Deliveroo Plc will close its Hong Kong business after weak sales in the city weighed on the company’s international division.
Can Keeta, Meituan’s global brand, sustain its low-cost strategy in the Middle East’s highly competitive market?
The deal amounted to HK$40.9m, or at HK$172.2 per share, 1.5% lower than previous close. MEITUAN-W is now trading down 3.66% to HK$168.5, with 29.02 million shares of HK$4.93b ...
Deliveroo says it has nominated liquidators to manage closure of the business and the remainder of its assets.
Meituan, China’s local services platform, is accelerating its global expansion with a renewed focus on grocery retail, ...
The London-based delivery company will sell some assets to rival Foodpanda, owned by Delivery Hero SE, and close other assets ...
On-demand food delivery platform will shut on April 7; company cited tough competition and financial losses as reasons for ...
Agence France-Presse on MSN1d
UK's Deliveroo says quits Hong Kong market
Food delivery firm Deliveroo said Monday that it would end operations in Hong Kong next month after striking a deal with ...
Asian equities were mixed overnight as Indonesia outperformed, Taiwan underperformed, and South Korea was closed for ...
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The deal amounted to HK$178.09m, or at HK$174.7 per share, 1.9% higher than previous close. MEITUAN-W is now trading up 4.9% to HK$179.9, with 15.67 million shares of HK$2.78b ...
Singapore depository receipts allow investors to invest directly in overseas stocks through the SGX. Read more at ...