(Reuters) – Delivery Hero’s Asia-based business foodpanda is to stop operating its platform in Thailand on May 23, the German food delivery firm said on Wednesday. “Delivery Hero will continue concentrating efforts in other parts of APAC where the Group sees greater return,” the firm added. The company’s regional team, which is based in Thailand, […]
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Delivery Hero to exit Thailand
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(Reuters) – Delivery Hero’s Asia-based business foodpanda is to stop operating its platform in Thailand on May 23, the German food delivery firm said on Wednesday.
“Delivery Hero will continue concentrating efforts in other parts of APAC where the Group sees greater return,” the firm added.
The company’s regional team, which is based in Thailand, will continue operations as usual, the company said.
(Reporting by Tristan Veyet in Gdansk, editing by Miranda Murray)