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Home Business NewsBusiness Deliveroo to deliver tasty £130m revenue this year

Deliveroo to deliver tasty £130m revenue this year

by
6th Jun 16 10:25 am

The company has grown by over 100% in the last year and serves over 65 cities.

London-based food delivery network Deliveroo is arguably the capital’s fastest growing tech company.

Deliveroo’s revenues are set to hit £130m by the end of the year, according to an internal projection by the company.

The company has grown by over 100% in the last year and serves over 65 cities.

For those of you who don’t know, Deliveroo employs cyclists and drivers to deliver takeaway food from restaurants that don’t offer home delivery. Restaurants that have signed up to the service include well-known restaurants Pizza Express and Gourmet Burger Kitchen.

Deliveroo, that takes a £2.50 fee for each transaction, has raisd $200m in funding in the last two years. The three-year-old company is reportedly valued at a whopping $600m already.

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