LinkedIn: DoorDash is acquiring Deliveroo, deal approved, closing is expected for Q4 2025. Deliveroo is slower-growing and smaller than DoorDash and Uber Eats, but once the deal lands, DoorDash gets deeper UK and Ireland, and will gain some presence in UAE+Italy.
Some notes on Deliveroo that reported on Q2 and H1 a couple of days ago:
1/ Orders and money: GTV +9% YoY (Q2 +10%), orders +8%. Adjusted EBITDA £96m (+46%) – both Uber and DoorDash report double digit growth at times larger scale (see here https://lnkd.in/dXtnM5Fm)
2/ Core restaurants re-accelerated. Cohorts keep improving – higher frequency and lower lapse.
3/ Ads: ~1.5% of GTV, aiming for 2%+ by ’26. This is a much earlier stage than DD and Uber Ads, but it’s moving.
4/ Merchant stack: Focus stayed on the subscription service Plus, ads efficiency, and defect reduction.
5/ Grocery/retail: grocery is 18% of GTV with double-digit growth; retail is early but building selection and awareness.
6/ AI for ops: stacked orders, rider wait times down, “order not received” at an all-time low after auto-accept, receipt scanning at handoff, and tighter rider policies. GenAI is used for menu/catalog enrichment.
I’m curious what will DD do with Deliveroo once its acquired – it let Wolt continue to operate separately, but something tells me that it may not be the case with Deliveroo.