Delivery food company Foodora has entered into voluntary administration, two weeks after it told the ABC it was “solvent”.
“While Foodora’s intention was to wind down its affairs in Australia in an orderly fashion and with the support of its parent company [Delivery Hero] to meet all known liabilities, the company has been faced with significant external challenges,” Shelley Borstein, of administrators Worrells Solvency and Forensic Accountants, said in a statement.
“These have impeded the company’s ability to implement a solvent wind-down of its affairs.”
Two weeks ago Foodora announced it would pull out of Australia by August 20.
At the time, a spokesp…
Read the full article at: http://www.abc.net.au/news/2018-08-17/foodora-enters-into-administration/10133620