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Chronicles

The story behind the story

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DoorDash agrees to acquire UK food delivery company Deliveroo for £2.9B in cash; Deliveroo has struggled since its London IPO at a £7.6B valuation in March 2021

Takeover comes after UK company has struggled since going public four years ago  —  DoorDash has agreed …

Financial Times

Discussion

  • @willsolfiac Will Solfiac on x
    Even our illegal-immigrant-employing slop-delivery companies are now owned by the Americans. The Deliveroo visa is now the DoorDash visa. Sad! Angus Hanton is right. [image]
  • @mrmbrown Michael Brown on x
    Looks like they've ridden to the finish line and finally delivered the deal *DOORDASH AGREES TO BUY DELIVEROO FOR 180 PENCE/SHARE IN CASH