“However, it is well below the 390p share price that Deliveroo first floated at when it launched on the London Stock Exchange in April 2021.”
DoorDash is buying Deliveroo for £2.9 billion, less than half its 2021 listing price. The CEO gets about £172 million. Over 130,000 riders get a new owner. UK delivery becomes a two-horse race between American companies.