Deliveroo posts £19m loss regardless of £1bn income as Doordash takeover prices chew

Deliveroo posts £19m loss regardless of £1bn income as Doordash takeover prices chew

Deliveroo has reported a £19.2 million loss for the primary half of 2025, regardless of an 8% rise in revenues to £1 billion, as prices linked to its £2.9 billion takeover by US rival DoorDash weighed on its outcomes.

The loss marks a reversal from the £1.3 million revenue recorded in the identical interval final yr, which was the London-listed meals supply firm’s first-ever revenue. Deliveroo mentioned the downturn was pushed by “larger distinctive objects” tied to the acquisition, which was introduced in Could and is predicted to finish later this yr.

Excluding one-off bills, Deliveroo reported a tax-adjusted revenue of £31.8 million for the six months to 30 June. The corporate highlighted dangers to its operations together with cybersecurity threats, rising competitors, altering market circumstances and regulatory challenges.

As soon as the DoorDash deal completes, Deliveroo will delist from the London Inventory Trade – one other blow for the UK market – and function below the San Francisco-based group’s possession, pending closing regulatory approvals.

Chief government and founder Will Shu mentioned the enterprise continued to enhance buyer engagement, with “order frequency and retention” rising throughout all cohorts.

“At this time, each development and profitability are accelerating,” Shu mentioned. “I’m excited for what the partnership with DoorDash can convey sooner or later. They are going to be a superb associate for everybody on the firm, in addition to for our customers, service provider companions and riders.”

Rumours of the takeover, which started circulating in April, have lifted Deliveroo’s share worth from 123.4p at the beginning of that month to 177.3p immediately, giving the corporate a market worth of £2.65 billion.


Deliveroo posts £19m loss regardless of £1bn income as Doordash takeover prices chew

Jamie Younger

Jamie is Senior Reporter at Enterprise Issues, bringing over a decade of expertise in UK SME enterprise reporting.
Jamie holds a level in Enterprise Administration and usually participates in business conferences and workshops.

When not reporting on the newest enterprise developments, Jamie is enthusiastic about mentoring up-and-coming journalists and entrepreneurs to encourage the following technology of enterprise leaders.




Source link

Comments are closed.