Key Takeaway
DoorDash’s recent acquisition of Deliveroo significantly expands its international presence, particularly in markets where it previously had limited influence. Deliveroo operates in nine countries, with the UK and Ireland accounting for 59% of its business in 2023, making them key to DoorDash’s European strategy. This deal follows DoorDash’s 2022 acquisition of Wolt Enterprises, bringing its total operations to 45 markets worldwide, including 30 in Europe. The acquisition enhances DoorDash’s access to the Middle East and strengthens its position in competitive European markets, marking its second major international expansion in three years.
What DoorDash is Acquiring
This agreement will significantly enhance DoorDash’s international presence, especially in regions where it previously had minimal impact.
Deliveroo operates in nine countries: Belgium, France, Italy, Ireland, Kuwait, Qatar, Singapore, the UAE, and the UK.
The UK and Ireland accounted for 59% of Deliveroo’s business in 2023, making these markets crucial to the combined entity’s European strategy.
With this acquisition and its 2022 purchase of Helsinki-based Wolt Enterprises, DoorDash now operates in 45 markets globally, with 30 of those located in Europe.
This represents DoorDash’s second significant international acquisition in three years as the company expands beyond its traditional strongholds in the United States, Canada, and Australia.
The geographic expansion grants DoorDash immediate access to markets in the Middle East, where it previously had no operations. It also bolsters its position in competitive European markets where various platforms compete for market share.
