Deliveroo to double business teams after success of corporate scheme

Keiligh Baker's picture
by Keiligh Baker

Food delivery startup Deliveroo is preparing to double staff numbers in its business teams to 200 globally by the end of this year following the success of delivering to corporate companies in the City.

Founded in the summer of 2015, Deliveroo for Business has proven itself to be a solid revenue-generator for the company.

“It’s essentially our product for corporations, big and small,” Deliveroo’s UK managing director Dan Warne told City A.M.. “We have a whole host of different types of businesses that use it.”

“It’s expanded exponentially for us over the last few years,” says Warne. “We wouldn’t be doubling the size of the team if we didn’t see this as a major priority for the company.”

He adds: “We have more than 10,000 businesses on the platform today, and we’re going to continue to grow that because we see a lot of appetite in that product.”

CITY A.M. reports London has been one of Deliveroo for Business’ most successful markets so far, though the likes of Hong Kong and Dublin are catching up fast.

Deliveroo was founded in 2013 by Will Shu, a banker in the City of London who was dissatisfied by the range of food he could get delivered. He created the app, which connects restaurants with riders working ad-hoc, and then with customers, creating a rapidly-growing and highly popular service.

Shu remains CEO, and has expressed no desire to sell it on. Rumours circulate about ride-hailing giant Uber making moves for Deliveroo’s acquisition, but sources have told Business Insider that it would take an offer of at least $4 billion.