"Will Shu, Deliveroo's founder and chief executive, stated that 'strong growth in groceries' and an expanding product range have enabled the business to 'bring even more of the neighbourhood to consumers' doors.' He highlighted the partnerships with retailers like B&Q and Ann Summers as significant drivers for their profit forecast increase, showcasing how the diversification into groceries is reshaping their operational landscape and boosting consumer accessibility to products."
"Deliveroo's total number of orders increased by 3 percent to 77.5 million during the final quarter of last year, which underlines the growing consumer interest and engagement with their services. The notable contribution from the UK and Ireland, at 43.1 million orders, reflects a solid 5 percent jump compared to the same period last year. This performance signals a recovery trajectory post-pandemic where food delivery services are becoming increasingly relevant."
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