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Deliveroo Singapore revenue more than doubles
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Janice Heng
Published Fri, Jul 27, 2018 · 09:50 PM
Singapore
DELIVEROO Singapore's revenue hit S$26.4 million last year, almost 21/2 times its revenue of S$10.9 million the year before, paving the way for it to move from a net liabilities position to a net assets position this year, the firm announced on Friday.
The app-based food delivery service invested S$15 million in its Singapore market last year, fuelling growth in rider- and restaurant-partner numbers.
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