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Evening Standard
Evening Standard
Business
Simon Hunt

Deliveroo UK orders top £1 billion for the first time as Will Shu hails improved profitability

Quarterly orders in the UK and Ireland at Deliveroo topped £1 billion for the first time, as the fast food delivery business hailed strong demand despite the more troubled economic conditions.

Gross transaction value, a measure of the size of total orders, climbed 9% to £1.03 billion in the region despite order numbers remaining largely unchanged, while GTV for the group as a whole was also up 9% to £1.8 billion. Deliveroo said most of the gains were due to price inflation of items ordered.

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