Venture Capital Funded Startup Deliveroo Exits German Market

Today, 12 August, UK food delivery app Deliveroo announced to pull out from Germany on 16 August. It currently collaborates with 2000 restaurants and more than 1100 self – employed delivery riders, havin 100 employees in the country. The venture capital funded Deliveroo entered the German market four years ago facing fierce competition such as the Dutch The London-based company did not state a specific reason for its withdrawal, although it is specified they do not rule out coming back to Germany in the future. For the time being, their efforts focus to grow operations in other markets, in […]

Read More »