Wolt
2021
$8.1B
Why
To accelerate DoorDash's global expansion strategy by instantly acquiring a successful local delivery platform that already maintained dominant market share across more than twenty distinct countries throughout Europe and Asia, explicitly targeting regions where DoorDash previously possessed zero operational presence.
Impact
The corporate acquisition transformed DoorDash from a primarily North American company into a global logistics enterprise overnight, bringing in millions of active international consumers, tens of thousands of new restaurant partners, and sophisticated international management talent familiar with local regulatory environments.
Outcome
integrated Wolt's well-regarded corporate leadership team directly into DoorDash's global executive suite, allowing the combined entity to pursue international growth opportunities and defend crucial market share against entrenched local delivery competitors across the entire European continent and specific Asian markets.