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: DoorDash plans to buy Finnish food-delivery company Wolt in $8 billion deal – Vested Daily

: DoorDash plans to buy Finnish food-delivery company Wolt in $8 billion deal

DoorDash Inc., which posted both record revenue and orders in the third quarter as demand for delivery continued, also said Tuesday it plans to buy Finland-based food-delivery company Wolt in an all-stock deal worth more than $8 billion.

DoorDash DASH stock, which had been down more than 4% in after-hours trading, rose as high as 5% on the acquisition news. Shares had closed 0.6% lower in the regular session, at $192.02. 

In…

This post was originally published on Market Watch

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