Foodora is shutting down operations in Finland
Food delivery service Foodora has announced that it will cease operations in Finland, effective February 27.
Foodora, known for its restaurant and grocery delivery services, has announced its decision to cease operations in Finland, with services continuing normally until February 27. The company stated that the move is a result of the conclusion of a restructuring negotiation process that began on January 12, during which it had already indicated the possibility of withdrawing from the Finnish market. This closure will affect approximately 80 local employees, and Foodora plans to communicate separately with its restaurant and retail partners, as well as couriers, regarding the next steps.
The decision to withdraw from Finland is based on Foodora's strategy to focus investments on markets where it perceives opportunities for clear market leadership and the establishment of a robust long-term brand presence in Europe. Since its launch in Finland in 2015, Foodora has operated in over 100 cities and municipalities. The implications of this shutdown may include job losses for employees and a reduction in delivery options for consumers in the region, leading to a potential shift in the competitive landscape of food delivery services in Finland. As the news is developing, further updates from Foodora are expected regarding the specifics of the service cessation and ongoing partnerships.