Sunday , December 15 2019
Home / FT Alphaville / Deliveroo and the profitability problem

Deliveroo and the profitability problem

Summary:
Deliveroo, the lossmaking food delivery company which once briefly employed Alphaville’s editor, announced a new product line on Sunday.From the Telegraph’s James Cook:DELIVEROO is introducing food collection services at 10,000 UK restaurants in a move that risks inflaming tensions with its delivery riders.The online food delivery group plans to roll out a new "Pickup" service, where customers save money by collecting food themselves, at half of its UK restaurants within six months.It hopes the scheme will help it win new customers and sign up extra restaurants as it wages a battle with rivals. Uber Eats launched a similar service in May.Alphaville commented on the speculation around this service back in February, and it seems it is now becoming a reality.As the Telegraph points out, the

Topics:
FT Alphaville considers the following as important:

This could be interesting, too:

Miles Kimball writes The Federalist Papers #3: United, the 13 States are Less Likely to Stumble into War

Menzie Chinn writes Guest Contribution: “The currency composition of foreign exchange reserves”

Bradford DeLong writes Brad DeLong's Grasping Reality 2019-12-14 19:27:05

Bradford DeLong writes Brad DeLong's Grasping Reality 2019-12-14 15:36:30

Deliveroo, the lossmaking food delivery company which once

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

Leave a Reply

Your email address will not be published. Required fields are marked *