SeaPRwire

Deliveroo Singapore to help 200 riders upgrade to e-bicycles by sponsoring up to 50% of costs

aseanpr
2 minutes

SINGAPORE - Deliveroo Singapore will sponsor up to 50 per cent of the cost of a new power-assisted bicycle (PAB) to ease the financial burden of 200 riders looking to upgrade their vehicles. The food delivery company announced the pilot of this initiative, known as the Power-Assisted Bicycle Upgrading Subsidy Scheme, on Tuesday (Oct 12). The programme will enable walkers and cyclists to convert their mode of delivery to an electric bicycle so that they can increase their earnings by making more deliveries in a shorter time. In October, 200 riders will be invited to join the scheme. Deliveroo will pay for up to 50 per cent, with a $500 cap, of selected Land Transport Authority-compliant PAB models from two suppliers, Mobot and Falcon PEV. Mr Ong Zhi Hao, 29, a Deliveroo rider who will be taking part in the subsidy scheme, said he did not have the financial means to purchase an electric bicycle. "Now, with my savings coupled with Deliveroo's help, I am glad to be able to upgrade to a PAB to deliver more orders to customers and boost my income in a safe manner," he said. The $100,000 initiative is funded by Deliveroo Singapore's global community fund. The shortlisted riders will be ab...

SeaPRwire

Deliveroo strikes to precede London share listing

elean
4 minutes

LONDON (AFP) - The meal delivery platform Deliveroo is bracing for strikes and other social actions by disgruntled riders as it gears up for a major London stock listing. Tipped as possibly the biggest stock market flotation in London for a decade, the group has come under fire for employment conditions that have already scared off a couple of large institutional investors. In Britain, where Deliveroo is based, a group of riders who are not affiliated with a trade union planned to stage a strike on Sunday. Others who have joined the IWGB union of independent workers say they will stage an action on April 7, the day that Deliveroo shares are to be made available to small shareholders. Large investors are to have a head start on buying the company's stock a week earlier. The eight-year-old delivery platform hopes for a market capitalisation of between £7.6 billion and £8.8 billion (S$14 billion - S$16.3 billion). Deliveroo's 100,000 riders deliver meals for 115,000 restaurants in 800 cities across the world. In France, two trade unions, the ITF and CGT, have called for Deliveroo riders to mobilise on Friday, with strike calls in Bordeaux, Lyon and Toulouse. The international network ...