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
DoorDash to acquire UK's Deliveroo in $3.9 billion dealDoorDash said on Tuesday it will acquire British meal delivery company Deliveroo for 2.9 billion pounds ($3.85 billion), as the US online d...
06 May, 2025, 12.27 PM IST
UK's Deliveroo says it has quit Hong Kong marketFood delivery firm Deliveroo said Monday that it would end operations in Hong Kong next month after striking a deal with local competitor f...
10 Mar, 2025, 02.12 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
Doordash held talks with UK's Deliveroo on takeoverDoordash showed interest in acquiring Deliveroo, but talks ceased over valuation. Deliveroo's shares closed at 127.5 pence, valuing the com...
26 Jun, 2024, 02.14 PM IST
Deliveroo riders not entitled to collective bargaining, top UK court rulesThe Independent Workers Union of Great Britain (IWGB) had tried to represent a group of Deliveroo riders in order to negotiate pay and cond...
21 Nov, 2023, 03.54 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 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
As Dubai's food delivery booms, dangers and casualties mountThe boom has transformed Dubai's streets and stores and drawn thousands of desperate riders, predominantly Pakistanis, into the high-risk, ...
13 Sep, 2021, 12.44 PM IST
Zomato may see good listing gains, but big returns unlikely laterLike its overseas peers, Zomato is still to make profits, as it is still in its early growth phase.
12 Jul, 2021, 06.55 AM IST
European stocks caught in global selloff on recovery concernsThe pan-European STOXX 600 index dropped 0.7% by 0711 GMT after Asian markets tumbled on concerns about China's recovery and tighter regula...
08 Jul, 2021, 02.08 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
Deliveroo attracts bumper investor demand ahead of London market debutDeliveroo, due to make its debut on March 31, narrowed its price range on Monday to between 3.90 and 4.10 pounds per share.
29 Mar, 2021, 02.51 PM IST
What does Uber love more: Restaurants or investors?The company has an edge over most other players, given how well capitalized it is. If it comes down to a price war to retain eateries, driv...
23 Apr, 2019, 11.55 AM IST
London startup Deliveroo raised $70 million in huge funding roundDeliveroo, the London meal delivery startup that works with restaurants across Europe, has announced that it has raised $70 million in new ...
28 Jul, 2015, 12.32 PM IST