News

DoorDash’s Deliveroo swoop is pricey but timely
Tony Xu has picked a good time to chow down on a rival. The DoorDash chief executive has offered to gobble up Deliveroo , ...
DoorDash to buy British food delivery firm Deliveroo for $3.9 billion in overseas push
British food delivery firm Deliveroo said its board agreed to an offer from DoorDash to acquire all issued and to be issued ...
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Week in Review: Chili's v. Applebee's, DoorDash's big moves and more
Record-breaking sales at Chili's might spook the competition, but not so for rival Applebee's. CEO John Peyton says it’s ...
DoorDash to buy Britain’s Deliveroo for nearly $4 billion to expand its reach in Europe
US meal delivery firm DoorDash will buy British rival Deliveroo for £2.9 billion ($3.9 billion), the companies said Tuesday, as they look to expand their reach and take on competition.
DoorDash’s grab for Deliveroo puts brakes on London’s tech hopes
Key investors at the time said they would not invest in Deliveroo’s float because of its dual-class share structure, which ...
DoorDash CEO Tony Xu: Deliveroo & SevenRooms deals make us a multi-product company on a global scale
DoorDash co-founder and CEO Tony Xu joins 'Squawk Box' to discuss the company's Deliveroo and SevenRooms acquisitions, ...
DoorDash rings up record first-quarter revenue and expands delivery reach through acquisitions
DoorDash confirmed that it will acquire Britain’s Deliveroo for 2.9 billion pounds ($3.9 billion) in cash, expanding its ...
DoorDash is on a $5 billion buying spree following earnings beat
To facilitate the Deliveroo deal, DoorDash is taking a $2.85 billion bridge loan from JP Morgan Cazenove Holdings. The ...