ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Germany's Delivery Hero to ditch Foodpanda in Japan

Labor crunch, fierce competition push company into regions with more 'potential'

Foodpanda, which entered Japan in September 2020, will exit the country in the first quarter of 2022.

BERLIN (Reuters) -- German food delivery group Delivery Hero said on Wednesday it would scale down its Foodpanda operations in Germany and sell the subsidiary's Japan unit, citing increased competition and labour shortages.

Delivery Hero said Foodpanda would exit Cologne, Duesseldorf, Frankfurt, Hamburg, Munich and Stuttgart, though it had only introduced the brand in Cologne, Duesseldorf and Stuttgart a month earlier as part of a broader expansion programme in Germany.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more