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Deliveroo doubles orders in first half of 2021

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A Deliveroo rider’s bike near Victoria station on March 31, 2021 in London, England.

Dan Kitwood | Getty Images

LONDON — Deliveroo doubled orders in the first half of 2021, as appetite for food delivery services held up even as coronavirus restrictions eased.

The British food delivery company reported orders of 148.8 million in the six months to June 30, up from 74.5 million in the same period a year ago.

The total value of transactions on Deliveroo’s platform doubled to £3.4 billion, while revenues climbed 82% to £922.5 million ($1.3 billion).

Meanwhile, Deliveroo also narrowed its losses. The firm posted a pre-tax loss of £104.8 million in the first half, down from the £128.4 million…



Source cnbc.com

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