(Bloomberg) -- Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition in the city weighed on the company’s international division. The London-based delivery ...
On-demand food delivery platform Deliveroo will exit the Hong Kong market next month through a sale of certain assets to rival Foodpanda amid punishing competition. Deliveroo said on Monday that ...
Food delivery firm Deliveroo said Monday that it would end operations in Hong Kong next month after striking a deal with local competitor foodpanda. The Chinese city has seen growing competition ...
LONDON (Reuters) -Meal delivery company Deliveroo has pushed back its margin growth forecast after a slower than expected recovery in consumer confidence, spurring a drop in shares on Thursday ...
Delivery app Deliveroo has enabled its users to donate to the Fathers’ Endowment campaign, launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai on ...
2024 Adjusted EBITDA Margin (Excluding Hong Kong): 2%. Deliveroo PLC (DROOF) achieved a year-on-year GTV growth of 6% and adjusted EBITDA of GBP130 million, marking a 52% increase. The company ...
Deliveroo, an on-demand food delivery platform, will exit the Hong Kong market next month due to tough competition. The company said on Monday that its Hong Kong service would end on April 7 ...
London (AFP) – Food delivery app Deliveroo announced Thursday its first annual profit as orders and revenue rose, while the 12-year old company sees further growth despite exiting Hong Kong.
Deliveroo said it had seen an improvement in the frequency of orders and the retention of customers (David Davies/PA) Deliveroo has posted its first full-year profit as it continued branching out ...
UAE, Dubai: Deliveroo announced its support to the Fathers’ Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler ...
Online food delivery firm Deliveroo said on Monday it is exiting Hong Kong for financial reasons, after operating in the SAR for nine years. Its UK-based parent company said its service platform ...
Food delivery giant Deliveroo has revealed it is to pull out of Hong Kong in April after nine years (Niall Carson/PA) Food delivery giant Deliveroo has revealed it is to pull out of Hong Kong in ...