DoorDash Acquires Deliveroo in £2.9bn Takeover Deal
Tuesday, May 6, 2025, 2:20 am
In a significant international deal, DoorDash has acquired British food delivery firm Deliveroo for a whopping £2.9 billion. The agreement signals a bold strategic move aimed at consolidating market power in the competitive food delivery sector, raising eyebrows among industry rivals.
DoorDash, UK's Deliveroo serve up $3.9 billion deal to take on rivals Reuters
The offer includes US$2.25 per share for Deliveroo shareholders, which represents a 44% premium to the stock's price.
DoorDash said on Tuesday it has agreed to buy its U.K. rival Deliveroo for about £2.9 billion (around $3.85 billion).
British food delivery firm Deliveroo on Monday said it has agreed to a takeover offer from American rival DoorDash that values the company at £2.9 billion.
DoorDash strikes £2.9bn deal for Deliveroo Financial Times
permalink / 5 stories from sources in 3 hours ago #ecommerce #business #deliveroo #acquisitions
More Top Stories...
US Demands Google Sell Ad Tools to Restore Competition
U.S. authorities are ramping up pressure on Google by insisting that the tech giant divest specific advertising products to revive a competitive market. Following a federal judge’s ruling on monopoly practices, the government argues that shedding these assets is essential, though Google claims the move is both unwarranted and technically unfeasible. More...
Apple re-enters corporate debt market with bond offering
Apple has broken its recent silence on debt by pricing its first corporate bond in two years. Managed by top-tier banks, this financing move signals a savvy comeback into debt markets while subtly reminding competitors that innovation often comes with a dash of financial audacity. More...
Palantir CEO’s Bold Guidance and Shareholder Letter
Palantir has upped its annual guidance amid claims of a “tectonic shift” in AI adoption. CEO Alex Karp’s recent shareholder letter, filled with vivid commentary, reinforces a bullish outlook despite mixed industry sentiment, adding a splash of colorful bravado to the financial update. More...
IBM Expands AI Agent Capabilities at Think 2025 Conference
At Boston’s Think 2025 event, IBM unveiled a suite of AI agent technologies designed to push enterprise automation into new territory. The enhancements promise to revolutionize operations with a next-generation, self-directed software approach—because even tech behemoths must learn to keep their algorithmic rivals on their toes. More...
Waymo doubles robotaxi output at Arizona facility
Waymo is ramping up its self-driving car game by doubling production at its new Arizona plant. The expanded output aims to decisively boost its commercial fleet, leaving traditional taxi services to wonder if human drivers should now take up knitting instead. More...
Related Tags
Ecommerce
Amazon Expands Rural Reach with $4B Delivery Network Investment (4 days ago)
Harrods hit by cyberattacks amid rising retail security concerns (4 days ago)
Amazon Invests $4 Billion in Rural Delivery Expansion and Warehouses (5 days ago)
Business
Trump tariff proposal shakes markets and industry outlook (2 hours ago)
Employer.com Acquires Fintech Startup to Streamline Back Office Operations (5 hours ago)
Apple re-enters corporate debt market with bond offering (9 hours ago)
Deliveroo
Acquisitions
Employer.com Acquires Fintech Startup to Streamline Back Office Operations (5 hours ago)
Databricks Eyes $1B+ Purchase of Neon Database Startup (11 hours ago)
Canadian GameStop chain sale sparks EB Games revival (12 hours ago)