Deliveroo will wind down & exit Singapore after Mar 4

The decision was made following a review of “country-specific” conditions

Food delivery service Deliveroo will cease operations in Singapore after Mar 4.

In a statement on its website today (Feb 25), the platform said that it was exiting the market and would begin an orderly wind-down process.

“This is a difficult decision and follows a review of country-specific conditions, and our focus on investing where we see the clearest path to sustainable scale and long-term leadership,” said the statement.

The company added that it would “work closely” with local teams to support customers, partners and riders through the transition.

It will also exit three other markets

Deliveroo first launched in Singapore back in Nov 2015.

It said the exit was part of a broader review of the company’s international portfolio.

Apart from Singapore, its parent company, DoorDash, said in a separate press release that it will cease operations in three other markets: Qatar, Japan, and Uzbekistan.

It is also implementing limited operational changes in select locations, including investing in certain engineering roles in the United Kingdom.

Vulcan Post has reached out to Deliveroo for comments.

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