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The
San Francisco-based delivery company said the decision comes
after a monthslong review of country-specific conditions.
DoorDash said it wants to focus its investments on places were
it can build sustainable scale and long-term market leadership.
“Our priority is supporting our teams and partners through an
orderly transition as we focus on the geographies where we can
offer the best products and build for long-term success,” said
Miki Kuusi, the head of DoorDash’s international division, in a
statement.
DoorDash was a latecomer to some of the affected markets. The
company began operations in Japan in 2021, five years after its
rival Uber Eats. Deliveroo, a U.K. delivery company that was
acquired by DoorDash last year, has only been operating in Qatar
since 2022. That’s almost a decade after Dubai-based Talabat
began making deliveries in Qatar.
DoorDash also faces stiff competition from entrenched rivals
like GrabFood and Foodpanda in Singapore and Russia-based Yandex
Eats in Uzbekistan.
DoorDash said it doesn't expect the actions to impact its
financial guidance. The company's shares rose 5% in midday
trading.
DoorDash is the dominant delivery provider in the U.S., but it
has been playing catch-up to Uber Eats internationally. In
addition to its purchase of Deliveroo, DoorDash acquired Finnish
delivery service Wolt in 2021 to help it expand into Europe.
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