Annual revenue of Deliveroo 2020-2023, by region

Deliveroo's UK and Ireland segment generated over 1.2 billion British pounds in revenues in 2023, double the figure generated in this market in 2020. Deliveroo's international sales have also grown during this period, increasing from around 591 million pounds in 2020 to some 821 million pounds in 2023. Deliveroo's International segment comprises eight markets across Europe, the Middle East, and Asia.

Increasing reach and reducing losses

Deliveroo's latest financial report shows it has significantly reduced its operating loss nearly tenfold, from 294 million British pounds in 2022 to less than 32 million pounds in 2023. While its consumer base witnessed a slight reduction, the number of monthly active consumers reached 7.1 million globally, more than double the figure achieved in 2019. 

Fierce competition

The online food delivery industry is a highly competitive market, where the big companies like Delivery Hero and Uber Eats are expanding their global reach and achieving billions of dollars in revenues. In 2023, Uber Eats was the leading food delivery company worldwide, with more than 12 billion U.S. dollars in revenues. Delivery Hero followed in second, with nearly 11 billion dollars in global revenues.