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EXPLAINED: 15 | Vintage Vibes

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

New York official charged in shooting of DoorDash delivery driver who was lost

John J Reilly, a highway superintendent, allegedly fired shots at a driver who stopped to ask for directions

The Guardian - US

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

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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

A lost DoorDash driver started knocking at houses for directions. A local official then shot him in the back, cops say

John J. Reilly, 48, the highway superintendent for the town of Chester, is charged with assault, criminal possession of a weapon and criminal possession of a firearm

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

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

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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

Barchart

Earnings Preview: What to Expect From DoorDash's Report

DoorDash is all geared to report its first-quarter results next month, and analysts project its earnings to increase by triple digits.

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International Business Times

Amazon and Walmart Expand Same-Day Prescription Delivery Nationwide

Amazon and Walmart expand nationwide same-day prescription deliveries, offering faster, more convenient access to medications.Amazon

Fortune

Black-market groups on Facebook are reportedly selling Uber and DoorDash accounts that let people bypass background checks and driver's license provisions

Users buy and rent Uber driver accounts, raising safety concerns.

International Business Times

DoorDash Robot Deliveries Launch in Los Angeles, Chicago—But There's a Catch

DoorDash and Coco Robotics launch their robot delivery services in Los Angeles and Chicago. However, there's a catch.

Salon

Humor: New Silicon Valley femtech apps

Big Tech loves women. Big Tech respects women. And don't be hysterical: Big Tech is NOT harvesting women's data

Capital & Main

Venezuelan Dad Deported to Salvadoran Prison Was Family Man Who Worked for DoorDash

Alirio Guillermo Belloso Fuenmayor’s wife is trying to find a way to get him released and home to Venezuela.

Reason

There's Nothing Novel About the DoorDash-Klarna Collaboration

Consumers have long paid for daily goods with loans.

Fortune

Klarna CEO defends DoorDash deal as internet mocks ‘Collateralized Doordash Obligations’

Sebastian Siemiatkowski said U.S. customers would discover the many ways to use Klarna, as DoorDash deal inspires "The Big Short" memes.

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Sebastian Siemiatkowski

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