Food app Deliveroo delivers first annual profit

Legit | 13-03-2025 09:11pm |

Food delivery app Deliveroo announced Thursday its first annual profit as orders and revenue rose, while the 12-year old company sees further growth despite exiting Hong Kong. Deliveroo, which earlier this week said it was exiting Hong Kong owing to growing competition in the Chinese city, posted profit after tax of £2.9 million ($3.8 million) last year following a loss of £31.8 million in 2023.

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