US$12.3 TRILLION out of thin air…
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Sales on the group’s food delivery platform surged last year as stuck-at-home consumers’ options for delivery were limited. With restaurants open again, I thought activity on the platform would drop.
As it turns out, this has not happened.
Growing sales
According to a trading update published by the company last week, order volumes on the platform have continued to increase. Orders grew 88% year-on-year at the group level to 78m in the second quarter of 2021. Orders in the UK and Ireland grew 94% year-on-year to 38m.
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