Deliveroo

Deliveroo plc
Deliveroo
FormerlyRoofoods Ltd
Company typePublic limited company
LSE: ROO
Industry
Founded2013; 11 years ago (2013)
Founder
HeadquartersLondon, England, UK
Area served
  • United Kingdom
  • France
  • Belgium
  • Ireland
  • Italy
  • Singapore
  • Hong Kong
  • Kuwait
  • Qatar
  • United Arab Emirates
Key people
RevenueIncrease £2.03 billion[1] (2023)
Number of employees
≈ 3,807 employees, ≈ 135,000 self-employed couriers[2] (2023)
Websitedeliveroo.co.uk

Deliveroo is a British online food delivery company founded by Will Shu and Greg Orlowski in 2013 in London, England. It operates in the United Kingdom, France, Belgium, Ireland, Italy, Singapore, Hong Kong, the United Arab Emirates, Kuwait, and Qatar. It formerly operated in Germany, Taiwan, Spain, the Netherlands, and Australia. Its subsidiary operation, Deliveroo Editions operates dark kitchens for the preparation of delivery-only meals.[3]

Deliveroo HOP operates from delivery-only grocery stores run by Deliveroo, working in partnership with existing grocers. Deliveroo also provides delivery and technology for on-demand grocery to major UK retailers. The company works with around 182,000 restaurants, grocers and retailers as of August 2024.[4]

The company was first listed on the London Stock Exchange on 31 March 2021 as Deliveroo Holdings plc.[5][6][7] It is seen by some as being among the worst IPOs in the history of the London exchange.[8] In 2022, in its first annual report since listing, Deliveroo showed growth in Gross Transaction Value of 70% year-on-year in constant currency.[1]

  1. ^ a b "2023 Full Year Results" (PDF). Deliveroo plc.
  2. ^ "2023 Annual Report" (PDF). Deliveroo plc.
  3. ^ Sawers, Paul (5 April 2017). "Food courier Deliveroo launches platform for restaurants to open delivery-only kitchens". VentureBeat.com. Retrieved 17 June 2019.
  4. ^ Sharkey, Jessica (9 August 2024). "Deliveroo finally delivers as first profit leads to £150m buyback". www.thetimes.com. Retrieved 9 August 2024.
  5. ^ "DELIVEROO PLC ROO Stock | London Stock Exchange". www.londonstockexchange.com.
  6. ^ "London Stock Exchange welcomes Deliveroo Holdings plc to the Main Market". London Stock Exchange. 31 March 2021. Archived from the original on 26 June 2021. Retrieved 26 June 2021.
  7. ^ "Deliveroo Sinks 31% in Setback to London Effort to Lure IPOs". Bloomberg.com. 31 March 2021.
  8. ^ "Deliveroo's Dreadful First Year Ranks Among Worst IPOs in London". Bloomberg.com. 31 March 2021.