17 March 2022
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown:
‘’Deliveroo is riding deeper into the red, as it shifts gears to try to carry off a bigger slice of the takeaway market. All muscles are pumping in terms of sales, with gross transactional value jumping by 71%. It’s making a huge effort to pedal into new markets to try and widen its reach of riders across the UK and that’s encouraged investors, with the share price rising by more than 5%...