Deliveroo surges ahead despite reopening of restaurants

Deliveroos’s sales have continued to grow in the past three months despite diners being able to return to restaurants.

Gross transaction value (GTV) – the industry’s preferred measure – in the UK and Ireland was up 56% per cent to £852 billion, with orders rising 59% to 35.8 million.

The food delivery platform also recorded a slight fall of 2% in the GTV per order to £23.80 while its international divisions saw an average drop of 11% per order to £19.10.

The strong results came despite the company revealing the three months to the end of September “saw particular challenges for restaurant partners in many markets, as they contended with a full return of dine-in customers alongside sustained high demand for delivery, as well as supply chain issues and labour shortages.”

‘Better  value’

Overall, Deliveroo said GTV was up 54% to £1.6bn, with 74.6 million orders across the 12 countries it serves.

Bosses have started negotiations to leave the Spanish market by the end of the year after new employment laws were enacted and the company said it would be too costly to stay in the country without significant investment.

Will Shu, founder and chief executive, said: “While we are mindful of current and potential macroeconomic disruptions and uncertainties, we expect further strong performance in the remainder of the year and we are increasing our full year GTV growth guidance.”

“We remain excited about the opportunity ahead and our plans to deliver better value to our consumers, help our restaurant and grocery partners to grow, and provide further opportunities for riders.”

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