Business

DoorDash Expands Empire with $1.2 Billion Acquisition of SevenRooms, Aiming to Revolutionize Restaurant Technology

DoorDash Announces Strategic Acquisition

In a bold move to enhance its commerce platform, DoorDash Inc. has announced the acquisition of SevenRooms, a leading restaurant technology company based in New York City, for approximately $1.2 billion in an all-cash deal. This acquisition is set to close in the latter half of 2025, marking a significant step in DoorDash's expansion strategy.

Enhancing Merchant Capabilities

"Our goal is to empower merchants to serve their customers more effectively across all channels," explained Parisa Sadrzadeh, DoorDash's Vice President for Strategy and Operations. "With SevenRooms joining the DoorDash family, we're thrilled to offer local businesses worldwide innovative tools to attract more guests, foster direct customer relationships, leverage top-tier CRM solutions, and enhance profitability through intelligent marketing strategies," she added.

Financial Highlights and Future Prospects

The announcement coincided with the release of DoorDash's first-quarter financial results for fiscal 2025, showcasing a 21% revenue jump to $3 billion. This news follows closely on the heels of DoorDash's agreement to acquire Deliveroo, a British food delivery giant, for £2.9 billion, further solidifying its position in the global food delivery and restaurant technology sectors.