Deliveroo Holdings PLC traded at 179.80 this Thursday October 2nd. Looking back, over the last four weeks, Deliveroo Holdings lost 0.50 percent. Over the last 12 months, its price rose by 15.93 percent. Looking ahead, we forecast Deliveroo Holdings PLC to be priced at 176.19 by the end of this quarter and at 165.77 in one year, according to Trading Economics global macro models projections and analysts expectations.
Deliveroo plc is a United Kingdom-based company which provides delivery service through its online platform. The Company is involved in offering an on-demand delivery service via a hyper-local three-sided online marketplace. It connects consumers, riders and restaurant, grocery and retail partners across local markets to bring people the products. The Company works with approximately 182,000 restaurants and grocery partners, as well as around 135,000 riders to provide the food delivery services. It covers a range of cuisines and price options, with access to approximately 158,000 restaurant partner sites globally and approximately 18,000 grocery partner sites. Its Plus subscription program provides benefits to the consumers with free delivery and additional rewards. It has built a diverse base of approximately 176,000 merchants. It operates across 10 markets, including Belgium, France, Hong Kong, Italy, Ireland, Kuwait, Qatar, Singapore, United Arab Emirates and the United Kingdom.