2025-05-06
DoorDash is buying British rival Deliveroo for $3.9 billion
DoorDash has agreed to purchase British food and grocery delivery service Deliveroo for $3.9 billion, the companies have revealed in a filing with the London Stock Exchange. The acquisition will "strengthen DoorDash's position as a leading global platform," the filing said. Deliveroo operates in nine regions, namely Belgium, France, Italy, Ireland, Kuwait, [...]
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2025-05-06
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. [...]
2025-02-15
Uber accuses DoorDash of anti-competitive practices in a lawsuit
Uber is suing DoorDash, accusing the biggest food delivery provider in the US of putting pressure on restaurants to exclusively use its services. According to The Wall Street Journal and The Financial [...]
2025-02-25
DoorDash to settle New York lawsuit over misleading tipping practices by paying $17 million
DoorDash has reached an agreement with the New York Attorney General over an old practice wherein the company used customers' tips to subsidize its drivers' pay. As the office of New York AG [...]
2025-04-26
DoorDash calls Uber's lawsuit accusing it of anti-competitive practices a 'scare tactic'
DoorDash is asking the court to dismiss the lawsuit filed by Uber in February, calling it meritless and a "cynical and calculated scare tactic." Uber sued the biggest food delivery provider [...]
2025-01-22
Google is investing another billion dollars in Anthropic
Google has decided to invest another billion into Anthropic, four sources told the Financial Times, bringing its total sunk cost to more than three billion dollars. Both companies have declined to com [...]
2025-03-10
Nvidia, Tesla, Oracle, Palantir, Coinbase, Doordash: Stocks to watch today
Stock futures fell Monday morning amid growing concerns about U.S. economic growth. President Donald Trump declined to rule out a recession this year in an interview on Fox News, but said he expects a [...]