On May 6, US company DoorDash acquired a British rival for US$3.29 billion. As part of Doordash’s international expansion strategy (2024 revenue of US$10.7 billion, up by 24%, net margin ratio of 1.5%), the group will expand from 30 to 40 countries and serve 50 million active users per month (up by 19%) once the acquisition is finalised. Deliveroo has been unable to withstand competitive pressure. Although profitability was achieved in 2024 (US$2.62 billion in revenue, up 3%, profit of...
Delivery platforms: Doordash acquires Deliveroo for US$3.3 billion
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