Prosus Ventures is set to exit the food and consumer goods delivery service in an all-stock deal which will boost DoorDash's international aspirations.
Online food ordering service DoorDash agreed yesterday to acquire Wolt, a Finland-based food and consumer delivery service that counts internet group Prosus as an investor, in a €7bn ($8.1bn) all-share deal.
The transaction is expected to close in the first half of next year and it includes a retention pool sized at about €500m for Wolt’s 4,000 employees and its management team. The company had raised approximately $856m in funding.
Founded in 2014, Wolt operates an online platform which allows…
