Deliveroo plc

DoorDash, Inc.

Today, May 6, quotes on Deliveroo, a small-cap food delivery company based in the UK, have <a href="https://finance.yahoo.com/quote/ROO.L/?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAANJzO7qhtq4ftfonGEodVUta3W7CcmJ8wkHgYAForTOSW-XBS4xlKF7KLyQk0L35CoYcX_jqygts2GD4qGMiFBIdNwS4SdNJF98C33sKbOp9lSNggPnmigup5BLKbWDPzB_A28f6kwvxv2u7wovLH2Nc3V4Qa7V3KMWqsBlp24tN">climbed</a> 2.5% on the London Stock Exchange to their highest level in over two years. These gains came after it was announced that the company would be acquired at a premium by DoorDash, the largest player in the U.S. food delivery market with a market capitalization on the Nasdaq of <a href="https://finance.yahoo.com/quote/DASH/?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAANJzO7qhtq4ftfonGEodVUta3W7CcmJ8wkHgYAForTOSW-XBS4xlKF7KLyQk0L35CoYcX_jqygts2GD4qGMiFBIdNwS4SdNJF98C33sKbOp9lSNggPnmigup5BLKbWDPzB_A28f6kwvxv2u7wovLH2Nc3V4Qa7V3KMWqsBlp24tN">more than</a> $87 billion. Analysts say the merger poses a threat to Uber’s position in the UK market.

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UK food delivery service Deliveroo gains on news of acquisition by DoorDash