Deliveroo has reported a strong first half of 2025, with double-digit profit growth and a surge in customer orders, as the platform prepares to complete its £5bn acquisition by US giant DoorDash later this year.

The delivery giant’s group orders rose 8% to 147 million, helping gross transaction value (GTV) climb 9% to £3.8bn. Revenues also rose 8% to £1.05bn, driven by resilient consumer demand and new partnerships across restaurants, grocery and retail.

The UK and Ireland saw 10% GTV growth, with international markets up 9%, although softness in France offset gains in the UAE and Italy.

The group’s adjusted EBITDA jumped 46% to £96.3m, improving its profit margin to 2.5% of GTV, up from 1.9% last year. Free cash flow more than quadrupled to £46.3m.

However, Deliveroo posted a £19.2m loss for the period, compared to a £1.3m profit a year ago, due to exceptional costs linked to the DoorDash deal. Excluding those, underlying profits reached £31.8m.

CEO Will Shu said: “Our long-term focus on improving the consumer value proposition is paying off. Today, both growth and profitability are accelerating.”

He added that the upcoming DoorDash partnership would be “an excellent fit” for the business, riders, merchants and customers.

Deliveroo said it expects to close the acquisition in Q4 and has narrowed its full-year forecasts to the upper end of previous guidance, with GTV set to grow in the high single digits and adjusted EBITDA between £170m and £190m.

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