Deliveroo plans £50m communities fund

UK same-day delivery company Deliveroo has announced a new £50 million Communities Fund designed to support partner restaurants, communities and its delivery riders. It is to be launched after Deliveroo’s planned IPO.

Over five years the fund will recognise the importance of the three things that have made the company succeed – the partner restaurants, the communities it serves and the riders that make it all happen.

As restaurants re-open to seated customers after the pandemic, the money would give support in the logistics of making that support. It would help those restaurants with marketing.

In community outreach, Deliveroo plans to support those who have difficulty affording food due to their situation. It will also support frontline workers in the NHS by giving out 800,000 free meals to them.

Riders that have worked particularly hard for the company will be offered support in buying new electric motorbikes and e-cargo-bikes for their work. This would go towards greening the Deliveroo delivery fleet.

CEO and founder of Deliveroo, Will Shu, said: “Customers, restaurants and riders are at the heart of their local communities. And that’s what we care about too. Being recognisable in the community isn’t enough. Being part of local communities is what matters. That’s why we are making this announcement today. We want to support the initiatives that matter most to our riders, restaurants and riders.”

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