DoorDash is buying Caviar from Square in a deal worth $410 million

DoorDash is buying Caviar from Square in a deal worth $410 million

5 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/08/01/doordash-is-buying-caviar-from-square/

DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar. DoorDash has agreed to pay Square $410 million in cash and preferred DoorDash stock.

Square bought Caviar about five years ago in a deal worth about $90 million. Now, Caviar has found a new home with DoorDash, the on-demand delivery startup that had been under fire for months regarding how it pays its delivery workers. DoorDash finally did right by its workers just last week.

DoorDash is buying Caviar from Square in a deal worth $410 million

Aug 1, 2019, 9:14pm UTC
https://techcrunch.com/2019/08/01/doordash-is-buying-caviar-from-square/ > DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar. DoorDash has agreed to pay Square $410 million in cash and preferred DoorDash stock. > Square bought Caviar about five years ago in a deal worth about $90 million. Now, Caviar has found a new home with DoorDash, the on-demand delivery startup that had been under fire for months regarding how it pays its delivery workers. DoorDash finally did right by its workers just last week.