Meal delivery company Deliveroo has today reported a return to order growth in its first quarter, with a 2% increase year-on-year driven by its operations in France, UAE and Hong Kong and continued strength in Italy.
Orders in Britain and Ireland, which account for more than half its total, were flat, it said today.
The gross transaction value of its orders increased 6% to £1.83 billion, it said, while revenue grew 2% to £514m, an acceleration on 1% growth in the previous quarter.
Guidance for the full 2024 year was maintained.
"I am pleased with the start we have made to this year, building on the strong progress in 2023," chief executive Will Shu said.
Deliveroo competes with Just Eat Takeaway and Uber Eats.
