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DoorDash buys Deliveroo for £2.9B — less than half its IPO price

US food delivery giant DoorDash has acquired British rival Deliveroo in a £2.9bn ($3.9bn) deal, ending the UK business’ rocky tenure as a public company.  The all-cash offer, priced at £1.80 ($2.40) per share, represents a 77% premium over Deliveroo’s recent trading price. However, the acquisition price is less than half its 2021 IPO valuation of £7.6bn. Deliveroo’s board unanimously backed the deal. CEO and co-founder Will Shu, who owns 6.4% of the company, is set to pocket £172mn.  The merger will expand DoorDash’s footprint in Europe, where it has lagged behind competitors like Uber Eats and Just Eat. Deliveroo’s…This story continues at The Next Web

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DoorDash is buying British rival Deliveroo for $3.9 billion
DoorDash is buying British rival Deliveroo for $3.9 billion

<p><a data-i13n="cpos:1;pos:1" href="https://www.engadget.com/apps/doordash-calls-ubers-lawsuit-accusing-it-of-anti-competitive-practices-a-scare-tactic-130040299.html?src=rss& [...]

Match Score: 389.13

Uber accuses DoorDash of anti-competitive practices in a lawsuit
Uber accuses DoorDash of anti-competitive practices in a lawsuit

<p>Uber is suing <a data-i13n="cpos:1;pos:1" href="https://www.engadget.com/apps/doordash-can-import-grocery-lists-from-ios-reminders-app-140020164.html">DoorDash</a [...]

Match Score: 180.37

DoorDash to settle New York lawsuit over misleading tipping practices by paying $17 million
DoorDash to settle New York lawsuit over misleading tipping practices by pa

<p>DoorDash has reached an agreement with the New York Attorney General over an old practice wherein the company used customers&#39; tips to subsidize its drivers&#39; pay. As the office [...]

Match Score: 143.46

DoorDash calls Uber's lawsuit accusing it of anti-competitive practices a 'scare tactic'
DoorDash calls Uber's lawsuit accusing it of anti-competitive practices a '

<p>DoorDash is <a data-i13n="cpos:1;pos:1" href="https://about.doordash.com/en-us/news/ubers-cynical-lawsuit-should-be-dismissed">asking the court to dismiss</a> [...]

Match Score: 123.70

The best gaming headsets for 2025
The best gaming headsets for 2025

<p>Sometimes, the best gaming headset doesn’t need to be a “gaming headset” at all. While many people view these devices as their own niche, they’re ultimately still headphones, just wit [...]

Match Score: 82.26

The 5 best mechanical keyboards for 2025
The 5 best mechanical keyboards for 2025

<p>Your keyboard is one of the few pieces of technology you’ll use for hours at a time, so why not make it something that brings you joy? Sure, the <a data-i13n="cpos:1;pos:1" hre [...]

Match Score: 82.05

Battle of the dirt-cheap tablets: Amazon Fire HD 8 vs. Walmart Onn 8
Battle of the dirt-cheap tablets: Amazon Fire HD 8 vs. Walmart Onn 8

<p>Apple’s iPads get all <a data-i13n="cpos:1;pos:1" href="https://www.engadget.com/tag/ipad/">the headlines</a>, and with good reason: They’ve long been cons [...]

Match Score: 71.08

How to find and cancel your unused subscriptions
How to find and cancel your unused subscriptions

<p>If your subscriptions are getting out of control, you’re not alone. I feel it too: I pay for news sites, video streaming, music services, online magazines, my cat’s special food, charitie [...]

Match Score: 70.69

iPad (2025) with A16 review: No Apple Intelligence, no problem
iPad (2025) with A16 review: No Apple Intelligence, no problem

<p>When it debuted in 2022, Apple’s <a data-i13n="cpos:1;pos:1" href="https://www.engadget.com/apple-ipad-10th-generation-review-160014897.html">10th-generation iPad& [...]

Match Score: 69.94