Core Points - Deliveroo founder and CEO, Will Shu, is stepping down following the company's acquisition by US competitor DoorDash, which values Deliveroo at approximately £2.9 billion ($3.9 billion) [1][2] - The acquisition deal offers a significant premium on Deliveroo's shares, with a 29% increase over the closing price on 24 April 2025, and a 40% premium on the three-month volume-weighted average price [1][2] - The acquisition is expected to be finalized on 2 October, with a court hearing anticipated by the end of September [2] Company Overview - Deliveroo, founded in 2013, operates in several countries including Belgium, France, the Republic of Ireland, Italy, Kuwait, Qatar, Singapore, the United Arab Emirates, and the UK [2][3] - The company has partnered with approximately 176,000 restaurants, grocers, and retail partners, and works with over 130,000 riders to enhance the on-demand delivery experience [3] - Will Shu expressed pride in Deliveroo's achievements and indicated a desire to consider new challenges after 13 years [3]

Cryptocurrency & Memecoins - Crypto Quorum episode 23 will discuss the legitimacy and use cases of memecoins [1] - The debate will center around whether memecoins are scams or have legitimate purposes [1] - The episode is co-hosted by @zano_project and sponsored by @EdgeWallet [1] Event Details - The live event will be held on Thursday at 5pm UTC [1]

Core Viewpoint - Deliveroo CEO Will Shu will step down following the completion of the acquisition by U.S. rival DoorDash, which values Deliveroo at £2.9 billion ($4 billion) [1][2] Company Summary - Will Shu co-founded Deliveroo in 2013 with Greg Orlowski and has led the company since its inception [1] - The decision to step down comes after the announcement of DoorDash's acquisition deal in May [1] Industry Context - The acquisition by DoorDash signifies a consolidation trend in the food delivery industry, highlighting competitive dynamics between U.S. and U.K. platforms [1]

Core Insights - DoorDash has achieved a remarkable three-year return of approximately 308% as of September 16, 2024, indicating strong market performance [1] - The European Commission approved DoorDash's acquisition of Deliveroo, which could significantly expand its market presence [2] - DoorDash's international revenue has grown nearly 300% from $332 million in 2022 to $1.32 billion in 2024, highlighting the importance of international markets for growth [4] Market Expansion - In 2024, 88% of DoorDash's revenue came from the United States, with international revenue primarily driven by the acquisition of Wolt [3] - The acquisition of Deliveroo allows DoorDash to enter new markets, particularly in the UK, Ireland, France, Italy, and several other countries, which are among the largest economies globally [5][6] - Deliveroo's operations in these countries provide DoorDash with access to new customer bases and potential revenue streams [5] Financial Performance - Deliveroo has struggled with stock performance, down nearly 58% since its IPO in 2021, but has shown a 31% increase over the past two years [9] - Deliveroo's average quarterly revenue growth rate is only 5.4%, compared to DoorDash's 28.5%, indicating a significant disparity in growth potential [9] - Deliveroo's revenue take rate was 27.6% in the first half of 2025, more than double DoorDash's net revenue margin of 13.5%, suggesting opportunities for DoorDash to improve Deliveroo's profitability [10][11] Strategic Opportunities - DoorDash could lower Deliveroo's fees to enhance market share, following its own successful strategies in the U.S. market [12] - The acquisition is seen as having long-term upside potential for DoorDash shares, with a 12-month stock price forecast of $268.76, representing a 3.67% upside [13] - The growth of DoorDash's international business since 2022 supports the argument for the acquisition's potential benefits [14]

Core Points - Deliveroo's founder and CEO Will Shu will resign following the acquisition by U.S. rival DoorDash, which values Deliveroo at approximately £2.9 billion ($3.96 billion) [1][2] - The acquisition aims to leverage the combined reach and local expertise of both companies to enhance competitiveness in the food delivery market [1] - A court hearing to approve the acquisition is anticipated at the end of this month, with the deal expected to be finalized on October 2 [2] Company Changes - Will Shu, who established Deliveroo in 2013, has announced his decision to step down, indicating it is the right time for a transition [2] - Other non-executive board members, including Claudia Arney, Peter Jackson, Karen Jones, Rick Medlock, Shobie Ramakrishnan, Tom Stafford, and Dominique Reiniche, will also resign once the acquisition is completed [2]

You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. Third-party delivery platforms continue to lead the way with new digital tools and bells and whistles for operator partners. DoorDash is at the front of the pack. Just over the past year, DoorDash made three acquisitions (including ad tech and customer relationship technology), released branded mobile app capabilities, and began partnering with a drone delivery service. Now, the technology platform has announced new ecomm ...

