DoorDash's Bold $3.6 Billion Bid for Deliveroo Sparks 17% Stock Surge
Deliveroo's shares surged over 17% following DoorDash's $3.6 billion acquisition offer, with the board likely to recommend the bid. The stock hit 171.8 pence amid takeover talks.
food delivery News
DoorDash Proposes $3.6 Billion Takeover of Deliveroo: A Game-Changer in Food Delivery
Deliveroo has confirmed a $3.6 billion acquisition proposal from DoorDash, valuing the company at 180 pence per share. The board is inclined to recommend the offer, but discussions...
Swiggy Faces Hefty Rs 158 Crore Tax Demand: A Deep Dive into the Controversy
Swiggy, a leading food and grocery delivery platform, has been issued a tax demand of over Rs 158 crore for the 2021-2022 fiscal year, citing alleged contraventions. The company pl...
Swiggy Faces Rs 158 Crore Tax Challenge: A Deep Dive into the Legal Battle Ahead
Swiggy, the Bengaluru-based food delivery giant, is set to challenge a Rs 158.26 crore tax order from the Income Tax Department, citing strong legal grounds. This comes amid height...
NRAI Takes Legal Action Against Zomato and Swiggy Over Market Monopolization Claims
The National Restaurant Association of India (NRAI) is set to file a legal complaint against Zomato and Swiggy, accusing them of attempting to monopolize the food delivery market t...
Swiggy Aims for Operational Profitability by December 2025
Swiggy, India's leading food delivery and quick commerce platform, aims to achieve operational profitability by December 2025. The company's net losses have narrowed, and revenue f...
