DoorDash completes Deliveroo acquisition, officially launches in Singapore

DoorDash has officially landed in Singapore, following the completion of its acquisition of Deliveroo.

In an open letter, Tony Xu, DoorDash co-founder and CEO described the move as “the beginning of a new chapter, not the end of an old one”, assuring that the Deliveroo app and its products “aren’t going anywhere”.

Xu said the combination of DoorDash’s global scale and technology with Deliveroo’s existing operations would allow the company to “serve more people, in more places, with greater impact”.

He added that the company will continue building on Deliveroo’s foundation across its three key audiences: consumers, merchants and riders.

Don't miss: How the Grab-GoTo merger could impact merchants across Southeast Asia

For Deliveroo’s seven million active customers, the focus will be on making the experience “faster, smarter, and more delightful”. For the platform’s 178,000 merchants, Xu said the goal is to roll out more tools to help businesses “thrive both online and offline”.

Meanwhile, the 130,000 riders on Deliveroo’s network can expect commitments around flexibility, along with “better mapping and new support and protections to make delivering easier, safer, and more secure”.

As part of the transition, Wolt co-founder Miki Kuusi will take on the role of CEO of Deliveroo, while continuing as head of international at DoorDash. Kuusi, who will relocate to London in the coming months, said he has long admired Deliveroo’s “strong brand, great product, and world-class operations”.

“I want to thank Will Shu in particular for everything he has done for Deliveroo and the industry as a whole. It’s remarkable what this team has built and accomplished. I couldn’t be more excited to learn from each other as we take our shared mission to the next level,” he added. Shu co-founded Deliveroo in 2013 and served as its CEO before stepping down following the acquisition.

The Singapore expansion comes as Deliveroo reshapes its presence in Asia. In Hong Kong, the company revealed it would exit the market by selling certain assets to competitor foodpanda while winding down others. Deliveroo Hong Kong’s platform remained live until 7 April 2025, with liquidators appointed to manage the closure.

“There are several dynamics specific to the Hong Kong market which led the Board to consider strategic options and, given the group’s commitment to disciplined capital allocation, determine that it would not serve shareholders’ best interests to continue to operate in Hong Kong,” the company said in a statement seen by MARKETING-INTERACTIVE at the time.

Related articles: 
Grab dismisses GoTo merger talk as speculation resurfaces    
foodpanda makes a move into ride-hailing through TADA tie-up    
Deliveroo SG launches shopping service