Roofoods (Deliveroo) revenues worldwide 2015-2018

Deliveroo’s revenues reached over 476 million British pounds in 2018, approximately 200 million higher than the amount reported in the previous financial year. Parent company Roofoods Limited, that owns the Deliveroo group of companies across all its international locations, also reported annual pre-tax losses due to further investments as part of Deliveroo’s expansion globally.

Deliveroo continues to secure funding

Deliveroo is one of the fastest growing technology startups in Europe. As food consumption habits change along with technological advances, Deliveroo’s expansion is necessary to keep up with new competitors on the market. As the company operates on a loss, Deliveroo relies heavily on investments along with others in the on-demand food delivery market. After securing another funding round in 2018 the company was valued at two billion U.S. dollars, making it one of the leading European private companies on the global Unicorn list.

Are food delivery apps here to stay?

The ability to order takeout online created a new market opportunity for aggregators and intermediaries such as Deliveroo. The rapid growth of the market suggests the delivery concept works for both restaurants and consumers, although concerns such as control over customers’ data are still a threat. According to Statista’s Digital Market Outlook, revenue in the online food delivery segment is predicted to grow, albeit at a slower rate as the market matures.

Annual revenue of Roofoods (Deliveroo) worldwide from 2015 to 2018

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Source

Release date

October 2019

Region

United Kingdom

Survey time period

2015 to 2018

Supplementary notes

The source adds the following information: "Roofoods is the parent company of the Deliveroo group of companies. The primary business activity of the Group is on-demand food delivery services."

Figures have been rounded.

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Statistics on "Food delivery and takeaway market in the United Kingdom (UK)"

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