Deliveroo GTV reaches £1.7bn in Q3
In UKI, GTV growth reached £1bn, a 7% increase year-on-year, with order growth improving to 2%

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Deliveroo saw its gross transaction value (GTV) increase 6% to £1.7bn in the third quarter as the company maintains its full year guidance.
Total orders increased 2%, while GTV per order was up 4% in constant currency and revenue increased 4% to £498m.
In UKI, GTV growth reached £1bn, a 7% increase year-on-year, with order growth improving to 2% as the group made progress on its initiatives in a “more stable but still uncertain consumer environment”. UK revenue increased 4% to £308m.
In the international segment, GTV rose 4% YoY to £680m, impacted by the temporary disruption in France as a result of the Olympics. Elsewhere, UAE and Italy continued to grow “strongly”, while Hong Kong lagged behind due to the difficult competitive environment. Revenue remained the same as Q3 2023 at £190m.
The food delivery company has reiterated its full year guidance expecting GTV growth to be in the range of 5-9% and adjusted EBITDA to be in the upper half of the £110-130m range.
Will Shu, founder and CEO of Deliveroo, said: “Our results demonstrate another solid quarter of growth with a 6% year-on-year increase in GTV. UKI growth remains healthy, with improving order trends and overall we are pleased with the underlying growth in International, driven by the UAE and Italy.
“There are many exciting opportunities ahead for the on-demand delivery industry. With our market-leading CVP, our pioneering approach to new verticals and our continuing work on loyalty, price integrity and service, Deliveroo is well-positioned to capture the significant growth potential in an industry still early in its maturity.”