Deliveroo Class (ROO)

Sector:

IT Services

141.20p
   
  • Change Today:
      1.40p
  • 52 Week High: 147.00
  • 52 Week Low: 100.10
  • Currency: UK Pounds
  • Shares Issued: 1,626.66m
  • Volume: 1,306,380
  • Market Cap: £2,296.84m

Waitrose, Deliveroo announce two-year delivery partnership

By Caoimhe Toman

Date: Tuesday 27 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Waitrose and Deliveroo announced on Tuesday a two-year partnership to expand delivery service with 110 new locations after a successful trial.


Waitrose said in a press release it would expand its Deliveroo service across the country with up to 400 new Waitrose shop roles created by the expansion plan.

The partnership 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 13m.

Deliveroo customers will be able to order from an increased range of between 750 to 1,000 products and have it delivered in as little as 20 minutes from Waitrose shops in Scotland, the North West, North East, Midlands, South West, South East and London.

New locations on Deliveroo for the planned expansion include shops in Cheltenham, Lincoln, Exeter, York and Sheffield.

The announcement comes after a trial between both companies where Waitrose offered its products from five stores on Deliveroo in September last year. It is currently available from 40 shops.

After a successful trial where sales of Waitrose products through Deliveroo have been strong, both companies expect to attract new and younger customers.

The expanded range of products includes free-from, dairy alternatives, vegan ranges, flowers and gifts, as well as a selection of product bundles for even greater convenience, including steak dinners, treats such as profiteroles and Prosecco or meals for seasonal occasions.

James Bailey, Executive Director for Waitrose, said: "We have grown our online business at pace in the last year, responding to huge demand for online groceries and offering more choice in when and how people want to shop with us.

"We know convenience is key for many of our customers and the expansion of the service with Deliveroo will play an integral role in helping us make Waitrose food more convenient than ever before."

Carlo Mocci, Chief Business Officer UKI, Deliveroo said: "As we expand further across the country, this partnership will mean more choice and selection for our customers, delivered in as little as 20 minutes, and will create even more work for riders right across the UK."

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ROO Market Data

Currency UK Pounds
Share Price 141.20p
Change Today 1.40p
% Change 1.00 %
52 Week High 147.00
52 Week Low 100.10
Volume 1,306,380
Shares Issued 1,626.66m
Market Cap £2,296.84m

ROO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
46.56% below the market average46.56% below the market average46.56% below the market average46.56% below the market average46.56% below the market average
23.46% below the sector average23.46% below the sector average23.46% below the sector average23.46% below the sector average23.46% below the sector average
Price Trend
64.56% above the market average64.56% above the market average64.56% above the market average64.56% above the market average64.56% above the market average
51.65% above the sector average51.65% above the sector average51.65% above the sector average51.65% above the sector average51.65% above the sector average
Income Not Available
Growth
8.29% below the market average8.29% below the market average8.29% below the market average8.29% below the market average8.29% below the market average
22.35% below the sector average22.35% below the sector average22.35% below the sector average22.35% below the sector average22.35% below the sector average

ROO Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
16:35 661,016 @ 141.20p
16:35 416 @ 141.20p
16:35 1,176 @ 141.20p
16:35 1,913 @ 141.20p
16:35 1,910 @ 141.20p

ROO Key Personnel

Chair Claudia Arney
CEO Will Shu
CFO Scilla Grimble

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