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Re:Food delivery startup Wolt raises $530M by flemhans on Monday January 25, 2021 @09:04AM (#25903192)
They go for cities where they feel like they have a chance, and where there are not already 10 other competitors. That's why they didn't go for e.g. London.

At least that was the original thinking of one of the founders, according to an article I read in some in-flight magazine.

Re:Food delivery startup Wolt raises $530M by user-the-name on Monday January 25, 2021 @09:10AM (#25903245)
That was indeed the original strategy. It's changing as the company grows though.