Business

DoorDash Expands Empire with $1.2 Billion Acquisition of SevenRooms: A Game-Changer for Restaurants Worldwide

DoorDash's Strategic Move to Enhance Restaurant Technology

In a bold move to further dominate the food delivery and restaurant technology space, 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. This acquisition, expected to close in the second half of 2025, marks a significant step in DoorDash's strategy to empower merchants with advanced tools for customer engagement and profitability.

Empowering Local Businesses with Cutting-Edge Technology

"We're enhancing the DoorDash Commerce Platform to help merchants serve their customers across all channels," stated Parisa Sadrzadeh, DoorDash's Vice President for Strategy and Operations. She emphasized the excitement about providing local businesses worldwide with innovative ways to attract more guests, build direct customer relationships, leverage top-tier CRM, and enhance marketing efficiency for greater profitability.

A Busy Quarter for DoorDash

This announcement comes alongside DoorDash's first-quarter financial results for fiscal 2025, revealing a 21% revenue jump to $3 billion. The company also recently disclosed its agreement to acquire Deliveroo, a British food delivery giant, for £2.9 billion, further expanding its global footprint in the competitive food delivery market.