The American shipping giant “DoorDash” announced tonight (Tuesday-Wednesday) that it is acquiring the courier company Walt for about $ 8.1 billion. Experts estimate that the background to the deal is the desire of the two companies to expand their operations in the United States, in light of the sharp increase in profits in the food courier business during the closure period in 2020.

Transaction specifications indicate that Walt will continue to operate alongside its name, widget and staff in the countries in which it operates. Following the deal, the companies announced that they “share a common goal of building a global technology platform for local commerce, which makes customers have access to the best products in their environment.”

Dordash (Photo: REUTERS / Carlo Allegri)

Dordash founder and CEO Tony Shaw said after the signing that “Dordash and Walt share a common vision for building a global local commerce platform that empowers communities. Walt has built a culture of optimism, meticulous operation, and constant entrepreneurship that fits our path. We believe we can accelerate technological development, focus on every market, and enhance the value we bring to customers, businesses and couriers around the world. “Walt Founder and CEO Mickey Cossi added that” “We are excited to team up with Tony and the Dordash team to build something great More”.

The Walt Couriers Company was established in 2014 and has since spread to another 20 cities around the world. The American company Dordash holds a market share of about 56 percent among food shipments in the United States and 60 percent among convenience shipments. As of December 31, 2020, the platform served 450,000 merchants, 20 million consumers and one million vendors.

Dordash previously acquired Caviar, a company that specializes in delivering food from upscale restaurants, which typically do not offer deliveries, for $ 410 million, Scotty Labs, a startup specializing in self-driving and remote control technology, and Chowbotics, which is known for making salads by method. Robotic.

By Editor

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