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DoorDash to buy Deliveroo for $3.9 billion
The Street
Follow
5/8/2025
The two combined for $90 billion worth of orders in 2024.
Category
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Sports
Transcript
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00:00
DoorDash has made a big acquisition in hopes of expanding its presence in Europe.
00:04
The delivery company has purchased its British rival Deliveroo for $3.9 billion.
00:09
DoorDash will now compete with Uber Eats and Just Eat as it tries to grow in the region.
00:13
Of the sale, Deliveroo's chair said,
00:15
Following careful consideration, the Deliveroo Independent Committee has unanimously decided to recommend this offer,
00:21
considering it to be in the interests of all of our shareholders and wider stakeholders.
00:25
Deliveroo was founded in 2013 and currently sees 62% of sales come from Britain and Ireland.
00:31
It also has significant customer bases in France and Italy.
00:34
DoorDash and Deliveroo combined saw $90 billion worth of orders in 2024.
00:39
DoorDash has been busy with its expansion.
00:41
In addition to its Deliveroo acquisition,
00:43
it also announced a $1.2 billion acquisition of restaurant booking platform Seven Rooms.
00:49
That'll do it for your daily briefing.
00:50
From New York City, I'm Kelsey Barbario with The Street.
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