Business

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

DoorDash Makes a Bold Move in the Restaurant Tech Space

In a significant step towards enhancing its commerce platform, DoorDash Inc. has announced its agreement to acquire SevenRooms, a New York City-based restaurant technology company, for approximately $1.2 billion in an all-cash deal. The transaction is slated to close in the latter half of 2025, marking a pivotal moment in the food delivery and restaurant management sectors.

Strategic Enhancements and Global Reach

"Our goal is to empower merchants by providing them with the tools to serve their customers across all channels," explained Parisa Sadrzadeh, DoorDash's Vice President for Strategy and Operations. "The acquisition of SevenRooms is a testament to our commitment to offering local businesses worldwide innovative solutions to attract more guests, foster direct customer relationships, and leverage cutting-edge CRM and marketing strategies to boost profitability."

Financial Milestones and Previous Acquisitions

This announcement comes alongside DoorDash's first-quarter financial results for fiscal 2025, showcasing a 21% revenue jump to $3 billion. Notably, this follows the company's recent agreement to acquire Deliveroo, a British food delivery service, for £2.9 billion, further solidifying its position in the global food delivery market.