Cooking up a deal: DoorDash’s Europe push is fraught with challenges

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DoorDash and Uber Eats are shopping in Europe this summer. While the latter enjoys a sizeable presence on the continent, the former is a relatively new arrival on European shores. Both have signed deals in the food delivery space, which has seen consolidation since the highs of the Covid pandemic.US-based DoorDash has announced a $3.9 billion deal to acquire UK-based Deliveroo, its first major move in Europe. It had purchased Finnish food and grocery delivery platform Wolt in 2022, but that did nothing in the sense of expanding DoorDash’s global…



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Cooking up a deal: DoorDash’s Europe push is fraught with challenges


DoorDash and Uber Eats are shopping in Europe this summer. While the latter enjoys a sizeable presence on the continent, the former is a relatively new arrival on European shores. Both have signed deals in the food delivery space, which has seen consolidation since the highs of the Covid pandemic.US-based DoorDash has announced a $3.9 billion deal to acquire UK-based Deliveroo, its first major move in Europe. It had purchased Finnish food and grocery delivery platform Wolt in 2022, but that did nothing in the sense of expanding DoorDash’s global…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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