Deliveroo said that Hong Kong represented 5 per cent of the group's gross transaction value (GTV) in 2024, and had a 5-percentage-point negative impact on international GTV growth.

Deliveroo to quit Hong Kong after nine years ... “We want to thank all our employees, consumers, riders and restaurant and grocery partners who have been involved in our operations in Hong Kong.

Chinese on-demand local services giant Meituan has started recruiting riders in Hong Kong, signalling the company's move to expand in the local food delivery market dominated by Foodpanda and ...

Deliveroo entered Hong Kong in 2015, growing to partner with more than 10,000 restaurants. However, the company has faced mounting competition, rising costs, and shifting consumer behaviour in the ...

Deliveroo's struggles in Hong Kong's highly competitive market are largely due to the rise of rival platforms such as Foodpanda (owned by Delivery Hero) and KeeTa, which is backed by Chinese tech ...

Deliveroo has decided to exit its Hong Kong operations through a sale of certain assets to foodpanda and the closure of other assets. Deliveroo Hong Kong has nominated liquidators to manage ...

Deliveroo Hong Kong’s platform will remain live until 7 April 2025. Deliveroo chief operating officer Eric French said: “We want to thank all our employees, consumers, riders and restaurant and ...

The group’s Hong Kong arm – which represented 5% of group-wide sales by gross transaction value (GTV) last year – remains loss-making on an underlying earnings basis, according to the firm.

(Sharecast News) - Deliveroo said on Monday that it has decided to exit its Hong Kong operations through a sale of certain assets to Foodpanda and the closure of other assets. Deliveroo Hong Kong ...

LONDON: Food delivery giant Deliveroo has revealed it is to pull out of Hong Kong in April after nine years. The UK-based group said it has agreed the sale of some parts of the Hong Kong business ...

The group’s Hong Kong arm – which represented 5% of group-wide sales by gross transaction value (GTV) last year – remains loss-making on an underlying earnings basis, according to the firm.