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Roofoods Limited revenues worldwide 2015-2019

Roofoods' revenues reached over 771 million British pounds in 2019, approximately 295 million higher than the amount reported in the previous financial year. Roofoods Ltd. is the parent company of Deliveroo, and is more commonly known to consumers by this name.

Growth of Deliveroo in Europe

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, it relies heavily on investments in Deliveroo along with others in the on-demand food delivery market. The company was valued at four billion U.S. dollars as of January 2020, 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 Limited (Deliveroo) worldwide from 2015 to 2019

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Sources

Release date

January 2021

Region

Worldwide

Survey time period

2015 to 2019

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 as a pure-play online food delivery service."

Figures have been rounded.

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Statistics on "Food delivery and takeaway market in the UK"

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