The San Francisco-based DoorDash’in is worth 180 pence (2.40 pence) for each Deliveroo share, the companies said in a joint statement before the London Stock Exchange opened for trading on Tuesday. $) the day before the announcement of the offer, i.e. the closing price on April 24, ’. %He said he'd pay 29 more.
The deal was DoorDash’'s second major international acquisition in three years due to its expansion from its traditional base in ’, USA, Canada and Australia. Following the acquisition of Deliveroo’ and the 2022 acquisition of Helsinki-based Wolt Enterprises’ in ’, DoorDash will operate in more than 40’ markets worldwide.
DoorDash CEO Tony Xu said in a statement that I couldn't be more excited about what ’DoorDash and Deliveroo“ could achieve together.
Both companies were founded in 2013, using the then-new emerging smartphone technology to connect restaurants and their customers to a network of deliverers.
Deliveroo is currently developing its business in 2023. %It operates in nine countries, including the UK and Ireland, which make up 59’. It also operates in France, Italy, Belgium, Singapore, the United Arab Emirates, Kuwait and Qatar.
The acquisition of technology investment company Prosus’un Amsterdam-based Just Eat Takeaway.com’u is worth €4.1 billion (€4.29 billion). $) less than three months after agreeing to buy in return, and Europe has increased its food distribution portfolio in ’.
