See Every Facet of the Story.
Published loading...Updated

DoorDash to acquire UK's Deliveroo in $3.9 billion deal

  • On April 25, 2025, DoorDash, the U.S.-based food delivery service headquartered in San Francisco, announced a $3.9 billion cash purchase of Deliveroo, the UK-based competitor.
  • This acquisition follows DoorDash's 2022 purchase of Helsinki-based Wolt and aims to expand its reach beyond the U.S., Canada, and Australia into Europe, Asia, and the Middle East.
  • Deliveroo serves approximately 7 million active users monthly through partnerships with 176,000 local restaurants and businesses across nine markets, with operations in the U.K. And Ireland making up 59% of its revenue in 2023.
  • DoorDash has agreed to acquire Deliveroo by offering 180 pence per share, representing a 29% premium over the closing price on April 24. CEO Tony Xu expressed great enthusiasm about the opportunities this combined partnership will create.
  • This acquisition represents DoorDash’s second significant international expansion within a three-year span, boosting its operations to over 40 markets globally and highlighting its ongoing growth in the competitive global food delivery sector.
Insights by Ground AI
Does this summary seem wrong?
Podcasts & Opinions

168 Articles

All
Left
26
Center
42
Right
14
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 51% of the sources are Center
51% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Portfolio.hu broke the news in on Tuesday, May 6, 2025.
Sources are mostly out of (0)