DoorDash has proposed a $3.6 billion takeover offer for the UK-based food delivery company Deliveroo. The offer, equivalent to approximately £2.7 billion, was made public on April 25, 2025, and has prompted Deliveroo's board to enter into further discussions with DoorDash, granting the US company access to due diligence. Following the announcement, Deliveroo shares surged by around 16.9%, reaching their highest level since January 2022 and hitting a three-year high. The proposed acquisition would allow DoorDash to expand immediately into 10 new European markets and gain access to Deliveroo's 7.1 million monthly active users, strengthening its international position against competitors such as Uber. In response to the takeover bid, Deliveroo has suspended its share buyback program. Market analysts have described DoorDash's move as costly but timely, signaling a potential end to the rapid growth phase of Europe's food delivery sector.
DoorDash’s Bid for Deliveroo Marks End of Europe’s Food Delivery Boom https://t.co/KY2fNOvqtW
#UK's Deliveroo suspends share buyback after DoorDash buyout offer https://t.co/8DXVSF4APM
🇺🇸 Deliveroo Shares Close at Three-Year High on DoorDash Takeover Bid https://t.co/yh8J47JfRg