US-based commerce platform DoorDash, Inc., has announced the acquisition of UK-based rival Deliveroo for US$2.9 billion. DoorDash and Deliveroo have been in talks since last month, when DoorDash ...

DoorDash has agreed to acquire Deliveroo for 180 pence in cash per share, equating to roughly £2.9 billion or about $3.9 billion with today’s exchange rates, the company said in a Tuesday press ...

DoorDash on Tuesday announced separate deals to acquire Deliveroo and SevenRooms. Representatives of DoorDash ring the opening bell at the New York Stock Exchange on Wall Street in New York City ...

LONDON — British food delivery firm Deliveroo on Tuesday said it has agreed to a takeover offer from American rival DoorDash that values the company at £2.9 billion ($3.9 billion).

DoorDash, Inc., a leading local commerce platform globally, makes reference to the announcement that the board of directors of DoorDash, Inc. and the board of directors of Deliveroo plc have ...

(Reuters) -U.S. meal delivery firm DoorDash will buy Deliveroo in a deal valuing the British rival at about 2.9 billion pounds ($3.85 billion), the companies said, banking on a bigger reach and ...

Deliveroo announced the bid after markets closed in Europe on Friday. On Monday, the company also said that it was suspending a $133.5 million share buyback it had announced last month. Deliveroo said ...

Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs on Monday after it received a $3.6 billion proposed takeover offer from DoorDash.

To facilitate the Deliveroo deal, DoorDash is taking a $2.85 billion bridge loan from JP Morgan Cazenove Holdings. The announcements sent DoorDash shares down 5% in premarket trading.

DoorDash is excited to invest in growing local commerce globally, including investing in Deliveroo’s business in the UK and other Deliveroo geographies and to continue to drive growth.