DoorDash and Deliveroo Join Forces

In a groundbreaking deal, DoorDash Inc. has agreed to acquire Deliveroo Inc. for a staggering £2.9 billion in an all-cash transaction. This move is set to redefine the global food delivery landscape.

A Vision for the Future

DoorDash CEO Tony Xu expressed his excitement about the merger, highlighting the potential to serve over 1 billion people across more than 40 countries. "Together, we will empower local businesses with cutting-edge technology and tools," Xu stated, envisioning a future of unparalleled innovation and service excellence.

Deliveroo's Endorsement

The Deliveroo Independent Committee, advised by Goldman Sachs, has deemed the offer "fair and reasonable." Deliveroo plans to recommend its shareholders to approve the deal, marking a significant milestone in the company's journey.