Tag: Deliveroo acquisition

DoorDash shares drop as new investment plan unnerves investors
Posted in Startups

DoorDash shares drop as new investment plan unnerves investors

DoorDash shares dropped nearly 9% in premarket trading on Thursday as the company’s aggressive plan to invest several hundred million dollars more in 2026 in…

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DoorDash finalises its $3.9 billion acquisition of UK's Deliveroo
Posted in Startups

DoorDash finalises its $3.9 billion acquisition of UK’s Deliveroo

DoorDash has finalised its acquisition of the U.K. food delivery company Deliveroo, saying Thursday that the boards of both companies approved the nearly $4 billion…

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Deliveroo CEO Will Shu to step down after DoorDash takeover
Posted in Startups

Deliveroo CEO Will Shu to step down after DoorDash takeover

British food delivery firm Deliveroo said on Thursday founder and CEO Will Shu will step down once its takeover by U.S. rival DoorDash takes effect….

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