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Deliveroo’s mission is not only to make sure that the restaurants and grocers in local areas are available to customers when and where they want them - it wants to go further by bringing new restaurants to local areas, so customers can have even more amazing food choices.
-2% employee growth in 12 months
When Deliveroo's founder and CEO Will Shu moved to London in 2013, he discovered a city full of great restaurants, but he was amazed that so few of them delivered food. He made it Deliveroo's mission to bring local restaurants direct to people’s doors. Deliveroo was one of the companies that pioneered leveraging the gig economy to deliver food from high-quality chains and restaurants.
Deliveroo operates a hyperlocal three-sided marketplace, connecting local consumers, restaurants and grocers, and riders to fulfil purchases in under 30 minutes. By offering fast and reliable delivery that consumers can track online, Deliveroo has grown rapidly. It now operates in 11 markets worldwide, working with thousands of restaurants and grocers, thousands of riders, and serving millions of consumers.
Competition in the space is fierce, as Deliveroo battles with the likes of Uber and Just Eat for market share. While this makes for a challenging market, it also forces Deliveroo to continue to innovate and build better products for consumers and its workers. Its inclusion of grocery delivery, and push to increase the number of grocers available through the platform during 2022, has proven vital to maintaining momentum, as consumers battling the cost-of-living crisis turn away from ordering take-out.
Freddie
Company Specialist at Welcome to the Jungle
Jan 2021
$180m
SERIES H
May 2019
$575m
SERIES G
This company has top investors
William Shu
(CEO)Started a career in finance, with roles at Morgan Stanley and ESO Capital. Has an MBA from Wharton Business School.