DoorDash, Inc. (NYSE: DASH) has reached a deal to acquire Finnish food-delivery company Wolt Enterprises OY in an all-stock transaction valued at approximately EUR 7 billion.
Helsinki-based Wolt operates in over 180 cities across 23 European countries, including Serbia. It has over 45 000 merchant partners, 90 000 courier partners, and 12 million registered customers (June 2021 figures).
DoorDash, Inc. is an online food ordering and food delivery platform, based in San Francisco, United States. According to the annual report as of 31 December 2020, the platform served 450,000 merchants, 20 million consumers, and 1 million deliverers.
BDK Advokati advised in connection with the Employment, IP, and commercial legal issues related to the Serbian entity. Allen & Overy has been a lead counsel on the transaction.