DoorDash has expressed interest in acquiring the UK food delivery service Deliveroo for $3.6 billion. The negotiations are at an early stage, with Deliveroo's board stating it is reviewing DoorDash's proposal. If DoorDash submits a firm offer at $1.80 per share, Deliveroo indicated it would recommend the offer to its shareholders. Both companies are expanding into grocery and non-food deliveries. DoorDash currently holds a dominant position in the U.S. market, while Deliveroo ranks second in the UK food delivery landscape.
DoorDash is open to acquiring Deliveroo for $3.6bn, contingent on a firm offer which could impact both companies' growth in the food delivery sector.
Deliveroo's leadership expressed that they would advise shareholders to recommend the offer should a firm price of $1.80 per share be proposed.
DoorDash remains the largest food delivery service in the U.S., while Deliveroo, second in the UK, continues to strategize on market expansion and user retention.
The deal could significantly change the landscape of food delivery, given DoorDash's recent acquisition of Wolt and ongoing attempts to grow beyond food deliveries.
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