Deliveroo opens the door for a meal of 2.7 billion pounds with Doordash

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Deliveroo, a food delivery company, which was included in London, is scheduled to be 7.6 billion pounds in 2021, is the latest company in the UK swallowed by an American competitor after it presented DooDash, based in San Francisco, of a 2.7 billion pounds.

The acquisition talks between the two famous fast food applications come with the unification of monotheism in this sector. Earlier this year, Prosus made a deal worth 4.1 billion euros to take the leading food delivery group in Europe only eating special ready -made meals.

Will Shu founded in 2013, SECRETOO was made to the public in the public subscription firmly expected four years ago. But the list proved a disaster When the shares lost more than a quarter of their value on the first day of trading.

The company has struggled to perform since then. Its shares amounted to 1.47 pounds in the market on Friday, a decrease of more than 60 percent on the listing price of 3.90 pounds. Competition is intensified when Uber EATS was launched in the UK in 2016 alongside the Amazon retail giant that begins grocery delivery in the same year.

Delo said in a statement on Friday that the Board of Directors “will be supposed to recommend” a 1.80 pounds of £ 1.80 per share if a fixed approach is followed.

Deliveroo runs the food delivery application in nine countries, and reserve it The first full annual profit In its results 2024 last month.

In February, Dello was forced to deny speculation that Shu had been appointed as CEO this year, adding that he had “focused unnecessarily on the long -term future” of the company.

Doordash, which was co -founded in 2013 by Tony Xu, works in more than 30 countries and formed $ 10.7 billion in revenues last year. A spokesman for the company refused to comment.

Doordash first took a Deliveroo approach in almost the same evaluation last summer, according to a person with the deal. Companies will continue to talk and diligence, but there is no guarantee that a deal will be achieved, and Delow added in their statement.

The offer from Doordash Values ​​Developo Sendaroo at more than 20 percent to its closing price on Friday. The company will have to make an offer by May 23 under acquisition rules in the United Kingdom.

Doordash operates in the United States, Canada, Australia, and New Zealand and does not interfere with any of Deliveroo markets, which companies hope to mean that the deal is not banned by competition organizers, according to the person who is known as talks.

The two companies expanded the delivery of groceries and retail trade, while developing its advertising works to enhance profitability.