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Highlights

  • DoorDash announces a £2.9 billion acquisition of Deliveroo with a 44% premium
  • Deliveroo shareholders will receive 180 pence per share in cash
  • Acquisition aims to expand DoorDash's reach to over 40 countries globally

DoorDash, Inc. (NASDAQ: DASH), a global leader in local commerce platforms, has reached an agreement with Deliveroo plc for a recommended final cash acquisition. Under the terms of the deal, Deliveroo shareholders will receive 180 pence per share in cash, valuing the entire company at approximately £2.9 billion. This price represents a significant premium of around 44% to Deliveroo's closing share price of 125 pence on April 4, 2025, before the acquisition announcement.

The acquisition aims to combine the strengths of both companies in the local commerce sector. DoorDash's CEO and Co-founder, Tony Xu, expressed excitement about joining forces with Deliveroo, citing their shared focus on improving consumer value, supporting local businesses, and providing flexible earnings opportunities for riders. Xu emphasized the potential to create a leading global platform for local commerce, leveraging DoorDash’s operational strengths and Deliveroo’s local expertise.

Deliveroo operates across multiple regions, and the combined entity will expand DoorDash’s global footprint, reaching more than 40 countries and over a billion people. This expanded presence will help both companies provide enhanced tools and technology to local businesses, further boosting their ability to support local economies.

The acquisition, which is expected to strengthen DoorDash’s market position, also aligns with the company's long-term goal of empowering local economies by creating more opportunities for businesses and workers alike. With the transaction's conclusion, DoorDash plans to continue investing in innovation and improve its service offerings for all stakeholders in the local commerce ecosystem.