Deliveroo to exit loss-making market after 9 years

Deliveroo is to exit its Hong Kong operations through a sale of certain assets to foodpanda and the closure of other assets. The online food delivery company, headquartered and listed in London, said the market it entered nine years ago was loss-making. In 2024, Hong Kong represented 5% of group GTV and had a 5 … Continue reading Deliveroo to exit loss-making market after 9 years