TLDR
- DoorDash finalized its $3.9 billion cash acquisition of UK food delivery company Deliveroo on Thursday, with both boards approving the deal
- The acquisition expands DoorDash’s reach to 45 markets worldwide, including 30 in Europe, following its 2022 purchase of Helsinki’s Wolt Enterprises
- DoorDash paid 180 pence ($2.40) per share, representing a 29% premium over Deliveroo’s closing price on April 24
- Deliveroo serves 7 million monthly active users across nine countries, while DoorDash has 42 million monthly active users
- DoorDash shares trade near $268, up close to 60% year-to-date, and remained unchanged following the announcement
DoorDash confirmed Thursday that it has completed its acquisition of Deliveroo. The boards of both companies approved the $3.9 billion cash deal.
The transaction was first announced in April when word began circulating about DoorDash’s interest in the UK food delivery company. The San Francisco-based company quickly confirmed the agreement.
DoorDash paid 180 pence per share for Deliveroo. That represents $2.40 per share in dollar terms. The price was 29% higher than Deliveroo’s closing price on April 24, the day before news of the offer became public.
A British court approved the deal. This clears the way for DoorDash to expand its operations across multiple continents.
The acquisition brings Deliveroo’s presence in nine countries under DoorDash’s control. Deliveroo operates in the UK, Ireland, France, Italy, Belgium, Singapore, United Arab Emirates, Kuwait and Qatar.
The UK and Ireland accounted for 59% of Deliveroo’s business in 2023. These markets will become key territories for DoorDash’s European expansion.
Expanding Market Reach
DoorDash now operates in 45 markets worldwide. Thirty of those markets are in Europe.
This marks DoorDash’s second major international acquisition in three years. In 2022, the company purchased Helsinki-based Wolt Enterprises.
Before these deals, DoorDash primarily operated in the US, Canada and Australia. The Wolt and Deliveroo acquisitions transform the company into a global player.
Deliveroo served 7 million monthly active users last year. DoorDash has 42 million monthly active users. The combined user base strengthens DoorDash’s position as the largest US food delivery platform.
Both companies launched in 2013. They used smartphone technology to connect restaurants with customers through delivery driver networks.
The food delivery sector saw rapid growth during the COVID-19 pandemic. People ordered more takeout as they stayed home and restaurants closed dining rooms.
Recent Company Developments
DoorDash announced new service offerings this week. The company is adding restaurant reservations to its platform.
Robot deliveries are also being tested in some markets. These autonomous delivery options represent DoorDash’s efforts to diversify its delivery methods.
DoorDash shares traded near $268 Thursday morning. The stock remained unchanged following the acquisition announcement.
Shares are up close to 60% year-to-date. The stock has performed well throughout 2025 despite the major capital outlay for the Deliveroo purchase.
The deal received final approval from both company boards on Thursday. DoorDash can now begin integrating Deliveroo’s operations into its existing platform.
