Postmates meals supply service leaving Mexico to give attention to U.S. market

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MEXICO CITY (Information) – U.S.-based on-line meals supply service Postmates Inc will shut its fledgling operations in Mexico so as focus extra on the U.S. market, the corporate mentioned on Tuesday.

Postmates has supplied meal deliveries in Mexico Metropolis since late 2017, however did not notch the identical stage of progress achieved in the USA. In keeping with the corporate’s web site, the corporate’s service is on the market in additional than four,200 cities, protecting 80% of U.S. households.

“This wasn’t a straightforward resolution for us as we’ve already devoted two years to establishing ourselves and rising this market,” the corporate mentioned in a press release to shoppers seen by Information. “Trying towards the longer term, we imagine specializing in our sustained progress in main U.S. markets is what we must always do,” the assertion added.

The Mexican meals supply market is dominated by U.S. large Uber Eats, Colombia’s Rappi and Spain’s SinDelantal. China’s DiDi additionally just lately launched its competing service in Mexico.

Reporting by Diego Ore; Enhancing by David Alire Garcia and Leslie Adler