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 ($2.40) 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 h [...]
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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 " [...]
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 [...]
2025-03-18
Battle of the dirt-cheap tablets: Amazon Fire HD 8 vs. Walmart Onn 8
Apple’s iPads get all the headlines, and with good reason: They’ve long been considered the best tablets for most people. But none of them come cheap. For folks on a tighter budget, I’ve spent t [...]
2025-03-26
iPad (2025) with A16 review: No Apple Intelligence, no problem
When it debuted in 2022, Apple’s 10th-generation iPad sat in something of a no-man’s land, bringing a long-overdue design revamp at an inflated price. A year and a half later, Apple gave the slate [...]