Food Delivery

Delivery Hero Faces €100m Earnings Hit As It Hires Spanish Riders

Delivery Hero said that freelance riders at its Glovo unit in Spain will be hired as employees, with the move denting its 2025 adjusted core earnings by &e...

Chinese Food Delivery Firm Meituan Beats Quarterly Revenue Estimates

Meituan posted a bigger-than-expected 22.4% rise in third-quarter revenue, defying sluggish Chinese consumption.

Just Eat Q3 Reports EBITDA Of €450 Million

Just Eat Takeaway.com, one of the world’s largest online food delivery marketplaces, has reported progress across its key strategic pillars, namely N...

Delivery Hero Posts Stronger Than Expected GMV Growth In Q2

German online takeaway food company Delivery Hero reported stronger than expected growth it its second quarter gross merchandise value, underpinned by high...

Food Delivery In Africa – A Growing But Hard-Won Market

In Africa, as in other parts of the world, food delivery is a fast-growing sector, driven by rapid urbanisation, a growing middle class, and a transformati...

Deliveroo Reports First-Half Profit And Positive Cash Flow

British meal delivery company Deliveroo said it had achieved the twin milestones of profit and free cash flow in the six months to end-June as demand from...

Just Eat Takeaway Announces Buyback As Europe Leads Profits Beat

Just Eat Takeaway reported a more than 40% jump in first-half core profit, announced a share buyback programme and said it was focused on using technology...

DoorDash Held Talks With UK's Deliveroo On Takeover, Sources Say

US meal delivery group DoorDash flagged an interest in a takeover of Britain's Deliveroo last month, two people familiar with the matter told Reuters.