Deliveroo's added over $452 million in revenue to Australian economy: report
The food delivery company helped to create nearly 8,000 additional jobs across the country.
Deliveroo has supported the generation of $452 million in revenue and $209 million in gross domestic product (GDP) in Australia.
According to a new report by economic consultants Capital Economics, the delivery company contributed to the creation of nearly 8,000 additional jobs in the restaurant sector. These jobs are in addition to the work Deliveroo creates for its 6,500 riders, as well as an Australian office with 140 staff.
The report also found that during the 2017/2018 financial year, Deliveroo’s Australian operations supported $61 million in employee tax revenue and $59 million in corporation tax revenue paid in Australia. This is tax that was paid by Deliveroo’s direct employees, restaurant partners and their suppliers as a result of the company’s spending in Australia.
Deliveroo currently partners with more than 10,000 restaurants across Australia and predicts this number will rise to 17,000 by the end of the year.
The report has projected Deliveroo could support more than 31,000 jobs in the region and $696 million of economic output in Australia by 2020.
Globally, Deliveroo supported $5.2 billion in revenue and $2.3 billion in GDP across its markets, leading to 67,000 additional jobs, 59,000 of which are in the restaurant sectors of the markets in which Deliveroo operates.
