Deliveroo to expand services into 100 new cites in the UK

2 min read | January 12, 2021 08:22 PM AEDT | By Team Kalkine Media

Google News:

Recent News

ASX Technology Leaders on ASX 200 Revenue and Scale

Can Hidden ASX Names Become Tomorrow’s Market Leaders?

How Are ASX 300 Gold Miners Responding to Record Gold?

ASX Gold Mining Outlook on ASX 100 Costs and Cash Flow

Make Kalkine Media
My Trusted Source

Online delivery group Deliveroo is planning to expand its services to 100 new towns and cities across the UK in 2021.

It has taken the decision in order to capitalise on its popularity during the Covid-19 pandemic. The company has witnessed huge increase in business during the pandemic as the frequent lockdowns prompted restaurants to move to online delivery.
With the latest planned expansion, the company is eyeing the greater opportunity created by the situation.

Though the company had also announced job cuts to the tune of 367 employees, due to the early impact of the pandemic.

The expansion plan intends to reach 4 million people and will include sites like Exmouth, East Kilbride, Scarborough, King’s Lynn, Yeovil Llanelli and Bangor.

It is also being said that the company could look to list its shares on LSE and grab some of the billions of dollars of investor cash.

Recently, the company had collaborated with the leading mobile commerce technology company in the US, Button. Deliveroo started with Evolution™, Button's product bouquet that offers industry-first personalization and intelligence products. The collaboration was intended to unlock incrementality testing-vigorously aiming those groups who still remains held ack across publishers on Button's Personalization API.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.