Deliveroo: will 19 July serve up a big treat or slim pickings for food delivery app?

Co-founder William Shu ‘super-optimistic’ firm will keep profiting from pandemic-fuelled change in dining choices

Deliveroo’s army of riders, with the company’s distinctive turquoise food boxes strapped to their backs, have become a round-the-clock sight on Britain’s streets after the country developed a serious takeaway habit during the lockdowns of the past year.

But could England’s “freedom day” on Monday be the harbinger of leaner times? Some investors are concerned the takeaway boom will fizzle out, with rival Just Eat Takeaway’s shares falling sharply this week despite bumper orders in the first six months of 2021.

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from The Guardian https://ift.tt/3BnIkW6

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