U.S. DoorDash on 5 bln USD buying spree after earnings beat


By Xia Lin

NEW YORK, May 6 (Xinhua) -- In a matter of five hours on Tuesday, the U.S. delivery firm DoorDash Inc. announced two multibillion-dollar acquisitions that stand to turn what is already the largest food-delivery service in the United States into a formidable global player.

It agreed to buy London-based delivery Deliveroo Plc for 180 pence per share, or about 3.9 billion U.S. dollars, and it's acquiring hospitality tech company SevenRooms Inc. for 1.2 billion dollars.

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