq futures swinging amid Spain blackout, Microsoft, Meta, Amazon earnings, and Trump's struggling economy?US stock market futures today are swinging wildly as Wall Street faces a nerve-wracking week packed with tech earnings and key economic dat...
28 Apr, 2025, 06.11 PM IST
Deliveroo reaches net profit and cash flow milestonesBritish meal delivery company Deliveroo achieved positive net profit and free cash flow in the first half, leading to a 9% increase in its ...
08 Aug, 2024, 08.14 PM IST
Uber to raise minimum wage for drivers in FranceDrivers will earn a minimum income 9 euros ($9.85) per trip, up from 7.65 euros they were earning previously, and will have a guaranteed in...
20 Dec, 2023, 10.31 PM IST
UK's Deliveroo sees expansion into non-food driving growthThe group, which competes with Just Eat Takeaway.com and Uber Eats in markets in Europe, the Middle East and Asia, said it had launched "De...
29 Nov, 2023, 01.44 PM IST
Deliveroo upgrades earnings guidance despite drop in ordersThe company said it expected to make adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of 60-80 million pounds...
10 Aug, 2023, 01.08 PM IST
Deliveroo reports 4% rise in Q1 revenue, orders slipBritish meal delivery company Deliveroo reported a 4% rise in revenue in its first quarter on Thursday, although a 9% drop in the number of...
20 Apr, 2023, 12.19 PM IST
Deliveroo forecasts earnings growth after positive end to 2022The company reported an adjusted core loss of 70.5 million pounds ($85.05 million) for 2022 on Thursday, in line with analyst expectations.
16 Mar, 2023, 12.49 PM IST
Deliveroo suspends pay cut for UAE delivery riders after rare worker strikeA day earlier, the Amazon-backed firm informed restaurants that "riders are striking and refusing to attend their shifts or deliver orders"...
02 May, 2022, 05.16 PM IST
Tata Digital seeks funds from parent; Swiggy hires bankers for $1B IPOThe group is expected to make an "interim investment" of around $500 million as Tata Digital needs to expand aggressively to take on incumb...
09 Mar, 2022, 08.12 AM IST
Healthcare, tech stocks pressure European shares; miners outperformThe pan-European STOXX 600 skid 0.3% after positive trading updates and commodity prices helped spark a rebound in shares in its previous s...
20 Jan, 2022, 02.30 PM IST
Gig workers hail European Commission's landmark push to make them employeesThe European Commission on Thursday set out new rules that would mean people working for food-delivery and ride-hailing apps can presume th...
09 Dec, 2021, 10.57 PM IST
European shares eye longest winning streak since JuneThe STOXX 600 index inched up 0.1% to hit an all-time high for an eighth consecutive session, with gains in retailers overshadowing decline...
11 Aug, 2021, 02.23 PM IST
Earnings, metal rally spur record high for European stocksThe pan-European STOXX 600 index inched up 0.3 per cent in its third session of gains, with miners and travel stocks leading the rise.
15 Apr, 2021, 01.02 PM IST
Deliveroo IPO puts London's tech credentials to the testDeliveroo has seen demand soar during the pandemic as restaurants were closed for several months of the last year.
30 Mar, 2021, 12.25 PM IST
UK Supreme Court to rule on worker rights case at Uber on February 19In a case led by two drivers, a London employment tribunal ruled in 2016 that they were entitled to workers' rights such as the minimum wag...
12 Feb, 2021, 07.52 PM IST
Gig economy workers say they can no longer surviveThe term "gig" stretches back a century to jazz musicians who used it to refer to a one-off show but now the "gig economy" involves million...
28 Dec, 2020, 11.10 AM IST