Deliveroo has held its annual profit guidance after order numbers improved.
The rapid delivery service posted a 5% rise in gross transaction value for the three months to September 30, helped by a boost in the number of orders placed by users.
Founder and chief executive Will Chu said: “I’m really pleased with our results and proud of the team’s execution, especially the continued progress on service towards a seamless delivery experience.
“We’ve also made clear progress in promoting value within the app, which remains so important given the tough consumer backdrop.
“We continue to deliver strong performance in the UK and Ireland, and I’m encouraged by the improving growth trends in key international markets. My confidence in our ability to drive growth and deliver on our goals for profitability and sustainable cash flow generation has never been stronger, and I’m excited to share more at our capital markets event on November 29.”
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