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by Hamuko 1688 days ago
Wolt's delivery staff haven't been treated as actual employees in its native Finland. It was actually quite recent when the occupational safety administration ruled that Wolt's delivery staff are actually employees, but Wolt is appealing.
1 comments

I wonder if that's why they are now exiting. They can see that there is no future for this kind of business as governments crack down on the platform economy.
The same has been speculated in Finnish groups/forums, probably it affected the decision, but of course we can't know how much. They had also been thinking of going public, so this acquisition seems safer option
Food delivery is a multi billion industry and being the number one app is still lucrative.