Deliveroo confirms Dutch exit next month • TechCrunch

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Deliveroo has confirmed its exit from the Netherlands after an announcement this summer They were consulting on withdrawing from the market.

in statement Today, the on-demand delivery app said that its consultation concluded to achieve and maintain a high market position in the market It would require a “disproportionate level of investment with highly uncertain long-term potential returns” – with Deliveroo stressing that the market accounted for just 1% of its total deal value (GTV) in the first half of this year.

“The decision to terminate operations in the Netherlands reflects the company’s disciplined focus on continuing to maximize returns on resource investment while achieving current profitability targets against a challenging economic backdrop,” she said, referring to the downturn that led to future losses. Players hand over the request.

Termination decision It added that operations in the Netherlands do not affect the full-year guidance previously reported on the group’s annual GTV growth and gross margin.

Deliveroo’s last operating day in the Netherlands will be November 30.

She also said that compensation packages had been agreed upon with staff and passengers during the consultations.

Commenting in a statement, Eric French, chief business officer of its international unit, added: “We want to thank all the riders and catering partners who have worked with Deliveroo in the Netherlands, as well as our customers. The company is proud to partner with some of the best restaurants, grocers and jockeys in the Netherlands. We are grateful to our employees for their commitment To the company and everything they have done. We also thank the many riders who have chosen to work with us for their hard work and are happy to agree on appropriate compensation packages for them and our employees.”

With its exit from the Netherlands, Deliveroo’s operating footprint will be reduced to ten markets – with service remaining in Australia, Belgium, France, Hong Kong, Italy, Ireland, the Netherlands, Singapore, the United Arab Emirates, Kuwait and the United Kingdom.

Dutch app users in big cities like Amsterdam have a number of competing options for ordering a hot meal or quick groceries via their smartphone – from on-demand delivery operators like UberEats, Gorillas and Flink – although there is also the express commerce space as well. Weathering in difficult timesMore service flows cannot be ruled out in the near term.

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