Deliveroo, the prominent food delivery firm, has unveiled its expansion into several new locations in Qatar, encompassing Lusail, Old Airport, Nuaimi, Maamoura, Al Rayyan, and Umm Salal. This strategic move broadens Deliveroo’s reach to over half a million individuals, catering to their culinary desires.
Seham AlHusaini, the General Manager of Deliveroo Qatar and Kuwait, expressed enthusiasm about the expansion, stating, “We are delighted to announce our foray into new areas across Qatar. Through this expansion, our aim is to seamlessly connect customers with their favorite restaurants and introduce an array of diverse food options right to their doorstep.”
Deliveroo initially launched its services in Qatar in September of the previous year, operating in Doha, Pearl, and Westbay, while establishing partnerships with both local and international eateries. Recently, the company introduced two noteworthy corporate social responsibility (CSR) initiatives in Qatar: a sustainability program and the ‘Full Life’ campaign, which focuses on combating food insecurity.
In terms of financial performance, Deliveroo reported a 4% increase in revenue during the first quarter of its fiscal year, as disclosed in April. Although the company experienced a slight 1% decline in gross transaction value (GTV) compared to the corresponding quarter of the previous year, its operations in the United Kingdom and Ireland (UKI) region exhibited robust performance. In constant currency terms, revenue and GTV in the UKI region witnessed growth of 11% and 6% respectively.
However, Deliveroo faced more challenging conditions in its international business sector, where revenue and GTV declined by 5% and 9% respectively, when measured in constant currency.