Groceries and retail accounted for about one-sixth of order income last year, but founder Will Shu said this could reach 50% or more.

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Investors sold shares amid concerns a national ticketing app could hurt the firm’s current dominant position in the market.

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The delivery giant, which has been branching out from takeaway food to groceries, said the UK is facing an ‘uncertain’ consumer environment.

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The Competition and Markets Authority said the tech giants’ duopoly was ‘not working well, and this is holding back innovation’.

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The US president imposed global tariffs on steel and aluminium heading into the US on Tuesday night.

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Experts warned against ‘the siren calls of protectionism’ amid fears the latest trade war escalation could derail economic growth.

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The low-cost gym operator said it plans to open 16 more sites across the UK this year.