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DoorDash Finalizes £2.9 Billion Takeover of Deliveroo

The acquisition expands DoorDash's global footprint to over 40 countries, pending shareholder and regulatory approval by late 2025.

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Overview

  • DoorDash will acquire UK-listed Deliveroo for £2.9 billion, offering 180 pence per share, a 44% premium over its pre-offer price.
  • The combined entity will operate in more than 40 countries, serving 50 million monthly users, with a 2024 gross order value of $90 billion.
  • Deliveroo's independent board committee unanimously recommended the deal, which awaits shareholder and regulatory sign-off later this year.
  • Founder Will Shu, holding a 6.4% stake, stands to earn £172 million, while Deliveroo’s largest investor, Amazon, has yet to comment on the deal.
  • The acquisition strengthens DoorDash’s competitive positioning in Europe, challenging rivals like Just Eat and Uber Eats in nine new markets.