DoorDash will purchase British rival Deliveroo for $3.85 billion, the companies said on Tuesday, helping DoorDash grow its ...

U.S. meal delivery firm DoorDash will buy Deliveroo in a deal valuing the British rival at about 2.9 billion pounds ($3.85 billion), the companies said, banking on a bigger reach and local expertise ...

Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs after it received a $3.6 billion proposed takeover offer from DoorDash.

DoorDash announced on Tuesday that it has acquired rival food delivery service Deliveroo and the SevenRooms restaurant technology company in separate deals.

DoorDash's banner $3.9 billion acquisition of Deliveroo has overshadowed a second, equally significant acquisition by the ...

Key investors at the time said they would not invest in Deliveroo’s float because of its dual-class share structure, which gave Shu the power to block a takeover for three years. Such structures were ...

Here, the PA news agency looks at what the takeover will mean for customers, staff, and the London stock market.

Tony Xu has picked a good time to chow down on a rival. The DoorDash chief executive has offered to gobble up Deliveroo , valuing his British peer at $3 billion after deducting net cash. While the $79 ...

Shares of Deliveroo soared in London trading Monday after the British food delivery firm said it had received an "indicative proposal" from DoorDash to be acquired for 180 pence ($2.40) a share, or ...

US meal delivery firm DoorDash will buy British rival Deliveroo for £2.9 billion ($3.9 billion), the companies said Tuesday, as they look to expand their reach and take on competition. The ...

Deliveroo, the food delivery app, has agreed to be taken over by US giant DoorDash in a deal valuing the business at £2.9bn.

British meal delivery company Deliveroo said on Friday it received a proposal from U.S. peer DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion).