DoorDash offers $3.6B for rival Deliveroo in bid to beef up Europe operations
1. DoorDash proposed to acquire Deliveroo for $3.60 billion. 2. Deliveroo's share price fell nearly 50% since 2021 debut. 3. A firm offer is needed from DoorDash by May 23. 4. Deliveroo struggles with stagnating demand post-pandemic. 5. Previous acquisition talks between the companies ended over valuation disagreements.