Dhaka, April 24 -- Delivery Hero, opens new tab Asia-based business foodpanda is to stop operating its platform in Thailand on May 23, the German food delivery firm has said.

"Delivery Hero will continue concentrating efforts in other parts of APAC where the group sees greater return," the firm said on Wednesday, reports Reuters.

The company's regional team, which is based in Thailand, will continue operations as usual, the company said.

Published by HT Digital Content Services with permission from The Financial Express....