Delivery Hero continues geostrategy optimization and exits Thailand

0
4KB

Delivery Hero SE, the Germany-based delivery platform, announced Wednesday that foodpanda, its Asia-based business, will stop operating its platform, food and grocery delivery services in Thailand on May 23, 2025.

Delivery Hero said in a statement that this decision is in line with Delivery Hero’s focus on optimizing its geostrategy – as shown by the previous discontinuation of operations in countries such as Denmark, Ghana, Slovakia and Slovenia.

It said Delivery Hero will continue concentrating efforts in other parts of APAC where the Group sees greater return.

The Company’s regional team which provides services such as marketing and people operations for the Asia-Pacific region, and is based in Thailand, will continue to operate as usual.

“Delivery Hero thanks its employees, customers, partners and riders in Thailand and is committed to supporting them during the transition period,” said the statement.

Delivery Hero is the world’s local delivery platform operating its service in around 70 countries across Asia, Europe, Latin America, the Middle East and Africa.

The company started as a food delivery service in 2011 and today runs its own delivery platform on four continents.

Additionally, the firm is pioneering quick commerce, the next generation of e-commerce, aiming to bring groceries and household goods to customers in under one hour and often in 20 to 30 minutes.

Headquartered in Berlin, Germany, Delivery Hero has been listed on the Frankfurt Stock Exchange since 2017 and is part of the MDAX stock market index.

 

#FoodpandaExitThailand #DeliveryHeroStrategy #ThailandFoodDelivery #MarketExit #APACBusinessShift

Gesponsert
Suche
Gesponsert
Kategorien
Mehr lesen
Food
Baked Brie with Fig Jam
Creamy Brie cheese baked in a puff pastry crust with fig jam on top is a spectacular appetizer...
Von Recipes 2025-05-04 05:56:33 0 4KB
Networking
CGC Digital, Funding Societies, and FarmByte team up to support agricultural financing in Malaysia
Malaysia-based fintech firm CGC Digital, Singapore-based financing platform Funding Societies |...
Von Ifvex 2025-02-12 20:27:30 0 6KB
Food
East Ventures incubated company Fore Coffee’s IPO oversubscribed over 200 times
PT Fore Kopi Indonesia Tbk (Fore Coffee), an Indonesia-based premium affordable coffee chain,...
Von Ifvex 2025-04-14 04:35:38 0 4KB
Shopping
Google Pay rolls out integration of eWallets – ShopeePay and TNG eWallet in Malaysia
Google has on Tuesday announced the integration of ShopeePay and TNG eWallet (an Alipay+ Partner)...
Von Ifvex 2025-04-25 09:02:50 0 4KB
Networking
Analysts see US AI chip export curbs has limited impacts on Malaysia’s tech space
The United States artificial intelligence (AI) chip export curbs has limited impacts on...
Von Ifvex 2025-01-10 12:31:34 0 7KB
Ifvex https://ifvex.com