💨 Abstract

Deliveroo, a meal delivery company, has delayed its margin growth target due to slower consumer confidence recovery. Despite recording its first year of profit and positive cash flow, shares dropped by 9% on Thursday, erasing a year's worth of gains. The company made a profit of £2.9 million in 2023, up from a loss of £31.8

Courtesy: theprint.in

Summarized by Einstein Beta 🤖