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DoorDash is said to have held takeover talks with Deliveroo last year

Mar. 06, 2022 9:04 AM ETDoorDash, Inc. (DASH), DROOFBy: Joshua Fineman, SA News Editor8 Comments

Deliveroo Shares Slump After Debut On London Stock Exchange

Dan Kitwood/Getty Images News

DoorDash (NYSE:DASH) is said to have held talks about a potential takeover of Deliveroo (OTCPK:DROOF) last summer, though a deal never came to fruition, according to a Sunday Times report.

A combination would have created a

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Comments (8)

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SA Analyst Are Bag Holders profile picture
Seeking Alpha love reporting the same news over and over in hopes that maybe at least one person out there will be foolish enough to buy a couple shares of Doordash.
CatchTheFallingKnife profile picture
Good thing Uber/DoorDash pulled out of the bidding war. Instacart is currently valued at $10B - $12B in the private market.
SA Analyst Are Bag Holders profile picture
@CatchTheFallingKnife source showing instacart $10-$12 value?
What happens when you add negative earnings to negative earnings? Do you get positive?
@TastyLaksa Nope. Especially when increased fuel prices are destroying your associates' ability to perform your service profitably.
GR Value profile picture
@TastyLaksa I don't think it really makes sense to have a vast delivery service because both the pay is too low and the expenses are just too high. Eventually drones are going to have to replace this system in general.
@GR Value I think the service is great, but no company that does it will ever make money.
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