DoorDash Sets Sights on Global Expansion with Major Acquisitions

Published 18 hours agoDASH

DoorDash Sets Sights on Global Expansion with Major Acquisitions

DoorDash CEO Tony Xu is making waves in the food delivery sector with the announcement of two major acquisitions. The company has agreed to acquire UK-based Deliveroo for £2.9 billion, approximately $3.9 billion, in cash. This acquisition marks a significant expansion of DoorDash’s reach in Europe, Asia, and the Middle East, following their previous acquisition of Wolt Enterprises in 2022.

In addition to the Deliveroo acquisition, DoorDash is also purchasing the hospitality software firm SevenRooms for $1.2 billion. This move aims to bolster DoorDash's restaurant services and strengthen its position within the competitive food delivery space, as reported by the Financial Times.

These strategic expansions come on the heels of impressive financial results for DoorDash, as highlighted by AP News. In the first quarter of 2025, the company recorded a revenue of $3.03 billion, up 21% from the previous year, and posted a net income of $193 million, a substantial turnaround from a loss of $23 million in the prior period. These developments underscore DoorDash’s ambition to solidify its standing as a leading force in the global food delivery market.

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