Deliveroo to quit Hong Kong

Deliveroo Exits Hong Kong Under Pressure From Meituan’s App
Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition in the city weighed on the company’s international division. Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice,
UK's Deliveroo says quits Hong Kong market
Food delivery firm Deliveroo said Monday that it would end operations in Hong Kong next month after striking a deal with local competitor foodpanda. Deliveroo will close its operations by selling some assets to Singaporean firm foodpanda and by closing other assets,
Deliveroo bows out of Hong Kong, selling assets to rival Foodpanda
On-demand food delivery platform will shut on April 7; company cited tough competition and financial losses as reasons for closure.
Deliveroo Exits Hong Kong In Face of Meituan Rivalry
Deliveroo Plc will close its Hong Kong business after weak sales in the city weighed on the company’s international division. Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice,
Deliveroo ‘underappreciated’ after Hong Kong exit
London broker Panmure Liberum has described takeaway giant Deliveroo as “underappreciated” after its Hong Kong exit. It added that concerns the company could be pushed out of other international markets by better-funded competitors were “noise”.
Deliveroo is exiting Hong Kong with its last day of operations on April 7
It’s a sad day for everyone. Deliveroo, one of the biggest food delivery platforms in Hong Kong, has just announced that it will be exiting Hong Kong. Its last day of operations will be on April 7.
Deliveroo called 'underappreciated' after quitting Hong Kong as rivals 'muscle it out'
Analysts at Panmure Liberum said Deliveroo's exit from Hong Kong was a "sensible" move as concerns the company could be pushed out of some international markets by better-funded rivals were "noise"
UK food delivery firm Deliveroo to exit Hong Kong
(Reuters) -British meal delivery company Deliveroo said on Monday that it will exit its Hong Kong operations by selling some assets to Delivery Hero's foodpanda for an undisclosed amount, and by closing other assets.
Deliveroo to pull out of Hong Kong
British online food delivery company Deliveroo will pull out of the Hong Kong market next month, after nine years. It told customers it was unable to provide a “great service,” while a press release said continued operations in Hong Kong did not serve their shareholders.
The Business Times5d
SGX expands HK depository receipts with Ping An, Xiaomi and Meituan
SINGAPORE investors can now directly invest in three Hong Kong blue-chip stocks – Ping An Insurance, Meituan and Xiaomi – via ...
BYD raises $5.59 billion in share sale, Hong Kong's largest in four years
BYD said the transaction was the largest equity follow-on offering globally in the automotive sector in the past decade.
SGX Adds 3 More Hong Kong Singapore Depository Receipts: Here’s All You Need to Know
These three additional stocks will further expand investor access to more regional companies. The post SGX Adds 3 More Hong ...
ET Retail on MSN5h
UK's Deliveroo says it has quit Hong Kong market
Food delivery firm Deliveroo said Monday that it would end operations in Hong Kong next month after striking a deal with ...
The Business Times5h
UK's Deliveroo quits Hong Kong market
HONG KONG] Food delivery firm Deliveroo said on Monday (Mar 10) that it would end operations in Hong Kong next month after striking a deal with local competitor foodpanda. Read more at The Business ...