Menulog is closing down in Australia. Here’s what we know

News Brief: Menulog’s Closure in Australia

Summary

Menulog, Australia’s second-largest food delivery platform, is ceasing operations in the country on November 26th, raising concerns about reduced market competition and potential price increases for consumers.

Key Points

  • Shutdown Date: Menulog’s platform will become inactive on Wednesday, November 26, at 23:59 AEDT.
  • Reason for Closure: The company cited “challenging circumstances,” declining market share, years of financial losses, and intense competition from Uber as primary reasons.
  • Market Impact: Menulog’s exit (23.8% market share) moves the industry closer to a monopoly, potentially leading to higher prices and reduced service quality, with Uber now holding 53.8% of the market.
  • Transition Plan: A two-week transition period allows customers to redeem unused vouchers, and eligible couriers will receive a 4-week voluntary payment.

新闻简报:Menulog在澳大利亚停止运营

总结

澳大利亚第二大外卖平台Menulog将于11月26日停止在该国的运营,这引发了市场竞争力下降和消费者可能面临价格上涨的担忧。

关键点

  • 关闭日期: Menulog平台将于澳大利亚东部夏令时间11月26日星期三23:59停止服务。
  • 关闭原因: 公司归因于”充满挑战的环境”、市场份额下降、连年亏损以及来自Uber的激烈竞争。
  • 市场影响: Menulog的退出(占23.8%市场份额)使该行业更接近垄断,可能导致价格上涨和服务质量下降,Uber目前占据53.8%的市场份额。
  • 过渡计划: 两周的过渡期内,客户可以赎回未使用的代金券,符合条件的配送员将获得4周的自愿付款。

Original Article Link: https://www.abc.net.au/news/2025-11-13/menulog-is-closing-down-in-australia-here-s-what-we-know/106002740

Scroll to Top