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DoorDash to buy UK rival for $3.9bn
Mint Hyderabad
|May 07, 2025
DoorDash, the ubiquitous US food delivery app, has agreed to acquire British rival Deliveroo for 2.9 billion pounds ($3.9 billion) in cash, expanding its business in Europe, Asia and the Middle East.
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San Francisco-based DoorDash will pay 180 pence ($2.40) for each Deliveroo share, 29% more than the closing price on April 24, the day before the offer was announced, the companies said in a joint statement before the Lo
This story is from the May 07, 2025 edition of Mint Hyderabad.
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