DoorDash to acquire Finland-based Wolt Enterprises in €7bn all-stock deal

DoorDash to acquire Finland-based Wolt Enterprises in €7bn all-stock deal

DoorDash, an American online food delivery service, is proposing to acquire Finnish competitor Wolt Enterprises in an all-stock deal valued at around €7 billion. In this regard, DoorDash has signed a definitive agreement with certain shareholders of the Finnish company. Under the terms of the agreement, the equity of DoorDash to be issued to the […]

DoorDash to acquire Square’s food ordering platform Caviar for $410m

DoorDash to acquire Square’s food ordering platform Caviar for $410m

DoorDash acquisition of Caviar : DoorDash, a San Francisco-based on-demand food delivery service, has agreed to acquire food ordering platform Caviar from mobile payment company Square for $410 million in a cash-cum-stock deal. Founded in 2012, Caviar was acquired by Square about two years later. The food ordering platform, which operates in hundreds of cities in […]

Food delivery service provider DoorDash raises $400m in new funding round

Food delivery service provider DoorDash raises $400m in new funding round

California-based food delivery service provider DoorDash raised $400 million in Series F financing led jointly by Singaporean investment company Temasek and Dragoneer Investment Group. The latest funding round gives a valuation of $7.1 billion to the US food delivery service which is currently available to 80% of Americans with plans to cover every postal code […]