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The Latest Breaking News from Deliveroo

Are Wall Street Analysts Predicting DoorDash Stock Will Climb or Sink?

DoorDash has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.

Barchart

Is DoorDash Stock a Buy, Sell, or Hold on $3.9B Deliveroo Deal?

DoorDash announced plans of buying U.K.-based Deliveroo for about $3.9 billion. Truist analysts believe DASH shares could hit $235 over the next 12 months.

Barchart

FTSE edges higher amid UK-India trade deal to continue winning streak

The FTSE 100 finished up by 0.01%, or 1.07 points, to close at 8,597.42.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Deliveroo takeover: What is DoorDash and what will the sale mean for customers?

Here, the PA news agency looks at what the takeover will mean for customers, staff, and the London stock market.

The Independent UK

DoorDash agrees to acquire UK rival Deliveroo for €3.55 billion

DoorDash, the US food delivery app, has agreed to acquire British rival Deliveroo for £2.9 billion (€3.55 billion) in cash, expanding its business in Europe, Asia and the Middle East.

Euronews

DoorDash agrees to acquire UK rival Deliveroo for $3.9 billion

U.S. food delivery app DoorDash has agreed to acquire British rival Deliveroo for 2.9 billion pounds ($3.9 billion) in cash

The Independent UK

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

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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

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

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

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Evening Standard

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.

The Guardian - US

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

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Evening Standard

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.

The Guardian - UK

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 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.

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

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