Supreme Court rules London Deliveroo riders are not ‘workers’ Live! The Supreme Court dismissed Deliveroo’s appeal this morning to consider if London riders should be classed as ‘workers’, bringing an end to the seven year legal battle. The court unanimously rejected Independent Workers’ Union of Great Britain’s appeal, holding that riders are not in an “employment relationship” which means the “trade union activity do not [...]
No more KFC on Deliveroo as the Colonel chases ‘better commercials’ Cluck off Fried chicken favourite KFC is ending its relationship with Deliveroo in a blow to the London-listed delivery outfit's customer offering.
Debt campaigners sound alarm over Deliveroo’s Klarna tie-up Cost of living Debt campaigners have sounded the alarm over a “worrying” partnership between Deliveroo and buy-now pay later firm Klarna today which they claim could land cash-strapped Brits in mounting piles of debt.
Deliveroo: Brits buying takeaways helps app exceed guidance January 19, 2024 Deliveroo benefited from a surge in demand as it announced being ahead of its previously-raised profit guidance last year. The takeaway delivery giants said in a fourth quarter update to investors, its gross transaction value (GTV) remained “resilient” with an improved trend in orders, seeing a seven per cent leap to £1.09bn in the UK [...]
Deliveroo boss: London founders are still the best in the business August 4, 2023 London as a location to both conduct business and start a business is increasingly a hot topic. Having started Deliveroo in London a decade ago and listing the business on the London Stock Exchange eight years later, I’ve seen firsthand how the start-up scene here works. I still firmly believe that London is brilliant for [...]
Deliveroo raises guidance for year despite orders slipping August 10, 2023 Deliveroo upped its guidance for the year to a range of £60-80m, ahead of previous range of £20-50m, as the group shows signs of weathering the economic storm. Total revenues rose five per cent to £1.02bn up from £972.9bn as the group increased the cost of payment fees it charges customers. The food delivery business, [...]
Supreme Court set to rule on whether Deliveroo riders are ‘workers’ November 20, 2023 This week the highest court in the UK will decide if Deliveroo’s London riders should be classed as ‘workers’. The outcome is highly anticipated by those working in the gig economy. The Supreme Court is set to issue a landmark ruling tomorrow over the collective bargaining rights of a group of Deliveroo riders in Camden [...]
Deliveroo treads water in first quarter but still projects growth for 2024 April 18, 2024 Deliveroo said orders were flat, reflecting the stagnant market, and the consumer landscape was "more stable but still uncertain".
Deliveroo ends 2023 on a high, expects positive cash flow in 2024 March 14, 2024 Strong demand for takeaways and lower costs helped Deliveroo record positive earnings before interest, taxes, depreciation, and amortisation (EBITDA) last year.
Deliveroo holds guidance as UK revenue rises despite global dip October 19, 2023 Online takeaway platform Deliveroo has maintained its full year guidance for the year, as the company was bolstered by demand in the UK and Ireland. According to its third quarter update, the listed delivery app, said revenues in its UK and Ireland arm grew by a steady three per cent to £297m, but internationally it [...]