Overview

• DoorDash has made a $3.6 billion all-cash offer to acquire UK-based food delivery company Deliveroo.
• Deliveroo’s board is in discussions with DoorDash, though no firm offer has been finalized yet.
• Deliveroo has advised its shareholders to take no action until a formal proposal is submitted by the May 23 deadline.
• The proposed acquisition reflects DoorDash’s strategy to expand globally, following its 2021 purchase of Finnish delivery platform Wolt for €7 billion.
• Both companies have diversified into grocery and non-food logistics to drive growth and strengthen market positions.