Core Insights - Sally Beauty and DoorDash are collaborating to offer a unique pop-up experience in New York City, featuring the season's top beauty products [1] Company Highlights - The partnership aims to enhance consumer access to beauty products through an exclusive event [1] - The pop-up experience is designed to attract consumers and promote the latest beauty trends [1] Industry Trends - The collaboration reflects a growing trend of integrating e-commerce with physical retail experiences in the beauty industry [1] - This initiative may set a precedent for future partnerships between beauty brands and delivery services [1]

Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence [1] - The service includes daily updates, access to Zacks Rank, Equity Research reports, and Premium stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days [3] - Stocks are rated A, B, C, D, or F based on value, growth, and momentum characteristics [3] Value Score - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [4] Growth Score - The Growth Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [5] Momentum Score - The Momentum Score helps investors capitalize on price or earnings trends, using factors like one-week price change and monthly earnings estimate changes [6] VGM Score - The VGM Score combines all three Style Scores, serving as a key indicator alongside the Zacks Rank for identifying stocks with strong value, growth, and momentum [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building [8] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +23.64% since 1988, outperforming the S&P 500 [8] Stock Selection Strategy - Investors should prioritize stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [10] - Stocks with lower ranks but high Style Scores may still carry risks if earnings forecasts are declining [11] Company Spotlight: DoorDash, Inc. - DoorDash operates a logistics and technology platform connecting merchants, consumers, and dashers, with an IPO completed in December 2020 [12] - Currently rated 3 (Hold) with a VGM Score of B, and a Momentum Style Score of B, indicating potential for momentum investors [12] - Recent upward revisions in earnings estimates for fiscal 2025 have increased the Zacks Consensus Estimate by $0.26 to $2.42 per share, with an average earnings surprise of +35.7% [13]

Group 1 - The iShares Russell 1000 Growth ETF (IWF) experienced an approximate outflow of $209.1 million, representing a 0.2% decrease in shares outstanding week over week, from 261,600,000 to 261,150,000 [1] - Among the largest underlying components of IWF, GE Vernova Inc (GEV) decreased by about 2.2%, CrowdStrike Holdings Inc (CRWD) decreased by about 0.5%, while DoorDash Inc (DASH) increased by about 0.6% [1] - The 52-week range for IWF is between $308.67 (low) and $465.05 (high), with the last trade recorded at $463.99 [2] Group 2 - Exchange-traded funds (ETFs) trade like stocks, but investors buy and sell "units" which can be created or destroyed based on demand [3] - Monitoring week-over-week changes in shares outstanding helps identify ETFs with significant inflows or outflows, impacting the underlying holdings [3]

Company Overview - DoorDash, Inc. (DASH) has a market cap of $110.2 billion and operates marketplaces like DoorDash and Wolt, providing services such as food delivery, order fulfillment, merchant tools, and customer support [1] - The company is classified as a "large-cap" stock, with membership programs like DashPass and Wolt+, and offers white-label delivery solutions through DoorDash Drive and Wolt Drive [2] Stock Performance - Shares of DoorDash have declined 6.9% from their 52-week high of $278.15, but have increased 18.3% over the past three months, outperforming the Nasdaq Composite's 14.9% return [3] - Year-to-date, DoorDash shares have climbed 54.4%, significantly surpassing the Nasdaq's 15.5% gain, and have surged 97.2% over the past 52 weeks compared to the Nasdaq's over 26% return [4] Q2 2025 Results - Following Q2 2025 results, DoorDash shares jumped 5% after reporting EPS of $0.65, beating estimates, and revenue rose 24.9% year-over-year to $3.3 billion, exceeding consensus [5] - Marketplace Gross Order Value (GOV) surged 23% to $24.2 billion, with total orders up 20% to 761 million, and guidance for Q3 GMV is projected between $24.2 billion and $24.7 billion, indicating strong demand [5] Analyst Sentiment - Compared to rival Coupang, Inc. (CPNG), which has seen a YTD increase of 50.9%, DoorDash's stock has a consensus rating of "Moderate Buy" from 38 analysts, with a mean price target of $294.38, representing a 13.5% premium to current levels [6]