.Deliveroo_SG hired 1,000 riders in April amid covid19 food delivery surge
Since January, 700 new restaurants have joined the firm, with another 200 expected to be added in the next two weeks, Deliveroo Singapore said.
The company noted that it is closely monitoring rider figures to"avoid an oversupply of riders and to protect rider earnings". In a press statement on Monday, Deliveroo said that the highest amount a rider earned in March was S$7,095,"demonstrating the earning potential of being a Deliveroo rider in Singapore".
According to Deliveroo's 2019 Annual Rider Survey, the company's riders in Singapore are young, with nearly half under 25 years old. Nearly three-quarters, or 72 per cent, ride part-time with Deliveroo and have at least one other source of income.provisionally backed Amazon's investmentDeliveroo first announced the US$575 million funding round led by Amazon in May last year, but the Competition and Markets Authority was initially worried that the deal could be bad for competition.
"Deliveroo recently informed the CMA that the impact of the coronavirus pandemic on its business meant that it would fail financially and exit the market without the Amazon investment," the UK regulator said, according to a Bloomberg report.
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