Deliveroo: Delivery group posts profit, launches buyback amid ‘encouraging’ signs in consumer behaviour

Deliveroo posted a profit of £1m in the first half of 2024, rebounding from a loss of £83m in the same period last year. Gross transaction value (GTV) came in just under £3.7bn, up five per cent year on year from £3.5bn. The food delivery app, which also reached a positive free cash flow of [...]