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Deliveroo agrees to be taken over by its US rival DoorDash in £2.9bn deal
The Guardian
|May 07, 2025
The food delivery company Deliveroo has agreed a £2.9bn takeover by its US rival DoorDash that will result in a near-£66m payday for its staff.
The London-based delivery company, which was founded in 2013 by Will Shu and Greg Orlowski, received an offer worth 180p a share last month, and yesterday its board recommended the deal to shareholders.
Former and current Deliveroo staff own 36.5m shares in the business between them, which would mean a £65.7m payout if the deal goes ahead.
Shu is in line for a £172m payout from his 6.4% shareholding in the business.
He said: "We are now at the beginning of a transformative new chapter. DoorDash and Deliveroo are like-minded organisations with a shared strategic vision and aligned values."
The takeover values Deliveroo, which employs about 4,000 people, at less than half the value at which it floated on the London Stock Exchange four years ago. Together, the two companies will cover 40 countries.
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