DoorDash to Exit Four Asian Countries as Competition Heats Up

DoorDash Inc. is pulling out of four countries in Asia, a sign that fierce competition and thin margins across food delivery are weighing on its overseas ambitions.

The US-based company will exit Qatar, Singapore, Japan and Uzbekistan, according to a statement on Wednesday. DoorDash uses its Deliveroo and Wolt brands in the affected markets. The move follows a review of country-specific conditions over several months, and will include operational changes such as investments in engineering roles in the UK.