Deliveroo cuts 2022 gross transaction value growth views

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Deliveroo PLC on Monday lowered its full-year gross transaction value growth guidance due to performance in the second quarter and a more cautious economic outlook, and said that its gross transaction value for the first half was 3.56 billion pounds ($4.23 billion).

The U.K. food-delivery company UK:ROOsaid 2022 GTV growth is now expected to be between 4%-12% at constant currency against previous guidance of 15%-25%.

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This article was originally published by Marketwatch.com. Read the original article here.

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