Published 7 months ago • loading... • Updated 7 months ago

Deliveroo CEO to Step Down Following DoorDash Takeover

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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Deliveroo CEO Will Shu turned 100-hour Wall Street weeks into a $4 billion food empire. Now he’s walking away with $250 million

From midnight cravings to millionaire: Deliveroo’s Will Shu is cashing out with $250 million after a $4 billion DoorDash deal.

7 months ago·New York, United States

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CNBC

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Deliveroo founder Will Shu to step down as CEO after DoorDash takeover

"I have decided that now is the right time for me to step down," Deliveroo CEO Will Shu said Thursday.

7 months ago·United States

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This Is Money

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Deliveroo founder Will Shu to step down after DoorDash takeover

The founder of Deliveroo is stepping down following its £2.9billion takeover by a US rival.

7 months ago·United Kingdom

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Bloomberg

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Deliveroo CEO Will Shu to Step Down Post DoorDash Acquisition

Deliveroo Plc said Chief Executive Officer Will Shu will step down from the company he founded after DoorDash Inc. completes its acquisition. The deal is expected to close on October 2.

7 months ago·United States

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Evening Standard

+3 Reposted by 3 other sources

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Deliveroo founder Will Shu to step down as boss amid DoorDash takeover

Mr Shu said he will step down as chief executive officer once Deliveroo completes its £2.9 billion takeover by rival DoorDash.

7 months ago·London, United Kingdom

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TechXplore

+27 Reposted by 27 other sources

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Deliveroo CEO to step down following DoorDash takeover

Will Shu, founder of food delivery app Deliveroo, will step down as its chief executive once US rival DoorDash completes a takeover of the British group, a statement said Thursday.

7 months ago

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