Big Law
DoorDash Acquires Wolt Enterprises
DoorDash, Inc. (NYSE: DASH) today announced that it has completed the acquisition of Wolt Enterprises Oy (“Wolt”) in an all-stock transaction, bringing DoorDash to a total of 27 countries including the United States.
Going forward, Wolt CEO Miki Kuusi will oversee the combined company’s team and operations outside the United States, reporting to DoorDash CEO Tony Xu. Under Miki’s leadership, DoorDash aims to accelerate its international growth through faster product development and improved investment efficiency. The Wolt consumer app will continue to run separately, supported by the resources of a global technology company. Wolt plans to maintain operations in all of the markets where it currently operates.
