The latest Deliveroo accounts have shown a total of £129 million worth of losses in 2016 – up by £30 million from 2015.
Whilst Deliveroo sales had increased by £18.1 million, the delivery group was left with small profits after funding an international expansion plan.
The app now operates in 12 countries including Singapore and has seen an increase of riders between 2015 and 2017 by over 15,000.
“Deliveroo is investing heavily in new technology and new sites across the world, including our innovative delivery-only Editions kitchens programme.” said a company spokesman in a statement.
“Deliveroo is going from strength to strength, with revenue jumping by over 600 percent across our global markets in 2016.”
‘We are extremely proud that in only four years Deliveroo now works with over 30,000 riders and 20,000 restaurants to deliver great-tasting food in over 140 cities around the world.”
The delivery company are chasing rapid expansion and competition with rivals such as UberEats, which has led to a rapid rise in administration costs.
Deliveroo remains part of the “gig” economy, where the group does not hire riders directly but pays them per delivery.
In July Deliveroo said if UK laws were changed, it would pay sickness and injury benefits to riders.
The group said UK employment rules should change so people who work in the gig economy and are on controversial zero-hour contracts, they can still receive benefits and not lose flexibility in the workplace.
“Central to our popularity with riders and our success as a business is the flexible nature of the work that we offer,” said Deliveroo.
“We want to offer riders more security.
“We believe everyone – regardless of their type of contract – is entitled to certain benefits, but we are constrained in offering these at the moment.”