The U.S. company is pausing plans to enter five European markets, including Greece, as it focuses on its pursuit of Delivery Hero, efood's parent company, whose €10 billion acquisition offer was rejected in May

The U.S. ride-hailing giant has formally registered a Greek subsidiary, intensifying competition in a crowded food delivery market estimated to be worth around €1.5 billion annually, while its pending acquisition of efood's parent company could reshape the sector.

Wolt couriers across Greece are striking on Friday, calling for a collective labor agreement that will ensure fair pay and work conditions.