Deliveroo

DoorDash (DASH) Q3 revenue beat estimates, but earnings missed due to planned 2026 spending, causing a 9% stock drop. Revenue grew 27%, with total orders surging to 776 million. Investment focuses on a new global tech platform and automation, including the “Dot” robot. DoorDash projects Q4 Adjusted EBITDA below analysts’ expectations. The recent Deliveroo acquisition for $3.9 billion marks a significant international expansion, with anticipated contribution to EBITDA in Q4 and 2026.

Deliveroo CEO and co-founder Will Shu is stepping down pending DoorDash’s £2.9 billion ($4 billion) acquisition, expected to finalize on October 2nd. Shu, who founded Deliveroo in 2013, announced his departure after 13 years, citing opportune timing and achieved growth. The acquisition gives DoorDash a significant European presence and access to Deliveroo’s infrastructure. While integration challenges exist, the deal offers potential synergies in technology and market expertise, impacting the competitive landscape of the food delivery industry.