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Companies

Didi to shut food delivery business in Japan

Majority of 200 employees to be laid off, two years after entry into market

Chinese ride-hailing company Didi Global is shuttering its Japan food delivery business after just two years.   © DiDi/AP

TOKYO -- Chinese ride-hailing company Didi Global is shutting down its food delivery business in Japan, the latest sign of retreat as it prepares for a delisting from the U.S.

DiDi Food Japan, the subsidiary running the food delivery service, on Wednesday said it will shut down the business on May 25. It launched the business in April 2020 in Osaka and has since expanded to nine prefectures, according to its website.

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