Back to today’s briefing

Story perspectives

Deliveroo to Exit Singapore Market by March 2026

2/25/2026

29 5 Full Breakdown

Summary

Story summary

Deliveroo (the company) will cease operations in Singapore on March 4, 2026, after a decade in the market.
The decision followed a review of country-specific conditions that aimed to focus on sustainable growth and will affect operations in Qatar, Japan, and Uzbekistan.
Deliveroo's CEO, Miki Kuusi, expressed gratitude to employees and customers and said the company will work with local teams to assist during the transition.

History

Historical Context

Launched in 2016, Singapore's Smart Nation initiative aimed to enhance technology and innovation, reflecting the country's evolution into a global tech hub. By 2020, Deliveroo had rapidly expanded, serving over 1 million customers. However, its recent exit from Singapore highlights the challenges tech firms face in adapting to local market dynamics, emphasizing the need for sustainable practices in the gig economy.

1 of 2

Story summary

Deliveroo (the company) will cease operations in Singapore on March 4, 2026, after a decade in the market.
The decision followed a review of country-specific conditions that aimed to focus on sustainable growth and will affect operations in Qatar, Japan, and Uzbekistan.
Deliveroo's CEO, Miki Kuusi, expressed gratitude to employees and customers and said the company will work with local teams to assist during the transition.

1 / 2