DoorDash Inc. announced it’s buying Finnish food-delivery company Wolt Enterprises Oy in an all-stock deal valued at about 7 billion euros ($8.1 billion), marking its biggest purchase to date.
The shares rose as much as 12% in extended trading as DoorDash said combining forces with Wolt will speed product development, bring a greater focus to each company’s markets and improve the value to customers, merchants and couriers around the world.
