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Doordche said on Tuesday that she had agreed to purchase the Deliveroo service, a British food delivery service, in a deal of about $ 3.9 billion, which is part of its efforts to expand abroad.
the deal It would give Doordash, the application of dominant food delivery in the United States, a larger imprint in Europe and the presence of the Middle East, covering millions of users in more than 40 countries.
The Deliveeroo Agreement, based in London, is about 2.9 billion British pounds, or about $ 3.9 billion, according to presentation With the London Stock Exchange.
Deliveroo serves nine countries, including France, Italy, Qatar, Singapore and the United Arab Emirates. She said in the deposit that the acquisition will enable companies to invest in products and technology, and to enhance Deliverooo in the areas they have served.
Deliveroo has faced intense competition and the legal challenges of its economic business model since its launch in 2013. Its shares decreased by up to 30 percent in its first minutes of trading after moving to 2021.
Doordash, based in San Francisco, WolT, a Finnish food delivery company operating in 23 countries, bought primarily in Europe, for about $ 8.1 billion in 2022.
Douordsh said in the deposit that the conditions of the acquisition, which are subject to the vote of shareholders and organizational approval, were final and will not be increased unless a third party entered with a competitor’s offer. She expected the deal to be closed during the fourth quarter of this year.