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Deliveroo CEO Exits Following DoorDash Acquisition

Deliveroo CEO Exits Following DoorDash Acquisition

Published:
2025-09-19 07:31:02
22
3
BTCCSquare news:

Deliveroo founder and CEO Will Shu will step down after U.S. rival DoorDash completes its takeover of the British food-delivery company. The MOVE marks a significant shift for Deliveroo as it integrates into DoorDash's global operations, with the deal expected to close by early October 2025.

Shu, who co-founded Deliveroo in 2013, described his departure as a natural transition after 13 years of building the company into a major industry player. "It's been an incredible journey," he said, signaling readiness for new challenges. His exit concludes a tenure that established Deliveroo as a homegrown UK tech success, though the company has recently faced stiff competition, margin pressures, and slowing sector growth.

The acquisition underscores DoorDash's aggressive international expansion strategy through M&A. All non-executive directors of Deliveroo will also resign upon deal completion, clearing the way for new leadership under the American parent company.

|Square

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