Disney conceded defeat in its month-long battle over the serving of shark's fin at its Hong Kong theme park during a meeting with a group of 13-year-old children organising a boycott of the park.
Officials from Disney on Friday visited West Island School, where they were presented with a petition signed by more than 500 pupils, and told the youngsters the dish was being withdrawn.
Those who signed the petition pledged not to buy Disney products or visit the theme park while shark's fin was being served.
Disney's vice-president for public affairs, Irene Chan Man-tuen, said the pupils were the first to know of Disney's decision.
'I told them about our decision to remove shark's fin soup from our banquet menu and they welcomed this decision,' she said.
Hours later, Disney released a statement saying it had removed the dish from its menus.