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The Latest Breaking News from Deliveroo

Food Delivery App DoorDash Agrees To Buy Peer Deliveroo

US food delivery app DoorDash has agreed to buy UK-based rival Deliveroo for GBP2.9 billion ($3.9 billion) in a deal that will expand its global reach.

International Business Times

Deliveroo agrees £2.9 billion takeover from US rival DoorDash

Co-founder and CEO Will Shu’s 5.9% holding is worth around £172 million if the deal goes through at the agreed price.

Evening Standard

Deliveroo set to be sold to US rival DoorDash in £2.9bn takeover

The combined company will have a presence in 40 countries

The Independent UK

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Deliveroo agrees £2.9bn takeover by US rival DoorDash

San Francisco-based DoorDash will pay 180p a share in cash for London-listed Deliveroo.

Evening Standard

Co-op gives away free food due to error

One customer was able to get around £80 worth of goods for just £3.29, according to reports

The Independent UK

Forget the silly IPO price. Deliveroo would be right to take DoorDash’s money and run

With a bidding war unlikely, a take-out price of £2.7bn is probably as good as it gets for Deliveroo

The Guardian - UK

FTSE 100 matches longest run of consecutive gains in eight years

The blue-chip index nudged up on Monday to mark its 11th straight day in the green.

Evening Standard

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Deliveroo shares surge after £2.7bn DoorDash takeover move

Founder Will Shu could net £172m in potential deal as biggest US food delivery app looks to expand globally

The Guardian - UK

Deliveroo shares shoot higher after US takeover proposal

On Monday, Deliveroo also suspended its £100 million share buyback programme as a result of the takeover talks.

Evening Standard

FTSE 100 Live 28 April: M&S shares lower but index run goes on, Deliveroo surges

The selling of Marks Spencer shares continued in a still-improving FTSE 100 index today as the disruption caused by a cyber incident entered a second week.

Evening Standard

Deliveroo in talks over £2.7 billion buyout proposal from DoorDash

Deliveroo’s board said it received an ‘indicative proposal’ from DoorDash on April 5.

Evening Standard

US food delivery app DoorDash offers to buy UK rival Deliveroo for $3.6bn

The London-based company, the second largest food deliver app in the UK, said no ‘firm offer’ had been made yet

The Guardian - US

Deliveroo order growth improves but customer numbers remain sluggish

Founder Will Shu described it as a ‘strong start’ to the year but said he was ‘mindful’ of growing economic uncertainty.

Evening Standard

Sweet, sticky and sold out everywhere: why is there such a craze for Dubai chocolate?

The creamy pistachio bar is all over TikTok, but good luck trying to find it in shops. Connoisseurs, market-watchers and the woman who invented it discuss its sudden rush to fame

The Guardian - UK

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The Independent UK

‘I was eating 7,000 calories in one sitting – I had to delete the Deliveroo app’

LIFE STORIES: Lachlan Munro (Lucky), 43, a London-based life coach and music producer, suffered from food addiction and went up to 18.5st, ordering vast quantities on Deliveroo – and spending all his rent money. He’s now found recovery, he tells Charlotte Cripps

The Guardian - UK

How has Deliveroo turned a profit? By dismantling the rights of riders like me

Our work is dangerous and the pay gets worse, while the CEO has just sold £15m in shares – we deserve better, says Deliveroo rider Shaf Hussain

Evening Standard

Revealed: Fires in London sparked by 'dangerous' e-bikes and e-scooters double in three years

Exclusive: Standard investigation uncovers 120 injuries and 3 deaths in the capital linked to vehicles catching alight

Evening Standard

Co-op announces first Aldi price match

The new prices will be available across all of the Co-op’s 2,400 shops and on ‘quick commerce’ delivery platforms including Deliveroo and Uber Eats.

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Evening Standard

Corrupt Met Police officer jailed for stealing dead woman's money for Amazon and Deliveroo shopping spree

PC Amelia Lancaster was caught on a colleague’s bodyworn camera as she rifled through the dead woman’s possessions

The Guardian - UK

Deliveroo makes annual profit for first time

The £3m 2024 figure compares with £32m loss in 2023 and comes despite ‘uncertain consumer environment’

The Independent UK

Toy firm Hornby unveils plans to go private

The Scalextric and model train firm said it plans to re-register as a private company to help with its ongoing overhaul.

International Business Times

Food App Deliveroo Delivers First Annual Profit

Food delivery app Deliveroo announced Thursday its first annual profit as orders and revenue rose, while the 12-year old company sees further growth despite exiting Hong Kong.

Evening Standard

Deliveroo boss says groceries could eclipse takeaway orders after first profit

Groceries and retail accounted for about one-sixth of order income last year, but founder Will Shu said this could reach 50% or more.

The Independent UK

Deliveroo makes first full year of profit after expanding shopping ranges

The delivery giant, which has been branching out from takeaway food to groceries, said the UK is facing an ‘uncertain’ consumer environment.

The Independent UK

MP urges takeaway firms to give rider data to Government amid ‘rampant’ abuse

Nick Timothy accused food delivery companies of a ‘dereliction of duty’, when they let self-employed riders use ‘substitute’ couriers.

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