{"id":595672,"date":"2019-08-04T04:00:06","date_gmt":"2019-08-04T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/carriage-closes-operations-in-egypt\/"},"modified":"2019-08-04T04:00:06","modified_gmt":"2019-08-04T04:00:06","slug":"carriage-closes-operations-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/carriage-closes-operations-in-egypt\/","title":{"rendered":"Carriage closes operations in Egypt"},"content":{"rendered":"

<\/a> STARTUP WATCH- Food delivery service Carriage closes operations in Egypt:<\/b> Kuwait-headquartered food delivery company Carriage<\/a> has shut down operations in Egypt five months after launching, MENAbytes reports<\/a>. Germany\u2019s Delivery Hero acquired the company in 2017, but now reportedly wants to put all its resources in Egypt into Otlob. The food ordering and delivery platform leads the market, but faces increasing competition from UberEats, Glovo, and others.<\/p>\n

The decision to close comes as a surprise to the market: <\/b>Carriage, which operates in Kuwait, Saudi Arabia, Qatar and the UAE, reportedly ended exclusivity agreements with its restaurant partners in Egypt over a month ago, but without giving any details. No public announcement has been made by Carriage about its decision to close, and both partners and employees were reportedly informed of the decision only days ago. Employees have been given the option to work for other Delivery Hero companies or to be compensated for the full duration of their contract period.<\/p>\n

It\u2019s not the first time Delivery Hero has tried to see off the competition:<\/b> In May, Spanish delivery app Glovo \u2015 which is partly owned by Delivery Hero \u2015 announced that it was exiting<\/a> the Egyptian market, and the app started directing users to Otlob. The Egyptian Competition Authority then accused Glovo and Delivery Hero<\/a> of anti-competitive practices and ordered Glovo to resume operations in Egypt, which it did in mid-June<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

STARTUP WATCH- Food delivery service Carriage closes operations in Egypt: Kuwait-headquartered food delivery company Carriage has shut down operations in Egypt five months after launching, MENAbytes reports. Germany\u2019s Delivery Hero acquired the company in 2017, but now reportedly wants to put all its resources in Egypt into Otlob. The food ordering and delivery platform leads […]<\/p>\n","protected":false},"author":1,"featured_media":595673,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[549,72,4437,2380,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-egyptian-competition-authority","tag-enterpriseam","tag-glovo","tag-speed-round","tag-startups","wpautop","entry"],"acf":{"mongo_id":"4cca630a-180c-42b4-9e6f-9653a5a4e996","is_powered_by":true,"section_story_id":"f8c16edd-996b-4f84-87b5-21f7a0ec8924","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/8\/943.jpg","photo_position":"above","related_issue":[595665],"teaser":"","voice_url":""},"yoast_head":"\nCarriage closes operations in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/carriage-closes-operations-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carriage closes operations in Egypt\" \/>\n<meta property=\"og:description\" content=\"STARTUP WATCH- Food delivery service Carriage closes operations in Egypt: Kuwait-headquartered food delivery company Carriage has shut down operations in Egypt five months after launching, MENAbytes reports. Germany\u2019s Delivery Hero acquired the company in 2017, but now reportedly wants to put all its resources in Egypt into Otlob. 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Is the service entering an already-saturated market? \u201cThe startup faces stiff competition from\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/3\/2774.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594363,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/spains-glovo-eyes-50-share-of-egypts-online-delivery-market\/","url_meta":{"origin":595672,"position":2},"title":"Spain\u2019s Glovo eyes 50% share of Egypt\u2019s online delivery market","author":"enterpriseam admin","date":"28 October 2019","format":false,"excerpt":"Glovo wants half of Egypt\u2019s delivery market: Delivery app Glovo plans to more than double its share of Egypt\u2019s online delivery market to 50% within 18 months, up from its current 21% share, sales manager Mustafa Kamel told Reuters in an interview. 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A company spokesperson told the tech publisher that the Egyptian market\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/668.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598587,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/eca-calls-foul-on-delivery-hero-glovo-arrangement-orders-glovo-to-come-back-to-egypt\/","url_meta":{"origin":595672,"position":4},"title":"ECA calls foul on Delivery Hero-Glovo \u201carrangement,\u201d orders Glovo to come back to Egypt","author":"enterpriseam admin","date":"29 May 2019","format":false,"excerpt":"ECA calls foul on Delivery Hero-Glovo \u201carrangement,\u201d orders Glovo to come back to Egypt: The Egyptian Competition Authority (ECA) said an \u201carrangement\u201d between Delivery Hero and Glovo to \u201cdivide up\u201d markets\u201d led Glovo to exit Egypt in violation of the competition law, the ECA said in a statement (pdf). The\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/239.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597723,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/spanish-home-delivery-startup-glovo-said-to-exit-egypt\/","url_meta":{"origin":595672,"position":5},"title":"Spanish home delivery startup Glovo said to exit Egypt","author":"enterpriseam admin","date":"2 May 2019","format":false,"excerpt":"STARTUP WATCH- Glovo exiting Egypt, Chile following EUR 150 mn funding round: Spanish on-demand delivery startup Glovo has \u201cindefinitely\u201d suspended operations in Egypt and Chile as of Tuesday, Menabytes reports. The move came as the startup secured a EUR 150 mn series D funding round led by Lakestar. 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