Deliveroo plc (ROO.L)
- Reuters
UPDATE 1-Deliveroo, Just Eat and Uber Eats agree to tackle illegal working in UK
Meal delivery companies Deliveroo, Just Eat and Uber Eats have committed to make extra security checks on their British riders, the government said, as it steps up efforts to make it harder for people to work illegally. The government said a "small minority" of riders, who the companies check can work legally, have taken advantage of the system to avoid ensuring their substitutes had the same right to work in Britain. In response to a freedom of information request submitted by Reuters last year, the government's interior ministry said 42% of riders stopped by an enforcement team over six days in April 2023 were found to be working illegally.
- Bloomberg
Deliveroo Returns to Growth on Strong International Demand
(Bloomberg) -- Deliveroo Plc said orders returned to growth with a 2% increase in the first quarter, driven by “strong progress” in the food delivery company’s international segment. Shares rose as much as 7.7% in early London trading.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020Trump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyElon Musk’s Robot
- Simply Wall St.
Deliveroo plc's (LON:ROO) high institutional ownership speaks for itself as stock continues to impress, up 11% over last week
Key Insights Significantly high institutional ownership implies Deliveroo's stock price is sensitive to their trading...
