Deliveroo posts £19m loss despite £1bn revenue as Doordash takeover costs bite

Deliveroo has reported a £19.2 million loss for the first half of 2025, despite an 8% rise in revenues to £1 billion, as costs linked to its £2.9 billion takeover by US rival DoorDash weighed on its results.

The loss marks a reversal from the £1.3 million profit recorded in the same period last year, which was the London-listed food delivery company’s first-ever profit. Deliveroo said the downturn was driven by “higher exceptional items” tied to the acquisition, which was announced in May and is expected to complete later this year.

Excluding one-off expenses, Deliveroo reported a tax-adjusted profit of £31.8 million for the six months to 30 June. The company highlighted risks to its operations including cybersecurity threats, increasing competition, changing market conditions and regulatory challenges.

Once the DoorDash deal completes, Deliveroo will delist from the London Stock Exchange – another blow for the UK market – and operate under the San Francisco-based group’s ownership, pending final regulatory approvals.

Chief executive and founder Will Shu said the business continued to improve customer engagement, with “order frequency and retention” rising across all cohorts.

“Today, both growth and profitability are accelerating,” Shu said. “I’m excited for what the partnership with DoorDash can bring in the future. They will be an excellent partner for everyone at the company, as well as for our consumers, merchant partners and riders.”

Rumours of the takeover, which began circulating in April, have lifted Deliveroo’s share price from 123.4p at the start of that month to 177.3p today, giving the company a market value of £2.65 billion.

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Deliveroo posts £19m loss despite £1bn revenue as Doordash takeover costs bite