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Deliveroo CEO to Step Down Following DoorDash Takeover
Will Shu, Deliveroo's founder, will step down after 13 years as CEO following a £2.9 billion acquisition by DoorDash, which will create a global delivery service with 50 million users.
- Deliveroo's CEO Will Shu will step down once the $4 billion acquisition by DoorDash is completed.
- Shu founded Deliveroo in London in 2013, and it now operates in 9 countries with over 130,000 riders worldwide.
- The deal values Deliveroo at £2.9 billion, with Shu set to receive a £172 million windfall from his 6.5% stake.
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Coverage Details
Total News Sources41
Leaning Left4Leaning Right6Center12Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 18%
C 55%
R 27%
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