RE: Impressive news29 Apr 2021 08:36
There is great potential in this company and it will grow! What I liked about the RNS on the 27th April was that it mentioned the following!
Waitrose has today (27th April) announced that it will expand its Deliveroo service to 110 new shops across the country with up to 400 new Waitrose shop roles created by the expansion plan.It will increase the number of Waitrose shops on Deliveroo to 150 in total by the end of the summer and is expected to take the number of people who are able to enjoy Waitrose food on Deliveroo to around 13 million. The partnership is a central part of Deliveroo's expansion strategy across the UK, currently at 60% of the UK population, as the company aims to build the best proposition to attract new consumers, restaurants, grocers and riders throughout 2021.
The share price in my opinion is under valued!