New York, Feb 26, 2026, 05:22 (EST) — Premarket
- DoorDash ticked down roughly 0.1% before the bell, following Wednesday’s 5.3% jump.
- Deliveroo and Wolt are set to be phased out in Qatar, Singapore, Japan, and Uzbekistan, according to the company’s plan.
- Investors are eyeing wind-down expenses and timing, with Deliveroo’s March 4 Singapore exit in focus.
DoorDash slipped roughly 0.1% to $172.86 in early premarket trade Thursday. The move came after shares surged 5.3% to finish at $173.06 the previous day.
DoorDash’s overseas expansion remains in focus, as gaining and holding scale abroad proves challenging. Investors want to see the company pare back ventures that aren’t pulling their weight.
DoorDash announced plans to exit Qatar, Singapore, Japan, and Uzbekistan, winding down its Deliveroo and Wolt operations there following a months-long market review. Miki Kuusi, who oversees DoorDash International, said the priority now is to “focus on the geographies where we can offer the best products” while managing the transition. The company added that its financial outlook and previous guidance remain intact. Business Wire
Headcount is set to shrink as well. Roughly 85 positions are on the line in Qatar and Singapore, and Deliveroo is moving to shut down an engineering hub in Bengaluru, India. That’s expected to hit about 100 employees, The Independent reported.
DoorDash is pulling out of markets where competition is fierce. In Japan, it showed up in 2021, but Uber Eats had a head start by several years. As the Associated Press noted, Deliveroo only got to Qatar in 2022, trailing Talabat. The AP also cited well-established players: GrabFood and Delivery Hero’s Foodpanda in Singapore, plus Yandex Eats in Uzbekistan.
Deliveroo will wrap up its Singapore operations on March 4, and customers have until 3 p.m. that day to spend any remaining credit or gift cards, according to The Business Times. Li Jianggan, founder of consultancy Momentum Works, told the publication that a food-delivery platform needs “volume, density and operational efficiency” to succeed long-term. The Business Times
DoorDash, for its part, isn’t pulling out entirely—these moves are more about trimming than abandoning. With Deliveroo and Wolt anchoring its international presence, the company continues targeting markets where it can set the pace, not simply follow.
It comes down to the numbers: the more deliveries a rider can squeeze in, the lower the costs—shrinking delivery zones helps with that. When density drops, though, those discounts quickly start resembling rent payments instead of actual incentives.
Still, shutting things down isn’t painless. There’s severance, canceling contracts, those write-offs—they add up. Plus, managers can get sidetracked just as competitors throw more money at keeping their business.
When DoorDash updates investors, traders are set to scan for new information on restructuring charges and progress abroad. March 4 stands out as the key date tied to the Singapore exit.
