DoorDash to Acquire Deliveroo for £2.9 Billion
In a significant move within the food delivery sector, DoorDash Inc. has agreed to acquire UK-based Deliveroo Plc for an equity value of £2.9 billion ($3.9 billion). This acquisition marks DoorDash’s strategic push into international markets, particularly targeting smaller providers to expand its global footprint.
Deliveroo, a London-based company listed on the London Stock Exchange, operates in the Consumer Discretionary sector. It provides an online food delivery platform that connects customers with partner restaurants, grocery stores, and other food suppliers worldwide. As of May 1, 2025, Deliveroo’s share price closed at 172.1 GBP, with a 52-week high of 173.1 GBP and a low of 111.6 GBP on March 12, 2025. The company boasts a substantial market capitalization of approximately 256.25 billion GBP.
The acquisition is part of DoorDash’s broader strategy to enhance its presence in overseas markets. By integrating Deliveroo’s operations, DoorDash aims to leverage its established network and customer base in the UK and other regions where Deliveroo operates.
This deal underscores the competitive dynamics in the food delivery industry, where companies are increasingly seeking to consolidate their positions through strategic acquisitions. Deliveroo’s integration into DoorDash’s portfolio is expected to bolster the latter’s market position and operational capabilities in Europe and beyond.
The transaction has been reported by multiple financial news sources, including Bloomberg, Reuters, and CNBC, highlighting its significance in the industry. As the deal progresses, stakeholders will be keenly observing its impact on both companies’ market strategies and financial performance.