Uber Technologies Inc. will discontinue its restaurant delivery business Uber Eats in South Korea, Reuters reported Sept. 9, citing a statement from Uber Eats Korea.
The U.S. ride-hailing company reportedly said it will pull out its restaurant delivery business in the country by Oct. 14, without disclosing a reason for the exit.
However, the report said Uber will continue its ride-hailing operations in the country.
Uber did not immediately respond to S&P Global Market Intelligence's request for comment.
