- Foodora announced it would close operations in Australia on August 2, but 15 days later was placed in voluntary administration.
- Its believed that concerns over outstanding tax liabilities to both the NSW and federal governments led the German parent company, Delivery Hero, to pull its support for the business, hastening its demise.
- Delivery Hero, worth around $AU12 billion, says it is owed $28 million in a loan to the Australian operation.
- The ATO has yet to finalise how much the company owes in tax and superannuation.
- On the day the business was placed in voluntary administration, the company paid to Foodora-related entities in Asia nearly $100,000.
Global…
Read the full article at: https://www.businessinsider.com.au/foodora-australia-left-town-owing-tax-superannuation-and-28-million-to-its-parent-company-2018-8