Doordash previously considered purchasing Deliveroo in 2022. Credit: Ascannio/Shutterstock.

DoorDash has recently expressed interest in acquiring the British food delivery company Deliveroo, but discussions between the two companies have stalled due to differences in valuation, Reuters has reported. 

Sources told the publication that there are currently no active discussions between the companies. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Both Doordash and Deliveroo have refrained from commenting.  

The global food delivery sector has experienced a downturn in demand since the peak of the Covid-19 pandemic, and this has been a major contributing factor to Deliveroo’s share performance struggles since its March 2021 initial public offering (IPO). 

Deliveroo collaborates with 180,000 restaurants and retailers and maintains a fleet of 140,000 riders. 

Deliveroo has reported a 2% increase in order growth in the first quarter of 2024, driven by its performance in France, the United Arab Emirates and Hong Kong.  

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Its gross transactional value rose 6% to £1.83bn, indicating a measure of orders placed through its platform. 

Amazon holds the largest share in Deliveroo with a 13.23% stake, followed by DST Global at 7.54%. Deliveroo CEO Will Shu possesses a 6.46% share, according to London Stock Exchange Group data.  

Shu, who co-founded Deliveroo in February 2013, initially held Class B shares granting him significant voting rights, but these were converted to Class A shares this year as per the company’s IPO prospectus. 

With a market value of $46.57bn, Doordash first considered purchasing Deliveroo in 2022, but neither company commented on the speculation.  

Doordash CEO Tony Xu, interviewed in the Financial Times in 2024, revealed the company’s strategy to expand beyond the US market.  

This strategic shift was underscored by Doordash’s acquisition of Finnish rival Wolt in 2021 for $8bn. 

Through Wolt’s acquisition, which closed in June 2022, DoorDash aimed to expand its global footprint, accelerate product development and enhance investment efficiency.