(Reuters) -British food delivery group Deliveroo on Thursday forecast annual core profit of 170 million pounds to 190 million pounds ($227 million to $254 million), the upper end of its previous
Deliveroo Raises Annual Profit Outlook to Top End of Forecast Range
Deliveroo's Financial Outlook
(Reuters) -British food delivery group Deliveroo on Thursday forecast annual core profit of 170 million pounds to 190 million pounds ($227 million to $254 million), the upper end of its previous forecast range, as more orders on its platform boosted transaction volumes.
Takeover by DoorDash
The London-listed company, which in May agreed a takeover by U.S. rival DoorDash, said the deal was proceeding in line with the expected timeline, with closing projected in the fourth quarter of 2025.
Projected Closing Timeline
($1 = 0.7481 pounds)
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Nivedita Bhattacharjee)
