Deliveroo exits Hong Kong after tough competition from Foodpanda and Meituan's Keeta, which has expanded to Saudi Arabia, with 1M weekly users, per Sensor Tower (Bloomberg)
Bloomberg: Deliveroo exits Hong Kong after tough competition from Foodpanda and Meituan's Keeta, which has expanded to Saudi Arabia, with 1M weekly users, per Sensor Tower — Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition in the city weighed on the company's international division.


Bloomberg:
Deliveroo exits Hong Kong after tough competition from Foodpanda and Meituan's Keeta, which has expanded to Saudi Arabia, with 1M weekly users, per Sensor Tower — Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition in the city weighed on the company's international division.