Food Delivery Platforms Lose $20 Billion as Diners Cut Back
Food delivery platforms have reportedly seen more than $20 billion in losses since going public due to slowing consumer spending.
Source: pymnts.com
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Food delivery apps rack up €18.5bn in losses in fierce battle for diners
Deliveroo, Just Eat, DoorDash and Delivery Hero put new focus on profits, despite slower growth following the pandemic
Source: irishtimes.com
DELIVERY HERO : Gets a Buy rating from Jefferies
In a research note, Jefferies analyst Giles Thorne has maintained his recommendation on the stock with a Buy rating. The target price differs slightly and is now set at EUR 61.50 versus EUR 62.
Source: marketscreener.com
DELIVERY HERO : Receives a Buy rating from Jefferies
In his latest research note, analyst Giles Thorne confirms his positive recommendation. The broker Jefferies is keeping its Buy rating. The target price is unchanged at EUR 68.
Source: marketscreener.com
Virtual Deliveroo driver is tracking workers' earnings
Jefferies equity analyst once made actual deliveries for research but now simply monitors orders on the company’s app
Source: thetimes.co.uk