LONDON (AP) — DoorDash, the ubiquitous U.S. food delivery app, has agreed to acquire British rival Deliveroo for 2.9 billion pounds ($3.9 billion) in cash, expanding its business in Europe, Asia and the Middle East.
San Francisco-based DoorDash will pay 180 pence ($2.40) for each Deliveroo share, 29% more than the closing price on April 24, the day before the offer was announced, the companies said in a joint statement before the London Stock Exchange opened for trading on Tuesday.
The deal is DoorDash’s second major international acquisition in three years as the company expands from its traditional base in the U.S., Canada and Australia. After the purchase of Deliveroo, and the 2022 acquisition of Helsinki-based Wolt Enterprises, DoorDash will operate in more than 40 markets worldwide.
“I could not be more excited by the prospect of what DoorDash and Deliveroo will be able to accomplish together,” DoorDash CEO Tony Xu said in the statement.
Both companies were founded in 2013, using the then emerging technology of smartphones to link restaurants and their customers to a network of delivery riders.
Deliveroo now operates in nine countries, including the U.K. and Ireland, which accounted for 59% of its business in 2023. It also does business in France, Italy, Belgium, Singapore, the United Arab Emirates, Kuwait and Qatar.
The acquisition comes less than three months after technology investment company Prosus agreed to buy Amsterdam-based Just Eat Takeaway.com for 4.1 billion euros ($4.29 billion), boosting its food delivery portfolio in Europe.
FILE - This July 11, 2017 file photo, shows a deliveroo logo on a bicycle in London. (AP Photo/Frank Augstein, File)
SALT LAKE CITY (AP) — A shooting outside a church building in Salt Lake City killed two people and injured six others Wednesday, police said.
The shooting took place in the parking lot of a meetinghouse of The Church of Jesus Christ of Latter-day Saints, widely known as the Mormon church.
Dozens of people were attending a funeral inside at the time. All the victims were adults.
Police said they do not believe the shooter had any animus toward a particular faith.
“We don’t believe this was a targeted attack against a religion or anything like that,” Salt Lake City Police Chief Brian Redd said.
Police also do not believe the shooting was random. Authorities said no suspect was in custody.
About 100 law enforcement vehicles were at the scene in the aftermath, and helicopters flew overhead.
“This should never have happened outside a place of worship. This should never have happened outside a celebration of life,” Mayor Erin Mendenhall said.
The church was cooperating with law enforcement and was grateful for efforts first responders' efforts, a spokesperson said.
“We extend prayers for all who have been impacted by this tragedy and express deep concern that any sacred space intended for worship should be subjected to violence of any kind,” Sam Penrod said in a statement.
The church is headquartered in Salt Lake City, and about half of Utah’s 3.5 million residents are members of the faith. Churches like the one where the shooting occurred can be found in towns throughout the city and state.
The faith has been on heightened alert since four people were killed when a former Marine opened fire in a Michigan church last month and set it ablaze. The FBI found that he was motivated by “anti-religious beliefs” against the church.
Police respond to a fatal shooting in a parking lot of The Church of Jesus Christ of Latter-day Saints in Salt Lake City on Wednesday, Jan. 7, 2025. (AP Photo/Hannah Schoenbaum)
Police respond to a fatal shooting in a parking lot of The Church of Jesus Christ of Latter-day Saints in Salt Lake City on Wednesday, Jan. 7, 2025. (AP Photo/Hannah Schoenbaum)
Police respond to a fatal shooting in a parking lot of The Church of Jesus Christ of Latter-day Saints in Salt Lake City on Wednesday, Jan. 7, 2025. (Laura Seitz/The Deseret News via AP)
People hug each other after a fatal shooting in a parking lot of The Church of Jesus Christ of Latter-day Saints in Salt Lake City on Wednesday, Jan. 7, 2025. (Laura Seitz/The Deseret News via AP)
Funeral attendees leave a meetinghouse of The Church of Jesus Christ of Latter-day Saints after a fatal shooting in the parking lot in Salt Lake City on Wednesday, Jan. 7, 2025. (Laura Seitz/The Deseret News via AP)
Police respond to a fatal shooting in a parking lot of The Church of Jesus Christ of Latter-day Saints in Salt Lake City on Wednesday, Jan. 7, 2025. (Rio Giancarlo/The Deseret News via AP)
