DoorDash will need to make a firm offer by May 23. Deliveroo, which was co-founded by chief executive Will Shu in 2013, operates in nine countries and works with about 135,000 riders across the world.

Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs on Monday after it received a $3.6 billion proposed takeover offer from DoorDash. Deliveroo announced ...

(Reuters) -British meal delivery company Deliveroo said on Friday it received a proposal from U.S. peer DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion).

Shares of Deliveroo, a food delivery service based in London, hit a three-year high April 38 after it received a $3.6 billion proposed takeover offer from DoorDash.