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Apr
Food Delivery Wars Escalate: DoorDash’s $7.2B Deliveroo Takeover Bid Sparks Industry Shakeup
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News Editor / 4 months
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- 1 min read
The global food delivery landscape is undergoing its biggest transformation in years after DoorDash announced a $7.2 billion all-stock acquisition bid for UK-based Deliveroo, sending Deliveroo shares soaring 42% in early London trading—their largest single-day gain since IPO. Strategic Rationale: Market Expansion: DoorDash gains immediate access to 12 European markets where Deliveroo dominates Tech Synergies: Deliveroo’s “Editions” […]