Doordash Agrees To Buy Deliveroo In 3 9 Billion Delivery Dea
Bloomberg3 days
DoorDash Acquires Deliveroo in $3.9B Deal
Above: A Deliveroo cyclist making a delivery in London on Jan. 30, 2025. Image copyright: Mike Kemp/In Pictures via Getty Images
The Spin
Narrative A
The strategic acquisition of Deliveroo strengthens DoorDash’s global presence while creating value for Deliveroo’s current shareholders. The pair is a natural fit, sharing the same strategic vision and commitment to continually improving their offerings for local businesses, consumers, and delivery riders. Together, the combined entity can empower commerce, provide new opportunities, and fuel urban GDP growth.
Narrative B
The takeover of Deliveroo by U.S. Giant DoorDash is another striking example of a disturbing trend. For decades, U.K. companies, some even iconic ones like Cadbury, have been snatched up by American buyers, highlighting how the U.K. cannot hold onto its biggest firms, as the British share of the U.K. market has fallen from 50% to less than 5% in the last 30 years. The government’s Edinburgh Reforms must address this economic challenge.