Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Deliveroo plc
  6. News
  7. Summary
    ROO   GB00BNC5T391

DELIVEROO PLC

(ROO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

UK's Waitrose expands rapid home deliveries with Deliveroo

04/27/2021 | 04:41am EDT

LONDON, April 27 (Reuters) - British supermarket Waitrose will expand its Deliveroo service by 110 shops to 150 by the end of the summer, giving more customers access to rapid home delivery, it said on Tuesday.

Waitrose, which is part of the employee-owned John Lewis Partnership, said it had agreed a two-year deal with the app and delivery service following a successful trial.

Waitrose's long partnership with online grocery specialist Ocado came to an end last September.

It said the deal would take the number of people who are able to enjoy Waitrose food on Deliveroo to around 13 million. The upmarket food chain has around 330 stores in total across the United Kingdom.

Deliveroo customers will be able to order from an increased range of between 750 to 1,000 products and have shopping delivered in as little as 20 minutes from Waitrose stores across the country.

Up to 400 new jobs will be created in Waitrose stores to fulfil orders for delivery by Deliveroo.

The service will complement the supermarket group's own full-service deliveries.

"Our partnership with Deliveroo has already proved extremely popular with the vast majority of customers returning week on week, helping to create a healthy balance of loyalty and attracting new and younger customers," said Nina Bhatia, the John Lewis Partnership's executive director for strategy and commercial development.

Other partners on Deliveroo's grocery platform include Sainsbury's, Morrisons, and Aldi.

Earlier this month Deliveroo said a more-than doubling in first quarter orders during coronavirus lockdowns was an initial step in proving itself following the debacle of its March flotation. (Reporting by James Davey. Editing by Kate Holton and Mark Potter)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
DELIVEROO PLC -2.18% 251.3 Delayed Quote.0.00%
J SAINSBURY PLC 0.00% 253.8 Delayed Quote.12.55%
OCADO GROUP PLC -0.21% 1889.5 Delayed Quote.-17.21%
WM MORRISON SUPERMARKETS PLC -0.03% 176.65 Delayed Quote.-0.37%
All news about DELIVEROO PLC
06/07DELIVEROO  : Say I loaf you this Father's Day with Deliveroo and CRUST's upcycle..
PU
06/04Turkey's Getir raises $555 mln as quick-delivery funding booms
RE
06/04DELIVEROO  : Banana and Anchovy Pizza? COWABUNGA! Deliveroo And Crazy Pedro's Pi..
PU
06/03France's Casino expands Amazon partnership with collect services
RE
05/24DELIVEROO  : rolls out initiatives to support its community of customers, restau..
PU
05/20Every second counts as startups race to deliver fresh food
RE
05/19DoorDash May Not Deliver at This Price
DJ
05/19DELIVEROO  : Australia's Fair Work Commission Declares Deliveroo's Dismissal Of ..
MT
05/11DELIVEROO  : Bank of America Initiates Coverage Of Deliveroo With Buy Rating
MT
05/11DELIVEROO  : Citigroup Starts Deliveroo With Neutral Rating, Keeps PT
MT
More news
Financials
Sales 2021 1 735 M 2 442 M 2 442 M
Net income 2021 -291 M -409 M -409 M
Net cash 2021 1 223 M 1 722 M 1 722 M
P/E ratio 2021 -16,3x
Yield 2021 -
Capitalization 4 545 M 6 404 M 6 399 M
EV / Sales 2021 1,92x
EV / Sales 2022 1,55x
Nbr of Employees 2 060
Free-Float 94,6%
Chart DELIVEROO PLC
Duration : Period :
Deliveroo plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DELIVEROO PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 9
Average target price 324,00 GBX
Last Close Price 251,30 GBX
Spread / Highest target 67,1%
Spread / Average Target 28,9%
Spread / Lowest Target -31,6%
EPS Revisions
Managers and Directors
NameTitle
William Shu Chief Executive Officer & Director
Adam Miller Chief Financial Officer & Director
Claudia Isobel Arney Non-Executive Chairman
Dan Winn Chief Technology Officer
Charles Richard Kenneth Medlock Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
DELIVEROO PLC0.00%6 557
TENCENT HOLDINGS LIMITED6.38%730 483
NETFLIX, INC.-7.55%221 653
PROSUS N.V.-3.47%166 447
UBER TECHNOLOGIES, INC.-0.45%95 345
AIRBNB, INC.1.64%90 768