Delivery Hero shares climbed by as much as 3.4%. Deliveroo shares rose 1% to 126.4 pence ($2.17).
Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition in the city weighed on the company’s international division.
The London-based delivery company will sell some assets to rival Foodpanda, owned by Delivery Hero SE, and close other assets, it said in a statement on Monday.
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