DoorDash To Acquire UK’s Food Delivery Firm Deliveroo In $3.9 Bn Deal

Last month, DoorDash offered to buy all of Deliveroo’s shares. It will pay 180 pence per share and said the offer is final and won’t be raised.

Deliveroo’s shares have not performed well since going public in 2021. The company said its board reviewed DoorDash’s offer of 180 pence per share and is recommending that shareholders accept it.

About DoorDash

DoorDash is a tech company that runs a food and grocery delivery service. It connects people with local restaurants and stores. Founded in 2013, DoorDash started with food delivery but has since added other services like delivering convenience items and handling returns.

About Deliveroo

Deliveroo is a British company that delivers food and groceries. It was founded in 2013 and operates in several countries, including the UK, Australia, France, and Germany. Customers can order through the Deliveroo app or website, and deliveries are made by a network of riders working with local restaurants and grocery stores.