One of the UK’s most popular food delivery apps may soon disappear from users’ phones after it agreed to a £2.9 billion takeover from its US rival.
Food delivery giant Deliveroo has agreed to a takeover by its US rival DoorDash.
This will mean DoorDash will operate across 40 countries, handling about £67.7 billion worth of orders each year.
The delivery companies said: ‘The combination with Deliveroo will strengthen DoorDash’s position as a leading global platform in local commerce, enabling the combined entity to better serve businesses, consumers and couriers.’
It is not known how this will immediately impact users, with Deliveroo telling Metro they cannot confirm specific plans.
Deliveroo founder Will Shu said: ‘We are now at the beginning of a transformative new chapter.
‘DoorDash and Deliveroo are like-minded organisations with a shared strategic vision and aligned values.
‘Together, we will be even better positioned to serve consumers, merchants, riders and local communities.
‘The enlarged group will have the scale to invest in product, technology and the overall consumer value proposition.’
In 2022, DoorDash acquired Wolt, which still operates under its own brand today.
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