DoorDash’s Bid for Deliveroo Marks End of Europe’s Food Delivery Boom
A food delivery courier for Deliveroo carries an insulated bag in Hong Kong.
Photographer: Lam Yik/BloombergThis article is for subscribers only.
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Yazhou Sun unpacks what DoorDash’s offer to buy Deliveroo means for an industry that’s fallen hard from its pandemic highs.
Snap expectations: The parent of the Snapchat social app declined to issue a sales forecast for the current period, saying US trade policies and economic headwinds are buffeting its advertising business.