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One of Australias first meal delivery services has shut down, effective immediately, putting thousands of people out of work and telling customers they could no longer place orders with the service.
Deliveroo, which launched in Sydney and Melbourne in 2015, revealed it had been placed into voluntary administration on Wednesday and could no longer operate without making a significant investment in Australia to challenge its competitors.
The move will impact 120 staff members in Australia, as well as 15,000 delivery partners, and more than 12,000 restaurants who offered meals through the service.
In a statement, the UK-based company said it had made the difficult decision to pull out of the country after assessing the market.
Read the full article at: https://thenewdaily.com.au/finance/finance-news/2022/11/16/deliveroo-exits-australia-voluntary-administration/