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Gloucestershire Business News

Deliveroo serves up 70 per cent growth in 2021

The fast food delivery platform has revealed a strong end to 2021, after the total value of orders rose 70 per cent to £6.63billion.

Deliveroo's gross transaction value rose as Plan B restrictions were introduced in an effort to slow the spread of Omicron.

Diners are thought to have cancelled restaurant bookings and opted for take away deliveries instead.

Will Shu, chief executive of Deliveroo told investors that he was 'proud' of what the business had achieved in 2021.

"Despite a challenging backdrop, we continued to strengthen our customer proposition, widen our customer base and execute against our strategy,' he said.

The total number of Deliveroo orders for this period rose 42 per cent to 80.8 million, lifting the year's total by 73 per cent to 300.6 million. The company delivered 40.4m meals and groceries in the UK and Ireland last year.

Coverage of the UK population also climbed 77 per cent in December 2021, up from 53 per cent in the year before.

Deliveroo also said users of its app placed 3.4 orders on average per month in the last three months of 2021, up from 3.2 order during 2020's lockdown.

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