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"ROO make no profit have no assets."
no assets?..shows you how little you know..blimey... hardly can be "looking to invest"... a punt into the unknown sounds more like it
I agree Jackdaw there is an issue with consistent cold and damp food it must have impacted customer base. I’ve noted it’s the same couriers for both just eat, Uber and Deliveroo who sit jerking off in cars while the takeaway waits getting Luke warm before they pick it up. The riders are more likely to deliver it warmer as most are on a mission. It still has legs as a business though, finding the entry price 150p ? Further grocery deals deals in the pipeline?
new lower lows. new 52wk low recorded daily
When will the bleeding stop!
A free morsel. Time will tell. GLA.
Q4 2021 Trading Update
Date: Thursday 20 January 2022
Full Year 2021 Results
Date: Thursday 17 March 2022
https://corporate.deliveroo.co.uk/investors/calendar/
Hold tight here we go
£2.50 to £3 see you soon
I would expect to see a close above £2 easy
JustEat Q4 Results out this morning ....sector comparison
https://www.justeattakeaway.com/newsroom/en-WW/208866-just-eat-takeaway-com-q4-2021-trading-update
Nuri, how did your Boo investment do? Heard you had £400k invested at 180p? Also saw you were buying more at 165p. Then you sold out, how much did you lose again? Imagine what you could have done with those funds... Gutting eh?
Nuri
set yourself up as a bicycle repair man...Deliveroo will keep you busy and stop you writing nonsense on forums ....
Nuri,
You've got the basis of a great business idea.
In no time you can be bigger than Deliveroo! Forget about the market-leading app, the superlative delivery logistics, the marketing & branding, the level of market penetration in numerous countries, the list of top company clients, delivery of products other than food, direct investments by Amazon and Delivery Hero!
All you will have to do is pedal faster, without any sense of direction & you will have cracked it! Very few of your competitors will have a braincell that is so fully occupied! Good luck!
The pizzeria will be called "Pizza Paradiso" and will be in Camden,London and will have both outdoor and indoor seating areas
Seeking to better understand the challenges faced by the restaurants that use its platform, U.K.-based food delivery company Deliveroo says it plans to open a pizza parlour in London, The Wall Street Journal reported Jan. 7.
The company said it has no plans to open other restaurants beyond that, per the report.
“We want to understand restaurants’ pain points with the aim of solving them, and to do this by having a deep understanding of restaurant owners’ mind-set,” a Deliveroo spokesperson told the media outlet.
At this location, Deliveroo staff will learn how to manage a restaurant that offers both dine-in service and delivery.
According to the report, the company already runs nearly 300 “dark kitchens” or “ghost kitchens” where multiple restaurant brands prepare food exclusively for delivery
In November, Deliveroo formed an agreement with French frozen food company Picard Groupe SAS to provide express deliveries in more than 100 cities throughout France.
In September, Deliveroo began working on fast grocery deliveries, opening a “dark store” in London in partnership with supermarket chain Morrisons.
The service is called Deliveroo Hop and will compete with several other grocery delivery startups that have become popular in the U.K.
https://www.pymnts.com/news/delivery/2022/deliveroo-plans-to-open-a-pizza-joint-in-the-uk/
Nuri123a
" its not tech - its just a food bicycle service."
Deliveroo collects DATA and masses of it..which has A LOT of value ....
Clearly you haven't a clue of what that is or what it could be used for or by whom......of course thankfully others do...
Its a bicycle service - reminds me of those cyclists in communist china... its not tech - its just a food bicycle service. 50 pence is more than fair value for a business that makes nothing.
Merely chasing for a low.....in order to set the next trading cycle .....
Q4 Trading Update - 20th January 2022
ROO has been an absolute shocker. A takeover premium on the current sp would be £2.20. Feel sorry for the lads and ladettes who bought in at the top
Downward spiral to hell.
I'm in for this for the long run... no need to keep trying to pump up replying to your own message.
Chill.
Bump it up £3 very very soon
Anything below £2 is top up time easy money
The market share has been going up not down
This will be £3 very very soon
They took their time with Amazon Pharmacy before launching.....incidentally I would have thought local deliveries from Pharmacies would be a good connection for Deliveroo ?
With Tik Tok and Grubhub invading their home space, Amazon must feel compelled to compete, and they definitely want to be in the last mile delivery space, or they would not have invested in Amazon Restaurants/Deliveroo in the first place. Effectively Amazon has to get the last mile delivery strategy sorted or it could undermine their whole business.
Their initial failure with Amazon Restaurants means that what they clearly saw as a business model that would work, actually failed, which they are not used to. They could have thrown money at it to resolve the issues, but decided their approach and strategy was fundamentally flawed & so withdrew. A very brave decision to close it down and walk away, but the reality is that they have probably withdrawn to regroup & come up with a strategy that will work.
Amazon has had plenty of time to sit back and appraise and evaluate this rapidly developing, fragmented & ultra-competitive market, look at lessons learned etc and the driving imperative must be that they need to commit to entering the market sooner rather than later. Amazon spent $8.45 billion on MGM, so the fall from favour of Deliveroo must make it vulnerable, if it is right for them.
getafgrip
The Amazon investment angle is of interest to me .....Amazon tried and closed Amazon Restaurants (USA), and Daily Dish(USA) , and have Amazon Food (Bangalore,India) .....and they are no doubt learning an awful lot about Deliveroo ..
They tend to do a lot behind the scenes and learn fully about a market...and then.... launch their offer ...
Their involvement here as a strong investor and having Devesh Mishra on board is a very interesting proposition
TikTok starting their trial US food delivery idea with Grubhub, launching in March, will be interesting to follow too
https://techcrunch.com/2021/12/17/tiktok-is-launching-delivery-only-restaurants-across-the-u-s-in-march/