Deliveroo Reports Huge Losses

delivery company Deliveroo have recently reported huge losses in the food delivery business according to it's latest accounts.

The company has recently become insanely popular among my individuals as the offer home delivery services to people for restaurants that don't usually deliver such as Nandos, McDonald's and KFC. Deliveroo is now going worldwide with over 12 locations in different countries across Europe and Asia.

The amount of staff on Deliveroo has also spike due to the huge popularity with the amount of riders going from 5,700 to around 27,000 in just one year.

However the company reported losses of 129 millions pounds in 2016 which was a huge increase from the 30 million pound losses reported in 2015.