DoorDash (DASH, Financials) said Tuesday it plans to acquire Deliveroo and SevenRooms in deals worth more than $5 billion, as it aims to broaden its global operations and expand into reservation management technology.
DoorDash will pay roughly $3.9 billion to acquire Deliveroo, a British food delivery platform active in nine countries. The deal, equivalent to 2.9 billion British pounds, would strengthen its footprint in Europe and the Middle East. Deliveroo serves markets such as France, Italy, Qatar, Singapore, and the United Arab Emirates.
The company also agreed to acquire SevenRooms, a New York-based restaurant and hotel reservation software firm, for approximately $1.2 billion in an all-cash transaction expected to close in the second half of 2025.
The Deliveroo deal requires shareholder approval and regulatory clearance. DoorDash said the offer will not be increased unless a third party makes a competing bid. The transaction is expected to close in the fourth quarter of 2025.
Both acquisitions align with DoorDash's long-term goal to grow local commerce and support its financial objectives. The company remains the top food delivery platform in the U.S. and has previously expanded in Europe with the 2022 acquisition of Wolt for $8.1 billion.
Deliveroo's IPO in 2021 was marred by a 30% stock drop on debut, and the company has since faced competition and legal scrutiny of its gig-economy model.
Investors should monitor regulatory developments and integration progress ahead of the expected closing dates in the second half of 2025.
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