DoorDash confirmed that it will acquire Britain’s Deliveroo for $3.9 billion in cash, expanding its business in Europe, Asia and the Middle East, according to the Associated Press. Deliveroo first announced it had received a bid from DoorDash just over a week ago.
It also said Tuesday that it had purchased SevenRooms, a New York company that makes hospitality management software, for $1.2 billion in cash. DoorDash said the deal will expand its offerings to merchants and help them grow in-store sales and customer relations.
DoorDash expects the SevenRooms deal to close in the second half of this year.
The deals are the biggest for DoorDash since 2022, when it bought Finnish rival Wolt Enterprises for $8.1 billion. That acquisition brought DoorDash into 22 countries where it didn’t already operate, including Germany.
With the addition of Deliveroo, DoorDash said it will now operate in 40 countries.
The company said Tuesday that demand for deliveries remained strong in the first quarter even as more Americans feel increasingly uneasy about the U.S. economy.
