Deals
DoorDash Considered Takeover of Deliveroo, Sunday Times Says
- U.S. food-delivery company had been seeking global growth
- Sides failed to reach an agreement, according to Sunday Times
A courier carries a DoorDash Inc. bag during a delivery in New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
U.S. food delivery company DoorDash Inc. considered a takeover bid for London-based Deliveroo Plc but the two sides failed to reach an agreement, the Sunday Times newspaper reported.
America’s biggest meal-delivery service mulled a bid to further its plan to expand in Europe and met with Deliveroo over the summer, the Sunday Times reported. A tie up would have created a food-delivery company with 4 billion pounds ($5.2 billion) in sales, the paper said.