Core Insights - The Saudi sovereign wealth fund has opened a subsidiary office in Paris, marking its latest move in global expansion [1] Group 1 - The establishment of the Paris office is part of the fund's strategy to enhance its international presence [1] - This initiative reflects the fund's commitment to diversifying its investments and exploring new markets [1]

Group 1 - DoorDash announced two major acquisitions: a $1.2 billion cash purchase of hotel technology company SevenRooms Inc. and a $3.9 billion acquisition of London-based delivery platform Deliveroo Plc, reflecting its ambition for global expansion [1] - The acquisition of SevenRooms is expected to enhance DoorDash's high-end restaurant client base, while the Deliveroo acquisition opens up the UK and European markets [1][2] - DoorDash's Q1 financial results showed total revenue of $3 billion, slightly below analyst expectations, but net profit of $193 million exceeded market consensus, with total order volume reaching 732 million, a year-on-year increase of 18% [2] Group 2 - DoorDash plans to increase investment in sales and product features for SevenRooms to expand its market coverage and enhance its operational and marketing solutions [2] - The company expects total order value for the current quarter to be between $23.3 billion and $23.7 billion, aligning with Wall Street's expectations [3] - Despite strong consumer demand, ongoing investments in new business categories and international markets are putting pressure on DoorDash's profit forecasts, with adjusted EBITDA expected to be between $600 million and $650 million, below average expectations [3]