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We have completed a new $180m Series H fundraise from existing investors, led by Durable Capital Partners LP and Fidelity Management & Research Company LLC, valuing the business at over $7bn. Will Shu, founder and CEO of Deliveroo, said: "At Deliveroo we are always focused on developing the best proposition for consumers, riders and restaurants. This investment will help us to continue to innovate, developing new tech tools to support restaurants, to provide riders with more work and to extend choice for customers, bringing them the food they love from more restaurants than ever before. We are really pleased our shareholders see the opportunity and growth potential ahead of us."
Will Shu said that Deliveroo has been profitable at the operating level for the last six months.
We're excited to launch Deliveroo Table Service, our new contactless dine-in feature which provides customers with a safe and convenient way to eat in at local restaurants, pubs and cafes. Enjoy a contact-free service with minimal interactions, all through the app.
Amazon leads a $575m investment in Deliveroo
"Stateside investors Fidelity and T. Rowe Price have agreed to put money into the UK-based start-up as part of a deal which values the company at over $2bn (£1.48bn)." Read about our latest round of funding here.
"Passwords are a pivotal tool in customer account security, however they are frequently at risk from 'reuse' - people choose one or two passwords and then use them everywhere, which brings a host of security problems…" Deliveroo's Principle Engineer Alec Muffett has been very proactive in taking steps to reduce security risk and is helping customers become more conscious of their password behaviour. Check out the blog post for more.
Catrin Nye from the BBC covers our new rider safety measures and sits down with UK and Ireland Managing Director Dan Warne to discuss the issue.
Business Insider takes a look inside our new global headquarters as we head towards our goal of 300 additional engineers before the end of the year.
BBC News has covered our partnership with TripAdvisor so customers can now order through Deliveroo by clicking the ‘order online’ button on a restaurant page. Congrats to the team for launching this across 12 countries and 20,000 restaurants!
The Guardian released an amazing piece on one of our riders in York and went into how riding with Deliveroo has benefitted him. Well worth the watch and well done Keran!
