UK – UK delivery startup Deliveroo is considering ending services in Spain due to high costs associated with a recent requirement for food delivery companies to convert their couriers into staff workers. The company said in a statement that it had determined that achieving and sustaining a top-tier market position in Spain would require a disproportionate level of investment with highly uncertain long-term potential returns. This did not make economic sense to the company for a market that accounted for less than 2% of its overall transaction values in the first half of 2021. The…
Read MoreUK delivery startup Deliveroo mulls pulling out of Spain as GoPuff raises US$1Bn in latest funding round
