By John Glenday

Meal delivery service Deliveroo has posted a rise in revenue to £130m this year on the back of an ever increasing share of the population ordering fast food online.

On an annualised basis this represents growth of a startling 1,000 per cent, justifying a rapid roll-out to 65 cities, taking a £2.50 cut for every meal it delivers.

Deliveroo’s business model sees it pay self-employed cyclists and drivers to deliver food from major restaurant chains such as Pizza Express and Gourmet Burger Kitchen direct to people’s doors, with customers simply using a website or smartphone app to select their desired meal.

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Source: The Drum