DoorDash offers $3.6B for rival Deliveroo in bid to beef up Europe operations
1. DoorDash proposed to acquire Deliveroo for £2.7 billion ($3.60 billion). 2. Deliveroo's shares declined nearly 50% since its 2021 debut. 3. A deal would strengthen DoorDash's presence in Europe. 4. Deliveroo exited Hong Kong, selling assets to Delivery Hero's foodpanda. 5. Previous talks between DoorDash and Deliveroo ended over valuation disagreements.