Deliveroo to exit Netherlands, loss widens in first-half

Britain’s Deliveroo said it was consulting on leaving the Netherlands market after failing to gain a strong local position, as it reported a larger pretax loss in “challenging market conditions” in the first half.

The food delivery company, which slashed its full-year revenue outlook last month after a sharp slowdown in its second quarter, reported a pretax loss of 147 million pounds ($177 million) in the first half compared to a 95 million pounds loss a year ago.